Bilibili Inc. (BILI) Cost of Revenue (2017 - 2026)

Bilibili (BILI) has reported Cost of Revenue for 10 consecutive years, with $678.4 million the latest figure, recorded in Q1 2026.

• In Q1 2026, Cost of Revenue rose 10.27% year-over-year to $678.4 million; the TTM figure through Mar 2026 stood at $2.7 billion (up 7.07% YoY), while the FY2025 annual figure was $628.3 million, down 74.6% from the prior year.
• Cost of Revenue came in at $678.4 million for Q1 2026 at Bilibili, down from $738.8 million in the prior quarter.
• The five-year high for Cost of Revenue was $738.8 million in Q4 2025, with the low at $567.7 million in Q1 2024.
• Average Cost of Revenue over 5 years is $645.2 million, with a median of $651.3 million recorded in 2023.
• The largest YoY upside for Cost of Revenue was 46.38% in 2022 against a maximum downside of 71.33% in 2022.
• Year by year, Cost of Revenue stood at $688.0 million in 2022, then declined by 5.34% to $651.3 million in 2023, then grew by 5.73% to $688.6 million in 2024, then climbed by 7.3% to $738.8 million in 2025, then slipped by 8.18% to $678.4 million in 2026.
• According to Business Quant data, Cost of Revenue over the past three periods registered $678.4 million, $738.8 million, and $680.1 million for Q1 2026, Q4 2025, and Q3 2025 respectively.