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Side-by-side financial comparison of iQIYI, Inc. (IQ) and TIC Solutions, Inc. (TIC). Click either name above to swap in a different company.
iQIYI, Inc. is the larger business by last-quarter revenue ($971.6M vs $508.3M, roughly 1.9× TIC Solutions, Inc.).
iQIYI, Inc.IQEarnings & Financial Report
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.
IQ vs TIC — Head-to-Head
Income Statement — Q1 FY2026 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $971.6M | $508.3M |
| Net Profit | — | $-47.2M |
| Gross Margin | — | 35.2% |
| Operating Margin | 0.8% | -3.8% |
| Net Margin | — | -9.3% |
| Revenue YoY | — | — |
| Net Profit YoY | — | — |
| 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.
| Q1 26 | $971.6M | — | ||
| Q4 25 | — | $508.3M | ||
| Q3 25 | — | $473.9M | ||
| Q2 25 | — | $313.9M | ||
| Q1 25 | $906.0M | $234.2M | ||
| Q1 24 | $1.1B | — | ||
| Q1 22 | $1.2B | — |
| Q1 26 | — | — | ||
| Q4 25 | — | $-47.2M | ||
| Q3 25 | — | $-13.9M | ||
| Q2 25 | — | $-233.0K | ||
| Q1 25 | — | $-25.8M | ||
| Q1 24 | — | — | ||
| Q1 22 | — | — |
| Q1 26 | — | — | ||
| Q4 25 | — | 35.2% | ||
| Q3 25 | — | 32.2% | ||
| Q2 25 | — | 23.6% | ||
| Q1 25 | — | 18.6% | ||
| Q1 24 | — | — | ||
| Q1 22 | — | — |
| Q1 26 | 0.8% | — | ||
| Q4 25 | — | -3.8% | ||
| Q3 25 | — | -1.4% | ||
| Q2 25 | — | 5.8% | ||
| Q1 25 | 4.3% | -4.0% | ||
| Q1 24 | 9.9% | — | ||
| Q1 22 | — | — |
| Q1 26 | — | — | ||
| Q4 25 | — | -9.3% | ||
| Q3 25 | — | -2.9% | ||
| Q2 25 | — | -0.1% | ||
| Q1 25 | — | -11.0% | ||
| Q1 24 | — | — | ||
| Q1 22 | — | — |
| Q1 26 | — | — | ||
| Q4 25 | — | — | ||
| Q3 25 | — | $-0.08 | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q1 24 | — | — | ||
| Q1 22 | — | — |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $4.4M | $439.5M |
| Total DebtLower is stronger | — | $1.6B |
| Stockholders' EquityBook value | $13.3M | $2.2B |
| Total Assets | $46.7M | $4.4B |
| Debt / EquityLower = less leverage | — | 0.74× |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | $4.4M | — | ||
| Q4 25 | — | $439.5M | ||
| Q3 25 | — | $164.4M | ||
| Q2 25 | — | $130.1M | ||
| Q1 25 | $3.5M | $155.7M | ||
| Q1 24 | $4.4M | — | ||
| Q1 22 | $3.0M | — |
| Q1 26 | — | — | ||
| Q4 25 | — | $1.6B | ||
| Q3 25 | — | $1.6B | ||
| Q2 25 | — | $751.3M | ||
| Q1 25 | — | $752.4M | ||
| Q1 24 | — | — | ||
| Q1 22 | — | — |
| Q1 26 | $13.3M | — | ||
| Q4 25 | — | $2.2B | ||
| Q3 25 | — | $2.0B | ||
| Q2 25 | — | $1.2B | ||
| Q1 25 | $13.4M | $1.1B | ||
| Q1 24 | $12.2M | — | ||
| Q1 22 | $5.3M | — |
| Q1 26 | $46.7M | — | ||
| Q4 25 | — | $4.4B | ||
| Q3 25 | — | $4.2B | ||
| Q2 25 | — | $2.2B | ||
| Q1 25 | $45.8M | $2.2B | ||
| Q1 24 | $44.6M | — | ||
| Q1 22 | $42.5M | — |
| Q1 26 | — | — | ||
| Q4 25 | — | 0.74× | ||
| Q3 25 | — | 0.83× | ||
| Q2 25 | — | 0.64× | ||
| Q1 25 | — | 0.67× | ||
| Q1 24 | — | — | ||
| Q1 22 | — | — |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | | |
|---|---|---|
| Operating Cash FlowLast quarter | — | $49.7M |
| Free Cash FlowOCF − Capex | — | $37.1M |
| FCF MarginFCF / Revenue | — | 7.3% |
| Capex IntensityCapex / Revenue | — | 2.5% |
| Cash ConversionOCF / Net Profit | — | — |
| TTM Free Cash FlowTrailing 4 quarters | — | $61.3M |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | — | ||
| Q4 25 | — | $49.7M | ||
| Q3 25 | — | $19.0M | ||
| Q2 25 | — | $-6.5M | ||
| Q1 25 | — | $32.8M | ||
| Q1 24 | — | — | ||
| Q1 22 | — | — |
| Q1 26 | — | — | ||
| Q4 25 | — | $37.1M | ||
| Q3 25 | — | $10.3M | ||
| Q2 25 | — | $-14.5M | ||
| Q1 25 | — | $28.3M | ||
| Q1 24 | — | — | ||
| Q1 22 | — | — |
| Q1 26 | — | — | ||
| Q4 25 | — | 7.3% | ||
| Q3 25 | — | 2.2% | ||
| Q2 25 | — | -4.6% | ||
| Q1 25 | — | 12.1% | ||
| Q1 24 | — | — | ||
| Q1 22 | — | — |
| Q1 26 | — | — | ||
| Q4 25 | — | 2.5% | ||
| Q3 25 | — | 1.8% | ||
| Q2 25 | — | 2.6% | ||
| Q1 25 | — | 1.9% | ||
| Q1 24 | — | — | ||
| Q1 22 | — | — |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
IQ
Segment breakdown not available.
TIC
| Consulting Engineering Segment | $300.1M | 59% |
| Geospatial Segment | $131.3M | 26% |
| Fixed Unit Price Contracts | $54.3M | 11% |
| Other | $22.6M | 4% |
