Bilibili Inc. income statement

In fiscal 2025, Bilibili Inc. reported revenue of $4.22bn, up 13.2% on the year before, operating income of $156m (a 3.7% margin) and net income of $166m, or $0.38 per diluted share. Every line below comes from the company's 10-K and 10-Q filings; column headings link to the filing.

Income statement

US$ millions unless shown otherwise. Fiscal years, plus the last twelve months (LTM) when newer.

Bilibili Inc.: income statement, annual
Fiscal year	2016Dec 2016	2017Dec 2017	2018Dec 2018	2019Dec 2019	2020Dec 2020	2021Dec 2021	2022Dec 2022	2023Dec 2023	2024Dec 2024	2025Dec 2025
Revenue	79	365	626	982	1,739	3,005	3,261	3,184	3,729	4,223
Cost of revenue	116	284	496	809	1,328	2,378	2,688	2,415	2,510	2,676
Gross profit	−38	81	130	172	412	627	573	769	1,219	1,546
Research and development	14	41	81	130	219	440	710	631	512	492
Selling and marketing	15	34	89	174	506	898	733	553	612	611
General and administrative	68	39	70	86	141	285	375	300	282	287
Operating income	−135	−33	−110	−217	−455	−997	−1,245	−716	−187	156
Interest expense	—	—	—	7	16	24	37	23	12	21
Income before tax	−137	−26	−82	—	—	—	—	—	—	—
Income tax	0	1	4	5	8	15	16	11	−5	2
Net income	−179	−85	−93	−187	−437	−1,053	−1,116	−682	−187	166
Diluted EPS	−$3.08	−$1.21	−$0.40	−$0.58	−$1.26	−$2.77	−$2.83	−$1.65	−$0.45	$0.38
Diluted shares (average)	58m	70m	233m	323m	—	—	—	—	—	—
EBITDA	−132	−28	−95	−189	−408	−913	−1,132	−613	−110	223

EBITDA is operating income plus depreciation and amortisation. EPS and share counts are restated for stock splits. A dash means the company did not report the line for that period; expense lines are shown as reported, so they need not add up to the totals when a company reports other items between them.

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Figures from Bilibili Inc.'s SEC filings (10-K and 10-Q), retrieved November 2, 2026. How we read and check them: methodology and data sources. Not investment advice. Back to Bilibili Inc.