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CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE LOSS
¥ in Thousands, $ in Thousands
12 Months Ended
Dec. 31, 2024
CNY (¥)
¥ / shares
shares
Dec. 31, 2024
USD ($)
$ / shares
shares
Dec. 31, 2023
CNY (¥)
¥ / shares
shares
Dec. 31, 2022
CNY (¥)
¥ / shares
shares
Net revenues ¥ 26,831,525 $ 3,675,904 ¥ 22,527,987 ¥ 21,899,167
Cost of revenues (18,057,562) (2,473,876) (17,086,122) (18,049,872)
Gross profit 8,773,963 1,202,028 5,441,865 3,849,295
Operating expenses:        
Sales and marketing expenses (4,401,655) (603,024) (3,916,150) (4,920,745)
General and administrative expenses (2,031,063) (278,254) (2,122,432) (2,521,134)
Research and development expenses (3,685,214) (504,872) (4,467,470) (4,765,360)
Total operating expenses (10,117,932) (1,386,150) (10,506,052) (12,207,239)
Loss from operations (1,343,969) (184,122) (5,064,187) (8,357,944)
Other income/(expense):        
Investment loss, net (including impairments) (470,081) (64,401) (435,644) (532,485)
Interest income 434,980 59,592 542,472 281,051
Interest expense (89,193) (12,219) (164,927) (250,923)
Exchange losses (68,715) (9,414) (35,575) (19,745)
Debt extinguishment gain/(loss) (38,629) (5,292) 292,213 1,318,594
Others, net 175,412 24,031 132,640 157,944
Total other income/(expense), net (56,226) (7,703) 331,179 954,436
Loss before income tax expenses (1,400,195) (191,825) (4,733,008) (7,403,508)
Income tax (expense)/benefit 36,544 5,007 (78,705) (104,145)
Net loss (1,363,651) (186,818) (4,811,713) (7,507,653)
Net loss/(profit) attributable to noncontrolling interests 16,851 2,309 (10,608) 10,640
Net loss attributable to the Bilibili Inc.'s shareholders (1,346,800) (184,509) (4,822,321) (7,497,013)
Net loss (1,363,651) (186,818) (4,811,713) (7,507,653)
Other comprehensive income:        
Foreign currency translation adjustments 54,339 7,444 154,367 337,972
Total other comprehensive income 54,339 7,444 154,367 337,972
Total comprehensive loss (1,309,312) (179,374) (4,657,346) (7,169,681)
Comprehensive loss/(income) attributable to noncontrolling interests 16,851 2,309 (10,608) 10,640
Comprehensive loss attributable to the Bilibili Inc.'s shareholders ¥ (1,292,461) $ (177,065) ¥ (4,667,954) ¥ (7,159,041)
Net loss per share/ADS, basic | (per share) ¥ (3.23) $ (0.44) ¥ (11.67) ¥ (18.99)
Net loss per share/ADS, diluted | (per share) ¥ (3.23) $ (0.44) ¥ (11.67) ¥ (18.99)
Cost of revenues        
Share-based compensation expenses included in:        
Share-based compensation expenses ¥ 84,178 $ 11,532 ¥ 63,724 ¥ 69,096
Sales and marketing expenses        
Share-based compensation expenses included in:        
Share-based compensation expenses 60,460 8,283 56,649 59,041
General and administrative expenses        
Share-based compensation expenses included in:        
Share-based compensation expenses 568,194 77,842 596,950 554,976
Research and development expenses        
Share-based compensation expenses included in:        
Share-based compensation expenses ¥ 403,380 $ 55,263 ¥ 415,321 ¥ 357,570
ADSs        
Other comprehensive income:        
Net loss per share/ADS, basic | (per share) ¥ (3.23) $ (0.44) ¥ (11.67) ¥ (18.99)
Net loss per share/ADS, diluted | (per share) ¥ (3.23) $ (0.44) ¥ (11.67) ¥ (18.99)
Weighted average number of ordinary shares/ADSs, basic | shares 416,470,256 416,470,256 413,210,271 394,863,584
Weighted average number of ordinary shares/ADSs, diluted | shares 416,470,256 416,470,256 413,210,271 394,863,584
Ordinary shares        
Other comprehensive income:        
Weighted average number of ordinary shares/ADSs, basic | shares 416,470,256 416,470,256 413,210,271 394,863,584
Weighted average number of ordinary shares/ADSs, diluted | shares 416,470,256 416,470,256 413,210,271 394,863,584