Aurora Mobile MoonFox Data | iQIYI’s 2025 Revenue Continues to Decline, 2026 Accelerates Innovation to Break Through

iQIYI faced challenges in 2025 with revenue declining 7% year-on-year to RMB 27.29 billion and a net loss of RMB 206.3 million, ending its profitability cycle. However, Q4 showed recovery with 3% YoY revenue growth and 13% ARPU increase. In 2026, the company is pursuing growth through hit content like 'Punishment 2' and 'Dangerous Relationship,' AI technology innovation, overseas expansion, and offline immersive theater locations to break out of its loss-making predicament.