IQiQIYI, Inc.
The schedule
- Thu14Jan
Potential corporate update regarding IQ's balance sheet, given the heavy debt load against current cash constraints and negative net income.
- Sun7Feb
Q3 2026 financial results assessing the impact of summer programming and the sustainability of the capital expenditure run rate.
- Sun9May
Year-end results and FY27 outlook, with a spotlight on forward content spending plans versus free cash flow generation.
- Sun8Aug
Q1 2027 reporting, measuring early 2027 advertising recovery and subscriber additions post-Lunar New Year.
Past
- Thu8Oct
Read-throughs from China's National Day holiday viewership and user engagement for the upcoming Q4 content pipeline.
- Sun9Aug
Actual outcome: Mixed · $1.35 at outcome
iQIYI reported Q2 2026 earnings on August 18, meeting EPS estimates of -$0.30 with revenue of RMB 6.3 billion. While the company highlighted an 8% sequential narrowing of its non-GAAP operating loss, it also noted seasonally lower membership revenue. The lack of robust top-line growth and ongoing unprofitability amid a weak macro environment weighed heavily on sentiment, causing the stock to sell off sharply toward the bear floor following the actual release.
Q2 2026 results focusing on subscriber retention, ad revenue amidst a weak macro environment, and operating cash flow given the highly leveraged profile.
