Form Video Industry Growth Logic Transformation in the AI Era
iQIYI reported Q2 2026 revenue of RMB 6.29 billion, with membership and advertising services contributing RMB 4.01 billion and RMB 1.25 billion, respectively. Non-GAAP operating loss narrowed. Key highlights include positive operating cash flow, 56% YoY growth in content distribution revenue, AI business progress, and 40% YoY growth in overseas membership revenue. The company is undergoing strategic transformation, focusing on AI and decentralization.





