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Side-by-side financial comparison of iQIYI, Inc. (IQ) and Meritage Homes CORP (MTH). Click either name above to swap in a different company.

Meritage Homes CORP is the larger business by last-quarter revenue ($1.4B vs $971.6M, roughly 1.5× iQIYI, Inc.).

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.

Meritage Homes Corporation is a publicly traded American real estate development company that constructs a variety of single-family detached homes across the United States. It is the fifth largest home builder in the United States, based on 2023 home sales. The company also develops active adult communities and luxury real estate in Arizona.

IQ vs MTH — Head-to-Head

Bigger by revenue
MTH
MTH
1.5× larger
MTH
$1.4B
$971.6M
IQ

Income Statement — Q1 FY2026 vs Q2 FY2022

Metric
IQ
IQ
MTH
MTH
Revenue
$971.6M
$1.4B
Net Profit
$250.1M
Gross Margin
31.5%
Operating Margin
0.8%
23.5%
Net Margin
17.7%
Revenue YoY
10.5%
Net Profit YoY
49.4%
EPS (diluted)
$6.77

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.

Revenue
IQ
IQ
MTH
MTH
Q1 26
$971.6M
Q1 25
$906.0M
Q1 24
$1.1B
Q2 22
$1.4B
Q1 22
$1.2B
Net Profit
IQ
IQ
MTH
MTH
Q1 26
Q1 25
Q1 24
Q2 22
$250.1M
Q1 22
Gross Margin
IQ
IQ
MTH
MTH
Q1 26
Q1 25
Q1 24
Q2 22
31.5%
Q1 22
Operating Margin
IQ
IQ
MTH
MTH
Q1 26
0.8%
Q1 25
4.3%
Q1 24
9.9%
Q2 22
23.5%
Q1 22
Net Margin
IQ
IQ
MTH
MTH
Q1 26
Q1 25
Q1 24
Q2 22
17.7%
Q1 22
EPS (diluted)
IQ
IQ
MTH
MTH
Q1 26
Q1 25
Q1 24
Q2 22
$6.77
Q1 22

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
IQ
IQ
MTH
MTH
Cash + ST InvestmentsLiquidity on hand
$4.4M
$272.1M
Total DebtLower is stronger
Stockholders' EquityBook value
$13.3M
$3.4B
Total Assets
$46.7M
$5.3B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
IQ
IQ
MTH
MTH
Q1 26
$4.4M
Q1 25
$3.5M
Q1 24
$4.4M
Q2 22
$272.1M
Q1 22
$3.0M
Stockholders' Equity
IQ
IQ
MTH
MTH
Q1 26
$13.3M
Q1 25
$13.4M
Q1 24
$12.2M
Q2 22
$3.4B
Q1 22
$5.3M
Total Assets
IQ
IQ
MTH
MTH
Q1 26
$46.7M
Q1 25
$45.8M
Q1 24
$44.6M
Q2 22
$5.3B
Q1 22
$42.5M

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
IQ
IQ
MTH
MTH
Operating Cash FlowLast quarter
$-219.0M
Free Cash FlowOCF − Capex
$-225.4M
FCF MarginFCF / Revenue
-16.0%
Capex IntensityCapex / Revenue
0.5%
Cash ConversionOCF / Net Profit
-0.88×
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
IQ
IQ
MTH
MTH
Q1 26
Q1 25
Q1 24
Q2 22
$-219.0M
Q1 22
Free Cash Flow
IQ
IQ
MTH
MTH
Q1 26
Q1 25
Q1 24
Q2 22
$-225.4M
Q1 22
FCF Margin
IQ
IQ
MTH
MTH
Q1 26
Q1 25
Q1 24
Q2 22
-16.0%
Q1 22
Capex Intensity
IQ
IQ
MTH
MTH
Q1 26
Q1 25
Q1 24
Q2 22
0.5%
Q1 22
Cash Conversion
IQ
IQ
MTH
MTH
Q1 26
Q1 25
Q1 24
Q2 22
-0.88×
Q1 22

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

IQ
IQ

Segment breakdown not available.

MTH
MTH

Home Building$1.4B100%
Equity Method Investment Nonconsolidated Investee Or Group Of Investees$9.8M1%
Financial Service$5.1M0%
Land Closing$3.4M0%

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