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

Bilibili's Cost of Revenue history runs 10 years deep, the most recent figure standing at $678.4 million for 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 $2.8 billion, up 11.18% from the prior year.
• Cost of Revenue for Q1 2026 stood at $678.4 million, 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 $247.3 million in Q3 2022.
• The 5-year median for Cost of Revenue is $644.5 million (2025), against an average of $618.9 million.
• The sharpest annual moves came in 2022 and 2023: Cost of Revenue sank 71.33% in 2022, then surged 143.47% in 2023.
• Bilibili's Cost of Revenue stood at $688.0 million in 2022, then retreated by 5.34% to $651.3 million in 2023, then rose by 5.73% to $688.6 million in 2024, then increased by 7.3% to $738.8 million in 2025, then declined by 8.18% to $678.4 million in 2026.
• Business Quant data shows BILI's Cost of Revenue at $678.4 million in Q1 2026, $738.8 million in Q4 2025, and $680.1 million in Q3 2025.