Bilibili Inc. (BILI) Revenue History
Annual and quarterly revenue from 2015 to 2024
Compound Annual Growth Rate (CAGR)
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BILI Revenue Growth
Revenue Breakdown (FY 2024)
BILI's revenue distribution by segment and geography for fiscal year 2024
By Product/Segment
BILI Revenue Analysis (2015–2024)
As of May 8, 2026, Bilibili Inc. (BILI) generated trailing twelve-month (TTM) revenue of $29.38 billion, reflecting strong growth of +19.8% year-over-year. The most recent quarter (Q2 2025) recorded $7.34 billion in revenue, up 4.8% sequentially.
Looking at the longer-term picture, BILI's 5-year compound annual growth rate (CAGR) stands at +31.7%, indicating outstanding long-term growth trajectory. The company achieved its highest annual revenue of $26.83 billion in 2024, representing a new all-time high.
Revenue diversification analysis shows BILI's business is primarily driven by Value Added Services (44%), Advertising (33%), and Mobile Game Services (23%).
When compared to Technology sector peers including IQ (-10.6% YoY), HUYA (-2.1% YoY), and DOYU (-11.1% YoY), BILI has outperformed the peer group in terms of revenue growth. Compare BILI vs IQ →
BILI Revenue vs Peers
Revenue metrics vs comparable public companies
| Company | TTM Revenue | YoY Growth | 5Y CAGR | Op. Margin | Compare |
|---|---|---|---|---|---|
| BILICurrent | $29.4B | +19.8% | +31.7% | -5.0% | |
 IQ | $29.2B | -10.6% | +0.2% | 6.2% | |
 HUYA | $6.1B | -2.1% | +38.2% | -3.1% | |
 DOYU | $4.3B | -11.1% | -10.1% | -13.2% | |
 MOMO | $10.1B | -2.7% | -6.6% | 12.7% | |
 NFLX | $45.2B | +15.9% | +12.6% | 29.5% |
BILI Historical Revenue Data (2015–2024)
| Year | Revenue | YoY % | Gross Profit | Gross Margin | Op. Income | Op. Margin |
|---|---|---|---|---|---|---|
| 2024 | $26.83B | +19.1% | $8.77B | 32.7% | $-1,343,969,000 | -5.0% |
| 2023 | $22.53B | +2.9% | $5.44B | 24.2% | $-5,064,187,000 | -22.5% |
| 2022 | $21.90B | +13.0% | $3.85B | 17.6% | $-8,357,944,000 | -38.2% |
| 2021 | $19.38B | +61.5% | $4.04B | 20.9% | $-6,429,074,000 | -33.2% |
| 2020 | $12.00B | +77.0% | $2.84B | 23.7% | $-3,140,963,000 | -26.2% |
| 2019 | $6.78B | +64.2% | $1.19B | 17.6% | $-1,495,175,000 | -22.1% |
| 2018 | $4.13B | +67.3% | $855.4M | 20.7% | $-728,973,000 | -17.7% |
| 2017 | $2.47B | +371.7% | $549.2M | 22.2% | $-224,272,000 | -9.1% |
| 2016 | $523.3M | +299.5% | $-249,502,000 | -47.7% | $-894,717,000 | -171.0% |
| 2015 | $131.0M | - | $-172,572,000 | -131.7% | $-368,883,000 | -281.6% |
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Start ComparisonBILI — Frequently Asked Questions
Quick answers to the most common questions about buying BILI stock.
Is BILI's revenue growth accelerating or slowing?
BILI revenue is accelerating at +19.8% year-over-year, exceeding the 5-year CAGR of +31.7%. TTM revenue reached $29.4B. Growth momentum has increased versus prior periods.
What is BILI's long-term revenue growth rate?
Bilibili Inc.'s 5-year revenue CAGR of +31.7% reflects the sustained expansion pattern. Current YoY growth of +19.8% is above this long-term average.
How is BILI's revenue distributed by segment?
BILI reports revenue by product line and geographic region. Annual and quarterly breakdowns from 2015-2024 are available for download. Segment mix reveals concentration and diversification trends.