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Side-by-side financial comparison of Brookfield Asset Management Ltd. (BAM) and Bilibili Inc. (BILI). Click either name above to swap in a different company.
Bilibili Inc. is the larger business by last-quarter revenue ($1.3B vs $1.1B, roughly 1.2× Brookfield Asset Management Ltd.). Brookfield Asset Management Ltd. runs the higher net margin — 56.7% vs 6.0%, a 50.7% gap on every dollar of revenue.
Brookfield Asset Management Ltd. is a Canadian-American alternative asset manager. The company was founded in December 2022 as a spin-off of the asset management operations of Brookfield Corporation, and manages investments across real estate, infrastructure, renewable energy, private equity, and credit markets globally.
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.
BAM vs BILI — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $1.1B | $1.3B |
| Net Profit | $615.0M | $75.7M |
| Gross Margin | — | 37.0% |
| Operating Margin | 84.2% | 5.8% |
| Net Margin | 56.7% | 6.0% |
| Revenue YoY | — | 26.2% |
| Net Profit YoY | — | 143.0% |
| EPS (diluted) | — | $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.
| Q4 25 | $1.1B | $1.3B | ||
| Q3 25 | $974.0M | $1.1B | ||
| Q2 25 | $931.0M | $1.0B | ||
| Q1 25 | $954.0M | $965.1M | ||
| Q4 24 | — | $1.0B | ||
| Q3 24 | $873.0M | $1.0B | ||
| Q2 24 | $821.0M | $843.1M | ||
| Q1 24 | $786.0M | $784.5M |
| Q4 25 | $615.0M | $75.7M | ||
| Q3 25 | $692.0M | $65.9M | ||
| Q2 25 | $584.0M | $30.5M | ||
| Q1 25 | $507.0M | $-1.5M | ||
| Q4 24 | — | $-176.0M | ||
| Q3 24 | $537.0M | $11.4M | ||
| Q2 24 | $124.0M | $83.7M | ||
| Q1 24 | $373.0M | $-105.9M |
| 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% |
| Q4 25 | 84.2% | 5.8% | ||
| Q3 25 | 79.1% | 4.6% | ||
| Q2 25 | 70.8% | 3.4% | ||
| Q1 25 | 61.0% | 0.2% | ||
| Q4 24 | — | -16.0% | ||
| Q3 24 | 72.5% | 0.9% | ||
| Q2 24 | 80.4% | 9.5% | ||
| Q1 24 | 56.5% | -14.5% |
| Q4 25 | 56.7% | 6.0% | ||
| Q3 25 | 71.0% | 6.1% | ||
| Q2 25 | 62.7% | 3.0% | ||
| Q1 25 | 53.1% | -0.2% | ||
| Q4 24 | — | -17.5% | ||
| Q3 24 | 61.5% | 1.1% | ||
| Q2 24 | 15.1% | 9.9% | ||
| Q1 24 | 47.5% | -13.5% |
| Q4 25 | — | $1.14 | ||
| Q3 25 | — | $1.05 | ||
| Q2 25 | — | $0.51 | ||
| Q1 25 | — | $0.00 | ||
| Q4 24 | — | $0.21 | ||
| Q3 24 | — | $-0.03 | ||
| Q2 24 | — | $-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 | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $1.6B | $2.7B |
| Total DebtLower is stronger | — | $1.4B |
| Stockholders' EquityBook value | $8.9B | $2.2B |
| Total Assets | $17.0B | $5.9B |
| Debt / EquityLower = less leverage | — | 0.62× |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $1.6B | $2.7B | ||
| Q3 25 | $1.1B | $2.4B | ||
| Q2 25 | $480.0M | — | ||
| Q1 25 | $332.0M | $1.9B | ||
| Q4 24 | — | $1.8B | ||
| Q3 24 | — | $11.7B | ||
| Q2 24 | $10.0M | — | ||
| Q1 24 | — | $1.1B |
| Q4 25 | — | $1.4B | ||
| Q3 25 | — | $1.4B | ||
| Q2 25 | — | — | ||
| Q1 25 | — | $700.3M | ||
| Q4 24 | — | $662.5M | ||
| Q3 24 | — | $4.3B | ||
| Q2 24 | — | — | ||
| Q1 24 | — | $684.5M |
| Q4 25 | $8.9B | $2.2B | ||
| Q3 25 | $8.5B | $2.1B | ||
| Q2 25 | $8.5B | — | ||
| Q1 25 | $8.5B | $2.0B | ||
| Q4 24 | — | $1.9B | ||
| Q3 24 | $9.0B | $13.7B | ||
| Q2 24 | $3.2B | — | ||
| Q1 24 | $2.2B | $1.9B |
| Q4 25 | $17.0B | $5.9B | ||
| Q3 25 | $16.5B | $5.6B | ||
| Q2 25 | $16.1B | — | ||
| Q1 25 | $15.0B | $4.6B | ||
| Q4 24 | — | $4.5B | ||
| Q3 24 | — | $32.0B | ||
| Q2 24 | $4.2B | — | ||
| Q1 24 | — | $4.2B |
| Q4 25 | — | 0.62× | ||
| Q3 25 | — | 0.65× | ||
| Q2 25 | — | — | ||
| Q1 25 | — | 0.35× | ||
| Q4 24 | — | 0.34× | ||
| Q3 24 | — | 0.31× | ||
| Q2 24 | — | — | ||
| 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 | | |
|---|---|---|
| Operating Cash FlowLast quarter | $562.0M | $263.1M |
| Free Cash FlowOCF − Capex | — | — |
| FCF MarginFCF / Revenue | — | — |
| Capex IntensityCapex / Revenue | — | — |
| Cash ConversionOCF / Net Profit | 0.91× | 3.47× |
| TTM Free Cash FlowTrailing 4 quarters | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $562.0M | $263.1M | ||
| Q3 25 | $745.0M | $283.2M | ||
| Q2 25 | $529.0M | $277.7M | ||
| Q1 25 | $265.0M | $179.4M | ||
| Q4 24 | — | $191.9M | ||
| Q3 24 | $567.0M | $2.2B | ||
| Q2 24 | $159.0M | — | ||
| Q1 24 | $516.0M | $88.3M |
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | $174.5M | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | 18.1% | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | 0.5% | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
| Q4 25 | 0.91× | 3.47× | ||
| Q3 25 | 1.08× | 4.30× | ||
| Q2 25 | 0.91× | 9.11× | ||
| Q1 25 | 0.52× | — | ||
| Q4 24 | — | — | ||
| Q3 24 | 1.06× | 195.23× | ||
| Q2 24 | 1.28× | — | ||
| Q1 24 | 1.38× | — |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
BAM
| Incentive Fees | $452.0M | 42% |
| Infrastruture | $332.0M | 31% |
| Private Equity | $174.0M | 16% |
| Renewable Power And Transition | $66.0M | 6% |
| Other | $47.0M | 4% |
| Management And Advisory Fees | $14.0M | 1% |
BILI
| Value-added services (VAS) | $466.4M | 37% |
| Advertising | $435.0M | 34% |
| Mobile games | $220.3M | 17% |
| Other | $80.8M | 6% |
| IP derivatives and others | $68.2M | 5% |
