NASDAQ$IQ

iQIYI Inc · Q4 2023 earnings

Q4 2023 earnings · · Investor relations

Briefing

IQ Q4 2023 — CNY 5.0M revenue

All of the variable interest entities are domestic companies incorporated in mainland China in which we do not have any equity ownership but whose financial results have been consolidated into our con. iQIYI Inc reported Q4 2023 results. Headline numbers extracted from the Form 20-F press release; narrative is light because this row was processed without an LLM call.

  • Revenue: CNY 5.0M.
  • Filed on Form 20-F (accession 0000950170-24-031129).

Headline financials

Total Revenue

$1.07B

Previous: $1.1B-3.1%
EPS (adj)

$0.10

Previous: $0.14-28.6%
Net Income

$64.5M

No prior period
Operating Income

$107M

No prior period
Gross Profit

$301M

No prior period
R&D Expense

$62.5M

No prior period

Revenue & EPS history

iQIYI · Revenue · Quarterly

$1.07B

Q4 2023-3.1%vs Q4 2022
Beat estimate in 9 of 14 quarters(64%)
ActualEstimate

Revenue by segment

iQIYI · $6.63B total across 4 segments · Q2 2025

  • Membership services
    $4.09B
  • Online advertising services
    $1.27B
  • Other revenues
    $829M
  • Content distribution
    $437M

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 20 quarterly earnings reports · overlaid with Q4 2023

Historical avgQ4 2023

-2.3%

Avg return

Earnings day

-4.8%

Avg return

5 days after

-1.5%

Avg return

30 days after

44%

14 / 32 earnings

Positive

+22.6%

Q4 2018

Best reaction

-24.0%

Q2 2024

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q2 2025+1.3%+5.7%+14.0%
Q1 2025-8.2%-10.2%-8.6%
Q4 2024-9.1%-11.2%-6.7%
Q3 2024-10.6%-8.7%-6.0%
Q2 2024-24.0%-26.6%-31.8%
Q1 2024+1.9%-14.5%-28.7%
Q4 2023+0.5%-0.8%+15.3%
Q3 2023-9.2%-9.2%-9.6%
Q2 2023-9.8%-11.0%-11.0%
Q1 2023-8.7%-16.9%-7.9%
Q4 2022-2.1%+6.2%-5.5%
Q3 2022-12.7%-14.1%+60.2%
Q2 2022-6.9%-10.2%-29.5%
Q1 2022+11.2%+14.5%+32.1%
Q4 2021+21.7%+3.1%+9.7%
Q3 2021-19.0%-22.6%-44.4%
Q2 2021-7.2%-14.3%-6.1%
Q1 2021+5.8%+10.1%+16.8%
Q4 2020+2.0%-4.9%+10.6%
Q3 2020-11.2%-15.2%-32.2%
Q2 2020-13.3%-13.9%-4.1%
Q1 2020-1.6%-13.6%+37.8%
Q4 2019-7.5%-3.7%-23.4%
Q3 2019+12.4%+7.6%+14.1%
Q2 2019+4.7%+3.3%+10.9%
Q1 2019-6.1%-4.8%-11.7%
Q4 2017+6.8%+2.9%-7.7%
Q4 2016+6.8%+2.9%-7.7%
Q4 2018+22.6%+18.7%+10.7%
Q3 2018-8.1%-1.1%-10.1%
Q2 2018+1.5%-3.4%-4.8%
Q1 2018+1.0%+3.2%+15.9%
Q3 2017
Q2 2017
Q1 2017

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