Financials

Estimates*

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Revenues, earnings & profits over time
USD2020202120222023202420252026
Revenues4.1b4.2b4.0b4.4b4.1b4.4b4.6b
% growth2 %3 %(5 %)10 %(5 %)6 %4 %
EBITDA(820m)(649m)117m2.4b2.1b2.2b2.3b
% EBITDA margin(20 %)(15 %)3 %54 %50 %49 %51 %
Profit(968m)(848m)(18.7m)265m141m279m370m
% profit margin(24 %)(20 %)-6 %3 %6 %8 %
EV / revenue3.1x1.1x1.5x1.3x0.7x0.6x0.5x
EV / EBITDA-15.3x-7.5x51.1x2.4x1.4x1.2x0.9x
R&D budget368m384m261m243m---
R&D % of revenue9 %9 %7 %6 %---
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DateInvestorsAmountRound
-

N/A

-

$50.0m

Late VC
N/A

$115m

Series B
N/A

N/A

Secondary
N/A

N/A

Series D

$300m

Late VC

$1.5b

Series G
N/A

$2.3b

Valuation: $13.5b

5.2x EV/LTM Revenues

16.0x EV/LTM EBITDA

IPO
N/A

$51.2m

Post IPO Equity
N/A

CNY100m

Post IPO Equity

N/A

Post IPO Equity
*

$285m

Post IPO Equity
*

$500m

Post IPO Convertible
Total Funding$2.0b

Recent News about iQiyi

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More about iQiyiinfo icon
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iQiyi operates as a premier online entertainment service, primarily catering to consumers seeking high-quality video content. The platform offers a diverse range of media, including Chinese, Korean, and Thai dramas, animes, and a variety of video games. Users can enjoy content with multisubtitles and dubbing, enhancing accessibility for a global audience. The company targets a broad market, from casual viewers to avid gamers, providing content that spans multiple genres and interests. iQiyi's business model revolves around a subscription-based service, supplemented by advertising revenue and in-app purchases. This model allows the company to monetize its extensive library of content while offering premium features and ad-free viewing to subscribers. The platform is accessible across multiple devices, including mobile phones, tablets, computers, and smart TVs, ensuring a seamless viewing experience. By continuously expanding its content library and leveraging advanced streaming technology, iQiyi maintains a competitive edge in the rapidly evolving digital entertainment market.

Keywords: video streaming, online entertainment, dramas, animes, video games, multisubtitles, dubbing, subscription service, advertising revenue, in-app purchases.

Tech stack

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Tech stackLearn more about the technologies and tools that this company uses.

Investments by iQiyi

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