vs

Side-by-side financial comparison of BELDEN INC. (BDC) 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 $720.1M, roughly 1.8× BELDEN INC.). BELDEN INC. runs the higher net margin — 9.4% vs 6.0%, a 3.5% gap on every dollar of revenue. On growth, Bilibili Inc. posted the faster year-over-year revenue change (26.2% vs 8.1%). Over the past eight quarters, Bilibili Inc.'s revenue compounded faster (27.3% CAGR vs 9.2%).

Belden Inc. is an American, multinational, publicly traded company specializing in the design, manufacture, and distribution of end-to-end networking, security and connectivity products. The company serves the Industrial Automation Solutions, Smart Buildings and Broadband & 5G markets.

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.

BDC vs BILI — Head-to-Head

Bigger by revenue
BILI
BILI
1.8× larger
BILI
$1.3B
$720.1M
BDC
Growing faster (revenue YoY)
BILI
BILI
+18.0% gap
BILI
26.2%
8.1%
BDC
Higher net margin
BDC
BDC
3.5% more per $
BDC
9.4%
6.0%
BILI
Faster 2-yr revenue CAGR
BILI
BILI
Annualised
BILI
27.3%
9.2%
BDC

Income Statement — Q1 FY2026 vs Q4 FY2025

Metric
BDC
BDC
BILI
BILI
Revenue
$720.1M
$1.3B
Net Profit
$67.9M
$75.7M
Gross Margin
36.6%
37.0%
Operating Margin
12.2%
5.8%
Net Margin
9.4%
6.0%
Revenue YoY
8.1%
26.2%
Net Profit YoY
16.3%
143.0%
EPS (diluted)
$1.70
$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
BDC
BDC
BILI
BILI
Q1 26
$720.1M
Q4 25
$720.1M
$1.3B
Q3 25
$698.2M
$1.1B
Q2 25
$672.0M
$1.0B
Q1 25
$624.9M
$965.1M
Q4 24
$666.0M
$1.0B
Q3 24
$654.9M
$1.0B
Q2 24
$604.3M
$843.1M
Net Profit
BDC
BDC
BILI
BILI
Q1 26
$67.9M
Q4 25
$67.9M
$75.7M
Q3 25
$56.7M
$65.9M
Q2 25
$61.0M
$30.5M
Q1 25
$51.9M
$-1.5M
Q4 24
$58.4M
$-176.0M
Q3 24
$53.7M
$11.4M
Q2 24
$49.0M
$83.7M
Gross Margin
BDC
BDC
BILI
BILI
Q1 26
36.6%
Q4 25
36.6%
37.0%
Q3 25
37.7%
36.7%
Q2 25
38.5%
36.5%
Q1 25
39.3%
36.3%
Q4 24
37.5%
36.2%
Q3 24
37.3%
34.9%
Q2 24
37.5%
29.9%
Operating Margin
BDC
BDC
BILI
BILI
Q1 26
12.2%
Q4 25
12.2%
5.8%
Q3 25
10.9%
4.6%
Q2 25
11.8%
3.4%
Q1 25
11.6%
0.2%
Q4 24
10.4%
-16.0%
Q3 24
11.5%
0.9%
Q2 24
11.4%
9.5%
Net Margin
BDC
BDC
BILI
BILI
Q1 26
9.4%
Q4 25
9.4%
6.0%
Q3 25
8.1%
6.1%
Q2 25
9.1%
3.0%
Q1 25
8.3%
-0.2%
Q4 24
8.8%
-17.5%
Q3 24
8.2%
1.1%
Q2 24
8.1%
9.9%
EPS (diluted)
BDC
BDC
BILI
BILI
Q1 26
$1.70
Q4 25
$1.70
$1.14
Q3 25
$1.41
$1.05
Q2 25
$1.53
$0.51
Q1 25
$1.27
$0.00
Q4 24
$1.41
$0.21
Q3 24
$1.30
$-0.03
Q2 24
$1.19
$-0.20

