iQIYI announces first quarter 2026 financial results
Total revenues fell 13% to RMB6.23 billion, operating loss was RMB228.4 million, and net loss was RMB294.6 million.
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Chinese online video streaming platform
iqiyi.comLast updated
In short: iQIYI accelerated its AI-driven transformation to counter a 13% revenue decline in Q1 2026, pivoting toward AI-generated and short-form content.
Total revenues fell 13% to RMB6.23 billion, operating loss was RMB228.4 million, and net loss was RMB294.6 million.
The company aims to enhance capital market access and launches Nadou Pro for video generation.
The notes were validly surrendered and not withdrawn, with $259,000 remaining outstanding after settlement.
Total revenues for Q4 were RMB6.79 billion, up 3% YoY, with net loss significantly reduced.
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