Bilibili (BILI) EBITDA (2017 - 2026)

Bilibili (BILI) recorded quarterly EBITDA of $24.1 million in Q1 2026, down 66.11% quarter-over-quarter from $71.0 million in Q4 2025, and up 1155.0% on a YoY basis from $1.9 million in Q1 2025.

Bilibili (BILI) EBITDA (2017 - 2026) Analysis & Trends

Bilibili's EBITDA history runs 10 years deep, the most recent figure standing at $24.1 million for Q1 2026.

  • In Q1 2026, EBITDA rose 1155.0% year-over-year to $24.1 million; the TTM figure through Mar 2026 stood at $173.5 million (up 328.77% YoY), while the FY2025 annual figure was $158.4 million, up 188.32% from the prior year.
  • EBITDA was $24.1 million for Q1 2026 at Bilibili, down from $71.0 million in the prior quarter.
  • In the past five years, EBITDA ranged from a high of $71.0 million in Q4 2025 to a low of -$1.0 billion in Q4 2022.
  • Historically, EBITDA has averaged -$154.2 million across 5 years, with a median of -$106.6 million in 2024.
  • The sharpest annual moves came in 2022 and 2026: EBITDA plunged 97.22% in 2022, then surged 1155.0% in 2026.
  • A 5-year view of EBITDA shows it stood at -$1.0 billion in 2022, then soared by 82.03% to -$181.2 million in 2023, then soared by 109.71% to $17.6 million in 2024, then jumped by 303.6% to $71.0 million in 2025, then tumbled by 66.11% to $24.1 million in 2026.
  • The last three EBITDA figures came in at $24.1 million (Q1 2026), $71.0 million (Q4 2025), and $49.5 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) EBITDA (Qtr)
1 Nebius 1,913,603.98 Bn 1,913,603.98 Bn 295.20 Mn -128.00 Mn
2 Alphabet 4,425.33 Bn 4,209.71 Bn 102.29 Bn 39.70 Bn
3 Meta Platforms 1,502.66 Bn 1,421.48 Bn 46.09 Bn 22.87 Bn
4 Spotify Technology 119.69 Bn 109.44 Bn 1.75 Bn 837.08 Mn
5 Reddit 33.22 Bn 30.45 Bn 511.94 Mn 182.91 Mn
6 Pinterest 13.64 Bn 12.34 Bn 768.96 Mn -80.29 Mn
7 Kanzhun 13.02 Bn 10.92 Bn 255.62 Bn 90.03 Bn
8 Snap 9.72 Bn 6.90 Bn 1.29 Bn -74.45 Mn
9 Zillow 8.26 Bn 7.48 Bn 519.00 Mn 36.00 Mn
10 Bilibili 1,260.36 -2.30 Bn 400.37 Mn 24.07 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 24.07 Mn
Dec 31, 2025 71.04 Mn
Sep 30, 2025 49.45 Mn
Jun 30, 2025 28.89 Mn
Mar 31, 2025 -2.28 Mn
Dec 31, 2024 17.60 Mn
Sep 30, 2024 -9.30 Mn
Jun 30, 2024 -81.84 Mn
Mar 31, 2024 -106.58 Mn
Dec 31, 2023 -181.20 Mn
Sep 30, 2023 -153.07 Mn
Jun 30, 2023 -182.42 Mn
Mar 31, 2023 -200.94 Mn
Dec 31, 2022 -1.01 Bn
Sep 30, 2022 -241.31 Mn
Jun 30, 2022 -332.27 Mn
Mar 31, 2022 -313.67 Mn
Dec 31, 2021 -1.13 Bn
Sep 30, 2021 -290.30 Mn
Jun 30, 2021 -235.32 Mn