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1、 iQIYI Announces Second Quarter 2025 Financial Results BEIJING,CHINA,August 20,2025 iQIYI,Inc.(Nasdaq:IQ)(“iQIYI”or the“Company”),a leading provider of online entertainment video services in China,today announced its unaudited financial results for the second quarter ended June 30,2025.Second Quarte

2、r 2025 Highlights Total revenues were RMB6.63 billion(US$925.3 million1),decreasing 11%year over year.Operating loss was RMB46.2 million(US$6.4 million)and operating loss margin was 1%,compared to operating income of RMB342.1 million and operating income margin of 5%in the same period in 2024.Non-GA

3、AP operating income2 was RMB58.7 million(US$8.2 million)and non-GAAP operating income margin was 1%,compared to non-GAAP operating income of RMB501.4 million and non-GAAP operating income margin of 7%in the same period in 2024.Net loss attributable to iQIYI was RMB133.7 million(US$18.7 million),comp

4、ared to net income attributable to iQIYI of RMB68.7 million in the same period in 2024.Non-GAAP net income attributable to iQIYI2 was RMB14.7 million(US$2.0 million),compared to non-GAAP net income attributable to iQIYI of RMB246.9 million in the same period in 2024.“During the second quarter and in

5、to the summer season,we delivered a series of blockbusters and secured the top market share in total drama viewership,according to Enlightent data,”commented Mr.Yu Gong,Founder,Director,and Chief Executive Officer of iQIYI.“Meanwhile,we are focusing on innovation and investing in key growth areas su

6、ch as AI applications,micro dramas,experience business,and global expansion,all with the goal of driving sustainable,long-term success.”“We effectively managed our resources and optimized our capital structure,with net interest expense consistently declining over the last seven consecutive quarters.