vs

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

iQIYI, Inc. is the larger business by last-quarter revenue ($971.6M vs $762.2M, roughly 1.3× SPIRE 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.

Spire Inc. is a regional public utility holding company based in St. Louis, Missouri, providing natural gas service through its regulated core utility operations while engaging in non-regulated activities that provide business opportunities. Its primary subsidiary Laclede Gas Company is the largest natural gas distribution utility in Missouri, serving approximately 631,000 residential, commercial and industrial customers in the City of St. Louis and ten counties in eastern Missouri. Its corpo...

IQ vs SR — Head-to-Head

Bigger by revenue
IQ
IQ
1.3× larger
IQ
$971.6M
$762.2M
SR

Income Statement — Q1 FY2026 vs Q1 FY2026

Metric
IQ
IQ
SR
SR
Revenue
$971.6M
$762.2M
Net Profit
$95.0M
Gross Margin
55.1%
Operating Margin
0.8%
22.8%
Net Margin
12.5%
Revenue YoY
13.9%
Net Profit YoY
16.9%
EPS (diluted)
$1.54

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
SR
SR
Q1 26
$971.6M
Q4 25
$762.2M
Q3 25
$334.1M
Q2 25
$421.9M
Q1 25
$906.0M
$1.1B
Q4 24
$669.1M
Q3 24
$293.8M
Q2 24
$414.1M
Net Profit
IQ
IQ
SR
SR
Q1 26
Q4 25
$95.0M
Q3 25
$-39.8M
Q2 25
$20.9M
Q1 25
$209.3M
Q4 24
$81.3M
Q3 24
$-25.9M
Q2 24
$-12.6M
Gross Margin
IQ
IQ
SR
SR
Q1 26
Q4 25
55.1%
Q3 25
Q2 25
Q1 25
Q4 24
55.6%
Q3 24
Q2 24
Operating Margin
IQ
IQ
SR
SR
Q1 26
0.8%
Q4 25
22.8%
Q3 25
-0.1%
Q2 25
16.4%
Q1 25
4.3%
29.1%
Q4 24
22.2%
Q3 24
6.7%
Q2 24
7.4%
Net Margin
IQ
IQ
SR
SR
Q1 26
Q4 25
12.5%
Q3 25
-11.9%
Q2 25
5.0%
Q1 25
19.9%
Q4 24
12.2%
Q3 24
-8.8%
Q2 24
-3.0%
EPS (diluted)
IQ
IQ
SR
SR
Q1 26
Q4 25
$1.54
Q3 25
$-0.77
Q2 25
$0.29
Q1 25
$3.51
Q4 24
$1.34
Q3 24
$-0.63
Q2 24
$-0.28

Balance Sheet & Financial Strength

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

Metric
IQ
IQ
SR
SR
Cash + ST InvestmentsLiquidity on hand
$4.4M
$4.1M
Total DebtLower is stronger
Stockholders' EquityBook value
$13.3M
$3.4B
Total Assets
$46.7M
$11.9B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
IQ
IQ
SR
SR
Q1 26
$4.4M
Q4 25
$4.1M
Q3 25
$5.7M
Q2 25
$13.1M
Q1 25
$3.5M
$15.2M
Q4 24
$11.5M
Q3 24
$4.5M
Q2 24
$7.4M
Stockholders' Equity
IQ
IQ
SR
SR
Q1 26
$13.3M
Q4 25
$3.4B
Q3 25
$3.4B
Q2 25
$3.5B
Q1 25
$13.4M
$3.5B
Q4 24
$3.3B
Q3 24
$3.2B
Q2 24
$3.3B
Total Assets
IQ
IQ
SR
SR
Q1 26
$46.7M
Q4 25
$11.9B
Q3 25
$11.6B
Q2 25
$11.4B
Q1 25
$45.8M
$11.3B
Q4 24
$11.3B
Q3 24
$10.9B
Q2 24
$10.7B

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
SR
SR
Operating Cash FlowLast quarter
$81.0M
Free Cash FlowOCF − Capex
$-121.8M
FCF MarginFCF / Revenue
-16.0%
Capex IntensityCapex / Revenue
26.6%
Cash ConversionOCF / Net Profit
0.85×
TTM Free Cash FlowTrailing 4 quarters
$-286.7M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
IQ
IQ
SR
SR
Q1 26
Q4 25
$81.0M
Q3 25
$-4.9M
Q2 25
$129.1M
Q1 25
$372.7M
Q4 24
$81.1M
Q3 24
$82.9M
Q2 24
$270.1M
Free Cash Flow
IQ
IQ
SR
SR
Q1 26
Q4 25
$-121.8M
Q3 25
$-227.6M
Q2 25
$-91.4M
Q1 25
$154.1M
Q4 24
$-179.5M
Q3 24
$-146.9M
Q2 24
$47.9M
FCF Margin
IQ
IQ
SR
SR
Q1 26
Q4 25
-16.0%
Q3 25
-68.1%
Q2 25
-21.7%
Q1 25
14.7%
Q4 24
-26.8%
Q3 24
-50.0%
Q2 24
11.6%
Capex Intensity
IQ
IQ
SR
SR
Q1 26
Q4 25
26.6%
Q3 25
66.7%
Q2 25
52.3%
Q1 25
20.8%
Q4 24
38.9%
Q3 24
78.2%
Q2 24
53.7%
Cash Conversion
IQ
IQ
SR
SR
Q1 26
Q4 25
0.85×
Q3 25
Q2 25
6.18×
Q1 25
1.78×
Q4 24
1.00×
Q3 24
Q2 24

Financial Flow Comparison

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

Revenue Breakdown by Segment

IQ
IQ

Segment breakdown not available.

SR
SR

Residential$474.9M62%
Commercial And Industrial$148.4M19%
Gas Marketing$41.1M5%
Midstream$39.0M5%
Transportation$37.1M5%
Offsystem And Other Inventive$19.7M3%
Other Customer Revenue$4.6M1%

Related Comparisons