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

iQIYI, Inc. is the larger business by last-quarter revenue ($971.6M vs $662.6M, roughly 1.5× Trinseo PLC).

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.

Trinseo is a company focusing particularly on the manufacture of plastics and latex binders. Trinseo was part of the Dow Chemical Company until Dow grouped several of its businesses for potential sale in 2009. In 2010, under the name Styron, those holdings were sold to private equity firm Bain Capital for $1.63 billion. As of 2016, Bain sold all of its stock in Trinseo, grossing $1.69 billion for 37,269,567 shares, resulting in Trinseo's “full independence as a public company.”

IQ vs TSE — Head-to-Head

Bigger by revenue
IQ
IQ
1.5× larger
IQ
$971.6M
$662.6M
TSE

Income Statement — Q1 FY2026 vs Q4 FY2025

Metric
IQ
IQ
TSE
TSE
Revenue
$971.6M
$662.6M
Net Profit
$-251.4M
Gross Margin
4.2%
Operating Margin
0.8%
-24.7%
Net Margin
-37.9%
Revenue YoY
-19.3%
Net Profit YoY
-113.2%
EPS (diluted)
$-7.02

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
TSE
TSE
Q1 26
$971.6M
Q4 25
$662.6M
Q3 25
$743.2M
Q2 25
$784.3M
Q1 25
$906.0M
$784.8M
Q4 24
$821.5M
Q3 24
$867.7M
Q2 24
$920.0M
Net Profit
IQ
IQ
TSE
TSE
Q1 26
Q4 25
$-251.4M
Q3 25
$-109.7M
Q2 25
$-105.5M
Q1 25
$-79.0M
Q4 24
$-117.9M
Q3 24
$-87.3M
Q2 24
$-67.8M
Gross Margin
IQ
IQ
TSE
TSE
Q1 26
Q4 25
4.2%
Q3 25
5.0%
Q2 25
4.7%
Q1 25
8.1%
Q4 24
6.8%
Q3 24
9.3%
Q2 24
7.4%
Operating Margin
IQ
IQ
TSE
TSE
Q1 26
0.8%
Q4 25
-24.7%
Q3 25
-3.8%
Q2 25
-4.2%
Q1 25
4.3%
-3.7%
Q4 24
-5.4%
Q3 24
-1.4%
Q2 24
1.5%
Net Margin
IQ
IQ
TSE
TSE
Q1 26
Q4 25
-37.9%
Q3 25
-14.8%
Q2 25
-13.5%
Q1 25
-10.1%
Q4 24
-14.4%
Q3 24
-10.1%
Q2 24
-7.4%
EPS (diluted)
IQ
IQ
TSE
TSE
Q1 26
Q4 25
$-7.02
Q3 25
$-3.05
Q2 25
$-2.95
Q1 25
$-2.22
Q4 24
$-3.33
Q3 24
$-2.47
Q2 24
$-1.92

Balance Sheet & Financial Strength

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

Metric
IQ
IQ
TSE
TSE
Cash + ST InvestmentsLiquidity on hand
$4.4M
$146.7M
Total DebtLower is stronger
$2.5B
Stockholders' EquityBook value
$13.3M
$-1.1B
Total Assets
$46.7M
$2.3B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
IQ
IQ
TSE
TSE
Q1 26
$4.4M
Q4 25
$146.7M
Q3 25
$112.1M
Q2 25
$137.0M
Q1 25
$3.5M
$126.1M
Q4 24
$209.8M
Q3 24
$165.3M
Q2 24
$105.6M
Total Debt
IQ
IQ
TSE
TSE
Q1 26
Q4 25
$2.5B
Q3 25
$2.5B
Q2 25
$2.5B
Q1 25
$2.5B
Q4 24
$2.4B
Q3 24
$2.4B
Q2 24
$2.3B
Stockholders' Equity
IQ
IQ
TSE
TSE
Q1 26
$13.3M
Q4 25
$-1.1B
Q3 25
$-861.6M
Q2 25
$-750.3M
Q1 25
$13.4M
$-679.2M
Q4 24
$-619.9M
Q3 24
$-480.0M
Q2 24
$-413.8M
Total Assets
IQ
IQ
TSE
TSE
Q1 26
$46.7M
Q4 25
$2.3B
Q3 25
$2.5B
Q2 25
$2.6B
Q1 25
$45.8M
$2.7B
Q4 24
$2.6B
Q3 24
$2.9B
Q2 24
$2.8B

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
TSE
TSE
Operating Cash FlowLast quarter
$22.6M
Free Cash FlowOCF − Capex
$6.6M
FCF MarginFCF / Revenue
1.0%
Capex IntensityCapex / Revenue
2.4%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$-153.4M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
IQ
IQ
TSE
TSE
Q1 26
Q4 25
$22.6M
Q3 25
$-21.6M
Q2 25
$6.8M
Q1 25
$-110.2M
Q4 24
$85.1M
Q3 24
$8.8M
Q2 24
$-41.9M
Free Cash Flow
IQ
IQ
TSE
TSE
Q1 26
Q4 25
$6.6M
Q3 25
$-38.1M
Q2 25
$-3.0M
Q1 25
$-118.9M
Q4 24
$63.9M
Q3 24
$-3.4M
Q2 24
$-56.1M
FCF Margin
IQ
IQ
TSE
TSE
Q1 26
Q4 25
1.0%
Q3 25
-5.1%
Q2 25
-0.4%
Q1 25
-15.2%
Q4 24
7.8%
Q3 24
-0.4%
Q2 24
-6.1%
Capex Intensity
IQ
IQ
TSE
TSE
Q1 26
Q4 25
2.4%
Q3 25
2.2%
Q2 25
1.2%
Q1 25
1.1%
Q4 24
2.6%
Q3 24
1.4%
Q2 24
1.5%

Financial Flow Comparison

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

Revenue Breakdown by Segment

IQ
IQ

Segment breakdown not available.

TSE
TSE

Other$325.2M49%
Asia Pacific$142.2M21%
Engineered Materials$105.0M16%
Latex$59.9M9%
Polymer Solutions$30.3M5%

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