Bilibili Inc. (BILI) Financial Statements — Income, Balance Sheet, Cash Flow

Overview Financials Chart Business Summary Filings Ownership Valuation

Financial Statements — BILI

Balance Sheet

(in billions CNY)

Metric	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Cash & Equivalents	12.18	10.25	7.19	10.17	1.18	4.68	4.96
Short-term Investments	6.45	2.71	0.37	4.62	15.06	3.36	0.18
Accounts Receivable	0.18	1.23	1.57	1.33	0.22	1.05	0.11
Inventory	0.21	0.26	0.19	0.44	0.46	0.16	0.07
Total Current Assets	27.55	19.76	18.73	24.45	36.45	2.41	10.32
Property, Plant & Equipment	0.70	0.59	0.10	0.18	1.35	0.76	0.52
Goodwill	2.82	2.73	0.38	2.73	0.37	0.20	0.15
Intangible Assets	3.11	0.44	0.51	4.33	3.84	0.36	1.66
Total Non-current Assets	13.62	12.94	2.03	2.52	15.61	8.13	0.75
Total Assets	41.17	32.70	4.67	6.06	8.17	3.66	2.23
Accounts Payable	0.79	4.80	4.33	4.29	4.36	3.07	0.27
Short-term Debt	4.86	1.57	1.05	6.62	1.23	0.10	--
Total Current Liabilities	20.33	14.76	2.55	2.48	12.07	7.39	0.61
Long-term Debt	4.78	3.26	0.00	1.26	2.79	1.28	0.49
Total Non-current Liabilities	0.76	3.83	0.09	9.50	2.87	8.69	0.52
Total Liabilities	25.62	18.59	18.75	26.59	4.76	16.08	7.88
Total Stockholder Equity	15.57	14.11	2.03	15.24	3.41	7.60	7.05

Income Statement

(in billions CNY) (except per-share rows)

Metric	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Total Revenue	30.35	26.83	3.17	3.18	3.04	12.00	0.97
Cost of Revenue	19.23	18.06	17.09	2.62	2.41	1.40	5.59
Gross Profit	11.11	8.77	0.77	3.85	4.04	0.44	0.17
Research & Development	3.53	3.69	4.47	4.77	0.45	1.51	0.89
Selling, General & Admin	2.06	2.03	2.12	0.37	1.84	0.15	0.09
Total Operating Expenses	1.43	10.12	10.51	1.77	10.47	0.92	0.39
Operating Income	1.12	(1.34)	(5.06)	(8.36)	(6.43)	(3.14)	(0.21)
Interest Expense	0.15	0.09	0.16	0.25	0.16	0.11	0.01
Pretax Income*	1.21	(1.40)	(4.80)	(7.40)	(1.05)	(3.00)	(1.30)
Tax Provision	0.02	(0.04)	0.01	0.10	0.01	0.05	0.01
Net Income	1.19	(1.36)	(4.81)	(7.51)	(1.07)	(3.05)	(1.30)
Basic EPS	2.85	(3.23)	(11.67)	(2.75)	(2.80)	(1.33)	(3.99)
Diluted EPS	0.39	(3.23)	(1.64)	(2.75)	(17.87)	(8.71)	(0.57)

* Derived from reported values

Cash Flow Statement

(in billions USD)

Metric	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Operating Cash Flow	1.02	6.01	0.27	(3.91)	(0.42)	0.12	0.03
Capital Expenditures	0.51	0.47	0.03	0.11	0.97	0.09	0.04
Free Cash Flow*	0.51	5.55	0.24	(4.02)	(1.38)	0.02	(0.01)
Investing Cash Flow	(9.34)	(0.14)	0.25	1.54	(3.86)	(1.37)	(0.57)
Financing Cash Flow	0.58	(2.83)	(5.07)	(4.35)	4.77	1.28	0.73

* Derived from reported values