v3.26.1
Other Assets (Detail)
¥ in Millions, $ in Millions
Dec. 31, 2025
CNY (¥)
Dec. 31, 2025
USD ($)
Dec. 31, 2024
CNY (¥)
Prepaid Expense and Other Assets [Abstract]      
Inventories ¥ 6,200 $ 887 ¥ 5,989
Advances to suppliers 5,180 741 3,048
VAT prepayments 3,215 460 2,262
Contract assets, net 1,904 272 2,353
Receivables from online payment agencies 1,144 164 1,033
Others 5,102 729 4,133
Total other current assets 22,745 3,253 18,818
Long-term advances to suppliers 17,997 2,574 8,870
Loan due from PAG [1] 4,474 640 3,814
Prepaid licensed copyrights 3,507 501 2,289
Others 1,577 226 1,842
Total other non-current assets ¥ 27,555 $ 3,941 ¥ 16,815
[1] In 2024, iQIYI entered into facility agreement with PAG and provided PAG loan facilities up to US$523 million in aggregate, with an interest rate of 6% per annum. In October 2025, iQIYI entered into another facility agreement with PAG which provided an additional loan facility of US$114 million, with an interest rate of 4.5% per annum. Both loans will due on the date which PAG and its affiliates cease to hold any portion of the iQIYI PAG Convertible Notes (Note 15).