Bilibili Inc. Files Its 2025 Annual Report on Form 20-F

Rhea-AI Summary

Bilibili (NASDAQ: BILI; HKEX: 9626) filed its annual report on Form 20-F with the SEC for the fiscal year ended December 31, 2025 on April 16, 2026. The filing includes audited consolidated financial statements and is available electronically on the company’s investor relations site and the SEC website.

The company will provide free hard copies of the annual report, including audited financials, to shareholders and ADS holders upon request to its Investor Relations Department in Shanghai.

News Market Reaction – BILI

+1.20%

+1.20% Session close to close

In the Apr 16 session, BILI gained 1.20%, reflecting a mild positive market reaction.

Data tracked by StockTitan Argus on the day of publication.

Market Context

This announcement documents Bilibili’s filing of its 2025 annual report on Form 20-F with the SEC, p...

Analysis

This announcement documents Bilibili’s filing of its 2025 annual report on Form 20-F with the SEC, providing audited consolidated financial statements and updated disclosures. It follows prior earnings releases that had already outlined user trends, revenue growth and profitability. Investors reviewing this report may focus on detailed risk factors, segment performance and cash positions, comparing them against earlier quarterly updates to assess how resilient recent improvements appear across the full fiscal year.

Key Figures

Form 20-F filing date: April 16, 2026 Fiscal year end: December 31, 2025 Street address number: No. 485 +1 more

4 metrics

Form 20-F filing date April 16, 2026 Annual report filed with SEC

Fiscal year end December 31, 2025 Period covered by 2025 Form 20-F

Street address number No. 485 Zhengli Road, Yangpu District, Shanghai office address

Postal code 200433 Shanghai postal code in investor relations address

Historical Context

4 past events · Latest: Mar 05 (Positive)

Pattern 4 events

Date	Event	Sentiment	24h Move	Catalyst
Mar 05	Earnings results	Positive	-7.1%	Reported FY 2025 GAAP profitability and revenue growth, but shares fell afterward.
Feb 12	Earnings date	Neutral	-4.9%	Announced Q4 and FY 2025 results date and call details; stock declined post-announcement.
Nov 13	Earnings results	Positive	-4.8%	Q3 2025 results showed user and financial improvements but shares moved lower.
Oct 23	Earnings date	Neutral	+0.8%	Set date for Q3 2025 results and call; stock saw a small positive reaction.

24h Move is the share-price change in the day after each event; other market factors may also have contributed.

Pattern Detected

Recent fundamentally positive earnings reports have been followed by negative 24-hour price reactions.

Recent Company History

Over the last few quarters, Bilibili reported improving fundamentals, including user and revenue recovery and its first full year of GAAP profitability in FY 2025, yet the stock fell 7.09% after those results. Prior Q3 2025 earnings also showed growth but saw a 4.78% decline. Even neutral scheduling announcements on Feb 12, 2026 and Oct 23, 2025 coincided with modest moves, indicating a tendency for cautious or skeptical trading around news.

Key Terms

form 20-f, securities and exchange commission, ads, audited consolidated financial statements

4 terms

form 20-f regulatory

"announced that it filed its annual report on Form 20-F for the fiscal year"

Form 20-F is the standardized annual disclosure that non-U.S. companies must file with the U.S. securities regulator when their shares are traded in the U.S.; it contains audited financial statements, a plain-language description of the business, management discussion, governance details and key risk factors. It matters to investors because it provides a consistent, comparable company “report card” and rulebook, helping buyers assess financial health, governance and risks before investing.

securities and exchange commission regulatory

"with the Securities and Exchange Commission (“SEC”) on April 16, 2026"

A national government agency that enforces rules for buying, selling and disclosing information about stocks and other investments, acting like a referee and scorekeeper for financial markets. It requires companies to share clear, regular financial and business information and investigates fraud or rule-breaking, which matters to investors because those rules and disclosures help ensure fair prices, reduce hidden risks and make it easier to compare investment choices.

ads financial

"free of charge to shareholders and ADS holders upon request"

