Bilibili (BILI) Net Margin (2017 - 2026)

Bilibili (BILI) posted quarterly Net Margin of 2.81% for Q1 2026, up 294.0% year-over-year from 0.71% in Q1 2025, and down 54.49% quarter-over-quarter from 6.17% in Q4 2025.

Bilibili (BILI) Net Margin (2017 - 2026) Analysis & Trends

Bilibili's Net Margin history runs 10 years deep, the most recent figure standing at 2.81% for Q1 2026.

  • In Q1 2026, Net Margin rose 294.0% year-over-year to 2.81%; the TTM figure through Mar 2026 stood at 4.58% (up 672.0% YoY), while the FY2025 annual figure was 3.83%, up 885.0% from the prior year.
  • Net Margin for Q1 2026 stood at 2.81%, down from 6.17% in the prior quarter.
  • The five-year high for Net Margin was 6.17% in Q4 2025, with the low at 40.02% in Q2 2022.
  • The 5-year median for Net Margin is 13.17% (2024), against an average of 12.92%.
  • Peak annual rise in Net Margin reached 10337 bps in 2022, while the deepest fall reached 1058 bps in 2022.
  • Bilibili's Net Margin stood at 21.36% in 2022, then decreased by 19 bps to 25.51% in 2023, then soared by 105 bps to 1.16% in 2024, then surged by 430 bps to 6.17% in 2025, then plunged by 54 bps to 2.81% in 2026.
  • Business Quant data shows BILI's Net Margin at 2.81% in Q1 2026, 6.17% in Q4 2025, and 6.12% in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Net Margin (Qtr)
1 Alphabet 4,165.61 Bn 3,736.57 Bn 73.85 Bn 93.58%
2 Meta Platforms 1,523.46 Bn 1,433.20 Bn 49.47 Bn 26.07%
3 Taboola.com 1,141.85 Bn 1,141.71 Bn 139.48 Mn 0.91%
4 Baidu 288.34 Bn 283.85 Bn 1.88 Mn 834.82%
5 Spotify Technology 103.44 Bn 93.20 Bn 1.75 Bn 15.91%
6 Joyy 77.39 Bn 76.50 Bn 205.64 Mn 9.28%
7 BILI Social International 60.58 Bn 60.58 Bn 405,933.00 15.03%
8 Nebius 50.20 Bn 40.57 Bn 295.20 Mn -1.45%
9 Reddit 30.00 Bn 27.22 Bn 734.60 Mn 31.41%
10 Bilibili 7.55 Bn 5.25 Bn 400.37 Mn 2.81%

Historic Data

Download Data
DateValue
Mar 31, 2026 2.81%
Dec 31, 2025 6.17%
Sep 30, 2025 6.12%
Jun 30, 2025 2.98%
Mar 31, 2025 -0.13%
Dec 31, 2024 1.16%
Sep 30, 2024 -1.09%
Jun 30, 2024 -9.93%
Mar 31, 2024 -13.17%
Dec 31, 2023 -25.51%
Sep 30, 2023 -15.12%
Jun 30, 2023 -29.16%
Mar 31, 2023 -20.29%
Dec 31, 2022 -21.36%
Sep 30, 2022 -30.42%
Jun 30, 2022 -40.02%
Mar 31, 2022 -32.70%
Dec 31, 2021 -124.73%
Sep 30, 2021 -30.98%
Jun 30, 2021 -29.44%