Bilibili Financial Statements
NASDAQ: BILITechnologyEDP ServicesUSD
At close: Oct 9, 4:00 PM ET · Delayed 15 min
Bilibili revenue and earnings
In fiscal 2025, Bilibili generated $4.34 billion in revenue, up 18.1% from fiscal 2024, its 2nd consecutive year of revenue growth. Net income was $170.7 million, for a net margin of 3.9% versus a median of -25.5% in the prior 5 years. Gross margin was 36.6% (up from 32.7%) and operating margin 3.7%.
Diluted earnings per share came in at $0.39. Over the last 5 fiscal years, BILI's revenue has grown at a 18.7% compound annual rate.
Summary generated from market data by MetaCap's automated system. Methodology
Bilibili income statement (annual)
| Fiscal year (USD) | FY 20252025-12-31 | FY 20242024-12-31 | FY 20232023-12-31 | FY 20222022-12-31 | FY 20212021-12-31 | FY 20202020-12-31 | FY 20192019-12-31 | FY 20182018-12-31 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 4.34B | 3.68B | 3.17B | 3.18B | 3.04B | 1.84B | 973.59M | 600.53M |
| Revenue growth (YoY) | +18.06% | +15.85% | -0.07% | +4.38% | +65.41% | +88.88% | +62.12% | — |
| Cost of Revenue | 2.75B | 2.47B | 2.41B | 2.62B | 2.41B | 1.40B | 802.62M | 476.11M |
| Gross Profit | 1.59B | 1.20B | 766.47M | 558.10M | 634.46M | 435.28M | 170.97M | 124.42M |
| Operating Expenses | 1.43B | 1.39B | 1.48B | 1.77B | 1.64B | 916.65M | 385.74M | 230.44M |
| Research & Development | 505.28M | 504.87M | 629.23M | 690.91M | 445.64M | 231.87M | 128.47M | 78.17M |
| Selling, General & Admin | 923.22M | 881.28M | 850.52M | 1.08B | 1.20B | 684.78M | 257.26M | 152.27M |
| Operating Income | 160.79M | -184.12M | -713.27M | -1.21B | -1.01B | -481.37M | -214.77M | -106.03M |
| Interest Expense | 21.53M | 12.22M | 23.23M | 36.38M | 24.40M | 16.64M | 6.68M | — |
| Other Income (Expense) | 11.96M | -7.70M | 46.65M | 138.38M | -44.63M | 21.50M | 3.79M | 3.85M |
| Pretax Income | — | — | — | — | — | — | — | -78.40M |
| Income Tax | 2.45M | -5.01M | 11.09M | 15.10M | 14.95M | 8.18M | 5.15M | 3.78M |
| Net Income | 170.67M | -186.82M | -677.71M | -1.09B | -1.07B | -468.05M | -187.25M | -82.18M |
| Net Income growth (YoY) | — | — | — | — | — | — | — | — |
| EPS (Basic) | 0.41 | -0.44 | -1.64 | -2.75 | -2.80 | -1.33 | -0.57 | -0.38 |
| EPS (Diluted) | 0.39 | -0.44 | -1.64 | -2.75 | -2.80 | -1.33 | -0.57 | -0.38 |
| Shares Outstanding (Basic) | — | — | — | — | — | — | 323.16M | 233.05M |
| Shares Outstanding (Diluted) | — | — | — | — | — | — | 323.16M | 233.05M |
| EBITDA | 229.57M | -108.18M | -610.85M | -1.10B | -924.35M | -431.33M | -187.22M | -91.52M |
| Gross Margin | 36.62% | 32.70% | 24.16% | 17.58% | 20.86% | 23.67% | 17.56% | 20.72% |
| Operating Margin | 3.71% | -5.01% | -22.48% | -38.17% | -33.17% | -26.18% | -22.06% | -17.66% |
| Net Margin | 3.93% | -5.08% | -21.36% | -34.28% | -35.13% | -25.45% | -19.23% | -13.68% |
This table shows 8 annual periods of Bilibili's income statement, from FY 2025 back to FY 2018, across 20 line items including revenue, cost of revenue, gross profit. Values in USD; B = billions, M = millions. Fiscal periods follow BILI's reporting calendar. What is a income statement?