---
title: "Update: IQIYI Shares Fall After Company Swings to Q1 Non-GAAP Loss, Revenue Falls"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/286809212.md"
description: "IQIYI shares fell 2.6% after the company reported a Q1 non-GAAP loss of 0.24 renminbi per share, down from earnings of 0.31 renminbi a year earlier. Revenue decreased to 6.23 billion renminbi from 7.19 billion renminbi, matching analyst expectations. The stock price is currently at 1.13, reflecting a change of -0.03."
datetime: "2026-05-18T18:59:00.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/286809212.md)
  - [en](https://longbridge.com/en/news/286809212.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/286809212.md)
---

# Update: IQIYI Shares Fall After Company Swings to Q1 Non-GAAP Loss, Revenue Falls

02:59 PM EDT, 05/18/2026 (MT Newswires) -- (Updates with the latest stock movement in the first paragraph and headline.)

IQIYI ( IQ ) shares were down 2.6% in Monday afternoon trading after the company swung to a Q1 non-GAAP loss and reported lower revenue.

The company reported a Q1 non-GAAP net loss Monday of 0.24 Chinese renminbi ($0.04) per diluted American depositary share, swinging from earnings of 0.31 renminbi a year earlier.

Analysts polled by FactSet expected a loss of 0.21 renminbi.

Revenue for the quarter ended March 31 was 6.23 billion renminbi, down from 7.19 billion renminbi a year earlier.

Analysts polled by FactSet expected 6.23 billion renminbi.

Price: 1.13, Change: -0.03, Percent Change: -2.59

MT Newswires does not provide investment advice. Unauthorized reproduction is strictly prohibited.

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