(China Each day) iQIYI launched its monetary outcomes for the primary quarter of 2026, reporting complete income of 6.23 billion yuan ($914.2 million). The Chinese language on-line leisure platform mentioned a robust lineup of drama collection helped drive sequential development in membership income and bolstered its main place in China’s on-line drama market, citing knowledge from Enlightent.
In style titles through the quarter included The Punishment 2, Born to be Alive, Pursuit of Jade and How Dare You!?, whereas the range present Wander Collectively topped market share rankings for the quarter, in keeping with the corporate.
Membership service income rose two % from the earlier quarter, supported by longer subscription durations and the continued growth of higher-tier S-diamond memberships. iQIYI mentioned refined membership choices and bundled providers helped enhance person retention.
The corporate’s abroad enterprise maintained sturdy development momentum, with abroad membership income growing greater than 40 % year-on-year and common each day subscribers reaching a report excessive.
Amongst abroad markets, Brazil and Mexico every recorded membership income development of greater than one hundred pc year-on-year, whereas Indonesia posted development of over 80 %.
Chinese language dramas additionally continued to realize traction internationally. In response to Google Tendencies cited by the corporate, Pursuit of Jade ranked because the most-searched Chinese language drama throughout its launch window throughout 15 abroad markets.
Past streaming providers, iQIYI mentioned its expertise enterprise additionally expanded steadily. The corporate’s self-operated merchandise enterprise posted stable gross sales development, whereas iQIYI LAND Yangzhou obtained optimistic market suggestions for its immersive leisure experiences. New iQIYI LAND tasks are at the moment beneath improvement in Kaifeng and Beijing.
The corporate additionally highlighted its rising use of synthetic intelligence in content material manufacturing and operations. In the course of the quarter, iQIYI launched Nadou Professional, an AI-powered manufacturing platform designed to help studio-grade content material creation, manufacturing and industrial collaboration.
As well as, the corporate unveiled 16 tasks beneath its “Peter Pau × iQIYI AI Theater” initiative, masking genres together with science fiction, thriller, wuxia and fantasy. In response to iQIYI, AI instruments have been utilized in a number of manufacturing phases, comparable to character design, scene era and storyboarding.
The corporate mentioned it plans to additional leverage AI applied sciences to scale back manufacturing prices, shorten manufacturing cycles and increase its content material ecosystem.
iQIYI unveiled 16 tasks beneath its “Peter Pau × iQIYI AI Theater” initiative.Supply: China Each day Up to date: 2026-05-20 10:44
