Bilibili Inc. (BILI)

NASDAQ: BILI · Real-Time Price · USD

18.65

+0.07 (0.38%)

At close: Aug 6, 2026, 4:00 PM EDT

18.46

-0.19 (-1.02%)

Pre-market: Aug 7, 2026, 7:05 AM EDT

Bilibili Financials Overview

Financials in millions CNY. Fiscal year is January - December.

Millions CNY. Fiscal year is Jan - Dec.

Revenue & Profits

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Revenue	30,817	30,348	26,832	22,528	21,899	19,384
Revenue Growth	9.39%	13.11%	19.10%	2.87%	12.98%	61.54%
Gross Profit	11,348	11,114	8,774	5,442	3,849	4,043
Operating Income	1,276	1,124	-1,344	-5,064	-8,358	-6,429
Net Income	1,412	1,194	-1,347	-4,822	-7,497	-6,789
Earnings Per Share	3.18	2.74	-3.23	-11.67	-18.99	-17.87
EPS Growth	-	-	-	-	-	-

Cash & Debt

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Cash & Investments	24,194	24,153	16,544	15,040	19,564	30,216
Total Debt	9,566	9,637	4,836	7,456	15,305	19,016
Net Cash (Debt)	14,628	14,516	11,708	7,583	4,259	11,200
Net Cash Growth	18.78%	23.98%	54.40%	78.04%	-61.97%	159.59%
Net Cash Per Share	32.34	32.69	28.11	18.35	10.79	29.48

Cash Flow & CapEx

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Operating Cash Flow	7,147	7,147	6,015	266.62	-3,911	-2,647
Capital Expenditures	-512.86	-512.86	-465.37	-181.9	-760.43	-965.41
Free Cash Flow	6,634	6,634	5,549	84.73	-4,672	-3,612
Free Cash Flow Growth	19.55%	19.55%	6450.00%	-	-	-

Margins

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Gross Margin	36.83%	36.62%	32.70%	24.16%	17.58%	20.86%
Operating Margin	4.14%	3.71%	-5.01%	-22.48%	-38.17%	-33.17%
Pretax Margin	4.64%	3.98%	-5.22%	-21.01%	-33.81%	-34.63%
Profit Margin	4.55%	3.92%	-5.08%	-21.36%	-34.28%	-35.13%
FCF Margin	0.00%	21.86%	20.68%	0.38%	-21.33%	-18.64%

Valuation

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Aug '26 Aug 7, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
PE Ratio	40.44	62.79	-	-	-	-
Forward PE	28.15	52.04	63.15	-	-	-
P/FCF Ratio	7.94	10.75	9.92	419.07	-	-
PS Ratio	1.75	2.35	2.05	1.58	2.92	5.94