Bilibili reports Q1 adjusted EPS RMB0.85, consensus RMB0.53

Reports Q1 revenue RMB7.0B, consensus RMB6.91B. “We kicked off 2025 with strong financial results and healthy community metrics in the first quarter,” said CFO Rui Chen. “Our DAUs reached 107 million, while MAUs hit a new high of 368 million. As our user base matured-with the average age rising to 26 in 2025-users remained highly engaged and demonstrated growing spending power…With the increasing value of our users and improved monetization efficiency, our total net revenues for Q1 grew 24% year over year to RMB7.0B. Building on this strong momentum, we will continue to unlock the potential of our community by offering more efficient and enhanced commercial solutions. As the go-to video platform for premium content and a vibrant creative culture, Bilibili (BILI) is uniquely positioned to capture emerging opportunities and sustain long-term growth.” CFO Sam Fan said, “In Q1, we accelerated revenue growth and expanded our margins. This was driven by outstanding performances from our high-margin advertising and games businesses, which grew by 20% and 76% year over year, respectively. Gross profit increased by 58% year over year, with our gross profit margin rising to 36.3%, up from 28.3% in the same period last year…Moving forward, we will continue to focus on profitable growth by scaling our business and community through efficient, sustainable operations, and delivering long-term value to our shareholders.”