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 | 33.22 Bn | 30.45 Bn | 511.94 Mn | 182.91 Mn | |
| 6 | 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| Date | Value |
|---|---|
| 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 |