iQIYI Debt-to-Equity Ratio Growth & History (IQ)
iQIYI's debt-to-equity ratio was 0.78 for fiscal 2025.
View full iQIYI company overviewiQIYI annual debt-to-equity ratio history
| Fiscal year | Period ended | Debt-to-equity ratio | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | 0.78 | −0.18 | −19.01% |
| 2024 | 2024-12-31 | 0.96 | 0.01 | +1.13% |
| 2023 | 2023-12-31 | 0.95 | −1.97 | −67.44% |
| 2022 | 2022-12-31 | 2.92 | 0.36 | +13.88% |
| 2021 | 2021-12-31 | 2.57 | 0.67 | +35.50% |
| 2020 | 2020-12-31 | 1.89 | 1.56 | +475.43% |
| 2019 | 2019-12-31 | 0.33 | 0.16 | +96.10% |
| 2018 | 2018-12-31 | 0.17 | — | — |
iQIYI quarterly debt-to-equity ratio
| Fiscal quarter | Period ended | Debt-to-equity ratio | Change | YoY change |
|---|---|---|---|---|
| Q4 2025 | 2025-12-31 | 0.78 | −0.18 | −19.01% |
| Q4 2024 | 2024-12-31 | 0.96 | 0.01 | +1.13% |
| Q3 2024 | 2024-09-30 | 0.99 | — | — |
| Q4 2023 | 2023-12-31 | 0.95 | −1.97 | −67.44% |
| Q4 2022 | 2022-12-31 | 2.92 | 0.36 | +13.88% |
| Q3 2022 | 2022-09-30 | 2.85 | — | — |
| Q4 2021 | 2021-12-31 | 2.57 | 0.67 | +35.50% |
| Q4 2020 | 2020-12-31 | 1.89 | 1.56 | +475.43% |
| Q3 2020 | 2020-09-30 | 0.89 | — | — |
| Q4 2019 | 2019-12-31 | 0.33 | 0.16 | +96.10% |
| Q4 2018 | 2018-12-31 | 0.17 | — | — |
iQIYI debt-to-equity ratio trends
Over the last five fiscal years, iQIYI's debt-to-equity ratio decreased from 1.89 to 0.78, a change of −1.11. The latest reported quarter, Q4 2025, shows 0.78.
What the debt-to-equity ratio means
The debt-to-equity ratio compares interest-bearing debt with shareholders’ equity. It helps show how much debt financing a company uses relative to its accounting equity, but useful comparison levels vary by industry.
How debt-to-equity is calculated
TickerStat calculates debt-to-equity as total interest-bearing debt divided by SEC-reported shareholders’ equity for the same balance-sheet date. Total liabilities are not treated as debt, and periods with non-positive equity are omitted. Fiscal periods can differ from calendar years, so exact period-end dates are included.
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