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Side-by-side financial comparison of Bath & Body Works, Inc. (BBWI) and Bilibili Inc. (BILI). Click either name above to swap in a different company.

Bath & Body Works, 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 4.8%, a 1.1% gap on every dollar of revenue. On growth, Bilibili Inc. posted the faster year-over-year revenue change (26.2% vs -1.0%). Over the past eight quarters, Bilibili Inc.'s revenue compounded faster (27.3% CAGR vs -26.0%).

Bath & Body Works, Inc. is an American specialty retail company based in Columbus, Ohio. It owns Bath & Body Works, posted $7.4 billion in revenue in 2023, and was listed as 481 on the 2024 Fortune 500 list of largest United States companies by revenue.

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.

BBWI vs BILI — Head-to-Head

Bigger by revenue
BBWI
BBWI
1.3× larger
BBWI
$1.6B
$1.3B
BILI
Growing faster (revenue YoY)
BILI
BILI
+27.1% gap
BILI
26.2%
-1.0%
BBWI
Higher net margin
BILI
BILI
1.1% more per $
BILI
6.0%
4.8%
BBWI
Faster 2-yr revenue CAGR
BILI
BILI
Annualised
BILI
27.3%
-26.0%
BBWI

Income Statement — Q3 FY2026 vs Q4 FY2025

Metric
BBWI
BBWI
BILI
BILI
Revenue
$1.6B
$1.3B
Net Profit
$77.0M
$75.7M
Gross Margin
41.3%
37.0%
Operating Margin
10.1%
5.8%
Net Margin
4.8%
6.0%
Revenue YoY
-1.0%
26.2%
Net Profit YoY
-27.4%
143.0%
EPS (diluted)
$0.37
$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
BBWI
BBWI
BILI
BILI
Q4 25
$1.6B
$1.3B
Q3 25
$1.5B
$1.1B
Q2 25
$1.4B
$1.0B
Q1 25
$2.8B
$965.1M
Q4 24
$1.6B
$1.0B
Q3 24
$1.5B
$1.0B
Q2 24
$1.4B
$843.1M
Q1 24
$2.9B
$784.5M
Net Profit
BBWI
BBWI
BILI
BILI
Q4 25
$77.0M
$75.7M
Q3 25
$64.0M
$65.9M
Q2 25
$105.0M
$30.5M
Q1 25
$453.0M
$-1.5M
Q4 24
$106.0M
$-176.0M
Q3 24
$152.0M
$11.4M
Q2 24
$87.0M
$83.7M
Q1 24
$579.0M
$-105.9M
Gross Margin
BBWI
BBWI
BILI
BILI
Q4 25
41.3%
37.0%
Q3 25
41.3%
36.7%
Q2 25
45.4%
36.5%
Q1 25
46.7%
36.3%
Q4 24
43.5%
36.2%
Q3 24
41.0%
34.9%
Q2 24
43.8%
29.9%
Q1 24
45.9%
28.3%
Operating Margin
BBWI
BBWI
BILI
BILI
Q4 25
10.1%
5.8%
Q3 25
10.1%
4.6%
Q2 25
14.7%
3.4%
Q1 25
24.3%
0.2%
Q4 24
13.5%
-16.0%
Q3 24
12.0%
0.9%
Q2 24
13.5%
9.5%
Q1 24
23.9%
-14.5%
Net Margin
BBWI
BBWI
BILI
BILI
Q4 25
4.8%
6.0%
Q3 25
4.1%
6.1%
Q2 25
7.4%
3.0%
Q1 25
16.3%
-0.2%
Q4 24
6.6%
-17.5%
Q3 24
10.0%
1.1%
Q2 24
6.3%
9.9%
Q1 24
19.9%
-13.5%
EPS (diluted)
BBWI
BBWI
BILI
BILI
Q4 25
$0.37
$1.14
Q3 25
$0.30
$1.05
Q2 25
$0.49
$0.51
Q1 25
$2.06
$0.00
Q4 24
$0.49
$0.21
Q3 24
$0.68
$-0.03
Q2 24
$0.38
$-0.20
Q1 24
$2.54
$-1.80

