Loading...
•
Mar 31, 2025
Bilibili Q1 2025 Earnings Report
Bilibili reported strong revenue growth and significantly narrowed its net loss in Q1 2025.
Key Takeaways
Bilibili posted $965.1M in revenue, driven by mobile games and advertising. Net loss was nearly eliminated, while adjusted EPS turned positive. Gross margin rose significantly as monetization efficiency improved.
Revenue grew to $965.1M, up from $778M last quarter
Net loss narrowed sharply to $1.5M
Adjusted EPS turned positive at $0.12
Mobile games revenue surged to $238.6M
Revenue by Segment
Revenue by Geographic Location
Forward Guidance
Management aims to continue revenue growth through improved monetization, while maintaining profitability and scaling high-margin businesses.
Positive Outlook
- Momentum in advertising and gaming expected to continue
- User engagement and paying user metrics at record levels
- Gross margin improvements likely to persist
- Strong operating cash flow generation
- Platform seen as well-positioned for long-term growth
Challenges Ahead
- Losses from investments and FX remain a concern
- Advertising revenue subject to macroeconomic shifts
- High marketing expenses for partnerships may recur
- Competition in mobile gaming could pressure growth
- Content costs and platform investments may increase
Revenue & Expenses
Visualization of income flow from segment revenue to net income
Historical Earnings Impact
Analyze how earnings announcements historically affect stock price performance
Avg. Return Before/After Earnings
Loading earnings performance data...
Loading earnings reaction data...