Overview
China video platform's Q4 revenue rose 8% yr/yr, driven by advertising growth
Q4 net profit surged 478% yr/yr, adjusted net profit up 94%
Gross profit margin improved to 37% from 36.1% in Q4 2024
Outlook
Bilibili expects AI to reshape content creation in 2026
Company aims to drive sustainable growth in 2026
Bilibili plans to allocate capital to support future growth
Result Drivers
ADVERTISING GROWTH - Advertising revenues increased 27% yr/yr due to improved product offerings and efficiency
COST CONTROL - Sales and marketing expenses decreased 9% yr/yr, aiding profitability
MOBILE GAMES REVENUE DECLINE - Revenues from mobile games decreased 14% yr/yr due to high prior-year comparison
Company press release: ID:nGNX78Lmgq
Key Details
Metric | Beat/Miss | Actual | Consensus Estimate |
Q4 Revenue | RMB 8.32 bln | ||
Q4 Net Income | RMB 513.93 mln | ||
Q4 Basic EPS | RMB 1.23 | ||
Q4 Gross Profit | RMB 3.08 bln |
Analyst Coverage
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 20 "strong buy" or "buy", 2 "hold" and 1 "sell" or "strong sell"
The average consensus recommendation for the online services peer group is "buy"
Wall Street's median 12-month price target for Bilibili Inc is HK$242.00, about 14.9% above its March 5 closing price of HK$210.60
The stock recently traded at 24 times the next 12-month earnings vs. a P/E of 25 three months ago
For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.
(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)