vs

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

Sunrun Inc. is the larger business by last-quarter revenue ($1.2B vs $971.6M, roughly 1.2× 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.

Sunrun Inc. is an American provider of photovoltaic systems and battery energy storage products, primarily for residential customers. The company was established in 2007 and is headquartered in San Francisco, California.

IQ vs RUN — Head-to-Head

Bigger by revenue
RUN
RUN
1.2× larger
RUN
$1.2B
$971.6M
IQ

Income Statement — Q1 FY2026 vs Q4 FY2025

Metric
IQ
IQ
RUN
RUN
Revenue
$971.6M
$1.2B
Net Profit
$103.6M
Gross Margin
Operating Margin
0.8%
8.4%
Net Margin
8.9%
Revenue YoY
123.5%
Net Profit YoY
103.7%
EPS (diluted)
$0.38

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
RUN
RUN
Q1 26
$971.6M
Q4 25
$1.2B
Q3 25
$724.6M
Q2 25
$569.3M
Q1 25
$906.0M
$504.3M
Q4 24
$518.5M
Q3 24
$537.2M
Q2 24
$523.9M
Net Profit
IQ
IQ
RUN
RUN
Q1 26
Q4 25
$103.6M
Q3 25
$16.6M
Q2 25
$279.8M
Q1 25
$50.0M
Q4 24
$-2.8B
Q3 24
$-83.8M
Q2 24
$139.1M
Operating Margin
IQ
IQ
RUN
RUN
Q1 26
0.8%
Q4 25
8.4%
Q3 25
0.5%
Q2 25
-19.7%
Q1 25
4.3%
-22.8%
Q4 24
-628.0%
Q3 24
-23.8%
Q2 24
-24.4%
Net Margin
IQ
IQ
RUN
RUN
Q1 26
Q4 25
8.9%
Q3 25
2.3%
Q2 25
49.1%
Q1 25
9.9%
Q4 24
-542.7%
Q3 24
-15.6%
Q2 24
26.5%
EPS (diluted)
IQ
IQ
RUN
RUN
Q1 26
Q4 25
$0.38
Q3 25
$0.06
Q2 25
$1.07
Q1 25
$0.20
Q4 24
$-12.59
Q3 24
$-0.37
Q2 24
$0.55

Balance Sheet & Financial Strength

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

Metric
IQ
IQ
RUN
RUN
Cash + ST InvestmentsLiquidity on hand
$4.4M
Total DebtLower is stronger
$14.7B
Stockholders' EquityBook value
$13.3M
$3.1B
Total Assets
$46.7M
$22.6B
Debt / EquityLower = less leverage
4.69×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
IQ
IQ
RUN
RUN
Q1 26
$4.4M
Q4 25
Q3 25
Q2 25
Q1 25
$3.5M
Q4 24
Q3 24
Q2 24
Total Debt
IQ
IQ
RUN
RUN
Q1 26
Q4 25
$14.7B
Q3 25
$14.6B
Q2 25
$14.0B
Q1 25
$13.6B
Q4 24
$12.9B
Q3 24
$12.5B
Q2 24
$12.0B
Stockholders' Equity
IQ
IQ
RUN
RUN
Q1 26
$13.3M
Q4 25
$3.1B
Q3 25
$3.0B
Q2 25
$2.9B
Q1 25
$13.4M
$2.6B
Q4 24
$2.6B
Q3 24
$5.3B
Q2 24
$5.4B
Total Assets
IQ
IQ
RUN
RUN
Q1 26
$46.7M
Q4 25
$22.6B
Q3 25
$22.2B
Q2 25
$21.2B
Q1 25
$45.8M
$20.4B
Q4 24
$19.9B
Q3 24
$22.1B
Q2 24
$21.4B
Debt / Equity
IQ
IQ
RUN
RUN
Q1 26
Q4 25
4.69×
Q3 25
4.90×
Q2 25
4.80×
Q1 25
5.19×
Q4 24
5.05×
Q3 24
2.36×
Q2 24
2.23×

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
RUN
RUN
Operating Cash FlowLast quarter
$96.9M
Free Cash FlowOCF − Capex
FCF MarginFCF / Revenue
Capex IntensityCapex / Revenue
Cash ConversionOCF / Net Profit
0.94×
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
IQ
IQ
RUN
RUN
Q1 26
Q4 25
$96.9M
Q3 25
$-121.5M
Q2 25
$-292.7M
Q1 25
$-104.2M
Q4 24
$-258.4M
Q3 24
$-156.2M
Q2 24
$-208.5M
Free Cash Flow
IQ
IQ
RUN
RUN
Q1 26
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
$-156.4M
Q2 24
FCF Margin
IQ
IQ
RUN
RUN
Q1 26
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
-29.1%
Q2 24
Capex Intensity
IQ
IQ
RUN
RUN
Q1 26
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
0.0%
Q2 24
Cash Conversion
IQ
IQ
RUN
RUN
Q1 26
Q4 25
0.94×
Q3 25
-7.33×
Q2 25
-1.05×
Q1 25
-2.08×
Q4 24
Q3 24
Q2 24
-1.50×

Financial Flow Comparison

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

Revenue Breakdown by Segment

IQ
IQ

Segment breakdown not available.

RUN
RUN

Products$692.3M60%
Customer Agreements$435.2M38%
Manufactured Product Other$56.7M5%
Incentives$31.3M3%

Related Comparisons