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Side-by-side financial comparison of Bilibili Inc. (BILI) and MUELLER INDUSTRIES INC (MLI). Click either name above to swap in a different company.

Bilibili Inc. is the larger business by last-quarter revenue ($1.3B vs $962.4M, roughly 1.3× MUELLER INDUSTRIES INC). MUELLER INDUSTRIES INC runs the higher net margin — 16.0% vs 6.0%, a 10.0% gap on every dollar of revenue. On growth, Bilibili Inc. posted the faster year-over-year revenue change (26.2% vs 4.2%). Over the past eight quarters, Bilibili Inc.'s revenue compounded faster (27.3% CAGR vs 6.4%).

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.

Mueller Industries is an American manufacturing company that specializes in piping, industrial metals and climate machinery. It was founded in 1917 and is included on the Fortune 1000 list in 2022. The head office of the company is located in Memphis, Tennessee. Mueller Industries, Inc. is a multi-billion dollar revenue company that is publicly traded.

BILI vs MLI — Head-to-Head

Bigger by revenue
BILI
BILI
1.3× larger
BILI
$1.3B
$962.4M
MLI
Growing faster (revenue YoY)
BILI
BILI
+21.9% gap
BILI
26.2%
4.2%
MLI
Higher net margin
MLI
MLI
10.0% more per $
MLI
16.0%
6.0%
BILI
Faster 2-yr revenue CAGR
BILI
BILI
Annualised
BILI
27.3%
6.4%
MLI

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
BILI
BILI
MLI
MLI
Revenue
$1.3B
$962.4M
Net Profit
$75.7M
$153.7M
Gross Margin
37.0%
Operating Margin
5.8%
17.9%
Net Margin
6.0%
16.0%
Revenue YoY
26.2%
4.2%
Net Profit YoY
143.0%
11.7%
EPS (diluted)
$1.14
$1.37

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
BILI
BILI
MLI
MLI
Q4 25
$1.3B
$962.4M
Q3 25
$1.1B
$1.1B
Q2 25
$1.0B
$1.1B
Q1 25
$965.1M
$1.0B
Q4 24
$1.0B
$923.5M
Q3 24
$1.0B
$997.8M
Q2 24
$843.1M
$997.7M
Q1 24
$784.5M
$849.7M
Net Profit
BILI
BILI
MLI
MLI
Q4 25
$75.7M
$153.7M
Q3 25
$65.9M
$208.1M
Q2 25
$30.5M
$245.9M
Q1 25
$-1.5M
$157.4M
Q4 24
$-176.0M
$137.7M
Q3 24
$11.4M
$168.7M
Q2 24
$83.7M
$160.2M
Q1 24
$-105.9M
$138.4M
Gross Margin
BILI
BILI
MLI
MLI
Q4 25
37.0%
Q3 25
36.7%
Q2 25
36.5%
Q1 25
36.3%
Q4 24
36.2%
Q3 24
34.9%
27.6%
Q2 24
29.9%
27.3%
Q1 24
28.3%
28.4%
Operating Margin
BILI
BILI
MLI
MLI
Q4 25
5.8%
17.9%
Q3 25
4.6%
25.6%
Q2 25
3.4%
26.7%
Q1 25
0.2%
20.6%
Q4 24
-16.0%
18.4%
Q3 24
0.9%
20.7%
Q2 24
9.5%
21.0%
Q1 24
-14.5%
21.6%
Net Margin
BILI
BILI
MLI
MLI
Q4 25
6.0%
16.0%
Q3 25
6.1%
19.3%
Q2 25
3.0%
21.6%
Q1 25
-0.2%
15.7%
Q4 24
-17.5%
14.9%
Q3 24
1.1%
16.9%
Q2 24
9.9%
16.1%
Q1 24
-13.5%
16.3%
EPS (diluted)
BILI
BILI
MLI
MLI
Q4 25
$1.14
$1.37
Q3 25
$1.05
$1.88
Q2 25
$0.51
$2.22
Q1 25
$0.00
$1.39
Q4 24
$0.21
$1.21
Q3 24
$-0.03
$1.48
Q2 24
$-0.20
$1.41
Q1 24
$-1.80
$1.21

