iQiyi
Financials
Estimates*
USD | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
---|---|---|---|---|---|---|---|
Revenues | 4.1b | 4.2b | 4.0b | 4.4b | 4.1b | 4.4b | 4.6b |
% growth | 2 % | 3 % | (5 %) | 10 % | (5 %) | 6 % | 4 % |
EBITDA | (820m) | (649m) | 117m | 2.4b | 2.1b | 2.2b | 2.3b |
% EBITDA margin | (20 %) | (15 %) | 3 % | 54 % | 50 % | 49 % | 51 % |
Profit | (968m) | (848m) | (18.7m) | 265m | 141m | 279m | 370m |
% profit margin | (24 %) | (20 %) | - | 6 % | 3 % | 6 % | 8 % |
EV / revenue | 3.1x | 1.1x | 1.5x | 1.3x | 0.7x | 0.6x | 0.5x |
EV / EBITDA | -15.3x | -7.5x | 51.1x | 2.4x | 1.4x | 1.2x | 0.9x |
R&D budget | 368m | 384m | 261m | 243m | - | - | - |
R&D % of revenue | 9 % | 9 % | 7 % | 6 % | - | - | - |
Date | Investors | Amount | Round |
---|---|---|---|
- | 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
EditiQiyi 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.