Ads are paid promotional messages a company places across media — online, on TV, in print, or on social platforms — to attract customers, explain products, or shape public perception. For investors, ads matter because they drive sales growth, affect how much a company must spend to win customers, and influence brand strength and long-term value. Ads can also create regulatory or reputational risk if claims are misleading, which can affect profits and stock price.

audited consolidated financial statements financial

"annual report, containing audited consolidated financial statements, free of charge"

A set of financial reports that combine a parent company and all its subsidiaries into one overall picture, examined and verified by an independent auditor. Think of it as a household budget that merges every family member’s accounts and is then checked by a neutral accountant; it gives investors a single, trustworthy view of the group’s assets, debts, income and cash flow. That independent check matters because it reduces the chance of hidden problems and helps investors compare companies on a level playing field.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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SHANGHAI, April 16, 2026 (GLOBE NEWSWIRE) -- Bilibili Inc. (the “Company” or “Bilibili”) (NASDAQ: BILI and HKEX: 9626), an iconic brand and a leading video community for young generations in China, today announced that it filed its annual report on Form 20-F for the fiscal year ended December 31, 2025, with the Securities and Exchange Commission (“SEC”) on April 16, 2026. The annual report in electronic format is accessible on the Company’s investor relations website at http://ir.bilibili.com as well as on the SEC’s website.

For those who prefer hard copies, the Company will provide the annual report, containing audited consolidated financial statements, free of charge to shareholders and ADS holders upon request. Requests should be directed to the Investor Relations Department, Bilibili Inc., Building 3, Guozheng Center, No. 485 Zhengli Road, Yangpu District, Shanghai, 200433, People’s Republic of China.

About Bilibili Inc.

Bilibili is an iconic brand and a leading video community with a mission to enrich the everyday lives of young generations in China. Bilibili offers a wide array of video-based content with “All the Videos You Like” as its value proposition. Bilibili builds its community around aspiring users, high-quality content, talented content creators and the strong emotional bonds among them. Bilibili pioneered the “bullet chatting” feature, a live comment function that has transformed users’ viewing experience by displaying the thoughts and feelings of audience members viewing the same video. The Company has now become the welcoming home of diverse interests among young generations in China and a frontier for promoting Chinese culture around the world.

For more information, please visit: http://ir.bilibili.com.

For investor and media inquiries, please contact: 

In China:

Bilibili Inc.
Juliet Yang
Tel: +86-21-2509-9255 Ext. 8523
E-mail: ir@bilibili.com

Piacente Financial Communications 
Helen Wu
Tel: +86-10-6508-0677
E-mail: bilibili@tpg-ir.com

In the United States:

Piacente Financial Communications 
Brandi Piacente
Tel: +1-212-481-2050
E-mail: bilibili@tpg-ir.com

FAQ

When did Bilibili (BILI) file its 2025 Form 20-F?

Bilibili filed its Form 20-F on April 16, 2026, covering the fiscal year ended December 31, 2025. According to Bilibili, the filing includes audited consolidated financial statements and is available on the company’s investor relations site and the SEC website.

Where can investors access Bilibili's 2025 annual report (BILI)?

Investors can access the annual report electronically on the company's investor relations site and the SEC website. According to Bilibili, the electronic version is posted at http://ir.bilibili.com and on the SEC’s public EDGAR portal.

How can shareholders request a hard copy of Bilibili's 2025 Form 20-F?

Shareholders and ADS holders can request a free hard copy by contacting Investor Relations in Shanghai. According to Bilibili, requests should be directed to the Investor Relations Department at the provided Shanghai address.

Does Bilibili's 2025 Form 20-F include audited financial statements?

Yes. The Form 20-F includes audited consolidated financial statements for the fiscal year ended December 31, 2025. According to Bilibili, those audited statements are included in the filed annual report available to investors.

Will Bilibili provide the 2025 annual report to ADS holders (BILI)?

Yes. Bilibili will provide the annual report free of charge to ADS holders upon request. According to Bilibili, ADS holders should contact the Investor Relations Department to obtain a hard copy.