R&D expense · 2018–2025

Bilibili R&D expense

$505M+0.1% · FY2025

Bilibili (BILI) reported $505M in R&D expense for fiscal 2025, +0.1% year on year.

$78.2M2018$128M2019$232M2020$446M2021$691M2022$629M2023$505M2024$505M2025
Bilibili — R&D expense, 2018–2025
Fiscal yearR&D expenseChangeFiling
FY20252025-12-31$505M+0.1%Open →
FY20242024-12-31$505M−19.8%Open →
FY20232023-12-31$629M−8.9%Open →
FY20222022-12-31$691M+55.0%Open →
FY20212021-12-31$446M+92.2%Open →
FY20202020-12-31$232M+80.5%Open →
FY20192019-12-31$128M+64.3%Open →
FY20182018-12-31$78.2M—Open →

R&D expense — Research and development expense is what the company charged to R&D in the income statement for the year. Most companies report no R&D at all — the line is absent rather than zero — so this ranking covers the roughly 40% of filers that do.

Every row links to its own SEC filing · Fiscal year 2025 · Data as of September 25, 2026 · 2018–2025 compound annual growth +30.6%

R&D expense at companies of similar size

Full ranking by R&D expense →

Cite this page

Ready-made references for the figures on this page, as published on September 25, 2026.

Wikipedia

{{cite web |title=Bilibili R&D expense |url=https://companiesranked.com/en/company/bilibili/research-and-development-expense |website=CompaniesRanked |date=2026-09-25 |language=en}}

APA 7

CompaniesRanked. (September 25, 2026). Bilibili R&D expense. CompaniesRanked. https://companiesranked.com/en/company/bilibili/research-and-development-expense

BibTeX

@misc{companiesranked-en-company-bilibili-research-and-development-expense-2026,
  author       = {{CompaniesRanked}},
  title        = {{Bilibili R\&D expense}},
  year         = {2026},
  howpublished = {\url{https://companiesranked.com/en/company/bilibili/research-and-development-expense}},
  note         = {Compiled from SEC EDGAR XBRL filings; data as of 2026-09-25},
  urldate      = {2026-09-25}
}

The filing itself

The numbers above are read from this document: 20-F · 0001193125-26-157842 · April 16, 2026

{{cite web |title=Bilibili R&D expense — 20-F (0001193125-26-157842) |url=https://www.sec.gov/Archives/edgar/data/1723690/000119312526157842/d91984d20f.htm |website=SEC EDGAR |publisher=U.S. Securities and Exchange Commission |date=2026-04-16}}

The figures are rebuilt with every data refresh, so the reference carries the publication date. Add your own access date if your style requires one.

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