Balance Sheet & Financial Strength

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

Metric
BILI
BILI
MLI
MLI
Cash + ST InvestmentsLiquidity on hand
$2.7B
$1.4B
Total DebtLower is stronger
$1.4B
Stockholders' EquityBook value
$2.2B
$3.2B
Total Assets
$5.9B
$3.7B
Debt / EquityLower = less leverage
0.62×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
BILI
BILI
MLI
MLI
Q4 25
$2.7B
$1.4B
Q3 25
$2.4B
$1.3B
Q2 25
$1.1B
Q1 25
$1.9B
$873.6M
Q4 24
$1.8B
$1.1B
Q3 24
$11.7B
$969.6M
Q2 24
$825.7M
Q1 24
$1.1B
$1.4B
Total Debt
BILI
BILI
MLI
MLI
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
Stockholders' Equity
BILI
BILI
MLI
MLI
Q4 25
$2.2B
$3.2B
Q3 25
$2.1B
$3.1B
Q2 25
$2.9B
Q1 25
$2.0B
$2.7B
Q4 24
$1.9B
$2.8B
Q3 24
$13.7B
$2.7B
Q2 24
$2.5B
Q1 24
$1.9B
$2.4B
Total Assets
BILI
BILI
MLI
MLI
Q4 25
$5.9B
$3.7B
Q3 25
$5.6B
$3.7B
Q2 25
$3.5B
Q1 25
$4.6B
$3.2B
Q4 24
$4.5B
$3.3B
Q3 24
$32.0B
$3.2B
Q2 24
$3.1B
Q1 24
$4.2B
$2.9B
Debt / Equity
BILI
BILI
MLI
MLI
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
BILI
BILI
MLI
MLI
Operating Cash FlowLast quarter
$263.1M
$141.2M
Free Cash FlowOCF − Capex
$121.4M
FCF MarginFCF / Revenue
12.6%
Capex IntensityCapex / Revenue
2.1%
Cash ConversionOCF / Net Profit
3.47×
0.92×
TTM Free Cash FlowTrailing 4 quarters
$686.6M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
BILI
BILI
MLI
MLI
Q4 25
$263.1M
$141.2M
Q3 25
$283.2M
$310.1M
Q2 25
$277.7M
$190.6M
Q1 25
$179.4M
$113.6M
Q4 24
$191.9M
$140.1M
Q3 24
$2.2B
$231.4M
Q2 24
$100.8M
Q1 24
$88.3M
$173.6M
Free Cash Flow
BILI
BILI
MLI
MLI
Q4 25
$121.4M
Q3 25
$291.8M
Q2 25
$176.5M
Q1 25
$174.5M
$97.0M
Q4 24
$111.2M
Q3 24
$205.7M
Q2 24
$91.6M
Q1 24
$157.2M
FCF Margin
BILI
BILI
MLI
MLI
Q4 25
12.6%
Q3 25
27.1%
Q2 25
15.5%
Q1 25
18.1%
9.7%
Q4 24
12.0%
Q3 24
20.6%
Q2 24
9.2%
Q1 24
18.5%
Capex Intensity
BILI
BILI
MLI
MLI
Q4 25
2.1%
Q3 25
1.7%
Q2 25
1.2%
Q1 25
0.5%
1.7%
Q4 24
3.1%
Q3 24
2.6%
Q2 24
0.9%
Q1 24
1.9%
Cash Conversion
BILI
BILI
MLI
MLI
Q4 25
3.47×
0.92×
Q3 25
4.30×
1.49×
Q2 25
9.11×
0.78×
Q1 25
0.72×
Q4 24
1.02×
Q3 24
195.23×
1.37×
Q2 24
0.63×
Q1 24
1.25×

Financial Flow Comparison

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

Revenue Breakdown by Segment

BILI
BILI

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

MLI
MLI

Tube And Fittings$484.6M50%
Industrial Metals$252.2M26%
Valves And Plumbing Specialties$122.5M13%
Flex Duct And Other HVAC Components$80.8M8%
Other Products$14.9M2%

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