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

Primoris Services Corp is the larger business by last-quarter revenue ($1.9B vs $971.6M, roughly 1.9× 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.

Primoris Services Corporation is a publicly traded specialty construction and infrastructure company based in the United States, with a particular focus on pipelines for natural gas, wastewater and water. As of 2014 it was a Fortune 1000 company.

IQ vs PRIM — Head-to-Head

Bigger by revenue
PRIM
PRIM
1.9× larger
PRIM
$1.9B
$971.6M
IQ

Income Statement — Q1 FY2026 vs Q4 FY2025

Metric
IQ
IQ
PRIM
PRIM
Revenue
$971.6M
$1.9B
Net Profit
$51.7M
Gross Margin
9.4%
Operating Margin
0.8%
4.2%
Net Margin
2.8%
Revenue YoY
6.7%
Net Profit YoY
-4.2%
EPS (diluted)
$0.94

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
PRIM
PRIM
Q1 26
$971.6M
Q4 25
$1.9B
Q3 25
$2.2B
Q2 25
$1.9B
Q1 25
$906.0M
$1.6B
Q4 24
$1.7B
Q3 24
$1.6B
Q2 24
$1.6B
Net Profit
IQ
IQ
PRIM
PRIM
Q1 26
Q4 25
$51.7M
Q3 25
$94.6M
Q2 25
$84.3M
Q1 25
$44.2M
Q4 24
$54.0M
Q3 24
$58.4M
Q2 24
$49.5M
Gross Margin
IQ
IQ
PRIM
PRIM
Q1 26
Q4 25
9.4%
Q3 25
10.8%
Q2 25
12.3%
Q1 25
10.4%
Q4 24
10.6%
Q3 24
12.0%
Q2 24
11.9%
Operating Margin
IQ
IQ
PRIM
PRIM
Q1 26
0.8%
Q4 25
4.2%
Q3 25
6.3%
Q2 25
6.7%
Q1 25
4.3%
4.3%
Q4 24
5.0%
Q3 24
6.0%
Q2 24
5.5%
Net Margin
IQ
IQ
PRIM
PRIM
Q1 26
Q4 25
2.8%
Q3 25
4.3%
Q2 25
4.5%
Q1 25
2.7%
Q4 24
3.1%
Q3 24
3.5%
Q2 24
3.2%
EPS (diluted)
IQ
IQ
PRIM
PRIM
Q1 26
Q4 25
$0.94
Q3 25
$1.73
Q2 25
$1.54
Q1 25
$0.81
Q4 24
$0.98
Q3 24
$1.07
Q2 24
$0.91

Balance Sheet & Financial Strength

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

Metric
IQ
IQ
PRIM
PRIM
Cash + ST InvestmentsLiquidity on hand
$4.4M
$535.5M
Total DebtLower is stronger
$469.9M
Stockholders' EquityBook value
$13.3M
$1.7B
Total Assets
$46.7M
$4.4B
Debt / EquityLower = less leverage
0.28×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
IQ
IQ
PRIM
PRIM
Q1 26
$4.4M
Q4 25
$535.5M
Q3 25
$431.4M
Q2 25
$390.3M
Q1 25
$3.5M
$351.6M
Q4 24
$455.8M
Q3 24
$352.7M
Q2 24
$207.4M
Total Debt
IQ
IQ
PRIM
PRIM
Q1 26
Q4 25
$469.9M
Q3 25
$486.0M
Q2 25
$603.1M
Q1 25
$612.0M
Q4 24
$734.8M
Q3 24
$903.7M
Q2 24
$933.0M
Stockholders' Equity
IQ
IQ
PRIM
PRIM
Q1 26
$13.3M
Q4 25
$1.7B
Q3 25
$1.6B
Q2 25
$1.5B
Q1 25
$13.4M
$1.4B
Q4 24
$1.4B
Q3 24
$1.4B
Q2 24
$1.3B
Total Assets
IQ
IQ
PRIM
PRIM
Q1 26
$46.7M
Q4 25
$4.4B
Q3 25
$4.6B
Q2 25
$4.5B
Q1 25
$45.8M
$4.2B
Q4 24
$4.2B
Q3 24
$4.2B
Q2 24
$4.0B
Debt / Equity
IQ
IQ
PRIM
PRIM
Q1 26
Q4 25
0.28×
Q3 25
0.30×
Q2 25
0.39×
Q1 25
0.42×
Q4 24
0.52×
Q3 24
0.67×
Q2 24
0.72×

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
PRIM
PRIM
Operating Cash FlowLast quarter
$142.9M
Free Cash FlowOCF − Capex
$121.1M
FCF MarginFCF / Revenue
6.5%
Capex IntensityCapex / Revenue
1.2%
Cash ConversionOCF / Net Profit
2.76×
TTM Free Cash FlowTrailing 4 quarters
$340.5M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
IQ
IQ
PRIM
PRIM
Q1 26
Q4 25
$142.9M
Q3 25
$182.9M
Q2 25
$78.5M
Q1 25
$66.2M
Q4 24
$298.3M
Q3 24
$222.5M
Q2 24
$16.1M
Free Cash Flow
IQ
IQ
PRIM
PRIM
Q1 26
Q4 25
$121.1M
Q3 25
$148.4M
Q2 25
$45.3M
Q1 25
$25.6M
Q4 24
$270.0M
Q3 24
$158.8M
Q2 24
$-8.1M
FCF Margin
IQ
IQ
PRIM
PRIM
Q1 26
Q4 25
6.5%
Q3 25
6.8%
Q2 25
2.4%
Q1 25
1.6%
Q4 24
15.5%
Q3 24
9.6%
Q2 24
-0.5%
Capex Intensity
IQ
IQ
PRIM
PRIM
Q1 26
Q4 25
1.2%
Q3 25
1.6%
Q2 25
1.8%
Q1 25
2.5%
Q4 24
1.6%
Q3 24
3.9%
Q2 24
1.5%
Cash Conversion
IQ
IQ
PRIM
PRIM
Q1 26
Q4 25
2.76×
Q3 25
1.93×
Q2 25
0.93×
Q1 25
1.50×
Q4 24
5.53×
Q3 24
3.81×
Q2 24
0.32×

Financial Flow Comparison

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

Revenue Breakdown by Segment

IQ
IQ

Segment breakdown not available.

PRIM
PRIM

Energy Segment$1.2B64%
Unit Price Contracts$473.7M25%
Cost Reimbursable Contracts$121.3M7%
Other$74.9M4%

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