Bilibili (BLBLF) Operating Expenses (2017 - 2026)
Bilibili's quarterly Operating Expenses came in at -$376.3 million in Q1 2026, down 8.37% year-on-year from -$410.7 million in Q1 2025, and down 3.55% quarter-over-quarter from -$363.4 million in Q4 2025.
Bilibili has reported Operating Expenses for 2 years, with the latest figure at -$376.3 million in Q1 2026.
- For the quarter ending Q1 2026, Operating Expenses fell 8.37% year-over-year to -$376.3 million; the trailing twelve-month figure through Mar 2026 stood at -$1.1 billion (down 213.03% YoY), and the FY2025 full-year result 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 -$347.2 million in Q1 2025, with the low at -$376.3 million in Q1 2026.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Alphabet | 4,554.43 Bn | 4,338.81 Bn | 102.29 Bn | 70.20 Bn |
| 2 | Meta Platforms | 1,602.78 Bn | 1,521.60 Bn | 46.09 Bn | 33.44 Bn |
| 3 | Spotify Technology | 119.86 Bn | 109.62 Bn | 1.75 Bn | 512.79 Mn |
| 4 | 33.71 Bn | 30.94 Bn | 511.94 Mn | 480.50 Mn | |
| 5 | Nebius | 22.38 Bn | 22.38 Bn | 295.20 Mn | 527.00 Mn |
| 6 | 12.76 Bn | 11.46 Bn | 768.96 Mn | 1.09 Bn | |
| 7 | Kanzhun | 12.59 Bn | 10.49 Bn | 255.62 Bn | -209.66 Bn |
| 8 | Snap | 9.64 Bn | 6.81 Bn | 1.29 Bn | 1.60 Bn |
| 9 | Match | 8.43 Bn | 7.41 Bn | 653.28 Mn | 627.52 Mn |
| 10 | Bilibili | - | - | 400.37 Mn | -376.30 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 | -1.64 Bn |
| Sep 30, 2021 | -447.74 Mn |
| Jun 30, 2021 | -388.37 Mn |
| Mar 31, 2021 | -303.73 Mn |
| Dec 31, 2020 | -278.77 Mn |
| Sep 30, 2020 | -266.54 Mn |
| Jun 30, 2020 | -171.35 Mn |
| Mar 31, 2020 | -151.77 Mn |
| Dec 31, 2019 | -116.04 Mn |
| Sep 30, 2019 | -110.48 Mn |
| Jun 30, 2019 | -87.61 Mn |
| Mar 31, 2019 | -73.46 Mn |
| Dec 31, 2018 | -70.26 Mn |
| Sep 30, 2018 | -66.71 Mn |
| Jun 30, 2018 | -56.13 Mn |
| Mar 31, 2018 | -45.17 Mn |
| Dec 31, 2017 | -35.93 Mn |
| Sep 30, 2017 | -30.98 Mn |
| Jun 30, 2017 | -27.74 Mn |
| Mar 31, 2017 | -20.16 Mn |