Bilibili Inc. SEC Filings

Bilibili Inc. filed a Form 6-K to update investors on its 2026 share repurchase activity. The company has a two-year US$300 million share repurchase program adopted in June 2026. As of June 30, 2026, it had repurchased 1.9 million listed securities for about US$31.3 million under this program.

For the six months ended June 30, 2026, Bilibili reports a total of 4.8 million listed securities repurchased at an aggregate cost of approximately US$100.1 million. The filing reiterates standard forward-looking statement disclosures and highlights the company’s positioning as a leading video community for young audiences in China.

Bilibili Inc. reported granting 1,890,627 restricted share units (RSUs) on June 26, 2026 under its Second Amended and Restated 2018 Share Incentive Plan. These RSUs represent the same number of Class Z Ordinary Shares and about 0.45% of the company’s total shares on a one-share-one-vote basis.

The RSUs carry no purchase price, reference a market price of HK$124.70 per Class Z Ordinary Share on the grant date, and vest between June 26, 2027 and June 26, 2030 without additional performance targets. They are subject to clawback for cause, misconduct, or certain criminal convictions.

After this grant, Bilibili may still grant awards over 25,864,455 Class Z Ordinary Shares within the overall scheme limit of 41,413,503 shares, including 2,070,675 shares available to Service Providers. None of the grantees are directors, chief executive, substantial shareholders, or their associates.

Bilibili Inc. has launched a new share repurchase program, authorizing the company to buy back up to US$300 million of its shares, including Class Z ordinary shares and ADSs. The program is effective immediately and will run for the next 24 months.

Repurchases may be conducted in the open market, through privately negotiated transactions, block trades, or other legally permissible methods, including Rule 10b5-1 trading plans, subject to market conditions and applicable regulations. The board may adjust the program’s terms and size, and Bilibili plans to fund buybacks using its existing cash balance.

Bilibili Inc. reported that all resolutions proposed at its June 17, 2026 annual general meeting were approved by shareholders. The meeting re-elected Rui Chen as director and Eric He and Guoqi Ding as independent directors, each to serve until the 2029 annual meeting, subject to earlier resignation or removal.

Shareholders granted the board a general mandate to issue, allot, and deal with additional Class Z ordinary shares up to 20% of the issued share capital and a separate mandate to repurchase up to 10% of issued shares and/or ADSs. The board’s authority to issue shares was also extended by the number of shares repurchased.

PricewaterhouseCoopers and PricewaterhouseCoopers Zhong Tian LLP were re-appointed as auditors, and the directors were authorized to fix their remuneration. A new set of amended and restated memorandum and articles of association was adopted and became effective upon shareholder approval.

Bilibili Inc. reported routine share capital movements for May 2026. Total authorised share capital remained at USD 1,000,000, with no changes across its Class Y, Class Z and undesignated shares.

Issued Class Z WVR shares listed in Hong Kong increased by 162,956 to 337,091,593, driven by option exercises under the 2018 Share Incentive Plan, which raised USD 418,812.3 in cash. No treasury shares were held or used. The company confirmed compliance with Hong Kong’s minimum 25% public float requirement.

Bilibili also listed outstanding convertible senior notes due 2026, 2027 and 2030, which are currently convertible into defined numbers of Class Z shares, but no conversions occurred in the month. Restricted share unit pools under its 2018 and Second Amended and Restated 2018 Share Incentive Plans remained available with no new RSU issuances.

Bilibili Inc. reported a profitable first quarter of 2026 with improving margins and user growth. Total net revenues reached RMB7.47 billion, up 7% year over year, driven mainly by a 30% increase in advertising revenue to RMB2.59 billion and 4% growth in value-added services to RMB2.91 billion.

Gross profit rose 9% to RMB2.77 billion, lifting gross margin to 37.1%, the company’s 15th consecutive quarter of margin expansion. Profit from operations surged to RMB166.8 million, and net profit was RMB202.0 million, compared with a net loss a year earlier.

Adjusted measures also strengthened, with adjusted profit from operations at RMB523.9 million, up 53%, and adjusted net profit at RMB585.4 million, up 62%. Average daily active users grew 8% to 115 million, monthly active users exceeded 376 million, and total user time spent increased 19%. Bilibili ended March 31, 2026 with RMB24.19 billion in cash, time deposits and short-term investments and completed a US$200 million share repurchase program covering 9.9 million listed securities.

Bilibili Inc. filed a Form 6-K sharing its Hong Kong monthly return on share and securities movements for the month ended 30 April 2026. The company’s authorised share capital remained at USD 1,000,000, including 9,800,000,000 Class Z WVR ordinary shares and 100,000,000 Class Y WVR ordinary shares.

Issued Class Z shares listed in Hong Kong rose by 5,000 during the month to 336,928,637, driven by vesting of restricted share units under the 2018 Share Incentive Plan. Bilibili confirmed it complied with the minimum 25% public float requirement. The balance of Class Z ordinary shares excludes 8,405,463 Class Z shares issued and reserved for future issuance under share incentive plans.

The company reported several outstanding convertible senior notes, including December 2026 notes with principal of USD 13,300,000 and 2030 notes with principal of USD 690,000,000, which may be converted into 141,537 and 29,100,561 Class Z shares respectively. April 2026 notes with USD 12,000 outstanding principal matured and were repaid fully in cash, with no ADSs issued.

Bilibili Inc. has scheduled a board meeting for May 19, 2026 (Hong Kong Time) to approve its unaudited financial results for the first quarter ended March 31, 2026 and related earnings announcement. The company plans to publish its Q1 2026 results around 6:00 p.m. that day on the Hong Kong Stock Exchange website and will host an earnings conference call at 8:00 p.m. (Hong Kong Time), with advance online registration required and a live webcast plus replay available on its investor relations website.

Norges Bank reported beneficial ownership of 17,636,289 Class Z Ordinary Shares of BILIBILI INC., representing 5.1699% of that class as of 03/31/2026. The filing states Norges Bank has sole voting power over 17,636,289 shares and sole dispositive power over 4,036,289 shares, with shared dispositive power of 13,600,000. The filing notes certain shares are held on behalf of the Government of Norway and includes an undertaking to furnish additional Schedule 13D information if requested by staff.