Bilibili vs Match Group
Bilibili is the larger business, with $4.22bn of revenue in fiscal 2025 against $3.49bn for Match Group (1.2 times as much). Bilibili grew faster (13.2% against 0.2%). Match Group kept more of each dollar of sales as profit: a net margin of 17.6% against 3.9%.
| Latest fiscal year | BilibiliBILI, 2025 | Match GroupMTCH, 2025 |
|---|---|---|
| Revenue | $4.22bn | $3.49bn |
| Revenue growth | 13.2% | 0.2% |
| Net income | $166m | $613m |
| Operating margin | 3.7% | 25.0% |
| Net margin | 3.9% | 17.6% |
| Return on equity | 8.0% | — |
| Free cash flow | $923m | $1.02bn |
| Cash | $1.74bn | $1.03bn |
| Total debt | $1.38bn | $4.00bn |
| Debt to equity | 61.9% | — |
| Dividend per share | — | $0.76 |
| Dividend yield | — | 1.9% |
| Share buybacks | $114m | $789m |
| Employees | — | 2,200 |
| Market value | $5.48bn | $8.84bn |
| Price vs our value range | Below our value range | Within our value range |
| Moat score | — | 75 (Strong) |
| Insider trades, 12 months | 0 buys, 0 sales | 2 buys, 5 sales |