Balance Sheet & Financial Strength

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

Metric
BDC
BDC
BILI
BILI
Cash + ST InvestmentsLiquidity on hand
$389.9M
$2.7B
Total DebtLower is stronger
$1.3B
$1.4B
Stockholders' EquityBook value
$1.3B
$2.2B
Total Assets
$5.9B
Debt / EquityLower = less leverage
1.02×
0.62×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
BDC
BDC
BILI
BILI
Q1 26
$389.9M
Q4 25
$389.9M
$2.7B
Q3 25
$314.3M
$2.4B
Q2 25
$301.5M
Q1 25
$259.0M
$1.9B
Q4 24
$370.3M
$1.8B
Q3 24
$323.0M
$11.7B
Q2 24
$564.8M
Total Debt
BDC
BDC
BILI
BILI
Q1 26
$1.3B
Q4 25
$1.4B
Q3 25
$1.4B
Q2 25
Q1 25
$700.3M
Q4 24
$662.5M
Q3 24
$4.3B
Q2 24
Stockholders' Equity
BDC
BDC
BILI
BILI
Q1 26
$1.3B
Q4 25
$1.3B
$2.2B
Q3 25
$1.2B
$2.1B
Q2 25
$1.2B
Q1 25
$1.2B
$2.0B
Q4 24
$1.3B
$1.9B
Q3 24
$1.2B
$13.7B
Q2 24
$1.2B
Total Assets
BDC
BDC
BILI
BILI
Q1 26
Q4 25
$3.5B
$5.9B
Q3 25
$3.4B
$5.6B
Q2 25
$3.4B
Q1 25
$3.3B
$4.6B
Q4 24
$3.3B
$4.5B
Q3 24
$3.3B
$32.0B
Q2 24
$3.5B
Debt / Equity
BDC
BDC
BILI
BILI
Q1 26
1.02×
Q4 25
0.62×
Q3 25
0.65×
Q2 25
Q1 25
0.35×
Q4 24
0.34×
Q3 24
0.31×
Q2 24

Cash Flow & Capital Efficiency

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

Metric
BDC
BDC
BILI
BILI
Operating Cash FlowLast quarter
$354.9M
$263.1M
Free Cash FlowOCF − Capex
$121.3M
FCF MarginFCF / Revenue
16.8%
Capex IntensityCapex / Revenue
18.9%
Cash ConversionOCF / Net Profit
5.23×
3.47×
TTM Free Cash FlowTrailing 4 quarters
$364.7M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
BDC
BDC
BILI
BILI
Q1 26
$354.9M
Q4 25
$160.4M
$263.1M
Q3 25
$105.0M
$283.2M
Q2 25
$82.0M
$277.7M
Q1 25
$7.4M
$179.4M
Q4 24
$174.7M
$191.9M
Q3 24
$91.7M
$2.2B
Q2 24
$83.0M
Free Cash Flow
BDC
BDC
BILI
BILI
Q1 26
$121.3M
Q4 25
$121.3M
Q3 25
$65.3M
Q2 25
$56.9M
Q1 25
$-24.8M
$174.5M
Q4 24
$116.4M
Q3 24
$67.2M
Q2 24
$61.0M
FCF Margin
BDC
BDC
BILI
BILI
Q1 26
16.8%
Q4 25
16.8%
Q3 25
9.4%
Q2 25
8.5%
Q1 25
-4.0%
18.1%
Q4 24
17.5%
Q3 24
10.3%
Q2 24
10.1%
Capex Intensity
BDC
BDC
BILI
BILI
Q1 26
18.9%
Q4 25
5.4%
Q3 25
5.7%
Q2 25
3.7%
Q1 25
5.2%
0.5%
Q4 24
8.8%
Q3 24
3.7%
Q2 24
3.6%
Cash Conversion
BDC
BDC
BILI
BILI
Q1 26
5.23×
Q4 25
2.36×
3.47×
Q3 25
1.85×
4.30×
Q2 25
1.34×
9.11×
Q1 25
0.14×
Q4 24
2.99×
Q3 24
1.71×
195.23×
Q2 24
1.69×

Financial Flow Comparison

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

Revenue Breakdown by Segment

BDC
BDC

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%

Related Comparisons