Overview

• iQIYI Q3 2025 revenue falls 8% yr/yr, with a net loss reported

• Company reports operating loss of RMB121.8 mln, reversing from profit last year

• Net loss for Q3 2025 was RMB248.9 mln, compared to net income last year

Outlook

• Company did not provide specific financial guidance for future quarters or full year in press release

Result Drivers

• LIGHTER CONTENT SLATE - Membership services revenue decreased 4% yr/yr due to a lighter content slate

• DRAMA SERIES DISTRIBUTION - Content distribution revenue decreased 21% yr/yr due to lower drama series distribution

• OVERSEAS GROWTH - Robust growth in overseas operations driven by strategic investments

Key Details

Analyst Coverage

• The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 9 "strong buy" or "buy", 10 "hold" and 1 "sell" or "strong sell"

• The average consensus recommendation for the online services peer group is "buy"

• Wall Street's median 12-month price target for iQIYI Inc is $2.49, about 17.5% above its November 17 closing price of $2.05

• The stock recently traded at 23 times the next 12-month earnings vs. a P/E of 17 three months ago

Press Release: ID:nGNX10HjN3

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com.

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)