Balance Sheet & Financial Strength

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

Metric
BBWI
BBWI
BILI
BILI
Cash + ST InvestmentsLiquidity on hand
$236.0M
$2.7B
Total DebtLower is stronger
$3.9B
$1.4B
Stockholders' EquityBook value
$-1.6B
$2.2B
Total Assets
$5.0B
$5.9B
Debt / EquityLower = less leverage
0.62×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
BBWI
BBWI
BILI
BILI
Q4 25
$236.0M
$2.7B
Q3 25
$364.0M
$2.4B
Q2 25
$636.0M
Q1 25
$674.0M
$1.9B
Q4 24
$191.0M
$1.8B
Q3 24
$514.0M
$11.7B
Q2 24
$855.0M
Q1 24
$1.1B
$1.1B
Total Debt
BBWI
BBWI
BILI
BILI
Q4 25
$3.9B
$1.4B
Q3 25
$3.9B
$1.4B
Q2 25
$3.9B
Q1 25
$3.9B
$700.3M
Q4 24
$4.2B
$662.5M
Q3 24
$4.2B
$4.3B
Q2 24
$4.3B
Q1 24
$4.4B
$684.5M
Stockholders' Equity
BBWI
BBWI
BILI
BILI
Q4 25
$-1.6B
$2.2B
Q3 25
$-1.5B
$2.1B
Q2 25
$-1.5B
Q1 25
$-1.4B
$2.0B
Q4 24
$-1.7B
$1.9B
Q3 24
$-1.7B
$13.7B
Q2 24
$-1.7B
Q1 24
$-1.6B
$1.9B
Total Assets
BBWI
BBWI
BILI
BILI
Q4 25
$5.0B
$5.9B
Q3 25
$4.8B
$5.6B
Q2 25
$4.9B
Q1 25
$4.9B
$4.6B
Q4 24
$5.0B
$4.5B
Q3 24
$4.9B
$32.0B
Q2 24
$5.2B
Q1 24
$5.5B
$4.2B
Debt / Equity
BBWI
BBWI
BILI
BILI
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
BBWI
BBWI
BILI
BILI
Operating Cash FlowLast quarter
$80.0M
$263.1M
Free Cash FlowOCF − Capex
$-1.0M
FCF MarginFCF / Revenue
-0.1%
Capex IntensityCapex / Revenue
5.1%
Cash ConversionOCF / Net Profit
1.04×
3.47×
TTM Free Cash FlowTrailing 4 quarters
$946.0M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
BBWI
BBWI
BILI
BILI
Q4 25
$80.0M
$263.1M
Q3 25
$-43.0M
$283.2M
Q2 25
$188.0M
$277.7M
Q1 25
$955.0M
$179.4M
Q4 24
$-99.0M
$191.9M
Q3 24
$-46.0M
$2.2B
Q2 24
$76.0M
Q1 24
$926.0M
$88.3M
Free Cash Flow
BBWI
BBWI
BILI
BILI
Q4 25
$-1.0M
Q3 25
$-99.0M
Q2 25
$151.0M
Q1 25
$895.0M
$174.5M
Q4 24
$-164.0M
Q3 24
$-101.0M
Q2 24
$30.0M
Q1 24
$878.0M
FCF Margin
BBWI
BBWI
BILI
BILI
Q4 25
-0.1%
Q3 25
-6.4%
Q2 25
10.6%
Q1 25
32.1%
18.1%
Q4 24
-10.2%
Q3 24
-6.6%
Q2 24
2.2%
Q1 24
30.2%
Capex Intensity
BBWI
BBWI
BILI
BILI
Q4 25
5.1%
Q3 25
3.6%
Q2 25
2.6%
Q1 25
2.2%
0.5%
Q4 24
4.0%
Q3 24
3.6%
Q2 24
3.3%
Q1 24
1.6%
Cash Conversion
BBWI
BBWI
BILI
BILI
Q4 25
1.04×
3.47×
Q3 25
-0.67×
4.30×
Q2 25
1.79×
9.11×
Q1 25
2.11×
Q4 24
-0.93×
Q3 24
-0.30×
195.23×
Q2 24
0.87×
Q1 24
1.60×

Financial Flow Comparison

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

Revenue Breakdown by Segment

BBWI
BBWI

Bath Body Works Stores$1.2B77%
Bath Body Works Direct$299.0M19%
Bath Body Works International$73.0M5%

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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