Bilibili Inc
NASDAQ:BILI
Income Statement
Earnings Waterfall
Bilibili Inc
Revenue
|
22.5B
CNY
|
Cost of Revenue
|
-17.1B
CNY
|
Gross Profit
|
5.4B
CNY
|
Operating Expenses
|
-10.5B
CNY
|
Operating Income
|
-5.1B
CNY
|
Other Expenses
|
241.9m
CNY
|
Net Income
|
-4.8B
CNY
|
Income Statement
Bilibili Inc
Sep-2017 | Dec-2017 | Mar-2018 | Jun-2018 | Sep-2018 | Dec-2018 | Mar-2019 | Jun-2019 | Sep-2019 | Dec-2019 | Mar-2020 | Jun-2020 | Sep-2020 | Dec-2020 | Mar-2021 | Jun-2021 | Sep-2021 | Dec-2021 | Mar-2022 | Jun-2022 | Sep-2022 | Dec-2022 | Mar-2023 | Jun-2023 | Sep-2023 | Dec-2023 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | |||||||||||||||||||||||||||
Revenue |
1 952
N/A
|
2 468
+26%
|
2 912
+18%
|
3 356
+15%
|
3 707
+10%
|
4 129
+11%
|
4 634
+12%
|
5 146
+11%
|
5 926
+15%
|
6 778
+14%
|
7 720
+14%
|
8 800
+14%
|
10 167
+16%
|
11 999
+18%
|
13 585
+13%
|
15 462
+14%
|
17 443
+13%
|
19 384
+11%
|
20 537
+6%
|
20 950
+2%
|
21 538
+3%
|
21 899
+2%
|
21 915
+0%
|
22 310
+2%
|
22 321
+0%
|
22 528
+1%
|
|
Gross Profit | |||||||||||||||||||||||||||
Cost of Revenue |
(1 604)
|
(1 919)
|
(2 211)
|
(2 542)
|
(2 873)
|
(3 273)
|
(3 803)
|
(4 313)
|
(4 936)
|
(5 588)
|
(6 189)
|
(6 916)
|
(7 873)
|
(9 159)
|
(10 337)
|
(11 830)
|
(13 554)
|
(15 341)
|
(16 624)
|
(17 289)
|
(17 840)
|
(18 050)
|
(17 769)
|
(17 675)
|
(17 290)
|
(17 086)
|
|
Gross Profit |
349
N/A
|
549
+57%
|
701
+28%
|
814
+16%
|
834
+2%
|
855
+3%
|
832
-3%
|
833
+0%
|
989
+19%
|
1 190
+20%
|
1 531
+29%
|
1 884
+23%
|
2 294
+22%
|
2 840
+24%
|
3 248
+14%
|
3 633
+12%
|
3 890
+7%
|
4 043
+4%
|
3 913
-3%
|
3 662
-6%
|
3 698
+1%
|
3 849
+4%
|
4 146
+8%
|
4 635
+12%
|
5 031
+9%
|
5 442
+8%
|
|
Operating Income | |||||||||||||||||||||||||||
Operating Expenses |
(894)
|
(774)
|
(922)
|
(1 089)
|
(1 336)
|
(1 585)
|
(1 793)
|
(2 033)
|
(2 353)
|
(2 685)
|
(3 264)
|
(3 881)
|
(4 951)
|
(5 981)
|
(6 875)
|
(8 171)
|
(9 222)
|
(10 472)
|
(11 301)
|
(11 721)
|
(11 728)
|
(11 340)
|
(11 888)
|
(11 464)
|
(11 118)
|
(10 506)
|
|
Selling, General & Administrative |
(671)
|
(493)
|
(591)
|
(690)
|
(865)
|
(1 047)
|
(1 175)
|
(1 331)
|
(1 551)
|
(1 791)
|
(2 258)
|
(2 761)
|
(3 677)
|
(4 468)
|
(5 079)
|
(6 032)
|
(6 696)
|
(7 632)
|
(8 033)
|
(7 995)
|
(7 659)
|
(7 100)
|
(7 105)
|
(6 765)
|
(6 484)
|
(6 039)
|
|
Research & Development |
(223)
|
(280)
|
(331)
|
(399)
|
(471)
|
(537)
|
(618)
|
(702)
|
(803)
|
(894)
|
(1 006)
|
(1 120)
|
(1 274)
|
(1 513)
|
(1 796)
|
(2 139)
|
(2 526)
|
(2 840)
|
(3 268)
|
(3 726)
|
(4 069)
|
(4 240)
|
(4 783)
|
(4 699)
|
(4 634)
|
(4 467)
|
|
Operating Income |
(545)
N/A
|
(224)
+59%
|
(221)
+1%
|
(275)
-25%
|
(502)
