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CONSOLIDATED STATEMENTS OF COMPREHENSIVE (LOSS)/INCOME
¥ in Thousands, $ in Thousands
12 Months Ended
Dec. 31, 2024
CNY (¥)
¥ / shares
shares
Dec. 31, 2024
USD ($)
$ / shares
shares
Dec. 31, 2023
CNY (¥)
¥ / shares
shares
Dec. 31, 2022
CNY (¥)
¥ / shares
shares
Revenues:        
Revenues ¥ 29,225,238 $ 4,003,841 ¥ 31,872,651 ¥ 28,997,548
Operating costs and expenses:        
Cost of revenues (21,953,582) (3,007,628) (23,102,492) (22,319,315)
Selling, general and administrative (3,682,050) (504,439) (4,014,070) (3,466,579)
Research and development (1,778,403) (243,640) (1,766,610) (1,899,233)
Total operating costs and expenses (27,414,035) (3,755,707) (28,883,172) (27,685,127)
Operating income 1,811,203 248,134 2,989,479 1,312,421
Other income/(expenses):        
Interest income 271,824 37,240 257,499 69,577
Interest expenses (1,062,026) (145,497) (1,130,314) (715,081)
Foreign exchange loss, net (97,249) (13,323) (105,434) (167,857)
Share of (losses)/gains from equity method investments 17,790 2,437 (51,249) (213,409)
Others, net (89,863) (12,312) 72,620 (319,427)
Total other expenses, net (959,524) (131,455) (956,878) (1,346,197)
(Loss)/Income before income taxes 851,679 116,679 2,032,601 (33,776)
Income tax expense (61,090) (8,369) (80,047) (84,000)
Net (loss)/income 790,589 108,310 1,952,554 (117,776)
Less: Net income attributable to noncontrolling interests 26,530 3,634 27,085 18,436
Net (loss)/income attributable to iQIYI, Inc. 764,059 104,676 1,925,469 (136,212)
Net (loss)/income attributable to ordinary shareholders 764,059 104,676 1,925,469 (136,212)
Other comprehensive loss:        
Foreign currency translation adjustments (133,922) (18,347) (163,983) (844,725)
Unrealized losses on available-for-sale debt securities (2,506) (343) (11,367) (21,091)
Total other comprehensive loss, net of tax (136,428) (18,690) (175,350) (865,816)
Comprehensive (loss)/income 654,161 89,620 1,777,204 (983,592)
Less: Comprehensive income attributable to noncontrolling interests 27,626 3,785 27,142 23,106
Comprehensive (loss)/income attributable to iQIYI, Inc. ¥ 626,535 $ 85,835 ¥ 1,750,062 ¥ (1,006,698)
Class A and Class B ordinary share        
Net (loss)/income per ordinary share:        
Basic | (per share) ¥ 0.11 $ 0.02 ¥ 0.29 ¥ (0.02)
Diluted | (per share) ¥ 0.11 $ 0.02 ¥ 0.28 ¥ (0.02)
Shares used in net loss per Class A and Class B ordinary share computation:        
Basic 6,729,974,821 6,729,974,821 6,675,522,809 5,988,021,425
Diluted 6,799,500,149 6,799,500,149 6,823,628,066 5,988,021,425
American Depositary Shares        
Net (loss)/income per ordinary share:        
Basic | (per share) ¥ 0.79 $ 0.11 ¥ 2.02 ¥ (0.16)
Diluted | (per share) ¥ 0.79 $ 0.11 ¥ 1.98 ¥ (0.16)
Membership services        
Revenues:        
Revenues ¥ 17,762,814 $ 2,433,496 ¥ 20,314,216 ¥ 17,710,830
Online advertising services        
Revenues:        
Revenues 5,714,243 782,848 6,223,903 5,331,697
Content distribution        
Revenues:        
Revenues 2,846,854 390,017 2,458,610 2,562,412
Others        
Revenues:        
Revenues ¥ 2,901,327 $ 397,480 ¥ 2,875,922 ¥ 3,392,609