SHANGHAI, Aug. 21, 2025 (GLOBE NEWSWIRE) -- Bilibili Inc. ("Bilibili" or the "Company") (Nasdaq: BILI and HKEX: 9626), an iconic brand and a leading video community for young generations in China, today announced its unaudited financial results for the second quarter ended June 30, 2025. Second Quarter 2025 Highlights: Second Quarter 2025 Financial Results Total net revenues. Total net revenues were RMB7.34 billion (US$1,024.3 million), representing an increase of 20% from the same period of 2024. Value-add ...

Core Insights - Bilibili (BILI) is expected to report its second-quarter 2025 results on August 21, with earnings estimated at 17 cents per share and revenues projected at $1.02 billion, indicating a year-over-year growth of 20.71% [1][9] Group 1: Earnings and Revenue Expectations - The Zacks Consensus Estimate for Bilibili's second-quarter earnings is currently at 17 cents per share, a slight increase from the previous estimate [1] - The revenue consensus estimate stands at $1.02 billion, reflecting a year-over-year growth of 20.71% [1][9] - Bilibili has beaten the Zacks Consensus Estimate in three of the last four quarters, with an average positive earnings surprise of 24.29% [2] Group 2: Key Growth Drivers - Strong gaming momentum is anticipated to contribute positively to Bilibili's second-quarter performance, particularly from the game "San Guo: Mou Ding Tian Xia," which saw a significant update on May 31 [3] - The advertising platform enhancements, including Large Language Model (LLM)-powered targeting and AIGC-driven creative tools, have driven over 30% year-over-year growth in performance ads in the first quarter [4] - Bilibili's expanding subscriber base and record engagement metrics, including 368 million monthly active users (MAUs) and 32 million monthly paying users, are expected to support stable growth [5] Group 3: Profitability Challenges - Despite revenue growth, Bilibili's profitability in the second quarter is likely to be under pressure due to elevated sales and marketing costs, which rose by 26% year-over-year in the first quarter [6]

SHANGHAI, May 20, 2025 (GLOBE NEWSWIRE) -- Bilibili Inc. ("Bilibili" or the "Company") (NASDAQ: BILI and HKEX: 9626), an iconic brand and a leading video community for young generations in China, today announced its unaudited financial results for the first quarter ended March 31, 2025. Total net revenues. Total net revenues were RMB7.00 billion (US$965.1 million), representing an increase of 24% from the same period of 2024. Value-added services (VAS). Revenues from VAS were RMB2.81 billion (US$386.9 milli ...

Financial Data and Key Metrics Changes - Total revenues for Q4 reached RMB 7.7 billion, reflecting a year-over-year increase of 22%, while full-year revenues were RMB 26.8 billion, up 19% year-over-year [8][37] - The company achieved its first GAAP net profit in Q4 at RMB 89 million, with adjusted net profit reaching RMB 452 million [9][41] - Gross profit margin improved to 36.1% in Q4, up from 26.1% in the same period last year, contributing to a 68% year-over-year growth in gross profit [9][38] Business Line Data and Key Metrics Changes - Advertising revenues increased by 24% year-over-year in Q4 to RMB 2.4 billion, and for the full year, it grew by 28% to RMB 8.2 billion [22][64] - Mobile games revenues surged by 79% year-over-year in Q4 to RMB 1.8 billion, and for the year, it increased by 40% to RMB 5.6 billion [27][38] - VAS revenues grew by 8% in Q4 to RMB 3.1 billion and by 11% for the full year to RMB 11 billion [30][38] Market Data and Key Metrics Changes - Daily Active Users (DAUs) reached 103 million, while Monthly Active Users (MAUs) were 340 million, with users spending an average of 99 minutes daily on the platform [10][18] - The user base represents nearly 70% of China's Gen Z population, with an average age of 25, indicating a strong consumer demographic [10][66] Company Strategy and Development Direction - The company aims to enhance its content, community, and commercialization strategies, focusing on high-quality content as a key driver for user engagement and monetization [13][49] - The integration of AI technology is seen as a significant opportunity to enhance content creation and user engagement, leveraging high-quality data assets [12][58] Management's Comments on Operating Environment and Future Outlook - Management expressed optimism about the advertising business growth in 2025, expecting to maintain above-industry growth rates [24][74] - The company plans to continue expanding its user base and enhancing brand awareness through strategic partnerships and high-quality content initiatives [102][101] Other Important Information - The company completed a share repurchase program of up to USD 200 million, reflecting confidence in its cash flow generation [42][43] - The partnership with CCTV for the Spring Festival Gala significantly increased DAUs by 20% year-over-year during the event [96][99] Q&A Session Summary Question: What is the overall strategy for 2025 and the role of AI? - Management highlighted the importance of high-quality content and community growth as central to the strategy for 2025, with AI integration expected to enhance user engagement and content creation [46][47] Question: Can you elaborate on the drivers for strong advertisement growth in 2024? - The advertising business saw significant growth due to a high-quality user base and improved ad efficiency, with performance-based ads growing over 40% year-over-year [63][66] Question: What are the expectations for gross and net margins in 2025? - Management expects continued gross margin expansion, targeting a long-term gross margin of 40% to 45% and an operating profit margin of 15% to 20% [76][80] Question: How will the company expand its user base and brand awareness? - The company plans to leverage successful partnerships and high-quality content initiatives to attract new users and enhance brand equity [93][102]