Quick Answer
iQIYI, Inc. reported R&D Expense of $1.66 billion for fiscal year 2025.
iQIYI, Inc. R&D Expense — Annual History
| Fiscal Year | R&D Expense | YoY Change |
|---|---|---|
| 2025 | $1.66B | -6.5% |
| 2024 | $1.78B | +0.7% |
| 2023 | $1.77B | -7.0% |
| 2022 | $1.90B | -32.0% |
| 2021 | $2.79B | +4.5% |
| 2020 | $2.68B | +0.3% |
| 2019 | $2.67B | +33.7% |
| 2018 | $1.99B | +57.1% |
| 2017 | $1.27B | +54.0% |
| 2016 | $824.48M | — |
- iQIYI, Inc. showed a decrease of -6.5% in R&D Expense compared to the prior fiscal year.
- Over the 2016–2025 period, iQIYI, Inc.’s r&d expense has grown by 101.7% (from $824.48 million to $1.66 billion).
- The most recent figure is from iQIYI, Inc.’s fiscal year 2025 report (Form 20-F), filed with the SEC on March 16, 2026.
- All figures are sourced from SEC EDGAR XBRL filings, last verified June 17, 2026.
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