Bilibili Inc. (BILI)
NASDAQ: BILI · Real-Time Price · USD
18.30
-1.70 (-8.50%)
At close: May 20, 2026, 4:00 PM EDT
17.73
-0.57 (-3.11%)
Pre-market: May 21, 2026, 9:05 AM EDT
Bilibili Cash Flow Statement
Financials in millions CNY. Fiscal year is January - December.
Millions CNY. Fiscal year is Jan - Dec.
Fiscal Quarter | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 | Q2 2022 | Q1 2022 | Q4 2021 | Q4 2020 | Q4 2017 | Q4 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Period Ending | Dec '25 Dec 31, 2025 | Sep '25 Sep 30, 2025 | Jun '25 Jun 30, 2025 | Mar '25 Mar 31, 2025 | Dec '24 Dec 31, 2024 | Sep '24 Sep 30, 2024 | Jun '24 Jun 30, 2024 | Mar '24 Mar 31, 2024 | Dec '23 Dec 31, 2023 | Sep '23 Sep 30, 2023 | Jun '23 Jun 30, 2023 | Mar '23 Mar 31, 2023 | Dec '22 Dec 31, 2022 | Sep '22 Sep 30, 2022 | Jun '22 Jun 30, 2022 | Mar '22 Mar 31, 2022 | Dec '21 Dec 31, 2021 | Dec '20 Dec 31, 2020 | Dec '17 Dec 31, 2017 | Dec '16 Dec 31, 2016 |
Net Income | 491.67 | 491.67 | 103.8 | 103.8 | 4.56 | 4.56 | -686.39 | -686.39 | -1,317 | -1,317 | -1,089 | -1,089 | -1,497 | -1,716 | -2,147 | -2,147 | -2,096 | -843.71 | -51.32 | -399.06 |
Depreciation & Amortization | 560.54 | 560.54 | 533.21 | 533.21 | 607.75 | 607.75 | 642.84 | 642.84 | 707.24 | 707.24 | 742.6 | 742.6 | 895.24 | 940.72 | 865.06 | 865.06 | 766.57 | 635.05 | 109.95 | 49.23 |
Stock-Based Compensation | 297.46 | 297.46 | 287.81 | 287.81 | 296.07 | 296.07 | 262.03 | 262.03 | 285.55 | 285.55 | 280.77 | 280.77 | 254.8 | 251.33 | 267.28 | 267.28 | 307.47 | 147.36 | 25.02 | 255.09 |
Other Adjustments | 106.67 | 106.67 | 86.01 | 86.01 | 214.8 | 214.8 | 94.4 | 94.4 | 212.08 | 212.08 | -89.13 | -89.13 | -158.31 | 142.68 | 78.62 | 78.62 | 254.59 | 47.16 | 5.8 | 19.18 |
Change in Receivables | -81.88 | -81.88 | 45.48 | 45.48 | 154.41 | 154.41 | -62.24 | -62.24 | -79.4 | -79.4 | -14.07 | -14.07 | -91.77 | 124.9 | -83.56 | -83.56 | -54.62 | 127.18 | -19.68 | -51.42 |
Changes in Accounts Payable | 115.54 | 115.54 | 177.34 | 177.34 | 171.07 | 171.07 | 136.5 | 136.5 | 26.67 | 26.67 | -56.89 | -56.89 | -366.02 | -140.49 | 276.69 | 276.69 | 358.89 | 402.2 | 53.77 | 71.48 |
Changes in Accrued Expenses | 216.12 | 216.12 | 121.21 | 121.21 | 225.72 | 225.72 | 353.99 | 353.99 | 211.63 | 211.63 | -132.16 | -132.16 | -66.79 | -67.39 | -248.02 | -248.02 | 220.12 | 183.08 | 52.87 | 3.36 |
Changes in Income Taxes Payable | 31.65 | 31.65 | -6.95 | -6.95 | 58.56 | 58.56 | -16.71 | -16.71 | 22.46 | 22.46 | -7.96 | -7.96 | 62.96 | 14.86 | 26.43 | 26.43 | 55.45 | 16.06 | -7.06 | 1.84 |
