Bilibili (BILI) Free Cash Flow (2019 - 2025)
Bilibili (BILI) recorded quarterly Free Cash Flow of $275.0 million in Q2 2025, up 49.19% quarter-over-quarter from $184.3 million in Q1 2025, and up 13.73% on a YoY basis from $241.8 million in Q2 2024.
Bilibili (BILI) Free Cash Flow (2019 - 2025) Analysis & Trends
Bilibili's Free Cash Flow history runs 6 years deep, the most recent figure standing at $275.0 million for Q2 2025.
- In Q2 2025, Free Cash Flow rose 13.73% year-over-year to $275.0 million; the TTM figure through Mar 2026 stood at $275.0 million (down 35.46% YoY), while the FY2025 annual figure was $948.7 million, up 24.78% from the prior year.
- Free Cash Flow was $275.0 million for Q2 2025 at Bilibili, up from $184.3 million in the prior quarter.
- In the past five years, Free Cash Flow ranged from a high of $275.0 million in Q2 2025 to a low of -$657.2 million in Q4 2022.
- Historically, Free Cash Flow has averaged -$78.8 million across 4 years, with a median of $102.2 million in 2024.
- The sharpest annual moves came in 2021 and 2025: Free Cash Flow slumped 457.92% in 2021, then surged 80.39% in 2025.
- A 4-year view of Free Cash Flow shows it stood at -$537.0 million in 2021, then fell by 22.38% to -$657.2 million in 2022, then surged by 136.8% to $241.8 million in 2024, then grew by 13.73% to $275.0 million in 2025.
- The last three Free Cash Flow figures came in at $275.0 million (Q2 2025), $184.3 million (Q1 2025), and $241.8 million (Q2 2024), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Free Cash Flow (Qtr) |
|---|---|---|---|---|---|
| 1 | Nebius | 1,913,603.98 Bn | 1,913,603.98 Bn | 295.20 Mn | 4.73 Bn |
| 2 | Alphabet | 4,425.33 Bn | 4,209.71 Bn | 102.29 Bn | 10.12 Bn |
| 3 | Meta Platforms | 1,502.66 Bn | 1,421.48 Bn | 46.09 Bn | 16.19 Bn |
| 4 | Spotify Technology | 119.69 Bn | 109.44 Bn | 1.75 Bn | 984.60 Mn |
| 5 | 33.22 Bn | 30.45 Bn | 511.94 Mn | 311.16 Mn | |
| 6 | 13.64 Bn | 12.34 Bn | 768.96 Mn | 311.68 Mn | |
| 7 | Kanzhun | 13.02 Bn | 10.92 Bn | 255.62 Bn | 171.82 Mn |
| 8 | Snap | 9.72 Bn | 6.90 Bn | 1.29 Bn | 286.01 Mn |
| 9 | Zillow | 8.26 Bn | 7.48 Bn | 519.00 Mn | 166.00 Mn |
| 10 | Bilibili | 1,260.36 | -2.30 Bn | 400.37 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2025 | 275.02 Mn |
| Jun 30, 2025 | 275.02 Mn |
| Mar 31, 2025 | 184.34 Mn |
| Mar 31, 2025 | 184.34 Mn |
| Jun 30, 2024 | 241.81 Mn |
| Jun 30, 2024 | 241.81 Mn |
| Mar 31, 2024 | 102.19 Mn |
| Mar 31, 2024 | 102.19 Mn |
| Dec 31, 2022 | -657.16 Mn |
| Dec 31, 2022 | -657.16 Mn |
| Sep 30, 2022 | -160.76 Mn |
| Sep 30, 2022 | -160.76 Mn |
| Dec 31, 2021 | -536.99 Mn |
| Dec 31, 2021 | -536.99 Mn |
| Dec 31, 2020 | -96.25 Mn |
| Dec 31, 2020 | -96.25 Mn |
| Mar 31, 2020 | 50.94 Mn |
| Mar 31, 2020 | 50.94 Mn |
| Mar 31, 2019 | 8.08 Mn |
| Mar 31, 2019 | 8.08 Mn |