Bilibili posts first full-year profit as ads and user engagement grow

May 20, 2026 - 02:01
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Bilibili posts first full-year profit as ads and user engagement grow

Bilibili reported its 2025 fourth-quarter and full-year results on March 5, achieving its first full-year profit under U.S. GAAP. The company posted annual revenue of RMB 30.35 billion ($4.2 billion), up 13% year-on-year, with adjusted net profit reaching RMB 2.59 billion ($360 million).

Advertising revenue rose 23% to RMB 10.06 billion ($1.39 billion) in 2025, while value-added services revenue increased 8% to RMB 11.93 billion ($1.65 billion). Mobile gaming revenue reached RMB 6.39 billion ($880 million), up 14% from the previous year.

In the fourth quarter, daily active users reached 113 million and monthly active users totaled 366 million, while average daily usage time increased to 107 minutes. [Securities Times, in Chinese]

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