iQIYI revenue fell to CNY 6.23 billion as losses returned
iQIYI reported weaker financial results for Q1 2026, with revenue declining to CNY 6,225.78 million and a net loss of CNY 294.58 million, compared to a net income in the prior year. Concurrently, their Nadou Pro AI platform gained over 10,000 active creators within a month of launch and now supports more than 100 original productions, while overseas content like Running Man Thailand expanded its global footprint.
Key Takeaways
- Q1 2026 revenue fell to CNY 6,225.78 million from CNY 7,186.47 million in Q1 2025.
- Net income reversed from CNY 182.15 million to a CNY 294.58 million net loss year over year.
- Nadou Pro gained more than 10,000 active creators within one month of commercial launch.
- Nadou Pro is already supporting more than 100 original productions.
- Running Man Thailand expanded iQIYI’s overseas originals footprint during the quarter.
Why It Matters
iQIYI is showing two different signals in the same quarter: weaker top-line and profit performance, alongside fast adoption of its Nadou Pro AI production platform. That mix matters because it ties near-term earnings pressure to a growing creator toolset and a broader content pipeline, including overseas originals like Running Man Thailand. For StreamingMeme readers, the key next data point is whether Nadou Pro’s creator count and the number of supported productions keep rising in the next quarterly update.
Read full article at simplywall.st
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