Bilibili (BILI) Operating Expenses (2017 - 2026)

Bilibili's Operating Expenses history runs 10 years deep, the most recent figure standing at -$376.3 million for 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 for Q1 2026 stood at -$376.3 million, 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.
• The 5-year median for Operating Expenses is -$363.4 million (2025), against an average of -$380.8 million.
• Peak annual rise in Operating Expenses reached 69.3% in 2022, while the deepest fall reached 45.15% in 2022.
• Bilibili's Operating Expenses stood at -$502.9 million in 2022, then advanced by 18.13% to -$411.8 million in 2023, then advanced by 10.0% to -$370.6 million in 2024, then advanced by 1.94% to -$363.4 million in 2025, then fell by 3.55% to -$376.3 million in 2026.
• Business Quant data shows BILI's Operating Expenses at -$376.3 million in Q1 2026, -$363.4 million in Q4 2025, and -$344.3 million in Q3 2025.