Bilibili Inc. ADR Z

Bilibili reported its first GAAP annual profit for 2025 and a non-GAAP net income of RMB 2,588 million (margin 8.5%). In the fourth quarter, revenue rose to RMB 8.3 billion (+8% year/year) and gross margin increased to 37.0%, with a net profit margin of 10.6%. The platform recorded 113 million daily active users, 366 million monthly users and 36 million paying users, while advertising (33%) and value-added services (38%) were growing revenue drivers. Bilibili is targeting 2026 gross margins of 40–45% and an adjusted operating margin of 15–20% and is stepping up use of AI to improve efficiency. » More on de.investing.com

Bilibili reported Q3 2025 EPS of $1.29 (expectation $1.46) and revenue of $7.34 billion (expectation $7.65 billion), both below analyst expectations. The stock fell about 4.8% in premarket trading. Operationally the company showed growth: revenue +5% to RMB 7.7 billion, gross profit +11% and an improved gross margin of 36.7%; daily active users rose 9%. Bilibili continues to focus on AI and game development, targeting a mid-term gross margin of 40–45% and an adjusted operating margin of 15–30%. » More on de.investing.com

Bilibili Inc. reported revenue of $7.34 billion for Q2 2025 (up 20% year-on-year) and earnings per share of $1.29, both slightly above analysts' expectations. Despite strong margins and user growth, the stock fell about 4.8% in premarket trading, pointing to market volatility and concerns about future growth. » More on de.investing.com