Bilibili BILI Revenue Breakdown

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At close: Sep 18, 2026 · 4:00 PM EDT
Annual revenue breakdowns for Bilibili Inc., fiscal 2016 to 2024, as reported in its filings.
Annual history

Bilibili Inc. Revenue by Product and Service

Years FY 2016–2024
Lines 4
FY 2024 Total $26.83B

Value-Added Services was the largest of Bilibili Inc.’s 4 reported lines in fiscal 2024, at $11.00B — 41% of $26.83B.

Bilibili Inc. revenue by product and service, fiscal 2016 to 2024
Product and Service FY 2016 FY 2018 FY 2020 FY 2021 FY 2024
Value-Added Services $6.93B $11.00B
Advertising $4.52B $8.19B
Mobile Games $5.09B $5.61B
Ip Derivatives & Others $2.03B
Total $19.38B $26.83B
Totals include 4 discontinued lines from earlier reporting.

Bilibili Inc. revenue by product and service: what the figures show

In fiscal 2024, which ended December 31, 2024, the 4 revenue lines Bilibili Inc. reported in this breakdown added up to $26.83B. The revenue lines reported changed from fiscal 2021, so the total is not directly comparable with the $19.38B reported that year. Value-Added Services was the largest revenue line, at $11.00B or 41.0% of the total, followed by Advertising ($8.19B, 30.5%) and Mobile Games ($5.61B, 20.9%). Together, the two largest revenue lines made up 71.5% of this total.

Compared with fiscal 2021, the latest earlier year reported, Advertising grew the fastest, rising 81.0% to $8.19B. Every sizeable revenue line reported in both years grew. Because revenue lines were added or dropped between the two years, part of this reflects how Bilibili Inc. regrouped its reporting.

Ip Derivatives & Others was first reported as a separate revenue line in fiscal 2024. The table also keeps 4 revenue lines that Bilibili Inc. no longer reports, so earlier years can still be read on their original basis; use "Show 4 discontinued" beneath the table to see them. This breakdown covers 5 fiscal years between 2016 and 2024, as reported in Bilibili Inc.'s annual filings.

Questions

Bilibili Inc. Revenue Breakdown FAQ

How does Bilibili Inc. make money?

Bilibili Inc. (BILI) breaks its revenue down by revenue line. In fiscal 2024, its largest revenue line was Value-Added Services, with $11.00B or 41.0% of the total, followed by Advertising at $8.19B (30.5%).

What is Bilibili Inc.'s largest revenue line?

Value-Added Services was Bilibili Inc.'s largest revenue line in fiscal 2024, with $11.00B in revenue, 41.0% of the $26.83B reported across its 4 revenue lines.

Where does this revenue breakdown data come from?

Every figure is taken from Bilibili Inc.'s annual financial filings and shown as reported: each line keeps the name the company gives it, years follow its own fiscal calendar, and lines it has stopped reporting stay in the table for the years they were reported.

How far back does Bilibili Inc.'s revenue breakdown go?

The breakdown by revenue line covers fiscal 2016 to 2024. The latest four fiscal years are free to view, and the full history is available with a Business Quant subscription.