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May 19, 2026 8:00 AM

Bilibili Keeps China's Gen Z Locked In For 119 Minutes Daily

Bilibili Inc. (NASDAQ:BILI) reported mixed fiscal first-quarter 2026 results Tuesday as advertising growth and improving profitability helped offset weakness in its gaming business.

Revenue Growth And Earnings Performance

The Chinese video-sharing platform posted revenue of $1.08 billion (7.47 billion yuan), up 7% year over year but slightly below analyst estimates of $1.09 billion. Adjusted earnings came in at 19 cents per ADS, beating Wall Street estimates of 12 cents.

User Engagement And Platform Growth

Often described as China's version of Alphabet Inc.'s (NASDAQ:GOOGL) YouTube because of its focus on long-form user-generated videos and livestreaming, Bilibili continued to report strong engagement trends among younger users.

Average daily active users rose 8% year over year to 115.2 million during the quarter. The average daily time spent was 119 ...