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Iqiyi Inc (IQ)
NASDAQ:IQ
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Iqiyi (IQ) Earnings Date & Reports

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Earnings Data

Report Date
Feb 26, 2025
TBA Not Confirmed
Period Ending
2024 (Q4)
Consensus EPS Forecast
$0.02
Last Year’s EPS
$0.7
Same Quarter Last Year
Based on 8 Analysts Ratings
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Earnings Call Summary

Earnings Call Date:Nov 21, 2024
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% Change Since: -6.88%
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Next Earnings Date:Feb 26, 2025
Earnings Call Sentiment|Neutral
The earnings call presented a mixed outlook. While there were positive developments in content distribution revenue, mini and short dramas strategy, and overseas business performance, there were significant challenges with declining total revenue and membership revenue, as well as a decrease in advertising revenue. The company is taking innovative steps to counter these challenges, but the current financial performance indicates a need for cautious optimism.
Company Guidance
During the iQIYI Q3 2024 earnings call, the company provided guidance highlighting several key metrics and strategic initiatives aimed at fostering growth and enhancing user engagement. The total revenue for the quarter was reported at RMB 7.2 billion, marking a 10% year-over-year decline. Membership services revenue was RMB 4.4 billion, down 13% from the previous year, while online advertising revenue decreased by 20% to RMB 1.3 billion. Distribution revenue, however, saw an annual growth of 52%, reaching RMB 814 million. The company emphasized its strategic focus on mini and short dramas, planning to increase investments in this content category as a way to bolster user engagement and expand its subscriber base. Additionally, iQIYI introduced a family account option to enhance membership conversions, expecting it to positively impact revenue. The company aims to leverage AI technologies across its operations to improve efficiency and content distribution, particularly overseas, where membership revenue saw significant growth in markets like Hong Kong, Brazil, and Australia.
Growth in Content Distribution Revenue
Content distribution revenue reached RMB 814 million, growing 52% annually, indicating a strong expansion in this segment.
Innovative Mini and Short Dramas Strategy
The company has integrated mini and short dramas into its content ecosystem, with a focus on 1-5 minute vertical and 5-20 minute horizontal formats, which are expected to attract new users and enhance membership retention.
Positive Overseas Business Performance
Overseas business showed solid performance with both total revenue and membership revenue growing annually and sequentially, with notable growth in regions like Hong Kong, UK, Brazil, and Australia.
Technological Advancements and AI Utilization
The company made significant progress in AI applications, improving multilingual translation and content tagging efficiency, which enhances operational efficiency.
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Iqiyi (IQ) Earnings, Revenues Date & History

The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced

IQ Earnings History

Report Date
Fiscal Quarter
Forecast / EPS
Last Year's EPS
EPS YoY Change
Press Release
Slides
Play Transcript
Feb 26, 20252024 (Q4)
0.02 / -
0.7
Nov 21, 20242024 (Q3)
0.05 / 0.07
0.088-21.87% (-0.02)
Aug 21, 20242024 (Q2)
0.03 / 0.03
0.084-59.02% (-0.05)
May 16, 20242024 (Q1)
0.08 / 0.12
0.133-10.31% (-0.01)
Feb 28, 20242023 (Q4)
0.09 / 0.10
0.135-28.57% (-0.04)
Nov 21, 20232023 (Q3)
0.09 / 0.09
0.029204.76% (+0.06)
Aug 22, 20232023 (Q2)
0.07 / 0.08
0.014510.00% (+0.07)
May 16, 20232023 (Q1)
0.08 / 0.13
0.029361.90% (+0.10)
Feb 22, 20232022 (Q4)
0.06 / 0.13
-0.308143.75% (+0.44)
Nov 22, 20222022 (Q3)
0.02 / 0.03
-0.298109.68% (+0.33)
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
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IQ Earnings-Related Price Changes

Report Date
Price 1 Day Before
Price 1 Day After
Percentage Change
Nov 21, 2024$2.18$2.02-7.34%
Aug 21, 2024$3.08$2.60-15.58%
May 16, 2024$5.16$5.79+12.21%
Feb 28, 2024$3.67$3.670.00%
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
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FAQ

When does Iqiyi Inc (IQ) report earnings?
Iqiyi Inc (IQ) is schdueled to report earning on Feb 26, 2025, TBA Not Confirmed.
    What is Iqiyi Inc (IQ) earnings time?
    Iqiyi Inc (IQ) earnings time is at Feb 26, 2025, TBA Not Confirmed.
      Where can I see when companies are reporting earnings?
      You can see which companies are reporting today on our designated earnings calendar.
        What companies are reporting earnings today?
        You can see a list of the companies which are reporting today on TipRanks earnings calendar.
          What is IQ EPS forecast?
          IQ EPS forecast for the fiscal quarter 2024 (Q4) is $0.02.
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            Iqiyi (IQ) Earnings News

            iQIYI (NASDAQ:IQ) Drops Despite Robust Q3 Growth
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            iQIYI (NASDAQ:IQ) Drops Despite Robust Q3 Growth
            1y ago
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