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

Veralto is the larger business by last-quarter revenue ($1.4B vs $971.6M, roughly 1.5× iQIYI, 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.

Veralto Corporation is an American technology company headquartered in Waltham, Massachusetts. It produces products related to water analytics, water treatment, marking and coding, and packaging and color.

IQ vs VLTO — Head-to-Head

Bigger by revenue
VLTO
VLTO
1.5× larger
VLTO
$1.4B
$971.6M
IQ

Income Statement — Q1 FY2026 vs Q1 FY2026

Metric
IQ
IQ
VLTO
VLTO
Revenue
$971.6M
$1.4B
Net Profit
$254.0M
Gross Margin
60.1%
Operating Margin
0.8%
23.8%
Net Margin
17.9%
Revenue YoY
6.8%
Net Profit YoY
12.9%
EPS (diluted)
$1.02

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
VLTO
VLTO
Q1 26
$971.6M
$1.4B
Q4 25
$1.4B
Q3 25
$1.4B
Q2 25
$1.3B
Q1 25
$906.0M
Q4 24
$1.3B
Q3 24
$1.3B
Q2 24
$1.3B
Net Profit
IQ
IQ
VLTO
VLTO
Q1 26
$254.0M
Q4 25
$239.0M
Q3 25
$222.0M
Q2 25
$225.0M
Q1 25
Q4 24
$227.0M
Q3 24
$219.0M
Q2 24
$203.0M
Gross Margin
IQ
IQ
VLTO
VLTO
Q1 26
60.1%
Q4 25
60.1%
Q3 25
60.0%
Q2 25
60.4%
Q1 25
Q4 24
59.6%
Q3 24
59.6%
Q2 24
60.1%
Operating Margin
IQ
IQ
VLTO
VLTO
Q1 26
0.8%
23.8%
Q4 25
23.2%
Q3 25
22.8%
Q2 25
24.2%
Q1 25
4.3%
Q4 24
22.9%
Q3 24
23.4%
Q2 24
23.2%
Net Margin
IQ
IQ
VLTO
VLTO
Q1 26
17.9%
Q4 25
17.0%
Q3 25
16.2%
Q2 25
16.9%
Q1 25
Q4 24
16.9%
Q3 24
16.7%
Q2 24
15.8%
EPS (diluted)
IQ
IQ
VLTO
VLTO
Q1 26
$1.02
Q4 25
$0.95
Q3 25
$0.89
Q2 25
$0.90
Q1 25
Q4 24
$0.91
Q3 24
$0.88
Q2 24
$0.81

Balance Sheet & Financial Strength

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

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

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
IQ
IQ
VLTO
VLTO
Q1 26
$4.4M
Q4 25
$1.8B
Q3 25
$1.6B
Q2 25
$1.2B
Q1 25
$3.5M
Q4 24
$1.1B
Q3 24
$1.3B
Q2 24
$1.0B
Total Debt
IQ
IQ
VLTO
VLTO
Q1 26
Q4 25
$2.7B
Q3 25
$2.7B
Q2 25
$2.6B
Q1 25
Q4 24
$2.6B
Q3 24
$2.6B
Q2 24
$2.6B
Stockholders' Equity
IQ
IQ
VLTO
VLTO
Q1 26
$13.3M
Q4 25
$2.8B
Q3 25
$2.7B
Q2 25
$2.3B
Q1 25
$13.4M
Q4 24
$2.0B
Q3 24
$2.0B
Q2 24
$1.7B
Total Assets
IQ
IQ
VLTO
VLTO
Q1 26
$46.7M
Q4 25
$7.4B
Q3 25
$7.2B
Q2 25
$6.6B
Q1 25
$45.8M
Q4 24
$6.4B
Q3 24
$6.3B
Q2 24
$5.9B
Debt / Equity
IQ
IQ
VLTO
VLTO
Q1 26
Q4 25
0.94×
Q3 25
1.01×
Q2 25
1.14×
Q1 25
Q4 24
1.28×
Q3 24
1.35×
Q2 24
1.57×

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
VLTO
VLTO
Operating Cash FlowLast quarter
$182.0M
Free Cash FlowOCF − Capex
$170.0M
FCF MarginFCF / Revenue
12.0%
Capex IntensityCapex / Revenue
0.8%
Cash ConversionOCF / Net Profit
0.72×
TTM Free Cash FlowTrailing 4 quarters
$893.0M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
IQ
IQ
VLTO
VLTO
Q1 26
$182.0M
Q4 25
$270.0M
Q3 25
$339.0M
Q2 25
$157.0M
Q1 25
Q4 24
$285.0M
Q3 24
$224.0M
Q2 24
$251.0M
Free Cash Flow
IQ
IQ
VLTO
VLTO
Q1 26
$170.0M
Q4 25
$258.0M
Q3 25
$323.0M
Q2 25
$142.0M
Q1 25
Q4 24
$263.0M
Q3 24
$215.0M
Q2 24
$240.0M
FCF Margin
IQ
IQ
VLTO
VLTO
Q1 26
12.0%
Q4 25
18.4%
Q3 25
23.6%
Q2 25
10.7%
Q1 25
Q4 24
19.6%
Q3 24
16.4%
Q2 24
18.6%
Capex Intensity
IQ
IQ
VLTO
VLTO
Q1 26
0.8%
Q4 25
0.9%
Q3 25
1.2%
Q2 25
1.1%
Q1 25
Q4 24
1.6%
Q3 24
0.7%
Q2 24
0.9%
Cash Conversion
IQ
IQ
VLTO
VLTO
Q1 26
0.72×
Q4 25
1.13×
Q3 25
1.53×
Q2 25
0.70×
Q1 25
Q4 24
1.26×
Q3 24
1.02×
Q2 24
1.24×

Financial Flow Comparison

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

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