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

iQIYI, Inc. is the larger business by last-quarter revenue ($971.6M vs $718.6M, roughly 1.4× VinFast Auto Ltd.).

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.

VinFast Auto Ltd. is a Vietnamese multinational automotive company founded by Vingroup, one of the largest private conglomerates in Vietnam that was founded by Phạm Nhật Vượng.

IQ vs VFS — Head-to-Head

Bigger by revenue
IQ
IQ
1.4× larger
IQ
$971.6M
$718.6M
VFS

Income Statement — Q1 FY2026 vs Q3 FY2025

Metric
IQ
IQ
VFS
VFS
Revenue
$971.6M
$718.6M
Net Profit
$-20.0M
Gross Margin
Operating Margin
0.8%
-96.1%
Net Margin
-2.8%
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.

Revenue
IQ
IQ
VFS
VFS
Q1 26
$971.6M
Q3 25
$718.6M
Q2 25
$663.0M
Q1 25
$906.0M
$656.5M
Q3 24
$511.6M
Q1 24
$1.1B
$302.6M
Q1 22
$1.2B
Net Profit
IQ
IQ
VFS
VFS
Q1 26
Q3 25
$-20.0M
Q2 25
$-51.8M
Q1 25
$-26.1M
Q3 24
$-10.4M
Q1 24
$-618.3M
Q1 22
Operating Margin
IQ
IQ
VFS
VFS
Q1 26
0.8%
Q3 25
-96.1%
Q2 25
-79.0%
Q1 25
4.3%
-74.0%
Q3 24
-65.9%
Q1 24
9.9%
-139.4%
Q1 22
Net Margin
IQ
IQ
VFS
VFS
Q1 26
Q3 25
-2.8%
Q2 25
-7.8%
Q1 25
-4.0%
Q3 24
-2.0%
Q1 24
-204.3%
Q1 22

Balance Sheet & Financial Strength

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

Metric
IQ
IQ
VFS
VFS
Cash + ST InvestmentsLiquidity on hand
$4.4M
$8.8M
Total DebtLower is stronger
Stockholders' EquityBook value
$13.3M
Total Assets
$46.7M
$183.2M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
IQ
IQ
VFS
VFS
Q1 26
$4.4M
Q3 25
$8.8M
Q2 25
$650.0M
Q1 25
$3.5M
$2.4M
Q3 24
$1.9M
Q1 24
$4.4M
$3.0M
Q1 22
$3.0M
Stockholders' Equity
IQ
IQ
VFS
VFS
Q1 26
$13.3M
Q3 25
Q2 25
$-7.2B
Q1 25
$13.4M
Q3 24
Q1 24
$12.2M
Q1 22
$5.3M
Total Assets
IQ
IQ
VFS
VFS
Q1 26
$46.7M
Q3 25
$183.2M
Q2 25
$7.2B
Q1 25
$45.8M
$158.2M
Q3 24
$151.8M
Q1 24
$44.6M
$145.6M
Q1 22
$42.5M

Financial Flow Comparison

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

Revenue Breakdown by Segment

IQ
IQ

Segment breakdown not available.

VFS
VFS

Sales of vehicles$662.9M92%
Sales of spare parts and components$41.3M6%
Revenue from leasing activities$12.3M2%
Finance income$2.4M0%
Rendering of services$1.2M0%

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