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CONSOLIDATED STATEMENTS OF COMPREHENSIVE LOSS
¥ in Thousands, $ in Thousands
12 Months Ended
Dec. 31, 2018
CNY (¥)
¥ / shares
shares
Dec. 31, 2018
USD ($)
$ / shares
shares
Dec. 31, 2017
CNY (¥)
¥ / shares
shares
Dec. 31, 2016
CNY (¥)
¥ / shares
shares
Revenues:        
Revenues ¥ 24,989,116 $ 3,634,516 ¥ 17,378,350 ¥ 11,237,407
Operating costs and expenses:        
Cost of revenues (including related party amounts of RMB23,662, RMB141,642 and RMB789,116 (US$114,772) for the years ended December 31, 2016, 2017 and 2018, respectively) (27,132,811) (3,946,304) (17,386,563) (11,436,595)
Selling, general and administrative (including related party amounts of RMB118,229, RMB148,918 and RMB11,666 (US$1,697) for the years ended December 31, 2016, 2017 and 2018, respectively) (4,167,889) (606,194) (2,674,990) (1,765,824)
Research and development (including related party amounts of RMB871, RMB2,833 and RMB5,114 (US$744) for the years ended December 31, 2016, 2017 and 2018, respectively) (1,994,652) (290,110) (1,269,806) (824,482)
Total operating costs and expenses (33,295,352) (4,842,608) (21,331,359) (14,026,901)
Operating loss (8,306,236) (1,208,092) (3,953,009) (2,789,494)
Other expense        
Interest income (including related party amounts of RMB nil, RMB nil and RMB2,202 (US$320) for the years ended December 31, 2016, 2017 and 2018, respectively) 213,969 31,121 83,127 17,009
Interest expenses (including related party amounts of RMB106,731, RMB168,154 and RMB nil (US$ nil) for the years ended December 31, 2016, 2017 and 2018, respectively) (94,711) (13,775) (277,577) (110,477)
Foreign exchange (loss)/gain, net (970,796) (141,196) 400,737 (238,564)
Loss from equity method investments (16,965) (2,467) (263) (100)
Other income, net 192,309 27,970 2,488 60,692
Total other (expenses)/income, net (676,194) (98,347) 208,512 (271,440)
Loss before income taxes (8,982,430) (1,306,439) (3,744,497) (3,060,934)
Income tax (expense)/benefit (78,801) (11,461) 7,565 (13,088)
Net loss (9,061,231) (1,317,900) (3,736,932) (3,074,022)
Less: Net income attributable to noncontrolling interests 48,545 7,061 0 0
Net loss attributable to iQIYI, Inc. (9,109,776) (1,324,961) (3,736,932) (3,074,022)
Accretion of redeemable convertible preferred shares (298,990) (43,486) 5,073,140 (4,874,739)
Extinguishment and reissuance of Series B preferred shares 0 0 (363,279) 0
Net (loss)/income attributable to ordinary shareholders (9,408,766) (1,368,447) ¥ 972,929 ¥ (7,948,761)
Net (loss)/earnings per ordinary share:        
Basic | ¥ / shares     ¥ 0.30 ¥ (23.20)
Diluted | ¥ / shares     ¥ (1.15) ¥ (23.20)
Shares used in net (loss)/earnings per ordinary share computation:        
Basic     342,548,237 342,548,237
Diluted     3,243,147,261 342,548,237
Other comprehensive income        
Foreign currency translation adjustments 1,787,553 259,989 ¥ (264,774) ¥ 195,255
Unrealized gains/(losses) on available-for-sale debt securities (689) (100) (1,470) 2,978
Total other comprehensive income/(loss), net of tax 1,786,864 259,889 (266,244) 198,233
Comprehensive loss (7,274,367) (1,058,011) (4,003,176) (2,875,789)
Less: Comprehensive income attributable to noncontrolling interests 48,589 7,067 0 0
Comprehensive loss attributable to iQIYI, Inc. ¥ (7,322,956) $ (1,065,078) (4,003,176) (2,875,789)
Class A and Class B ordinary share        
Net (loss)/earnings per ordinary share:        
Basic | (per share) ¥ (2.43) $ (0.35)    
Diluted | (per share) ¥ (2.43) $ (0.35)    
Shares used in net (loss)/earnings per ordinary share computation:        
Basic 3,867,931,786 3,867,931,786    
Diluted 3,867,931,786 3,867,931,786    
ADS        
Net (loss)/earnings per ordinary share:        
Basic | (per share) ¥ (17.01) $ (2.45)    
Diluted | (per share) ¥ (17.01) $ (2.45)    
Membership services        
Revenues:        
Revenues ¥ 10,622,769 $ 1,545,018 6,536,028 3,762,183
Online advertising services        
Revenues:        
Revenues 9,328,061 1,356,710 8,158,924 5,650,366
Content distribution        
Revenues:        
Revenues 2,162,643 314,543 1,191,816 500,952
Others        
Revenues:        
Revenues ¥ 2,875,643 $ 418,245 ¥ 1,491,582 ¥ 1,323,906