NASDAQ · BILI
Bilibili financials
$14.84−1.98%
Close Sep 29, 2026 · split-adjustedRevenue
Net income
Income statement & cash flow
| Fiscal year | FY25 Dec 31 | FY24 Dec 31 | FY23 Dec 31 | FY22 Dec 31 | FY21 Dec 31 | FY20 Dec 31 | FY19 Dec 31 | FY18 Dec 31 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $4.34B | $3.68B | $3.18B | $3.17B | $3.05B | $1.84B | $973.6M | $610.5M |
| Gross profit | $1.59B | $1.20B | $768.8M | $558.0M | $636.1M | $435.3M | $171.0M | $134.4M |
| Gross margin | 36.6% | 32.7% | 24.2% | 17.6% | 20.9% | 23.7% | 17.6% | 22.0% |
| Operating income | $160.7M | -$184.1M | -$715.4M | -$1.21B | -$1.01B | -$481.4M | -$214.8M | -$96.0M |
| Net income | $170.6M | -$184.5M | -$681.3M | -$1.09B | -$1.07B | -$461.6M | -$185.1M | -$89.6M |
| Net margin | 3.9% | −5.0% | −21.4% | −34.2% | −35.0% | −25.1% | −19.0% | −14.7% |
| Diluted EPS | $0.39 | $-0.44 | $-1.65 | $-2.75 | $-2.81 | $-1.33 | $-0.57 | $-0.38 |
| EBITDA | $450.3M | $134.6M | -$329.7M | -$727.9M | -$601.9M | -$217.5M | -$57.1M | -$2.6M |
| Operating cash flow | $1.02B | $824.1M | $37.7M | -$567.0M | -$416.5M | $115.4M | $27.9M | $107.2M |
| Free cash flow | $948.2M | $760.3M | $12.0M | -$677.3M | -$568.4M | $23.1M | -$14.6M | $64.5M |
| Diluted shares | 444.0M | 416.5M | 413.2M | 394.9M | 379.9M | 345.8M | 323.2M | 233.0M |
Balance sheet
| Period end | Dec 31 | Dec 31 | Dec 31 | Dec 31 | Dec 31 | Dec 31 |
|---|---|---|---|---|---|---|
| Cash & equivalents | $1.74B | $1.40B | $1.02B | $1.47B | $1.18B | $717.0M |
| Short-term investments | $921.5M | $370.8M | $374.8M | $670.3M | $3.56B | $1.24B |
| Total debt | $1.38B | $662.5M | $1.05B | $2.22B | $2.98B | $1.29B |
| Total assets | $5.88B | $4.48B | $4.68B | $6.06B | $8.17B | $3.66B |
| Total liabilities | $3.66B | $2.55B | $2.65B | $3.85B | $4.76B | $2.46B |
| Shareholders' equity | $2.22B | $1.93B | $2.03B | $2.21B | $3.41B | $1.19B |
From SEC filings via Massive. Fiscal periods follow the company's own calendar; free cash flow is operating cash flow minus capital expenditure.
Sources: Massive / Polygon daily aggregates (split-adjusted) · SEC filings via Massive · FINRA settlements via Massive · Financial Modeling Prep. Figures are dated where shown; research is informational, not investment advice. Methodology