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

iQIYI, Inc. is the larger business by last-quarter revenue ($971.6M vs $790.2M, roughly 1.2× UNITED THERAPEUTICS Corp).

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.

United Therapeutics Corporation is an American biotechnology company that develops pharmaceuticals and technologies related to organ transplantation, including xenotransplantation. Many of the company's products are focused towards lung disease and organ manufacturing. United Therapeutics is co-headquartered in Silver Spring, Maryland and Research Triangle Park, North Carolina, with additional facilities in Magog and Bromont, Quebec; Melbourne and Jacksonville, Florida; Blacksburg, Virginia; ...

IQ vs UTHR — Head-to-Head

Bigger by revenue
IQ
IQ
1.2× larger
IQ
$971.6M
$790.2M
UTHR

Income Statement — Q1 FY2026 vs Q4 FY2025

Metric
IQ
IQ
UTHR
UTHR
Revenue
$971.6M
$790.2M
Net Profit
$364.3M
Gross Margin
86.9%
Operating Margin
0.8%
45.1%
Net Margin
46.1%
Revenue YoY
7.4%
Net Profit YoY
20.9%
EPS (diluted)
$7.66

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
UTHR
UTHR
Q1 26
$971.6M
Q4 25
$790.2M
Q3 25
$799.5M
Q2 25
$798.6M
Q1 25
$906.0M
$794.4M
Q4 24
$735.9M
Q3 24
$748.9M
Q2 24
$714.9M
Net Profit
IQ
IQ
UTHR
UTHR
Q1 26
Q4 25
$364.3M
Q3 25
$338.7M
Q2 25
$309.5M
Q1 25
$322.2M
Q4 24
$301.3M
Q3 24
$309.1M
Q2 24
$278.1M
Gross Margin
IQ
IQ
UTHR
UTHR
Q1 26
Q4 25
86.9%
Q3 25
87.4%
Q2 25
89.0%
Q1 25
88.4%
Q4 24
89.7%
Q3 24
88.9%
Q2 24
89.1%
Operating Margin
IQ
IQ
UTHR
UTHR
Q1 26
0.8%
Q4 25
45.1%
Q3 25
48.6%
Q2 25
45.6%
Q1 25
4.3%
48.2%
Q4 24
48.6%
Q3 24
45.8%
Q2 24
44.7%
Net Margin
IQ
IQ
UTHR
UTHR
Q1 26
Q4 25
46.1%
Q3 25
42.4%
Q2 25
38.8%
Q1 25
40.6%
Q4 24
40.9%
Q3 24
41.3%
Q2 24
38.9%
EPS (diluted)
IQ
IQ
UTHR
UTHR
Q1 26
Q4 25
$7.66
Q3 25
$7.16
Q2 25
$6.41
Q1 25
$6.63
Q4 24
$6.23
Q3 24
$6.39
Q2 24
$5.85

Balance Sheet & Financial Strength

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

Metric
IQ
IQ
UTHR
UTHR
Cash + ST InvestmentsLiquidity on hand
$4.4M
$2.9B
Total DebtLower is stronger
Stockholders' EquityBook value
$13.3M
$7.1B
Total Assets
$46.7M
$7.9B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
IQ
IQ
UTHR
UTHR
Q1 26
$4.4M
Q4 25
$2.9B
Q3 25
$2.8B
Q2 25
$3.0B
Q1 25
$3.5M
$3.3B
Q4 24
$3.3B
Q3 24
$3.3B
Q2 24
$3.0B
Stockholders' Equity
IQ
IQ
UTHR
UTHR
Q1 26
$13.3M
Q4 25
$7.1B
Q3 25
$6.6B
Q2 25
$7.2B
Q1 25
$13.4M
$6.8B
Q4 24
$6.4B
Q3 24
$6.1B
Q2 24
$5.7B
Total Assets
IQ
IQ
UTHR
UTHR
Q1 26
$46.7M
Q4 25
$7.9B
Q3 25
$7.4B
Q2 25
$7.9B
Q1 25
$45.8M
$7.7B
Q4 24
$7.4B
Q3 24
$7.1B
Q2 24
$6.7B

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
UTHR
UTHR
Operating Cash FlowLast quarter
$346.2M
Free Cash FlowOCF − Capex
$173.3M
FCF MarginFCF / Revenue
21.9%
Capex IntensityCapex / Revenue
21.9%
Cash ConversionOCF / Net Profit
0.95×
TTM Free Cash FlowTrailing 4 quarters
$1.0B

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
IQ
IQ
UTHR
UTHR
Q1 26
Q4 25
$346.2M
Q3 25
$562.1M
Q2 25
$191.7M
Q1 25
$461.2M
Q4 24
$341.2M
Q3 24
$377.2M
Q2 24
$232.2M
Free Cash Flow
IQ
IQ
UTHR
UTHR
Q1 26
Q4 25
$173.3M
Q3 25
$351.6M
Q2 25
$129.5M
Q1 25
$386.3M
Q4 24
$254.5M
Q3 24
$300.7M
Q2 24
$187.1M
FCF Margin
IQ
IQ
UTHR
UTHR
Q1 26
Q4 25
21.9%
Q3 25
44.0%
Q2 25
16.2%
Q1 25
48.6%
Q4 24
34.6%
Q3 24
40.2%
Q2 24
26.2%
Capex Intensity
IQ
IQ
UTHR
UTHR
Q1 26
Q4 25
21.9%
Q3 25
26.3%
Q2 25
7.8%
Q1 25
9.4%
Q4 24
11.8%
Q3 24
10.2%
Q2 24
6.3%
Cash Conversion
IQ
IQ
UTHR
UTHR
Q1 26
Q4 25
0.95×
Q3 25
1.66×
Q2 25
0.62×
Q1 25
1.43×
Q4 24
1.13×
Q3 24
1.22×
Q2 24
0.83×

Financial Flow Comparison

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

Revenue Breakdown by Segment

IQ
IQ

Segment breakdown not available.

UTHR
UTHR

Tyvaso DPI$338.6M43%
Remodulin$128.0M16%
Nebulized Tyvaso$125.7M16%
Orenitram$121.2M15%
Unituxin$62.3M8%
Adcirca$7.8M1%
Other$6.6M1%

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