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Side-by-side financial comparison of Ardent Health, Inc. (ARDT) and Bilibili Inc. (BILI). Click either name above to swap in a different company.

Ardent Health, Inc. is the larger business by last-quarter revenue ($1.6B vs $1.3B, roughly 1.3× Bilibili Inc.). Bilibili Inc. runs the higher net margin — 6.0% vs 2.8%, a 3.2% gap on every dollar of revenue.

Goodlife Health Clubs is a chain of health clubs, with more than 80 locations in Australia.

Bilibili, nicknamed B Site, is a Chinese online video sharing website based in Shanghai where users can submit, view, and add overlaid commentary on videos.

ARDT vs BILI — Head-to-Head

Bigger by revenue
ARDT
ARDT
1.3× larger
ARDT
$1.6B
$1.3B
BILI
Higher net margin
BILI
BILI
3.2% more per $
BILI
6.0%
2.8%
ARDT

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
ARDT
ARDT
BILI
BILI
Revenue
$1.6B
$1.3B
Net Profit
$45.0M
$75.7M
Gross Margin
37.0%
Operating Margin
5.8%
5.8%
Net Margin
2.8%
6.0%
Revenue YoY
26.2%
Net Profit YoY
143.0%
EPS (diluted)
$0.32
$1.14

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
ARDT
ARDT
BILI
BILI
Q4 25
$1.6B
$1.3B
Q3 25
$1.6B
$1.1B
Q2 25
$1.6B
$1.0B
Q1 25
$1.5B
$965.1M
Q4 24
$1.0B
Q3 24
$1.4B
$1.0B
Q2 24
$1.5B
$843.1M
Q1 24
$784.5M
Net Profit
ARDT
ARDT
BILI
BILI
Q4 25
$45.0M
$75.7M
Q3 25
$-23.5M
$65.9M
Q2 25
$73.0M
$30.5M
Q1 25
$41.4M
$-1.5M
Q4 24
$-176.0M
Q3 24
$26.3M
$11.4M
Q2 24
$42.8M
$83.7M
Q1 24
$-105.9M
Gross Margin
ARDT
ARDT
BILI
BILI
Q4 25
37.0%
Q3 25
36.7%
Q2 25
36.5%
Q1 25
36.3%
Q4 24
36.2%
Q3 24
34.9%
Q2 24
29.9%
Q1 24
28.3%
Operating Margin
ARDT
ARDT
BILI
BILI
Q4 25
5.8%
5.8%
Q3 25
-0.1%
4.6%
Q2 25
7.4%
3.4%
Q1 25
5.0%
0.2%
Q4 24
-16.0%
Q3 24
3.9%
0.9%
Q2 24
5.6%
9.5%
Q1 24
-14.5%
Net Margin
ARDT
ARDT
BILI
BILI
Q4 25
2.8%
6.0%
Q3 25
-1.5%
6.1%
Q2 25
4.4%
3.0%
Q1 25
2.8%
-0.2%
Q4 24
-17.5%
Q3 24
1.8%
1.1%
Q2 24
2.9%
9.9%
Q1 24
-13.5%
EPS (diluted)
ARDT
ARDT
BILI
BILI
Q4 25
$0.32
$1.14
Q3 25
$-0.17
$1.05
Q2 25
$0.52
$0.51
Q1 25
$0.29
$0.00
Q4 24
$0.21
Q3 24
$0.19
$-0.03
Q2 24
$0.34
$-0.20
Q1 24
$-1.80

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
ARDT
ARDT
BILI
BILI
Cash + ST InvestmentsLiquidity on hand
$709.6M
$2.7B
Total DebtLower is stronger
$1.1B
$1.4B
Stockholders' EquityBook value
$1.3B
$2.2B
Total Assets
$5.3B
$5.9B
Debt / EquityLower = less leverage
0.84×
0.62×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
ARDT
ARDT
BILI
BILI
Q4 25
$709.6M
$2.7B
Q3 25
$609.4M
$2.4B
Q2 25
$540.6M
Q1 25
$495.0M
$1.9B
Q4 24
$1.8B
Q3 24
$563.1M
$11.7B
Q2 24
$334.5M
Q1 24
$1.1B
Total Debt
ARDT
ARDT
BILI
BILI
Q4 25
$1.1B
$1.4B
Q3 25
$1.1B
$1.4B
Q2 25
$1.1B
Q1 25
$1.1B
$700.3M
Q4 24
$662.5M
Q3 24
$1.1B
$4.3B
Q2 24
$1.1B
Q1 24
$684.5M
Stockholders' Equity
ARDT
ARDT
BILI
BILI
Q4 25
$1.3B
$2.2B
Q3 25
$1.2B
$2.1B
Q2 25
$1.3B
Q1 25
$1.2B
$2.0B
Q4 24
$1.9B
Q3 24
$1.0B
$13.7B
Q2 24
$739.9M
Q1 24
$1.9B
Total Assets
ARDT
ARDT
BILI
BILI
Q4 25
$5.3B
$5.9B
Q3 25
$5.2B
$5.6B
Q2 25
$5.0B
Q1 25
$4.9B
$4.6B
Q4 24
$4.5B
Q3 24
$4.8B
$32.0B
Q2 24
$4.6B
Q1 24
$4.2B
Debt / Equity
ARDT
ARDT
BILI
BILI
Q4 25
0.84×
0.62×
Q3 25
0.88×
0.65×
Q2 25
0.87×
Q1 25
0.93×
0.35×
Q4 24
0.34×
Q3 24
1.08×
0.31×
Q2 24
1.46×
Q1 24
0.36×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
ARDT
ARDT
BILI
BILI
Operating Cash FlowLast quarter
$223.4M
$263.1M
Free Cash FlowOCF − Capex
FCF MarginFCF / Revenue
Capex IntensityCapex / Revenue
Cash ConversionOCF / Net Profit
4.97×
3.47×
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
ARDT
ARDT
BILI
BILI
Q4 25
$223.4M
$263.1M
Q3 25
$154.4M
$283.2M
Q2 25
$117.5M
$277.7M
Q1 25
$-24.8M
$179.4M
Q4 24
$191.9M
Q3 24
$89.7M
$2.2B
Q2 24
Q1 24
$88.3M
Free Cash Flow
ARDT
ARDT
BILI
BILI
Q4 25
Q3 25
Q2 25
Q1 25
$174.5M
Q4 24
Q3 24
Q2 24
Q1 24
FCF Margin
ARDT
ARDT
BILI
BILI
Q4 25
Q3 25
Q2 25
Q1 25
18.1%
Q4 24
Q3 24
Q2 24
Q1 24
Capex Intensity
ARDT
ARDT
BILI
BILI
Q4 25
Q3 25
Q2 25
Q1 25
0.5%
Q4 24
Q3 24
Q2 24
Q1 24
Cash Conversion
ARDT
ARDT
BILI
BILI
Q4 25
4.97×
3.47×
Q3 25
4.30×
Q2 25
1.61×
9.11×
Q1 25
-0.60×
Q4 24
Q3 24
3.41×
195.23×
Q2 24
Q1 24

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

ARDT
ARDT

Segment breakdown not available.

BILI
BILI

Value-added services (VAS)$466.4M37%
Advertising$435.0M34%
Mobile games$220.3M17%
Other$80.8M6%
IP derivatives and others$68.2M5%

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