iQIYI, Inc. balance sheet IQ

Annual Quarterly

As of Dec 31, 2025, iQIYI, Inc. had total assets of $6.7 billion and total liabilities of $4.8 billion. Total assets were up 6.5% from a year earlier. Stockholders' equity was $1.9 billion. It held $921.3 million in cash and investments against $522.8 million of total debt, net cash of $398.5 million. The current ratio, current assets divided by current liabilities, was 0.47.

USD in millions, except ratios and per-share amounts. The percent under a figure is the change from the year before.

Line	FY 2025 Dec 31, 2025	FY 2024 Dec 31, 2024	FY 2023 Dec 31, 2023	FY 2022 Dec 31, 2022	FY 2021 Dec 31, 2021	FY 2020 Dec 31, 2020	FY 2019 Dec 31, 2019	FY 2018 Dec 31, 2018
Assets
Cash	623 +28.8%	484 -22.6%	625 -39.3%	1,029 +118.8%	470 -71.9%	1,673 +96.2%	852 +27.8%	667
Short-term investments	45 -65.1%	129 -2.7%	133 +11.8%	119 -43.9%	212 -58.9%	515 -21.8%	658 -25.4%	882
Long-term investments	254 -12.2%	289 -9.3%	318 -10.5%	356 -25.3%	476 -3.0%	491 +14.6%	428 +14.5%	374
Cash and investments	921 +2.2%	901 -16.2%	1,076 -28.5%	1,503 +29.8%	1,158 -56.8%	2,678 +38.2%	1,939 +0.8%	1,923
Receivables	361 +20.2%	300 -1.7%	306 -12.3%	348 -19.2%	431 -15.9%	513 -1.6%	521 +24.0%	420
Total current assets	1,471 +12.7%	1,305 -26.7%	1,780 -11.0%	1,999 +10.5%	1,808 -47.1%	3,416 +17.3%	2,912 +0.8%	2,888
Property and equipment, net	129 +7.4%	120 -1.1%	122 -24.0%	160 -24.1%	211 -1.2%	214 -15.3%	252 +7.1%	235
Goodwill	546 +4.4%	523 +0.0%	523 -2.9%	539 -11.7%	610 +2.4%	596 +6.7%	559 -1.2%	566
Total assets	6,675 +6.5%	6,269 -0.2%	6,281 -5.9%	6,676 +0.2%	6,665 -9.7%	7,385 +14.8%	6,434 -1.2%	6,510
Liabilities and equity
Accounts payable	—	—	—	—	—	—	—	1,478
Total current liabilities	3,156 +7.2%	2,942 -6.5%	3,147 -22.8%	4,078 +15.6%	3,527 -7.4%	3,809 +31.5%	2,898 +0.6%	2,882
Total liabilities	4,772 +7.6%	4,437 -2.8%	4,565 -20.7%	5,757 -0.3%	5,775 -2.7%	5,937 +17.8%	5,039 +30.2%	3,869
Stockholders' equity	1,903 +3.9%	1,832 +6.8%	1,716 +86.6%	920 +11.1%	828 -42.1%	1,431 +3.6%	1,381 -47.7%	2,641
Debt
Debt due within a year	462 -14.7%	542 +7.7%	503 +3.6%	485 -24.9%	646 +42.2%	455 +20.9%	376 -15.1%	443
Lease liabilities	61 -20.7%	77 -15.5%	91 -5.2%	96 -31.0%	139 -9.4%	153 +95.4%	78	—
Total debt	523 -15.5%	618 +4.2%	594 +2.2%	581 -26.0%	785 +29.2%	608 +33.7%	454 +2.6%	443
Net cash	398 +40.8%	283 -41.3%	482 -47.8%	923 +147.0%	373 -82.0%	2,071 +39.5%	1,484 +0.3%	1,480
Ratios
Current ratio	0.47x	0.44x	0.57x	0.49x	0.51x	0.90x	1.00x	1.00x
Debt to equity	0.27x	0.34x	0.35x	0.63x	0.95x	0.42x	0.33x	0.17x
Debt to EBITDA	9.94x	2.30x	1.29x	2.43x	—	—	—	—
Return on equity	-1.55%	5.71%	15.80%	-2.15%	-116.94%	-75.39%	-107.38%	-50.18%
Return on assets	-0.44%	1.67%	4.32%	-0.30%	-14.53%	-14.61%	-23.05%	-20.35%

How these figures are calculated

Annual columns are full-year amounts from the annual report (Form 10-K, 20-F, or 40-F). If a company restates a year, the latest filed number is shown. USD in millions, except ratios and per-share amounts. Cash and investments adds short-term and long-term marketable securities to cash. Debt due within a year is the borrowings that are not already in long-term debt. Total debt is those borrowings plus lease liabilities. Net cash is cash and investments minus total debt. Return on equity and return on assets divide the trailing twelve months of net income by the balance on that date. Debt to EBITDA uses the trailing twelve months of EBITDA. More on our methodology.

Company profile

Industry: Services-Video Tape Rental (SIC 7841)
Listed as: IQ (Nasdaq)
Fiscal year ends: December 31
Incorporated in: Cayman Islands
Headquarters: Chaoyang District Beijing
SEC filer status: Large accelerated filer
SEC CIK: 1722608

Other Services-Video Tape Rental companies

All 4 Services-Video Tape Rental companies

Source: SEC EDGAR filings. This is company-reported data, not investment advice.