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 Reddit 33.22 Bn 30.45 Bn 511.94 Mn 311.16 Mn
6 Pinterest 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
DateValue
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