Bilibili Inc. (BILI) — Financial statements
Income statement, balance sheet, and cash flow for Bilibili Inc. — annual and quarterly history with growth and margin analysis.
| Metric (CNY Millions) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
| Revenue & Gross Profit | ||||||
| Revenue | 29,521↑10.0% | 26,832↑19.1% | 22,528↑2.9% | 21,899↑13.0% | 19,384 | |
| Cost of Revenue | 18,567↑2.8% | 18,058↑5.7% | 17,086↓5.3% | 18,050↑17.7% | 15,341 | |
| Gross Profit | 10,954↑24.8% | 8,774↑61.2% | 5,442↑41.4% | 3,849↓4.8% | 4,043 | |
| Operating Expenses | ||||||
| R&D Expenses | 3,437↓6.7% | 3,685↓17.5% | 4,467↓6.3% | 4,765↑67.8% | 2,840 | |
| General & Administrative Expenses | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Selling & Marketing Expenses | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| SG&A Expenses | 6,280↓2.4% | 6,433↑6.5% | 6,039↓18.9% | 7,442↓2.5% | 7,632 | |
| Other Expenses | 143 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Operating Expenses | 9,860↓2.5% | 10,118↓3.7% | 10,506↓13.9% | 12,207↑16.6% | 10,472 | |
| Total Costs & Expenses | 28,427↑0.9% | 28,175↑2.1% | 27,592↓8.8% | 30,257↑17.2% | 25,813 | |
| Operating Results | ||||||
| Operating Income | 1,094↑181.4% | -1,344↑73.5% | -5,064↑39.4% | -8,358↓30.0% | -6,429 | |
| Depreciation & Amortization | 0.00↓100.0% | 2,501↓13.7% | 2,900↓18.7% | 3,566↑37.0% | 2,604 | |
| EBITDA | 1,094↓8.1% | 1,190↑171.3% | -1,668↑53.5% | -3,587↑9.3% | -3,954 | |
| EBIT | 1,094↑183.4% | -1,311↑71.3% | -4,568↑36.1% | -7,153↓9.1% | -6,558 | |
| Interest & Other Income | ||||||
| Net Interest Income | 274↓20.9% | 346↓8.4% | 378↑1153.1% | 30↑135.4% | -85 | |
| Interest Income | 420↓3.4% | 435↓19.8% | 542↑93.0% | 281↑299.4% | 70 | |
| Interest Expense | 146↑64.2% | 89↓45.9% | 165↓34.3% | 251↑61.4% | 155 | |
| Non-Operating Income | 0.00↑100.0% | -33↑93.4% | -496↑58.8% | -1,205↓1035.0% | 129 | |
| Other Income / Expenses | 81↑244.7% | -56↓117.0% | 331↓65.3% | 954↑435.6% | -284 | |
| Income Before Tax | 1,175↑183.9% | -1,400↑70.4% | -4,733↑36.1% | -7,404↓10.3% | -6,713 | |
| Income Tax Expense | 17↑145.6% | -37↓146.4% | 79↓24.4% | 104↑9.3% | 95 | |
| Net Income & EPS | ||||||
| Net Income from Continuing Operations | 1,158↑185.0% | -1,364↑71.7% | -4,812↑35.9% | -7,508↓10.3% | -6,809 | |
| Net Income from Discontinued Operations | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Net Income | 1,161↑186.2% | -1,347↑72.1% | -4,822↑35.8% | -7,508↓10.3% | -6,809 | |
| Bottom-Line Net Income | 1,161↑186.2% | -1,347↑72.1% | -4,822↑35.7% | -7,497↓10.4% | -6,789 | |
| EPS (Basic) | 2.80↑186.7% | -3.23↑72.3% | -11.67↑46.2% | -21.71↓21.1% | -17.92 | |
| EPS (Diluted) | 2.59↑180.2% | -3.23↑72.3% | -11.67↑46.2% | -21.71↓21.1% | -17.92 | |
| Weighted Average Shares | 419↑0.6% | 416↑0.8% | 413↑19.5% | 346↓9.0% | 380 | |
| Weighted Average Diluted Shares | 444↑6.6% | 416↑0.8% | 413↑19.5% | 346↓9.0% | 380 | |
* All figures in Millions of CNY, except per share data. Growth rates calculated Year-over-Year (YoY). Data source: SEC Filings.