Bilibili Inc. (BILI) Operating Expenses (2017 - 2026)

Bilibili (BILI) has reported Operating Expenses for 10 consecutive years, with -$376.3 million the latest figure, recorded in Q1 2026.

• In Q1 2026, Operating Expenses fell 8.19% year-over-year to -$376.3 million; the TTM figure through Mar 2026 stood at -$1.4 billion (changed 0.14% YoY), while the FY2025 annual figure was $1.4 billion, up 3.06% from the prior year.
• Operating Expenses came in at -$376.3 million for Q1 2026 at Bilibili, down from -$363.4 million in the prior quarter.
• The five-year high for Operating Expenses was -$334.1 million in Q2 2024, with the low at -$502.9 million in Q4 2022.
• Average Operating Expenses over 5 years is -$380.8 million, with a median of -$363.4 million recorded in 2025.
• The largest YoY upside for Operating Expenses was 69.3% in 2022 against a maximum downside of 45.15% in 2022.
• Year by year, Operating Expenses stood at -$502.9 million in 2022, then rose by 18.13% to -$411.8 million in 2023, then rose by 10.0% to -$370.6 million in 2024, then rose by 1.94% to -$363.4 million in 2025, then dropped by 3.55% to -$376.3 million in 2026.
• According to Business Quant data, Operating Expenses over the past three periods registered -$376.3 million, -$363.4 million, and -$344.3 million for Q1 2026, Q4 2025, and Q3 2025 respectively.