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Side-by-side financial comparison of Cineverse Corp. (CNVS) and iQIYI, Inc. (IQ). Click either name above to swap in a different company.
iQIYI, Inc. is the larger business by last-quarter revenue ($971.6M vs $16.3M, roughly 59.7× Cineverse Corp.). Over the past eight quarters, Cineverse Corp.'s revenue compounded faster (28.5% CAGR vs -10.0%).
Cineverse Corp. is an American entertainment company headquartered in Los Angeles, California. Cineverse’s businesses encompass digital cinema, streaming channels, content marketing, and distribution.
iQIYI, Inc.IQEarnings & Financial Report
iQIYI, formerly Qiyi, is a Chinese subscription video on-demand over-the-top streaming service owned by Baidu. Headquartered in Beijing, iQIYI primarily produces and distributes films and television series.
CNVS vs IQ — Head-to-Head
Income Statement — Q3 2026 vs Q1 2026
| Metric | | |
|---|---|---|
| Revenue | $16.3M | $971.6M |
| Net Profit | $-875.0K | — |
| Gross Margin | — | — |
| Operating Margin | -4.0% | 0.8% |
| Net Margin | -5.4% | — |
| Revenue YoY | -60.0% | — |
| Net Profit YoY | -112.2% | — |
| EPS (diluted) | $-0.05 | — |
Green = leading value per metric. Periods may differ when fiscal calendars don't align.
8-Quarter Revenue & Profit Trend
Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.
| Q1 26 | — | $971.6M | ||
| Q4 25 | $16.3M | — | ||
| Q3 25 | $12.4M | $938.7K | ||
| Q2 25 | $11.1M | — | ||
| Q1 25 | $15.6M | $906.0M | ||
| Q4 24 | $40.7M | — | ||
| Q3 24 | $12.7M | $1.0M | ||
| Q2 24 | $9.1M | — |
| Q1 26 | — | — | ||
| Q4 25 | $-875.0K | — | ||
| Q3 25 | $-5.5M | $-34.7K | ||
| Q2 25 | $-3.5M | — | ||
| Q1 25 | $856.0K | — | ||
| Q4 24 | $7.2M | — | ||
| Q3 24 | $-1.2M | $33.6K | ||
| Q2 24 | $-3.0M | — |
| Q1 26 | — | — | ||
| Q4 25 | — | — | ||
| Q3 25 | — | 18.2% | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | 22.0% | ||
| Q2 24 | — | — |
| Q1 26 | — | 0.8% | ||
| Q4 25 | -4.0% | — | ||
| Q3 25 | -43.8% | -1.8% | ||
| Q2 25 | -33.3% | — | ||
| Q1 25 | 13.7% | 4.3% | ||
| Q4 24 | 23.2% | — | ||
| Q3 24 | -6.8% | 3.3% | ||
| Q2 24 | -30.4% | — |
| Q1 26 | — | — | ||
| Q4 25 | -5.4% | — | ||
| Q3 25 | -44.9% | -3.7% | ||
| Q2 25 | -31.6% | — | ||
| Q1 25 | 5.5% | — | ||
| Q4 24 | 17.6% | — | ||
| Q3 24 | -9.4% | 3.3% | ||
| Q2 24 | -33.4% | — |
| Q1 26 | — | — | ||
| Q4 25 | $-0.05 | — | ||
| Q3 25 | $-0.31 | — | ||
| Q2 25 | $-0.21 | — | ||
| Q1 25 | $0.11 | — | ||
| Q4 24 | $0.34 | — | ||
| Q3 24 | $-0.09 | — | ||
| Q2 24 | $-0.20 | — |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $2.5M | $4.4M |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | $38.6M | $13.3M |
| Total Assets | $68.6M | $46.7M |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | $4.4M | ||
| Q4 25 | $2.5M | — | ||
| Q3 25 | $2.3M | $555.8K | ||
| Q2 25 | $2.0M | — | ||
| Q1 25 | $13.9M | $3.5M | ||
| Q4 24 | $6.1M | — | ||
| Q3 24 | $2.4M | $595.3M | ||
| Q2 24 | $4.0M | — |
| Q1 26 | — | — | ||
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | $73.7M | ||
| Q2 24 | — | — |
| Q1 26 | — | $13.3M | ||
| Q4 25 | $38.6M | — | ||
| Q3 25 | $38.0M | $1.9M | ||
| Q2 25 | $37.1M | — | ||
| Q1 25 | $38.8M | $13.4M | ||
| Q4 24 | $37.4M | — | ||
| Q3 24 | $29.8M | $1.9B | ||
| Q2 24 | $30.5M | — |
| Q1 26 | — | $46.7M | ||
| Q4 25 | $68.6M | — | ||
| Q3 25 | $61.9M | $6.4M | ||
| Q2 25 | $61.5M | — | ||
| Q1 25 | $72.5M | $45.8M | ||
| Q4 24 | $80.5M | — | ||
| Q3 24 | $60.6M | $6.4B | ||
| Q2 24 | $62.3M | — |
| Q1 26 | — | — | ||
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | 0.04× | ||
| Q2 24 | — | — |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | | |
|---|---|---|
| Operating Cash FlowLast quarter | $-1.6M | — |
| Free Cash FlowOCF − Capex | — | — |
| FCF MarginFCF / Revenue | — | — |
| Capex IntensityCapex / Revenue | — | — |
| Cash ConversionOCF / Net Profit | — | — |
| TTM Free Cash FlowTrailing 4 quarters | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | — | ||
| Q4 25 | $-1.6M | — | ||
| Q3 25 | $-7.2M | — | ||
| Q2 25 | $-14.5M | — | ||
| Q1 25 | $12.5M | — | ||
| Q4 24 | $7.4M | — | ||
| Q3 24 | $-85.0K | $34.6K | ||
| Q2 24 | $-2.3M | — |
| Q1 26 | — | — | ||
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | 14.56× | — | ||
| Q4 24 | 1.03× | — | ||
| Q3 24 | — | 1.03× | ||
| Q2 24 | — | — |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
CNVS
| OTT Streamingand Digital | $11.5M | 71% |
| Base Distribution | $3.5M | 22% |
| Podcast And Other | $1.3M | 8% |
IQ
Segment breakdown not available.
