爱奇艺：4Q25 review: total revenue recovered on improving content performance-20260227

iQIYI (IQ US) iQIYI (IQ US) - 4Q25 review: 4Q25 review: total revenue recovered on improving content performance iQiyi announced 4Q25 results: total revenue grew by 3% YoY to RMB6.79bn, in line with Bloomberg consensus estimate; non-GAAP net income was RMB110mn, up from RMB59mn net loss in 4Q24 and ahead of consensus estimate of RMB68mn, thanks to the operating leverage. Looking ahead, we forecast total revenue to decline by 13% YoY and 8% QoQ to RMB6.28bn in 1Q26E, as the company has been adjusting content ...