Bilibili Inc. (BLBLF) Gross Margin (2017 - 2026)

Bilibili (BLBLF) has reported Gross Margin for 10 consecutive years, with 37.11% the latest figure, recorded in Q1 2026.

• In Q1 2026, Gross Margin rose 86.0% year-over-year to 37.11%; the TTM figure through Mar 2026 stood at 36.83% (up 236.0% YoY), while the FY2025 annual figure was 36.62%, up 392.0% from the prior year.
• Gross Margin came in at 37.11% for Q1 2026 at Bilibili, roughly flat from 37.03% in the prior quarter.
• The five-year high for Gross Margin was 37.11% in Q1 2026, with the low at 15.04% in Q2 2022.
• Average Gross Margin over 5 years is 28.14%, with a median of 28.34% recorded in 2024.
• Across the five-year window, Gross Margin slumped 807 bps in 2022 and soared 991 bps in 2024, its largest moves.
• Year by year, Gross Margin stood at 20.34% in 2022, then increased by 29 bps to 26.15% in 2023, then jumped by 38 bps to 36.05% in 2024, then climbed by 3 bps to 37.03% in 2025, then climbed by 0 bps to 37.11% in 2026.
• According to Business Quant data, Gross Margin over the past three periods registered 37.11%, 37.03%, and 36.67% for Q1 2026, Q4 2025, and Q3 2025 respectively.