Changes in Unearned Revenue | 211.02 | 211.02 | 218.76 | 218.76 | 38.43 | 38.43 | 385.68 | 385.68 | 131.13 | 131.13 | -64.18 | -64.18 | -33.79 | 75.99 | 65.87 | 65.87 | -14.62 | 0.42 | 39.21 | 164.56 |
Changes in Other Operating Activities | -13.21 | -13.21 | 79 | 79 | 47.44 | 47.44 | 84.02 | 84.02 | 83.04 | 83.04 | 104.32 | 104.32 | -23.94 | -408.76 | -153.34 | -153.34 | -420.82 | -300.03 | -34.17 | -90.64 |
Operating Cash Flow | 1,928 | 1,928 | 1,646 | 1,646 | 1,813 | 1,813 | 1,194 | 1,194 | 458.89 | 458.89 | -325.58 | -325.58 | -707.26 | -1,100 | -1,052 | -1,052 | -622.73 | 414.78 | 178.95 | 23.62 |
Operating Cash Flow Growth | 6.32% | 6.32% | 37.81% | 37.81% | 295.15% | 295.15% | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
Capital Expenditures | -166.36 | -166.36 | -90.07 | -90.07 | -109.93 | -109.93 | -122.75 | -122.75 | -65.19 | -65.19 | -25.76 | -25.76 | -44.06 | -495.92 | -110.23 | -110.23 | -362.41 | -151.61 | -56.64 | -8.71 |
Purchases of Intangible Assets | -360.74 | -360.74 | -296.48 | -296.48 | -332.61 | -332.61 | -312.27 | -312.27 | -224.85 | -224.85 | -349.27 | -349.27 | -474.96 | -650.74 | -426.1 | -426.1 | -705.81 | -709.13 | -165.21 | -74.11 |
Purchases of Investments | -24,513 | -24,513 | -24,423 | -24,423 | -11,386 | -11,386 | -10,129 | -10,129 | -5,705 | -5,705 | -6,116 | -6,116 | -7,827 | -14,060 | -30,202 | -30,202 | -32,437 | -8,460 | -1,044 | -1,254 |
Proceeds from Sale of Investments | 23,950 | 23,950 | 21,209 | 21,209 | 13,340 | 13,340 | 8,944 | 8,944 | 6,166 | 6,166 | 6,894 | 6,894 | 16,578 | 18,269 | 30,687 | 30,687 | 21,308 | 8,157 | 1,477 | 1,249 |
Payments for Business Acquisitions | - | - | - | - | - | - | - | - | 0 | 0 | -35 | -35 | -51.41 | -35 | -546.68 | -546.68 | -291.21 | -218.3 | - | 0 |
Other Investing Activities | - | - | 6.5 | 6.5 | - | - | 30.13 | 30.13 | - | - | 137.54 | 137.54 | 0 | 7.84 | 273.87 | 273.87 | 5.1 | 0 | - | - |
Investing Cash Flow | -1,076 | -1,076 | -3,594 | -3,594 | 1,521 | 1,521 | -1,590 | -1,590 | 376 | 376 | 505.07 | 505.07 | 8,222 | 3,035 | -323.95 | -323.95 | -12,484 | -1,382 | 221.89 | -88 |
Long-Term Debt Issued | 799.5 | 799.5 | 2,993 | 2,993 | 2,100 | 2,100 | 524.5 | 524.5 | 700.98 | 700.98 | 274.26 | 274.26 | 440.16 | 550 | 355.69 | 355.69 | 297.8 | 0 | - | 3.21 |
Long-Term Debt Repaid | -857.25 | -857.25 | -483.49 | -483.49 | -2,131 | -2,131 | -1,853 | -1,853 | -815.97 | -815.97 | -4,038 | -4,038 | -3,229 | -660.55 | -881.53 | -881.53 | 0 | 0 | - | 0 |
