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

ON Semiconductor is the larger business by last-quarter revenue ($1.6B vs $971.6M, roughly 1.6× 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.

Fairchild Semiconductor International, Inc. was an American semiconductor company based in San Jose, California. It was founded in 1957 as a division of Fairchild Camera and Instrument by the "traitorous eight" who defected from Shockley Semiconductor Laboratory. It became a pioneer in the manufacturing of transistors and of integrated circuits. Schlumberger bought the firm in 1979 and sold it to National Semiconductor in 1987; Fairchild was spun off as an independent company again in 1997. I...

IQ vs ON — Head-to-Head

Bigger by revenue
ON
ON
1.6× larger
ON
$1.6B
$971.6M
IQ

Income Statement — Q1 FY2026 vs Q3 FY2025

Metric
IQ
IQ
ON
ON
Revenue
$971.6M
$1.6B
Net Profit
$255.0M
Gross Margin
37.9%
Operating Margin
0.8%
17.0%
Net Margin
16.4%
Revenue YoY
-10.0%
Net Profit YoY
-32.9%
EPS (diluted)
$0.63

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
ON
ON
Q1 26
$971.6M
Q4 25
$1.6B
Q3 25
$1.5B
Q2 25
$1.4B
Q1 25
$906.0M
Q4 24
$1.7B
Q3 24
$1.8B
Q2 24
$1.7B
Net Profit
IQ
IQ
ON
ON
Q1 26
Q4 25
$255.0M
Q3 25
$170.3M
Q2 25
$-486.1M
Q1 25
Q4 24
$379.9M
Q3 24
$401.7M
Q2 24
$338.2M
Gross Margin
IQ
IQ
ON
ON
Q1 26
Q4 25
37.9%
Q3 25
37.6%
Q2 25
20.3%
Q1 25
Q4 24
45.2%
Q3 24
45.4%
Q2 24
45.2%
Operating Margin
IQ
IQ
ON
ON
Q1 26
0.8%
Q4 25
17.0%
Q3 25
13.2%
Q2 25
-39.7%
Q1 25
4.3%
Q4 24
23.7%
Q3 24
25.3%
Q2 24
22.4%
Net Margin
IQ
IQ
ON
ON
Q1 26
Q4 25
16.4%
Q3 25
11.6%
Q2 25
-33.6%
Q1 25
Q4 24
22.1%
Q3 24
22.8%
Q2 24
19.5%
EPS (diluted)
IQ
IQ
ON
ON
Q1 26
Q4 25
$0.63
Q3 25
$0.41
Q2 25
$-1.15
Q1 25
Q4 24
$0.88
Q3 24
$0.93
Q2 24
$0.78

Balance Sheet & Financial Strength

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

Metric
IQ
IQ
ON
ON
Cash + ST InvestmentsLiquidity on hand
$4.4M
$2.9B
Total DebtLower is stronger
$3.4B
Stockholders' EquityBook value
$13.3M
$7.9B
Total Assets
$46.7M
$13.0B
Debt / EquityLower = less leverage
0.43×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
IQ
IQ
ON
ON
Q1 26
$4.4M
Q4 25
$2.9B
Q3 25
$2.8B
Q2 25
$3.0B
Q1 25
$3.5M
Q4 24
$3.0B
Q3 24
$2.8B
Q2 24
$2.7B
Total Debt
IQ
IQ
ON
ON
Q1 26
Q4 25
$3.4B
Q3 25
$3.4B
Q2 25
$3.4B
Q1 25
Q4 24
$3.4B
Q3 24
$3.4B
Q2 24
$3.4B
Stockholders' Equity
IQ
IQ
ON
ON
Q1 26
$13.3M
Q4 25
$7.9B
Q3 25
$7.9B
Q2 25
$8.0B
Q1 25
$13.4M
Q4 24
$8.8B
Q3 24
$8.6B
Q2 24
$8.3B
Total Assets
IQ
IQ
ON
ON
Q1 26
$46.7M
Q4 25
$13.0B
Q3 25
$13.1B
Q2 25
$13.3B
Q1 25
$45.8M
Q4 24
$14.1B
Q3 24
$13.9B
Q2 24
$13.7B
Debt / Equity
IQ
IQ
ON
ON
Q1 26
Q4 25
0.43×
Q3 25
0.43×
Q2 25
0.42×
Q1 25
Q4 24
0.38×
Q3 24
0.39×
Q2 24
0.41×

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
ON
ON
Operating Cash FlowLast quarter
$418.7M
Free Cash FlowOCF − Capex
$372.4M
FCF MarginFCF / Revenue
24.0%
Capex IntensityCapex / Revenue
3.0%
Cash ConversionOCF / Net Profit
1.64×
TTM Free Cash FlowTrailing 4 quarters
$1.4B

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
IQ
IQ
ON
ON
Q1 26
Q4 25
$418.7M
Q3 25
$184.3M
Q2 25
$602.3M
Q1 25
Q4 24
$579.7M
Q3 24
$465.8M
Q2 24
$362.2M
Free Cash Flow
IQ
IQ
ON
ON
Q1 26
Q4 25
$372.4M
Q3 25
$106.1M
Q2 25
$454.7M
Q1 25
Q4 24
$434.8M
Q3 24
$293.6M
Q2 24
$207.7M
FCF Margin
IQ
IQ
ON
ON
Q1 26
Q4 25
24.0%
Q3 25
7.2%
Q2 25
31.5%
Q1 25
Q4 24
25.2%
Q3 24
16.7%
Q2 24
12.0%
Capex Intensity
IQ
IQ
ON
ON
Q1 26
Q4 25
3.0%
Q3 25
5.3%
Q2 25
10.2%
Q1 25
Q4 24
8.4%
Q3 24
9.8%
Q2 24
8.9%
Cash Conversion
IQ
IQ
ON
ON
Q1 26
Q4 25
1.64×
Q3 25
1.08×
Q2 25
Q1 25
Q4 24
1.53×
Q3 24
1.16×
Q2 24
1.07×

Financial Flow Comparison

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

Revenue Breakdown by Segment

IQ
IQ

Segment breakdown not available.

ON
ON

Industrial Segment$426.3M27%
Other End Markets Segment$337.3M22%
Intelligent Sensing Segments$284.0M18%
Direct Customers$282.4M18%
Intelligent Sensing Group$230.0M15%

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