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Earnings May 19, 2026 at 7:00 AM

iQIYI Inc Earnings: Beat on EPS Despite Revenue Miss

iQIYI Inc (IQ) reported better-than-expected earnings per share while falling short on revenue in its latest quarterly results released on May 18, 2026. The Chinese streaming platform posted an EPS loss of $0.20 versus the estimated loss of $0.26, representing a 22.85% positive surprise.

The company’s actual EPS of -$0.20 came in $0.06 better than Wall Street’s consensus estimate of -$0.26. This 22.85% earnings surprise demonstrates improved operational efficiency despite ongoing losses.

Revenue totaled $6.11 billion, missing analyst expectations of $6.41 billion by $301.4 million. The actual revenue figure of $6,111,388,248 represented a -4.70% shortfall from the estimated $6,412,826,010.

While iQIYI managed to narrow its per-share losses beyond expectations, the revenue miss of 4.70% indicates potential challenges in subscriber growth or pricing power. The $301.4 million revenue shortfall suggests the streaming platform faced headwinds in monetizing its content library during the quarter.

This article is for informational purposes only and does not constitute investment advice. Past performance does not guarantee future results.