vs

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

iQIYI, Inc. is the larger business by last-quarter revenue ($971.6M vs $814.9M, roughly 1.2× Ubiquiti 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.

Ubiquiti Inc. is an American technology company founded in San Jose, California, in 2003. Now based in New York City, Ubiquiti manufactures and sells wireless data communication and wired products for enterprises and homes under multiple brand names. On October 13, 2011, Ubiquiti had its initial public offering (IPO) at 7.04 million shares, at $15 per share, raising $30.5 million.

IQ vs UI — Head-to-Head

Bigger by revenue
IQ
IQ
1.2× larger
IQ
$971.6M
$814.9M
UI

Income Statement — Q1 FY2026 vs Q2 FY2026

Metric
IQ
IQ
UI
UI
Revenue
$971.6M
$814.9M
Net Profit
$233.6M
Gross Margin
45.9%
Operating Margin
0.8%
35.9%
Net Margin
28.7%
Revenue YoY
35.8%
Net Profit YoY
70.8%
EPS (diluted)
$3.86

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
UI
UI
Q1 26
$971.6M
Q4 25
$814.9M
Q3 25
$733.8M
Q2 25
$759.2M
Q1 25
$906.0M
$664.2M
Q4 24
$599.9M
Q3 24
$550.3M
Q2 24
$507.5M
Net Profit
IQ
IQ
UI
UI
Q1 26
Q4 25
$233.6M
Q3 25
$207.9M
Q2 25
$266.7M
Q1 25
$180.4M
Q4 24
$136.8M
Q3 24
$128.0M
Q2 24
$103.8M
Gross Margin
IQ
IQ
UI
UI
Q1 26
Q4 25
45.9%
Q3 25
46.0%
Q2 25
45.1%
Q1 25
44.5%
Q4 24
41.2%
Q3 24
42.1%
Q2 24
40.2%
Operating Margin
IQ
IQ
UI
UI
Q1 26
0.8%
Q4 25
35.9%
Q3 25
35.7%
Q2 25
34.4%
Q1 25
4.3%
34.2%
Q4 24
29.8%
Q3 24
30.7%
Q2 24
27.3%
Net Margin
IQ
IQ
UI
UI
Q1 26
Q4 25
28.7%
Q3 25
28.3%
Q2 25
35.1%
Q1 25
27.2%
Q4 24
22.8%
Q3 24
23.3%
Q2 24
20.5%
EPS (diluted)
IQ
IQ
UI
UI
Q1 26
Q4 25
$3.86
Q3 25
$3.43
Q2 25
$4.40
Q1 25
$2.98
Q4 24
$2.26
Q3 24
$2.12
Q2 24
$1.72

Balance Sheet & Financial Strength

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

Metric
IQ
IQ
UI
UI
Cash + ST InvestmentsLiquidity on hand
$4.4M
$302.8M
Total DebtLower is stronger
$47.5M
Stockholders' EquityBook value
$13.3M
$1.0B
Total Assets
$46.7M
$1.6B
Debt / EquityLower = less leverage
0.05×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
IQ
IQ
UI
UI
Q1 26
$4.4M
Q4 25
$302.8M
Q3 25
$177.2M
Q2 25
$149.7M
Q1 25
$3.5M
$151.0M
Q4 24
$133.1M
Q3 24
$165.2M
Q2 24
$126.3M
Total Debt
IQ
IQ
UI
UI
Q1 26
Q4 25
$47.5M
Q3 25
$133.8M
Q2 25
$250.0M
Q1 25
$340.0M
Q4 24
$406.3M
Q3 24
$552.5M
Q2 24
$708.1M
Stockholders' Equity
IQ
IQ
UI
UI
Q1 26
$13.3M
Q4 25
$1.0B
Q3 25
$828.4M
Q2 25
$668.3M
Q1 25
$13.4M
$436.1M
Q4 24
$290.4M
Q3 24
$188.1M
Q2 24
$95.1M
Total Assets
IQ
IQ
UI
UI
Q1 26
$46.7M
Q4 25
$1.6B
Q3 25
$1.5B
Q2 25
$1.5B
Q1 25
$45.8M
$1.3B
Q4 24
$1.2B
Q3 24
$1.2B
Q2 24
$1.2B
Debt / Equity
IQ
IQ
UI
UI
Q1 26
Q4 25
0.05×
Q3 25
0.16×
Q2 25
0.37×
Q1 25
0.78×
Q4 24
1.40×
Q3 24
2.94×
Q2 24
7.45×

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
UI
UI
Operating Cash FlowLast quarter
$263.9M
Free Cash FlowOCF − Capex
$260.3M
FCF MarginFCF / Revenue
31.9%
Capex IntensityCapex / Revenue
0.4%
Cash ConversionOCF / Net Profit
1.13×
TTM Free Cash FlowTrailing 4 quarters
$699.5M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
IQ
IQ
UI
UI
Q1 26
Q4 25
$263.9M
Q3 25
$198.5M
Q2 25
$130.4M
Q1 25
$123.6M
Q4 24
$152.4M
Q3 24
$233.7M
Q2 24
$231.4M
Free Cash Flow
IQ
IQ
UI
UI
Q1 26
Q4 25
$260.3M
Q3 25
$193.3M
Q2 25
$125.2M
Q1 25
$120.7M
Q4 24
$150.4M
Q3 24
$231.1M
Q2 24
$229.5M
FCF Margin
IQ
IQ
UI
UI
Q1 26
Q4 25
31.9%
Q3 25
26.3%
Q2 25
16.5%
Q1 25
18.2%
Q4 24
25.1%
Q3 24
42.0%
Q2 24
45.2%
Capex Intensity
IQ
IQ
UI
UI
Q1 26
Q4 25
0.4%
Q3 25
0.7%
Q2 25
0.7%
Q1 25
0.4%
Q4 24
0.3%
Q3 24
0.5%
Q2 24
0.4%
Cash Conversion
IQ
IQ
UI
UI
Q1 26
Q4 25
1.13×
Q3 25
0.95×
Q2 25
0.49×
Q1 25
0.68×
Q4 24
1.11×
Q3 24
1.83×
Q2 24
2.23×

Financial Flow Comparison

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

Revenue Breakdown by Segment

IQ
IQ

Segment breakdown not available.

UI
UI

Enterprise Technology$729.0M89%
Service Provider Technology$85.9M11%

Related Comparisons