Net Long-Term Debt Issued (Repaid) | -57.75 | -57.75 | 2,510 | 2,510 | -30.71 | -30.71 | -1,328 | -1,328 | -114.99 | -114.99 | -3,764 | -3,764 | -2,788 | -110.55 | -525.84 | -525.84 | 297.8 | 0 | - | 3.21 |
Issuance of Common Stock | 1.77 | 1.77 | 1.51 | 1.51 | 1.15 | 1.15 | 3.99 | 3.99 | 0 | 0 | 1,345 | 1,345 | 0 | 0 | 0 | 0 | 0 | 0 | - | - |
Repurchase of Common Stock | -51.78 | -51.78 | -359.58 | -359.58 | -58.76 | -58.76 | - | - | - | - | - | - | 0 | 0 | -173.79 | -173.79 | - | - | - | - |
Net Common Stock Issued (Repurchased) | -50.01 | -50.01 | -358.07 | -358.07 | -57.61 | -57.61 | 3.99 | 3.99 | 0 | 0 | 1,345 | 1,345 | 0 | 0 | -173.79 | -173.79 | 0 | 0 | - | - |
Other Financing Activities | 0 | 0 | -0.53 | -0.53 | - | - | - | - | - | - | - | - | 0 | 0 | -28.37 | -28.37 | -46.06 | -32.73 | 0.28 | 0 |
Financing Cash Flow | -107.76 | -107.76 | 2,151 | 2,151 | -88.32 | -88.32 | -1,324 | -1,324 | -118.5 | -118.5 | -2,419 | -2,419 | -2,788 | -110.55 | -728 | -728 | 10,337 | -32.73 | 1.59 | -6.79 |
Effect of Exchange Rate Changes on Cash and Cash Equivalents | 10.26 | 10.26 | 10.33 | 10.33 | 12.69 | 12.69 | -9.6 | -9.6 | -22.81 | -22.81 | 72.99 | 72.99 | -5.1 | 149.67 | 88.39 | 88.39 | -178.05 | -249.12 | -34.9 | 21.62 |
Net Cash Flow | 753.96 | 753.96 | 213.52 | 213.52 | 3,258 | 3,258 | -1,730 | -1,730 | 693.58 | 693.58 | -2,166 | -2,166 | 3,348 | 3,348 | -2,016 | -2,016 | -2,947 | -1,249 | 367.52 | -49.55 |
Free Cash Flow | 1,762 | 1,762 | 1,556 | 1,556 | 1,703 | 1,703 | 1,071 | 1,071 | 393.7 | 393.7 | -351.34 | -351.34 | -751.31 | -1,596 | -1,162 | -1,162 | -985.14 | 263.18 | 122.31 | 14.91 |
Free Cash Flow Growth | 3.41% | 3.41% | 45.20% | 45.20% | 332.66% | 332.66% | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
FCF Margin | 21.17% | 22.92% | 21.20% | 22.21% | 22.02% | 23.32% | 17.49% | 18.91% | 6.20% | 6.78% | -6.62% | -6.93% | -12.23% | -27.54% | -23.68% | -23.00% | -17.04% | 6.85% | 16.67% | 6.85% |
Free Cash Flow Per Share | 3.85 | 3.87 | 3.56 | 3.70 | 4.02 | 4.08 | 2.57 | 2.58 | 0.95 | 0.95 | -0.85 | -0.86 | -1.90 | -4.04 | -2.94 | -2.95 | -2.52 | 0.74 | 1.76 | - |
Levered Free Cash Flow | 1,411 | 1,368 | 3,762 | 3,533 | 1,098 | 928.81 | -473.5 | -613.34 | -294.5 | -349.46 | -4,750 | -3,831 | -3,859 | -1,905 | -1,810 | -2,085 | -1,187 | -42.62 | 106.62 | -204.73 |
Unlevered Free Cash Flow | 1,465 | 1,321 | 1,257 | 856.61 | 1,211 | 978.72 | 884.29 | 643.29 | -192.89 | -5.29 | -737.71 | -887.64 | -1,936 | -1,960 | -1,498 | -1,295 | -1,428 | -134.26 | 92.85 | -194.7 |
Updated May 20, 2026. Data Source: Fiscal.ai. Standard template. Financial Sources.