(Loss)/Earnings Per Share

12 Months Ended

Dec. 31, 2024

20.

(LOSS)/EARNINGS PER SHARE

Basic (loss)/earnings per share is computed using the weighted average number of the ordinary shares outstanding during the period. Diluted (loss)/earnings per share is computed using the weighted average number of ordinary shares and potential ordinary shares outstanding during the period under the if-converted method and the treasury stock method. The effect of the convertible senior notes was excluded from the computation of diluted net (loss)/earnings per share for the years ended December 31, 2022, 2023 and 2024, as its effect would be anti-dilutive. The effect of share options was excluded from the computation of diluted net loss per share for the years ended December 31, 2022, as its effect would be anti-dilutive.

Basic and diluted (loss)/earnings per Class A and Class B ordinary share for the years ended December 31, 2022, 2023 and 2024 are calculated as follows:


	Year ended December 31,
	2022						2023				2024				2024
	Class A			Class B			Class A		Class B		Class A				Class B
	RMB			RMB			RMB		RMB		RMB		US$		RMB		US$
(Loss)/earnings per share—basic:
Numerator
Net (loss)/income attributable to iQIYI, Inc.		(67,733	)		(68,479	)		1,048,303		877,166		418,801		57,376		345,258		47,300
Numerator used for basic (loss)/earnings per share		(67,733	)		(68,479	)		1,048,303		877,166		418,801		57,376		345,258		47,300
Denominator
Weighted average number of ordinary shares outstanding		2,977,609,078			3,010,412,347			3,634,425,531		3,041,097,278		3,688,877,543		3,688,877,543		3,041,097,278		3,041,097,278
Denominator used for basic (loss)/earnings per share		2,977,609,078			3,010,412,347			3,634,425,531		3,041,097,278		3,688,877,543		3,688,877,543		3,041,097,278		3,041,097,278
(Loss)/earnings per share—basic		(0.02	)		(0.02	)		0.29		0.29		0.11		0.02		0.11		0.02

(Loss)/earnings per share—diluted:
Numerator
Allocation of net (loss)/income available to iQIYI, Inc.'s ordinary shareholders		(67,733	)		(68,479	)		1,067,342		858,127		422,331		57,859		341,728		46,817
Reallocation of net (loss)/income available to iQIYI, Inc.'s ordinary shareholders as a result of conversion of Class B to Class A shares		(68,479	)		—			858,127		—		341,728		46,817		—		—
Numerator used for diluted (loss)/earnings per share		(136,212	)		(68,479	)		1,925,469		858,127		764,059		104,676		341,728		46,817
Denominator
Weighted average number of ordinary shares outstanding		2,977,609,078			3,010,412,347			3,634,425,531		3,041,097,278		3,688,877,543		3,688,877,543		3,041,097,278		3,041,097,278
Conversion of Class B to Class A ordinary shares		3,010,412,347			—			3,041,097,278		—		3,041,097,278		3,041,097,278		—		—
Share-based awards		—			—			148,105,257		—		69,525,328		69,525,328		—		—
Denominator used for diluted (loss)/earnings per share		5,988,021,425			3,010,412,347			6,823,628,066		3,041,097,278		6,799,500,149		6,799,500,149		3,041,097,278		3,041,097,278
(Loss)/earnings per share—diluted		(0.02	)		(0.02	)		0.28		0.28		0.11		0.02		0.11		0.02