Bilibili (BILI) Research & Development (2017 - 2026)

Bilibili has reported Research & Development for 10 years, with the latest figure at -$148.1 million in Q2 2026.

• On a quarterly basis, Research & Development fell 23.66% year-over-year to -$148.1 million in Q2 2026; TTM through Jun 2026 was -$537.4 million, a 9.63% decrease from a year earlier, with the FY2025 full-year figure at -$505.3 million, changed 0.08% from the prior year.
• Research & Development was -$148.1 million for Q2 2026 at Bilibili, down from -$133.0 million in the prior quarter.
• The five-year high for Research & Development was -$116.0 million in Q1 2025, with the low at -$210.0 million in Q4 2022.
• Average Research & Development over 5 years is -$145.7 million, with a median of -$141.2 million recorded in 2024.
• The largest YoY upside for Research & Development was 52.71% in 2022 against a maximum downside of 77.57% in 2022.
• Over 5 years, Research & Development stood at -$210.0 million in 2022, then increased by 12.23% to -$184.3 million in 2023, then soared by 30.57% to -$128.0 million in 2024, then retreated by 1.47% to -$129.9 million in 2025, then slipped by 14.07% to -$148.1 million in 2026.
• The last three Research & Development figures came in at -$148.1 million (Q2 2026), -$133.0 million (Q1 2026), and -$129.9 million (Q4 2025), per Business Quant data.