Bilibili BILI Q1 2025 Earnings Call Transcript
Briefly

In Q1 2025, the company reported a total revenue of RMB 7 billion, indicating a robust growth of 24% compared to the same period last year, largely fueled by advertising and mobile gaming sectors. Key highlights included a substantial rise in advertising revenue to RMB 2 billion, a 20% increase year-over-year, with a dramatic jump of 400% in AI-related ad revenues. Additionally, the gaming sector contributed RMB 1.73 billion, showcasing a remarkable 76% growth. Overall, profitability metrics improved significantly amid rising operating expenses, reflecting an optimistic financial trajectory for the company.
'In the first quarter of 2025, we achieved total net revenues of RMB 7 billion, reflecting a significant 24% growth from the previous year, driven by a surge in advertising and mobile games segments.'
'Our advertising revenue grew by 20% year over year to RMB 2 billion, propelled by a remarkable 400% increase in AI-driven advertising.'
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