Bilibili Inc. (BILI)

NASDAQ: BILI · Real-Time Price · USD

16.60

-0.17 (-1.01%)

At close: Aug 28, 2026, 4:00 PM EDT

16.65

+0.05 (0.28%)

After-hours: Aug 28, 2026, 7:53 PM 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	Jun '26 Jun 30, 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	31,419	30,348	26,832	22,528	21,899	19,384
Revenue Growth	6.94%	13.11%	19.10%	2.87%	12.98%	61.54%
Gross Profit	11,627	11,114	8,774	5,442	3,849	4,043
Operating Income	1,397	1,124	-1,344	-5,064	-8,358	-6,429
Net Income	1,537	1,194	-1,347	-4,822	-7,497	-6,789
Earnings Per Share	3.45	2.74	-3.23	-11.67	-18.99	-17.87
EPS Growth	559.92%	-	-	-	-	-

Cash & Debt

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 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	24,300	24,324	16,683	15,117	19,595	30,323
Total Debt	9,514	9,820	5,051	7,645	15,543	19,223
Net Cash (Debt)	14,785	14,504	11,632	7,472	4,052	11,100
Net Cash Growth	18.60%	24.69%	55.68%	84.39%	-63.49%	163.29%
Net Cash Per Share	32.39	32.66	27.93	18.08	10.26	29.22

Cash Flow & CapEx

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 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
Operating Cash Flow	-	7,147	6,015	266.62	-3,911	-2,647
Capital Expenditures	-	-512.86	-465.37	-181.9	-760.43	-965.41
Free Cash Flow	-	6,634	5,549	84.73	-4,672	-3,612
Free Cash Flow Growth	-	19.55%	6450.00%	-	-	-

Margins

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 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	37.01%	36.62%	32.70%	24.16%	17.58%	20.86%
Operating Margin	4.45%	3.71%	-5.01%	-22.48%	-38.17%	-33.17%
Pretax Margin	4.95%	3.98%	-5.22%	-21.01%	-33.81%	-34.63%
Profit Margin	4.89%	3.93%	-5.02%	-21.41%	-34.23%	-35.02%
FCF Margin	-	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 30, 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	32.70	59.63	-	-	-	-
Forward PE	29.02	52.04	63.15	-	-	-
P/FCF Ratio	7.05	10.73	9.90	419.76	-	-
PS Ratio	1.50	2.35	2.05	1.58	2.94	5.85