Bilibili BILI
NASDAQ BILI
$14.90 +0.50 (+3.47%)
At close: Sep 18, 2026 · 4:00 PM EDT

Bilibili (BILI) FCF Margin (2019 - 2025)

Bilibili (BILI) posted FCF Margin of 27.11% for Q2 2025, up 41.93% on a QoQ basis from 19.1% in Q1 2025, and down 146.0% year-over-year from 58.94% in Q2 2024.

Analysis

Bilibili (BILI) FCF Margin (2019 - 2025) Analysis & Trends

Bilibili has reported FCF Margin for 6 years, with the latest figure at 27.11% in Q2 2025.

  • On a quarterly basis, FCF Margin fell 146.0% year-over-year to 27.11% in Q2 2025; TTM through Jun 2025 was 19.71%, a 3056.0% increase from a year earlier, with the FY2025 full-year figure at 24.56%, up 41.0% from the prior year.
  • FCF Margin was 27.11% for Q2 2025 at Bilibili, up from 19.1% in the prior quarter.
  • The five-year high for FCF Margin was 28.57% in Q2 2024, with the low at 62.96% in Q4 2022.
  • Average FCF Margin over 4 years is 4.83%, with a median of 12.9% recorded in 2024.
  • The sharpest annual moves came in 2021 and 2025: FCF Margin plunged 5427 bps in 2021, then jumped 620 bps in 2025.
  • Over 4 years, FCF Margin stood at 39.52% in 2021, then tumbled by 59 bps to 62.96% in 2022, then surged by 145 bps to 28.57% in 2024, then dropped by 5 bps to 27.11% in 2025.
  • The last three FCF Margin figures came in at 27.11% (Q2 2025), 19.1% (Q1 2025), and 28.57% (Q2 2024), per Business Quant data.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) FCF Margin (Qtr)
1 Meta Platforms 1,696.33 Bn 1,606.07 Bn 49.47 Bn 2.87%
2 Reddit 29.01 Bn 26.23 Bn 734.60 Mn 32.39%
3 Bilibili 12.48 Bn 10.34 Bn 433.97 Mn -
4 Pinterest 10.51 Bn 9.24 Bn 922.30 Mn 22.88%
5 Match 9.93 Bn 9.35 Bn 648.84 Mn 41.32%
6 Snap 9.56 Bn 6.90 Bn 931.11 Mn 7.54%
7 Rum 5.38 Bn 5.26 Bn - -
8 Sound 4.72 Bn 4.61 Bn - -
9 Joyy 4.14 Bn 3.82 Bn 201.60 Mn -
10 Grindr 2.68 Bn 2.67 Bn 103.57 Mn 27.48%
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2025 27.11%
Mar 31, 2025 19.10%
Jun 30, 2024 28.57%
Mar 31, 2024 12.90%
Dec 31, 2022 -62.96%
Sep 30, 2022 -18.98%
Dec 31, 2021 -39.52%
Dec 31, 2020 14.75%
Mar 31, 2020 15.39%
Mar 31, 2019 3.97%