Quarterly ResultMay 19, 2026, 06:02 AM
Bilibili Q1 Net Profit RMB202M (vs. Loss); Revenue +7% to RMB7.47B
AI Summary
Bilibili Inc. announced its Q1 2026 financial results, reporting a net profit of RMB202.0 million (US$29.3 million) compared to a net loss in the prior year, and adjusted net profit increased by 62% year-over-year. Total net revenues grew 7% to RMB7.47 billion (US$1.08 billion), primarily driven by a 30% increase in advertising revenues. The company also achieved an improved gross profit margin of 37.1% and saw an 8% rise in average daily active users to 115.2 million. Additionally, Bilibili completed its US$200 million share repurchase program.
Key Highlights
- Net profit RMB202.0M (US$29.3M) compared to a net loss of RMB10.7M in Q1 2025.
- Adjusted net profit RMB585.4M (US$84.9M), an increase of 62% year over year.
- Total net revenues RMB7.47B (US$1.08B), representing a 7% increase year over year.
- Advertising revenues RMB2.59B (US$375.3M), increasing 30% year over year.
- Gross profit margin reached 37.1%, improving from 36.3% in Q1 2025.
- Average daily active users (DAUs) were 115.2M, an increase of 8% year over year.
- Average daily time spent was 119 minutes, an increase of 11 minutes year over year.
- US$200M share repurchase program completed, with 9.9M securities repurchased.
Price Impact
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