GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » iQIYI Inc (NAS:IQ) » Definitions » Pre-Tax Income

iQIYI (IQ) Pre-Tax Income : $286 Mil (TTM As of Dec. 2023)


View and export this data going back to 2018. Start your Free Trial

What is iQIYI Pre-Tax Income?

Pretax income is the income that a company earns before paying income taxes. iQIYI's pretax income for the three months ended in Dec. 2023 was $72 Mil. Its pretax income for the trailing twelve months (TTM) ended in Dec. 2023 was $286 Mil. iQIYI's pretax margin was 6.67%.

During the past 9 years, iQIYI's highest Pretax Margin was 6.39%. The lowest was -48.21%. And the median was -23.51%.


iQIYI Pre-Tax Income Historical Data

The historical data trend for iQIYI's Pre-Tax Income can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

iQIYI Pre-Tax Income Chart

iQIYI Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Pre-Tax Income
Get a 7-Day Free Trial Premium Member Only -1,457.85 -1,067.99 -943.90 -4.85 284.67

iQIYI Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Pre-Tax Income Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 42.03 94.38 52.48 67.49 71.97

Competitive Comparison of iQIYI's Pre-Tax Income

For the Entertainment subindustry, iQIYI's Pre-Tax Income, along with its competitors' market caps and Pre-Tax Income data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


iQIYI's Pre-Tax Income Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, iQIYI's Pre-Tax Income distribution charts can be found below:

* The bar in red indicates where iQIYI's Pre-Tax Income falls into.



iQIYI Pre-Tax Income Calculation

This is the income that a company earns before paying income taxes.

iQIYI's Pretax Income for the fiscal year that ended in Dec. 2023 is calculated as

Pretax Income=Operating Income+Non Operating Income+Interest Expense+Interest Income+Other
=418.683+-11.773+-158.303+36.063+0
=285

iQIYI's Pretax Income for the quarter that ended in Dec. 2023 is calculated as

Pretax Income=Operating Income+Non Operating Income+Interest Expense+Interest Income+Other
=108.36+-4.285+-39.817+7.717+-0.0010000000000048
=72

Pre-Tax Income for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $286 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


iQIYI  (NAS:IQ) Pre-Tax Income Explanation

iQIYI's Pretax Margin for the quarter that ended in Dec. 2023 is calculated as

Pretax Margin=Pretax Income/Revenue
=71.974/1079.307
=6.67%

During the past 9 years, iQIYI's highest Pretax Margin was 6.39%. The lowest was -48.21%. And the median was -23.51%.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


iQIYI Pre-Tax Income Related Terms

Thank you for viewing the detailed overview of iQIYI's Pre-Tax Income provided by GuruFocus.com. Please click on the following links to see related term pages.


iQIYI (IQ) Business Description

Traded in Other Exchanges
Address
No. 21, North Road of Workers' Stadium, 4th Floor, iQIYI Youth Center, Yoolee Plaza, Chaoyang District, Beijing, CHN, 100027
Iqiyi is a leading streaming video-on-demand company in China that generates revenue through a mostly subscription basis and has over 100 million paying subscribers and 500 million monthly average users on its platform. The platform also provides user-generated content in long-form videos free of charge to nonpaying users, monetized through video-brand ads and performance-based ads. The company self-produces much of the subscription content and also generates revenue through content distribution, gaming, and IP licensing. Iqiyi competes in a crowded industry with Tencent Video, Alibaba's Youku, ByteDance's MangoTV, and Tencent-backed Bilibili. The company is 45.5% and 5.1% owned by Baidu and Xiaomi, respectively. Baidu also held 89.3% of the voting power as of end-February 2023.