Key Highlights

● Second-quarter Revenue was RMB7,940 million, up 8.21% year on year.

● Net Income reached RMB343.7 million, up from RMB209.8 million in the first quarter.

● Operating Income more than doubled sequentially to RMB372.9 million.

● An extraordinary general meeting is scheduled for 28 October 2026.

Latest development: Shareholder meeting and funding

Bilibili Inc. (NASDAQ:BILI), the Chinese video and community platform whose American depositary shares are listed in the United States, has scheduled an extraordinary general meeting for 28 October 2026. Extraordinary meetings are called to vote on specific proposals.

Several convertible note offerings were listed in early September 2026, including a completed US$500 million offering and a priced US$700 million offering.

Second-quarter results

Bilibili's revenue for the quarter ended 30 June 2026 was RMB7,940 million, up 8.21% year on year, implying about RMB7,337 million a year earlier. Gross Profit was RMB2,955 million, operating income RMB372.9 million and net income RMB343.7 million, a net Margin of about 4.3% against about 2.8% in the first quarter.

Sequentially, revenue rose about 6.3%, from RMB7,472 million in the first quarter, which had itself grown 6.69% year on year, and was below RMB8,321 million in the fourth quarter of 2025, when operating income was RMB503.9 million and net income RMB513.4 million. Operating income more than doubled from RMB166.8 million in the first quarter, and net income rose from RMB209.8 million. Trailing twelve-month revenue was RMB30.82 billion, up 9.39%, after full-year 2025 revenue of RMB30.35 billion, up 13.10%.

Margins and what the figures show

The second-quarter gross margin was about 37.2% (RMB2,955 million over RMB7,940 million) and the Operating Margin about 4.7%. In the first quarter the equivalents were about 37.1% and 2.2%, so profitability improved while gross margin was broadly flat.

The figures are in renminbi, and the data do not separate one-off items, so net income may include non-operating gains or losses. Drivers of the quarter, such as advertising, games or livestreaming, were not broken out in the figures available.

Bilibili's 28 October meeting and margin path

Revenue growth of 8.21% in the second quarter compares with 6.69% in the first, and the convertible financing adds a new cost line to the picture. Third-quarter results will be compared with second-quarter revenue of RMB7,940 million.

Second-quarter operating income of RMB372.9 million, more than double the first quarter's RMB166.8 million, sets the bar for the next margin reading.