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

iQIYI, Inc. is the larger business by last-quarter revenue ($971.6M vs $531.4M, roughly 1.8× PJT Partners 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.

PJT Partners, Inc. is a global advisory-focused investment bank, founded in October 2015 as part of The Blackstone Group's spin-off of its financial and strategic advisory services businesses.

IQ vs PJT — Head-to-Head

Bigger by revenue
IQ
IQ
1.8× larger
IQ
$971.6M
$531.4M
PJT

Income Statement — Q1 FY2026 vs Q4 FY2025

Metric
IQ
IQ
PJT
PJT
Revenue
$971.6M
$531.4M
Net Profit
$53.4M
Gross Margin
Operating Margin
0.8%
23.1%
Net Margin
10.0%
Revenue YoY
12.9%
Net Profit YoY
4.0%
EPS (diluted)

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
PJT
PJT
Q1 26
$971.6M
Q4 25
$531.4M
Q3 25
$442.3M
Q2 25
$401.1M
Q1 25
$906.0M
$321.9M
Q4 24
$470.5M
Q3 24
$320.3M
Q2 24
$358.1M
Net Profit
IQ
IQ
PJT
PJT
Q1 26
Q4 25
$53.4M
Q3 25
$39.8M
Q2 25
$32.9M
Q1 25
$54.0M
Q4 24
$51.3M
Q3 24
$22.1M
Q2 24
$28.3M
Operating Margin
IQ
IQ
PJT
PJT
Q1 26
0.8%
Q4 25
23.1%
Q3 25
20.6%
Q2 25
19.1%
Q1 25
4.3%
16.3%
Q4 24
21.9%
Q3 24
15.4%
Q2 24
18.0%
Net Margin
IQ
IQ
PJT
PJT
Q1 26
Q4 25
10.0%
Q3 25
9.0%
Q2 25
8.2%
Q1 25
16.8%
Q4 24
10.9%
Q3 24
6.9%
Q2 24
7.9%

Balance Sheet & Financial Strength

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

Metric
IQ
IQ
PJT
PJT
Cash + ST InvestmentsLiquidity on hand
$4.4M
$538.9M
Total DebtLower is stronger
Stockholders' EquityBook value
$13.3M
$308.2M
Total Assets
$46.7M
$1.8B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
IQ
IQ
PJT
PJT
Q1 26
$4.4M
Q4 25
$538.9M
Q3 25
$400.5M
Q2 25
$214.6M
Q1 25
$3.5M
$194.3M
Q4 24
$483.9M
Q3 24
$148.8M
Q2 24
$164.2M
Stockholders' Equity
IQ
IQ
PJT
PJT
Q1 26
$13.3M
Q4 25
$308.2M
Q3 25
$228.6M
Q2 25
$167.4M
Q1 25
$13.4M
$148.8M
Q4 24
$187.0M
Q3 24
$159.1M
Q2 24
$133.8M
Total Assets
IQ
IQ
PJT
PJT
Q1 26
$46.7M
Q4 25
$1.8B
Q3 25
$1.7B
Q2 25
$1.5B
Q1 25
$45.8M
$1.4B
Q4 24
$1.6B
Q3 24
$1.6B
Q2 24
$1.4B

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
PJT
PJT
Operating Cash FlowLast quarter
$155.7M
Free Cash FlowOCF − Capex
$138.6M
FCF MarginFCF / Revenue
26.1%
Capex IntensityCapex / Revenue
3.2%
Cash ConversionOCF / Net Profit
2.92×
TTM Free Cash FlowTrailing 4 quarters
$480.4M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
IQ
IQ
PJT
PJT
Q1 26
Q4 25
$155.7M
Q3 25
$256.1M
Q2 25
$190.4M
Q1 25
$-75.9M
Q4 24
$195.7M
Q3 24
$180.5M
Q2 24
$193.6M
Free Cash Flow
IQ
IQ
PJT
PJT
Q1 26
Q4 25
$138.6M
Q3 25
$240.9M
Q2 25
$178.9M
Q1 25
$-77.9M
Q4 24
$195.3M
Q3 24
$178.5M
Q2 24
$193.0M
FCF Margin
IQ
IQ
PJT
PJT
Q1 26
Q4 25
26.1%
Q3 25
54.5%
Q2 25
44.6%
Q1 25
-24.2%
Q4 24
41.5%
Q3 24
55.7%
Q2 24
53.9%
Capex Intensity
IQ
IQ
PJT
PJT
Q1 26
Q4 25
3.2%
Q3 25
3.4%
Q2 25
2.9%
Q1 25
0.6%
Q4 24
0.1%
Q3 24
0.6%
Q2 24
0.1%
Cash Conversion
IQ
IQ
PJT
PJT
Q1 26
Q4 25
2.92×
Q3 25
6.43×
Q2 25
5.79×
Q1 25
-1.41×
Q4 24
3.81×
Q3 24
8.15×
Q2 24
6.84×

Financial Flow Comparison

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

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