BILINasdaqServices-Computer Processing & Data PreparationFiscal year ends December 31Also trades as BLBLF
Bilibili Inc.
Financials through fiscal 2025, year ended Dec 31, 2025Last filing: 20-F on Apr 16, 2026
$14.01−0.06 (-0.43%)
Close on Oct 19, 2026
Bilibili Inc. revenue by segment
By business segment
By product or service
| Revenue | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | % of revenue | YoY |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value-added services | CN¥11.93B | CN¥11.00B | CN¥9.91B | CN¥8.72B | CN¥6.93B | CN¥3.85B | CN¥1.64B | CN¥585.64M | – | – | 39.3% | +8.4% |
| Advertising | CN¥10.06B | CN¥8.19B | CN¥6.41B | CN¥5.07B | CN¥4.52B | CN¥1.84B | CN¥817.02M | – | – | – | 33.1% | +22.8% |
| Mobile games | CN¥6.39B | CN¥5.61B | CN¥4.02B | CN¥5.02B | CN¥5.09B | CN¥4.80B | CN¥3.60B | CN¥2.94B | CN¥2.06B | CN¥342.38M | 21.1% | +14.0% |
| IP derivatives and others | CN¥1.97B | CN¥2.03B | CN¥2.18B | CN¥3.10B | CN¥2.83B | – | – | – | – | – | 6.5% | -3.3% |
| Advertising | – | – | – | – | – | CN¥1.84B | CN¥817.02M | CN¥463.49M | CN¥159.16M | CN¥60.73M | – | – |
| E-commerce and others | – | – | – | CN¥3.10B | CN¥2.83B | CN¥1.51B | CN¥722.05M | CN¥143.47M | CN¥74.62M | CN¥40.55M | – | – |
| Live broadcasting and other VAS | – | – | – | – | – | – | CN¥1.64B | CN¥585.64M | CN¥176.44M | CN¥79.66M | – | – |
By region
From the segment and revenue-disaggregation notes of Bilibili's 10-K and 10-Q filings (XBRL). Fourth-quarter figures are the fiscal year less the first nine months. Segment names follow the company's own labels and can change when it reorganizes.