iQIYI, Inc.
Cash Flow Statement
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Net Income | $-29.5M | $104.7M | $271.2M | $-19.7M | $-968.1M | $-1.08B | $-1.48B | $-1.32B |
| Depreciation & Amortization | — | — | — | — | — | — | — | — |
| Depreciation | $19.8M | $20.3M | $38.8M | $48.9M | $62.8M | $73.6M | $68.4M | $45.4M |
| Amortization | — | — | — | — | — | — | $68.9M | $50.4M |
| Stock-Based Compensation | $57.7M | $74.6M | $89.7M | $117.6M | $191.3M | $210.0M | $155.8M | $80.9M |
| Net Cash from Operating Activities | $15.1M | $289.1M | $472.1M | $-10.2M | $-934.0M | $-829.3M | $561.1M | $419.5M |
| Investing Activities | ||||||||
| Capital Expenditures | $13.7M | $10.9M | $5.2M | $25.3M | $41.0M | $36.9M | $106.3M | $89.0M |
| Business Acquisitions | — | — | — | $0 | $0 | $889.0K | $833.0K | $148.1M |
| Net Cash from Investing Activities | $-46.8M | $-334.9M | $-245.0M | $38.6M | $198.1M | $24.4M | $-1.69B | $-3.05B |
| Financing Activities | ||||||||
| Dividends Paid | — | — | — | — | — | — | — | — |
| Stock Repurchases | — | — | — | — | — | — | — | — |
| Net Cash from Financing Activities | $152.2M | $-187.7M | $-603.5M | $647.9M | $-464.4M | $1.44B | $1.13B | $3.41B |
| Net Change in Cash | $112.6M | $-231.6M | $-363.5M | $694.0M | $-1.23B | $617.8M | $21.4M | $876.7M |
| Free Cash Flow | $1.4M | $278.2M | $466.9M | $-35.5M | $-975.0M | $-866.2M | $454.8M | $330.5M |