Bilibili (BILI) Operating Expenses (2017 - 2026)
Bilibili (BILI) reported Operating Expenses of -$379.21 million for Q2 2026, compared with -$335.16 million a year earlier.
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Analysis
Bilibili (BILI) Operating Expenses (2017 - 2026) Analysis & Trends
Over the twelve months ended Jun 30, 2026, Bilibili's Operating Expenses came in at -$1.46 billion; for FY2025, it came in at -$1.43 billion.
- By year, Operating Expenses came in at -$1.39 billion in FY2024, -$1.48 billion in FY2023, -$1.77 billion in FY2022 and -$1.64 billion in FY2021.
- The Q2 2026 figure ranks as the lowest quarterly Operating Expenses since Q4 2023.
- Per Business Quant data, the three quarters before Q2 2026 came in at -$376.3 million (Q1 2026), -$363.39 million (Q4 2025) and -$344.26 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Alphabet | 4,185.47 Bn | 3,943.00 Bn | 73.85 Bn | 79.03 Bn |
| 2 | Meta Platforms | 1,794.56 Bn | 1,497.08 Bn | 49.47 Bn | 42.03 Bn |
| 3 | Netflix | 292.71 Bn | 252.90 Bn | 6.52 Bn | 1.51 Bn |
| 4 | Alibaba Group Holding | 251.74 Bn | 65.51 Bn | 15.11 Bn | -5.17 Bn |
| 5 | Shopify | 221.57 Bn | 198.76 Bn | 1.71 Bn | 1.22 Bn |
| 6 | Uber Technologies | 142.45 Bn | 114.25 Bn | 6.38 Bn | 12.30 Bn |
| 7 | Booking Holdings | 124.83 Bn | 57.88 Bn | - | 4.85 Bn |
| 8 | PDD Holdings | 113.76 Bn | -130.01 Bn | 9.45 Bn | -5.39 Bn |
| 9 | Spotify Technology | 106.73 Bn | 64.23 Bn | 1.86 Bn | 640.46 Mn |
| 10 | Bilibili | 11.74 Bn | 2.21 Bn | 433.97 Mn | -379.21 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -379.21 Mn |
| Mar 31, 2026 | -376.30 Mn |
| Dec 31, 2025 | -363.39 Mn |
| Sep 30, 2025 | -344.26 Mn |
| Jun 30, 2025 | -335.16 Mn |
| Mar 31, 2025 | -347.83 Mn |
| Dec 31, 2024 | -370.56 Mn |
| Sep 30, 2024 | -364.71 Mn |
| Jun 30, 2024 | -334.06 Mn |
| Mar 31, 2024 | -338.98 Mn |
| Dec 31, 2023 | -411.75 Mn |
| Sep 30, 2023 | -353.58 Mn |
| Jun 30, 2023 | -357.68 Mn |
| Mar 31, 2023 | -362.30 Mn |
| Dec 31, 2022 | 502.91 Mn |
| Sep 30, 2022 | -424.43 Mn |
| Jun 30, 2022 | -444.23 Mn |
| Mar 31, 2022 | -440.86 Mn |
| Dec 31, 2021 | 484.45 Mn |
| Sep 30, 2021 | -447.74 Mn |
API Access
Bilibili Operating Expenses API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=operating-expenses&ticker=BILI&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-expenses", "ticker": "BILI", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=operating-expenses&ticker=BILI&period=max&api_key=YOUR_API_KEY");
const data = await res.json();