Welcome to our dedicated page for Bilibili SEC filings (Ticker: BLBLF), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
Bilibili Inc. files foreign-issuer reports that document Hong Kong exchange announcements, share-capital movements, and governance matters for its ADR-related public-company record. Its Form 6-K filings include monthly returns on authorized share capital and issued shares, including weighted voting rights ordinary shares designated as Class Y and Class Z.
The filing record also includes board-meeting and earnings-announcement notices, annual general meeting materials, proxy forms, and articles-of-association proposals tied to Hong Kong Listing Rules for weighted voting rights issuers. These documents describe shareholder voting matters, board and governance procedures, and the company's status as a Cayman Islands issuer filing on Form 20-F.
Bilibili Inc. president and director Xu Yi filed an initial ownership report showing his current stakes in the company. He directly holds 45,000 Class Z Ordinary Shares and has indirect interests in 24,467,208 Class Y Ordinary Shares through Kami Sama Limited and The Homur Trust structure.
The filing also notes a Forward Sale Contract tied to Class Z Ordinary Shares, reflecting prepaid variable forward sale arrangements entered by Kami Sama to deliver up to 1,500,000, 400,000 and 1,000,000 American Depositary Shares, with related maturities in 2027. Each ADS represents one Class Z Ordinary Share.
Bilibili Inc. director and executive Li Ni filed an initial ownership report listing her existing equity interests in the company. She holds a share option over 2,000,000 Class Z ordinary shares at an exercise price of $0.0001 per share, expiring in 2028, with 1,670,000 shares already vested and 330,000 scheduled to vest on November 23, 2026. She also holds 412,000 performance-based restricted share units, each representing a contingent right to one Class Z ordinary share, and 1,000,000 Class Z ordinary shares directly. In addition, 7,200,000 Class Y ordinary shares are held indirectly through Saber Lily Limited, a Cayman trust structure for which she may be deemed to have voting and dispositive power, while disclaiming beneficial ownership beyond her pecuniary interest. The filing does not report any new purchases or sales, only these existing positions.
Bilibili Inc. director Gan JP filed an initial ownership report showing his positions in the company’s Class Z Ordinary Shares and related equity awards. He directly holds 176,448 Class Z shares, which include 157,500 shares and 18,948 restricted share units that vest in thirds each March 28 from 2026 to 2028.
He also holds a fully vested option to acquire 13,463 Class Z shares at an exercise price of $0.0001 per share, expiring on July 1, 2028. In addition, 37,500 Class Z shares are held through JP Family Trust and 69,700 shares through JG8 LLC; he may be deemed to have voting and dispositive power over these but disclaims beneficial ownership except for his pecuniary interest.
Bilibili Inc. director, chairman and CEO Chen Rui filed an initial statement of beneficial ownership, outlining his equity position in the company. He reports direct share options over 1,000,000, 1,000,000 and 3,000,000 Class Z ordinary shares at exercise prices including $0.0001 and $10.47, plus 412,000 performance-based restricted share units tied to Class Z shares. He also reports indirect ownership of 48,032,802 Class Y ordinary shares held through Vanship Limited, an entity controlled by a Cayman trust for which Chen is settlor and a beneficiary, with beneficial ownership disclaimed except for his pecuniary interest.
Bilibili Inc. Chief Financial Officer Fan Xin has filed an initial Form 3 showing existing equity interests in the company. The filing reports 210,000 restricted share units granted on March 31, 2023, vesting over six years, each RSU representing one Class Z ordinary share.
Fan Xin also holds two fully vested share option awards, each covering 60,000 Class Z ordinary shares. One option has an exercise price of $0.0001 per share and the other has an exercise price of $10.4700 per share, both expiring on March 23, 2028. The form records holdings only, with no new buy or sell transactions.
Bilibili Inc. director Eric He filed an initial statement of ownership showing beneficial holdings in the company’s Class Z Ordinary Shares. The filing reports 182,411 Class Z interests, consisting of 169,779 shares and 12,632 restricted share units.
The RSUs vest in two equal installments: 50% on September 15, 2026 and the remaining 50% on September 15, 2027. Each restricted share unit represents a right to receive one Class Z Ordinary Share upon vesting, so these awards increase his future equity exposure as they vest.
BILI insider sale notice: A holder submitted a Form 144 to sell 490,000 ADS, each ADS representing one Class Z ordinary share, arising from the exercise of options and vesting of restricted share units under the issuer's share incentive plans. The filing describes a same-day cashless exercise and sale to satisfy exercise/withholding obligations and to render services.
Bilibili Inc. filed a Form 6-K sharing its Hong Kong Stock Exchange monthly return for February 2026. The company’s authorised share capital across Class Y, Class Z and undesignated shares remained unchanged. Issued Class Y shares also stayed flat.
Issued Class Z shares listed in Hong Kong increased modestly by 19,500 shares to 335,037,602 shares, reflecting vesting of restricted share units under the 2018 Share Incentive Plan. The company confirmed that the applicable public float requirement of at least 25% of issued shares in the class has been met.
The return also lists outstanding convertible senior notes due 2026, 2027, 2026 (December) and 2030, with specified principal amounts and conversion prices, and notes that no new shares were issued during the month from option exercises or conversions.
Bilibili Inc. reported a strong turnaround in 2025, moving to full-year GAAP profitability while growing both users and revenues. Total net revenues reached RMB30.35 billion, up 13% from 2024, driven mainly by advertising and value-added services.
Advertising revenues rose to RMB10.06 billion, up 23% year over year, and value-added services reached RMB11.93 billion, up 8%. Mobile game revenues were RMB6.39 billion, up 14%. Gross profit increased 27% to RMB11.11 billion, expanding gross margin to 36.6% from 32.7%.
Net profit was RMB1.19 billion, compared with a RMB1.36 billion net loss in 2024, while adjusted net profit was RMB2.59 billion. Operating cash flow improved to RMB7.15 billion from RMB6.01 billion, and cash, time deposits and short-term investments totaled RMB24.15 billion as of December 31, 2025. Average daily active users reached 111.6 million, up 8% year over year.
Bilibili Inc. filed a report stating that its board of directors will meet on March 5, 2026 (Hong Kong time) to approve unaudited financial results for the fourth quarter and fiscal year ended December 31, 2025.
The company plans to publish these results at or around 6:00 p.m. on March 5, 2026 on the Hong Kong Stock Exchange news website. Management will then host an earnings conference call at 8:00 p.m. on March 5, 2026, with advance online registration required and a live webcast and replay available on its investor relations website.