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Bilibili vs Playtika: revenue, profit, margins and growth compared

Bilibili brought in $4.3B of revenue in fiscal 2025, Playtika $2.8B in fiscal 2025. Revenue changed by +18.1% at Bilibili and +8.1% at Playtika on the year before, so Bilibili grew faster. Bilibili kept 3.9% of its revenue as net profit, Playtika -7.5%. Free cash flow was $948.7M at Bilibili and $531.4M at Playtika.

Side by side, latest fiscal year

BILIPLTK
Fiscal year endedFY2025 (December 31, 2025)FY2025 (December 31, 2025)
Revenue$4.3B$2.8B
Revenue growth+18.1%+8.1%
Net income$170.7M-$206.4M
Net margin3.9%-7.5%
Free cash flow$948.7M$531.4M
Free cash flow margin21.9%19.3%
Earnings per share (diluted)$0.39-$0.55
Cash$1.7B$684.2M
Debt$682.9M$2.4B
Price to earningsn/an/a
Market value$5.9B$1B
Dividend yieldn/a14.65%
Rank by revenue in sector#107 of 751 · Technology#135 of 751 · Technology

Over the years

Revenue
BILI FY2018: $600.5MBILI FY2019: $973.6MBILI FY2020: $1.8BBILI FY2021: $3BBILI FY2022: $3.2BBILI FY2023: $3.2BBILI FY2024: $3.7BBILI FY2025: $4.3BPLTK FY2018: $1.5BPLTK FY2020: $1.9BPLTK FY2020: $2.4BPLTK FY2021: $2.6BPLTK FY2022: $2.6BPLTK FY2023: $2.6BPLTK FY2024: $2.5BPLTK FY2025: $2.8BFY18FY19FY20FY21FY22FY23FY24FY25
BILI $4.3BPLTK $2.8B
Net income
BILI FY2018: -$89.6MBILI FY2019: -$185.1MBILI FY2020: -$461.6MBILI FY2021: -$1.1BBILI FY2022: -$1.1BBILI FY2023: -$679.2MBILI FY2024: -$184.5MBILI FY2025: $170.7MPLTK FY2018: $338MPLTK FY2020: $288.9MPLTK FY2020: $92.1MPLTK FY2021: $308.5MPLTK FY2022: $275.3MPLTK FY2023: $235MPLTK FY2024: $162.2MPLTK FY2025: -$206.4MFY18FY19FY20FY21FY22FY23FY24FY25
BILI $170.7MPLTK -$206.4M
Net margin
BILI FY2018: -14.9%BILI FY2019: -19.0%BILI FY2020: -25.1%BILI FY2021: -35.0%BILI FY2022: -34.2%BILI FY2023: -21.4%BILI FY2024: -5.0%BILI FY2025: 3.9%PLTK FY2018: 22.7%PLTK FY2020: 15.3%PLTK FY2020: 3.9%PLTK FY2021: 11.9%PLTK FY2022: 10.5%PLTK FY2023: 9.2%PLTK FY2024: 6.4%PLTK FY2025: -7.5%FY18FY19FY20FY21FY22FY23FY24FY25
BILI 3.9%PLTK -7.5%
Revenue growth
BILI FY2019: +62.1%BILI FY2020: +88.9%BILI FY2021: +65.4%BILI FY2022: +4.4%BILI FY2023: -0.1%BILI FY2024: +15.8%BILI FY2025: +18.1%PLTK FY2020: +26.6%PLTK FY2020: +25.6%PLTK FY2021: +8.9%PLTK FY2022: +1.3%PLTK FY2023: -1.9%PLTK FY2024: -0.7%PLTK FY2025: +8.1%FY19FY20FY21FY22FY23FY24FY25
BILI +18.1%PLTK +8.1%
Free cash flow
BILI FY2018: $64.5MBILI FY2019: -$14.6MBILI FY2020: $23.1MBILI FY2021: -$566.9MBILI FY2022: -$677.3MBILI FY2023: $11.9MBILI FY2024: $760.3MBILI FY2025: $948.7MPLTK FY2018: $411.7MPLTK FY2020: $436.6MPLTK FY2020: $463.6MPLTK FY2021: $504.3MPLTK FY2022: $425.4MPLTK FY2023: $483MPLTK FY2024: $449.2MPLTK FY2025: $531.4MFY18FY19FY20FY21FY22FY23FY24FY25
BILI $948.7MPLTK $531.4M

Fiscal years as each company reports them; the two may end in different months.

Questions about Bilibili and Playtika

Which is bigger by revenue, Bilibili or Playtika?

Bilibili is bigger by revenue: $4.3B in fiscal 2025, against $2.8B for Playtika in fiscal 2025.

Which keeps more of its revenue as profit, Bilibili or Playtika?

Bilibili had a net margin of 3.9% in fiscal 2025; Playtika had -7.5% in fiscal 2025.

Which grew revenue faster, Bilibili or Playtika?

In their latest fiscal years revenue changed by +18.1% at Bilibili and +8.1% at Playtika.

Where do these numbers come from?

From the annual reports each company files with the SEC (10-K, or 20-F and 40-F for foreign companies), read from their XBRL data. Margins and growth are simple arithmetic on those figures. Nothing here is a recommendation.

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