-83%
|
(729)
-45%
|
(961)
-32%
|
(1 200)
-25%
|
(1 364)
-14%
|
(1 495)
-10%
|
(1 733)
-16%
|
(1 997)
-15%
|
(2 658)
-33%
|
(3 141)
-18%
|
(3 628)
-15%
|
(4 538)
-25%
|
(5 333)
-18%
|
(6 429)
-21%
|
(7 389)
-15%
|
(8 059)
-9%
|
(8 030)
+0%
|
(7 490)
+7%
|
(7 742)
-3%
|
(6 829)
+12%
|
(6 087)
+11%
|
(5 064)
+17%
|
|
Pre-Tax Income | |||||||||||||||||||||||||||
Interest Income Expense |
12
|
31
|
38
|
68
|
74
|
163
|
252
|
268
|
280
|
201
|
94
|
83
|
60
|
45
|
165
|
583
|
(179)
|
(295)
|
(1 073)
|
(1 466)
|
(577)
|
(522)
|
506
|
262
|
(54)
|
185
|
|
Non-Reccuring Items |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
451
|
1 655
|
1 601
|
1 611
|
13
|
|
Total Other Income |
11
|
19
|
19
|
24
|
22
|
26
|
38
|
25
|
15
|
26
|
29
|
48
|
46
|
96
|
99
|
50
|
33
|
10
|
387
|
567
|
618
|
158
|
(166)
|
(322)
|
(388)
|
133
|
|
Pre-Tax Income |
(522)
N/A
|
(175)
+66%
|
(164)
+6%
|
(184)
-12%
|
(406)
-121%
|
(539)
-33%
|
(672)
-25%
|
(906)
-35%
|
(1 069)
-18%
|
(1 268)
-19%
|
(1 609)
-27%
|
(1 866)
-16%
|
(2 552)
-37%
|
(3 001)
-18%
|
(3 364)
-12%
|
(3 905)
-16%
|
(5 480)
-40%
|
(6 713)
-23%
|
(8 076)
-20%
|
(8 959)
-11%
|
(7 990)
+11%
|
(7 404)
+7%
|
(5 747)
+22%
|
(5 288)
+8%
|
(4 918)
+7%
|
(4 733)
+4%
|
|
Net Income | |||||||||||||||||||||||||||
Tax Provision |
(10)
|
(9)
|
(10)
|
(10)
|
(19)
|
(26)
|
(31)
|
(41)
|
(38)
|
(36)
|
(37)
|
(36)
|
(46)
|
(53)
|
(57)
|
(66)
|
(77)
|
(95)
|
(113)
|
(118)
|
(117)
|
(104)
|
(106)
|
(103)
|
(94)
|
(79)
|
|
Income from Continuing Operations |
(532)
|
(184)
|
(174)
|
(194)
|
(426)
|
(565)
|
(703)
|
(948)
|
(1 107)
|
(1 304)
|
(1 647)
|
(1 902)
|
(2 598)
|
(3 054)
|
(3 420)
|
(3 971)
|
(5 557)
|
(6 809)
|
(8 188)
|
(9 077)
|
(8 106)
|
(7 508)
|
(5 853)
|
(5 391)
|
(5 012)
|
(4 812)
|
|
Income to Minority Interest |
0
|
0
|
1
|
1
|
3
|
13
|
22
|
24
|
21
|
15
|
8
|
10
|
31
|
42
|
40
|
37
|
28
|
20
|
20
|
23
|
16
|
11
|
11
|
8
|
(8)
|
(11)
|
|
Net Income (Common) |
(902)
N/A
|
(572)
+37%
|
(572)
N/A
|
(395)
+31%
|
(556)
-41%
|
(616)
-11%
|
(682)
-11%
|
(924)
-35%
|
(1 086)
-18%
|
(1 289)
-19%
|
(1 638)
-27%
|
(1 892)
-15%
|
(2 567)
-36%
|
(3 012)
-17%
|
(3 380)
-12%
|
(3 934)
-16%
|
(5 529)
-41%
|
(6 789)
-23%
|
(8 168)
-20%
|
(9 054)
-11%
|
(8 090)
+11%
|
(7 497)
+7%
|
(5 843)
+22%
|
(5 383)
+8%
|
(5 021)
+7%
|
(4 822)
+4%
|
|
EPS (Diluted) |
-13.01
N/A
|
-2.05
+84%
|
-2.05
N/A
|
-1.44
+30%
|
-2
-39%
|
-2.64
-32%
|
-2.18
+17%
|
-2.83
-30%
|
-3.31
-17%
|
-3.99
-21%
|
-4.99
-25%
|
-5.42
-9%
|
-7.3
-35%
|
-8.71
-19%
|
-9.51
-9%
|
-10.22
-7%
|
-14.25
-39%
|
-17.87
-25%
|
-20.75
-16%
|
-22.93
-11%
|
-20.47
+11%
|
-18.99
+7%
|
-14.22
+25%
|
-13.02
+8%
|
-12.12
+7%
|
-11.67
+4%
|