📊 IQ Key Takeaways
Is iQIYI, Inc. (IQ) a Good Investment?
Unable to conduct meaningful fundamental analysis due to absence of financial data. All key metrics including revenue, profitability, balance sheet, and cash flow figures are unavailable, preventing assessment of financial health, operational performance, or growth quality.
iQIYI's fundamentals have weakened materially: fiscal 2024 revenue fell 8% to RMB29.23 billion, operating income fell 39% to RMB1.81 billion, and net income fell 60% to RMB764.1 million, with 2025 quarterly results deteriorating further into operating losses by Q2 and Q3. Cash generation has also rolled over, moving from positive free cash flow in 2024 to negative free cash flow in Q2 and Q3 2025, while liquidity remains tight with current assets well below current liabilities. The company is still capable of generating periods of profitability, but the current trend points to declining growth quality and rising balance-sheet strain rather than durable fundamental improvement.
Why Buy iQIYI, Inc. Stock? IQ Key Strengths
- No strengths identified
- The business remained profitable on a full-year basis in 2024 and still produced RMB2.11 billion of operating cash flow and RMB2.03 billion of free cash flow for the year.
- Content and operating cost discipline has historically supported recovery, with cost of revenues down 5% in 2024 and SG&A down 8% despite weaker sales.
- The company still held roughly RMB4.53 billion of cash, cash equivalents, restricted cash and short-term investments at December 31, 2024, improving to about RMB4.88 billion by September 30, 2025.
IQ Stock Risks: iQIYI, Inc. Investment Risks
- No financial data available for analysis
- Data quality severely compromised with only 1 metric available
- Cannot assess profitability, liquidity, or solvency metrics
- Impossible to evaluate operational efficiency or cash generation
- No insider trading activity data available for sentiment assessment
- Core profitability is deteriorating quickly: operating margin fell from 9% in 2023 to 6% in 2024, then to 5% in Q1 2025 before turning negative in Q2 and Q3 2025.
- Revenue quality is weak, with total revenue down 8% in 2024 and down 9%, 11%, and 8% year over year in Q1, Q2, and Q3 2025 respectively, indicating ongoing pressure in membership and advertising.
- Financial health is stretched: current assets were RMB9.53 billion versus current liabilities of RMB21.48 billion at year-end 2024, while debt remained heavy with loans and convertible notes exceeding RMB13.5 billion.
Key Metrics to Watch
- Revenue and YoY growth rates
- Operating margin and net profitability
- Free cash flow generation
- Debt-to-equity ratio and liquidity ratios
- Return on equity and return on assets
- Membership services revenue growth and overall total revenue trend
- Operating cash flow and free cash flow relative to debt obligations and current liabilities
iQIYI, Inc. (IQ) Financial Metrics & Key Ratios
💡 AI Analyst Insight
The current ratio below 1.0x warrants monitoring of short-term liquidity.
IQ Profit Margin, ROE & Profitability Analysis
IQ vs Services Sector: How iQIYI, Inc. Compares
How iQIYI, Inc. compares to Services sector averages
Sector benchmarks are approximate industry averages. Actual sector performance may vary.
Is iQIYI, Inc. Stock Overvalued? IQ Valuation Analysis 2026
Based on fundamental analysis, iQIYI, Inc. has mixed fundamental signals relative to the Services sector in 2026.
Note: This is a fundamental analysis based on SEC filings. For P/E ratio, price targets, and market-based valuation, consult financial data providers. This is not investment advice.
iQIYI, Inc. Balance Sheet: IQ Debt, Cash & Liquidity
IQ Revenue Growth, EPS Growth & YoY Performance
IQ SEC Filings: Latest 10-K & 10-Q Analysis
Access official SEC EDGAR filings for iQIYI, Inc. (CIK: 0001722608)
📋 Recent SEC Filings
❓ Frequently Asked Questions about IQ
What is the AI rating for IQ?
iQIYI, Inc. (IQ) has a Combined AI Rating of SELL from Claude (HOLD) and ChatGPT (SELL) with 44% combined confidence, based on fundamental analysis of SEC EDGAR filings.
What are IQ's key strengths?
Claude: . ChatGPT: The business remained profitable on a full-year basis in 2024 and still produced RMB2.11 billion of operating cash flow and RMB2.03 billion of free cash flow for the year.. Content and operating cost discipline has historically supported recovery, with cost of revenues down 5% in 2024 and SG&A down 8% despite weaker sales..
What are the risks of investing in IQ?
Claude: No financial data available for analysis. Data quality severely compromised with only 1 metric available. ChatGPT: Core profitability is deteriorating quickly: operating margin fell from 9% in 2023 to 6% in 2024, then to 5% in Q1 2025 before turning negative in Q2 and Q3 2025.. Revenue quality is weak, with total revenue down 8% in 2024 and down 9%, 11%, and 8% year over year in Q1, Q2, and Q3 2025 respectively, indicating ongoing pressure in membership and advertising..
What is IQ's revenue and growth?
iQIYI, Inc. reported revenue of N/A.
Does IQ pay dividends?
iQIYI, Inc. does not currently pay dividends.
Where can I find IQ SEC filings?
Official SEC filings for iQIYI, Inc. (CIK: 0001722608) including 10-K, 10-Q, and 8-K reports are available on SEC EDGAR.
What is IQ's EPS?
iQIYI, Inc. has a diluted EPS of $0.00.
How is the AI analysis conducted?
Two independent AI systems — Claude (Anthropic) and ChatGPT (OpenAI) — analyze SEC EDGAR filings including 10-K annual reports and 10-Q quarterly reports. Each AI evaluates financial health, profitability ratios, balance sheet strength, and growth metrics. The combined rating reflects both perspectives for balanced insights.
Is IQ a good stock to buy right now?
Based on our AI fundamental analysis in April 2026, iQIYI, Inc. has a SELL rating with 44% confidence. Review the strengths and risks sections above before making a decision. This is not investment advice.
Is IQ stock overvalued or undervalued?
Valuation metrics for IQ: ROE of N/A (sector avg: 16%), net margin of N/A (sector avg: 10%). Compare these metrics with sector averages to assess valuation.
Should I buy IQ stock in 2026?
Our dual AI analysis gives iQIYI, Inc. a combined SELL rating for 2026. Revenue is data pending, with profitability at or below sector average. Always conduct your own research.
What is IQ's free cash flow?
iQIYI, Inc.'s operating cash flow is N/A, with capital expenditures of N/A.
How does IQ compare to other Services stocks?
Vs Services sector averages: Net margin N/A (avg: 10%), ROE N/A (avg: 16%), current ratio N/A (avg: 1.5).