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爱奇艺 iQIYI, Inc.(IQ)2025年第四季度及全年财报「NASDAQ」(英文版)(12页).pdf

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1、 iQIYI Announces Fourth Quarter and Fiscal Year 2025 Financial Results BEIJING,CHINA,February 26,2026 iQIYI,Inc.(Nasdaq:IQ)(“iQIYI”or the“Company”),a leading provider of online entertainment video services in China,today announced its unaudited financial results for the fourth quarter and fiscal yea

2、r ended December 31,2025.Fourth Quarter 2025 Highlights Total revenues were RMB6.79 billion(US$971.6 million1),increasing 3%year over year.Operating income was RMB55.4 million(US$7.9 million)and operating income margin was 1%,compared to operating income of RMB285.4 million and operating income marg

3、in of 4%in the same period in 2024.Non-GAAP operating income2 was RMB143.5 million(US$20.5 million)and non-GAAP operating income margin was 2%,compared to non-GAAP operating income of RMB405.9 million and non-GAAP operating income margin of 6%in the same period in 2024.Net loss attributable to iQIYI

4、 was RMB5.8 million(US$0.8 million),compared to net loss attributable to iQIYI of RMB189.4 million in the same period in 2024.Non-GAAP net income attributable to iQIYI2 was RMB109.7 million(US$15.7 million),compared to non-GAAP net loss attributable to iQIYI of RMB58.8 million in the same period in

5、2024.Fiscal Year 2025 Highlights Total revenues were RMB27.29 billion(US$3.90 billion),decreasing 7%from 2024.Operating income was RMB229.3 million(US$32.8 million)and operating income margin was 1%,compared to operating income of RMB1.81 billion and operating income margin of 6%in 2024.Non-GAAP ope

6、rating income was RMB638.9 million(US$91.4 million)and non-GAAP operating income margin was 2%,compared to non-GAAP operating income of RMB2.36 billion and non-GAAP operating income margin of 8%in 2024.Net loss attributable to iQIYI was RMB206.3 million(US$29.5 million),compared to net income attrib

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1. **2025年Q4业绩**:总收入67.9亿元(+3%),运营收入5540万元(同比下滑),Non-GAAP净利润1.097亿元(扭亏为盈)。 2. **2025财年业绩**:总收入272.9亿元(-7%),运营收入2.293亿元(同比下滑87%),净亏损2.063亿元(2024年盈利7.641亿元)。 3. **业务表现**:会员收入持平(41.1亿元),广告收入下滑6%(13.5亿元),内容分发收入大增94%(7.88亿元)。 4. **战略重点**:强化IP战略与会员/广告业务,加速海外及体验业务(如iQIYI LAND),利用AI推动AIGC内容生态。 5. **现金流**:Q4自由现金流2680万元,全年自由现金流1000万元(同比大幅下滑)。
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