Bilibili (BILI) Capital Expenditures (2019 - 2025)
Bilibili (BILI) posted quarterly Capital Expenditures of -$4.9 million for Q1 2025, up 62.26% year-over-year from -$3.0 million in Q1 2024, and up 62.26% quarter-over-quarter from -$13.0 million in Q1 2024.
Analysis
Bilibili (BILI) Capital Expenditures (2019 - 2025) Analysis & Trends
Bilibili's Capital Expenditures history runs 6 years deep, the most recent figure standing at -$4.9 million for Q1 2025.
- In Q1 2025, Capital Expenditures rose 62.26% year-over-year to -$4.9 million; the TTM figure through Mar 2025 stood at $435.0 million (down 27.35% YoY), while the FY2025 annual figure was $73.3 million, up 15.03% from the prior year.
- Capital Expenditures for Q1 2025 stood at -$4.9 million, up from -$13.0 million in the prior quarter.
- The five-year high for Capital Expenditures was $245.3 million in Q4 2021, with the low at -$13.0 million in Q1 2024.
- The 4-year median for Capital Expenditures is $101.4 million (2025), against an average of $108.8 million.
- The sharpest annual moves came in 2022 and 2025: Capital Expenditures dropped 15.36% in 2022, then surged 62.26% in 2025.
- Bilibili's Capital Expenditures stood at $245.3 million in 2021, then decreased by 15.36% to $207.6 million in 2022, then plunged by 106.27% to -$13.0 million in 2024, then soared by 62.26% to -$4.9 million in 2025.
- Business Quant data shows BILI's Capital Expenditures at -$4.9 million in Q1 2025, -$13.0 million in Q1 2024, and $207.6 million in Q4 2022.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Capex (Qtr) |
|---|---|---|---|---|---|
| 1 | Alphabet | 4,083.83 Bn | 3,654.79 Bn | 73.85 Bn | 44.92 Bn |
| 2 | Meta Platforms | 1,456.07 Bn | 1,365.81 Bn | 49.47 Bn | 30.12 Bn |
| 3 | Spotify Technology | 111.71 Bn | 104.79 Bn | 1.86 Bn | -23.25 Mn |
| 4 | Nebius | 50.03 Bn | 40.93 Bn | 448.70 Mn | -5.66 Bn |
| 5 | 28.44 Bn | 25.65 Bn | 734.60 Mn | 1.13 Mn | |
| 6 | Bilibili | 13.59 Bn | 11.45 Bn | 433.97 Mn | - |
| 7 | Tencent Music Entertainment | 12.71 Bn | 9.21 Bn | 582.00 Mn | - |
| 8 | 12.21 Bn | 10.93 Bn | 922.30 Mn | 22.95 Mn | |
| 9 | Match | 9.45 Bn | 8.86 Bn | 648.84 Mn | 17.31 Mn |
| 10 | Snap | 9.26 Bn | 6.60 Bn | 931.11 Mn | 55.68 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Mar 31, 2025 | -4.91 Mn |
| Mar 31, 2025 | -4.91 Mn |
| Mar 31, 2024 | -13.01 Mn |
| Mar 31, 2024 | -13.01 Mn |
| Dec 31, 2022 | -6.19 Mn |
| Dec 31, 2022 | -6.19 Mn |
| Dec 31, 2021 | -56.68 Mn |
| Dec 31, 2021 | -56.68 Mn |
| Dec 31, 2020 | -22.88 Mn |
| Dec 31, 2020 | -22.88 Mn |
| Mar 31, 2020 | -9.58 Mn |
| Mar 31, 2020 | -9.58 Mn |
| Mar 31, 2019 | -5.20 Mn |
| Mar 31, 2019 | -5.20 Mn |