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Side-by-side financial comparison of Bilibili Inc. (BILI) and OLD REPUBLIC INTERNATIONAL CORP (ORI). Click either name above to swap in a different company.

OLD REPUBLIC INTERNATIONAL CORP is the larger business by last-quarter revenue ($2.4B vs $1.3B, roughly 1.9× Bilibili Inc.). OLD REPUBLIC INTERNATIONAL CORP runs the higher net margin — 13.8% vs 6.0%, a 7.8% gap on every dollar of revenue. On growth, Bilibili Inc. posted the faster year-over-year revenue change (26.2% vs 6.7%). Over the past eight quarters, Bilibili Inc.'s revenue compounded faster (27.3% CAGR vs 13.2%).

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.

Old Republic International Corporation is an American property insurance and title insurance company. The company is headquartered in Chicago, Illinois.

BILI vs ORI — Head-to-Head

Bigger by revenue
ORI
ORI
1.9× larger
ORI
$2.4B
$1.3B
BILI
Growing faster (revenue YoY)
BILI
BILI
+19.4% gap
BILI
26.2%
6.7%
ORI
Higher net margin
ORI
ORI
7.8% more per $
ORI
13.8%
6.0%
BILI
Faster 2-yr revenue CAGR
BILI
BILI
Annualised
BILI
27.3%
13.2%
ORI

Income Statement — Q4 FY2025 vs Q1 FY2026

Metric
BILI
BILI
ORI
ORI
Revenue
$1.3B
$2.4B
Net Profit
$75.7M
$330.0M
Gross Margin
37.0%
Operating Margin
5.8%
Net Margin
6.0%
13.8%
Revenue YoY
26.2%
6.7%
Net Profit YoY
143.0%
34.7%
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.

Revenue
BILI
BILI
ORI
ORI
Q1 26
$2.4B
Q4 25
$1.3B
$2.4B
Q3 25
$1.1B
$2.4B
Q2 25
$1.0B
$2.2B
Q1 25
$965.1M
$2.1B
Q4 24
$1.0B
$2.0B
Q3 24
$1.0B
$2.3B
Q2 24
$843.1M
$1.9B
Net Profit
BILI
BILI
ORI
ORI
Q1 26
$330.0M
Q4 25
$75.7M
$206.5M
Q3 25
$65.9M
$279.5M
Q2 25
$30.5M
$204.4M
Q1 25
$-1.5M
$245.0M
Q4 24
$-176.0M
$105.3M
Q3 24
$11.4M
$338.9M
Q2 24
$83.7M
$91.8M
Gross Margin
BILI
BILI
ORI
ORI
Q1 26
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%
Operating Margin
BILI
BILI
ORI
ORI
Q1 26
Q4 25
5.8%
Q3 25
4.6%
14.6%
Q2 25
3.4%
11.8%
Q1 25
0.2%
14.6%
Q4 24
-16.0%
Q3 24
0.9%
18.2%
Q2 24
9.5%
6.1%
Net Margin
BILI
BILI
ORI
ORI
Q1 26
13.8%
Q4 25
6.0%
8.6%
Q3 25
6.1%
11.5%
Q2 25
3.0%
9.3%
Q1 25
-0.2%
11.6%
Q4 24
-17.5%
5.3%
Q3 24
1.1%
14.5%
Q2 24
9.9%
4.9%
EPS (diluted)
BILI
BILI
ORI
ORI
Q1 26
Q4 25
$1.14
$0.82
Q3 25
$1.05
$1.11
Q2 25
$0.51
$0.81
Q1 25
$0.00
$0.98
Q4 24
$0.21
$0.42
Q3 24
$-0.03
$1.32
Q2 24
$-0.20
$0.35

Balance Sheet & Financial Strength

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

Metric
BILI
BILI
ORI
ORI
Cash + ST InvestmentsLiquidity on hand
$2.7B
Total DebtLower is stronger
$1.4B
Stockholders' EquityBook value
$2.2B
$5.9M
Total Assets
$5.9B
$29.6M
Debt / EquityLower = less leverage
0.62×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
BILI
BILI
ORI
ORI
Q1 26
Q4 25
$2.7B
Q3 25
$2.4B
Q2 25
Q1 25
$1.9B
Q4 24
$1.8B
Q3 24
$11.7B
Q2 24
Total Debt
BILI
BILI
ORI
ORI
Q1 26
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
BILI
BILI
ORI
ORI
Q1 26
$5.9M
Q4 25
$2.2B
$5.9B
Q3 25
$2.1B
$6.4B
Q2 25
$6.2B
Q1 25
$2.0B
$5.9B
Q4 24
$1.9B
$5.6B
Q3 24
$13.7B
$6.4B
Q2 24
$6.0B
Total Assets
BILI
BILI
ORI
ORI
Q1 26
$29.6M
Q4 25
$5.9B
$29.9B
Q3 25
$5.6B
$30.3B
Q2 25
$29.3B
Q1 25
$4.6B
$28.0B
Q4 24
$4.5B
$27.8B
Q3 24
$32.0B
$28.8B
Q2 24
$27.5B
Debt / Equity
BILI
BILI
ORI
ORI
Q1 26
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
BILI
BILI
ORI
ORI
Operating Cash FlowLast quarter
$263.1M
Free Cash FlowOCF − Capex
FCF MarginFCF / Revenue
Capex IntensityCapex / Revenue
Cash ConversionOCF / Net Profit
3.47×
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
BILI
BILI
ORI
ORI
Q1 26
Q4 25
$263.1M
$234.9M
Q3 25
$283.2M
$563.9M
Q2 25
$277.7M
$133.8M
Q1 25
$179.4M
$231.7M
Q4 24
$191.9M
$361.7M
Q3 24
$2.2B
$474.8M
Q2 24
$236.5M
Free Cash Flow
BILI
BILI
ORI
ORI
Q1 26
Q4 25
Q3 25
Q2 25
Q1 25
$174.5M
Q4 24
Q3 24
Q2 24
FCF Margin
BILI
BILI
ORI
ORI
Q1 26
Q4 25
Q3 25
Q2 25
Q1 25
18.1%
Q4 24
Q3 24
Q2 24
Capex Intensity
BILI
BILI
ORI
ORI
Q1 26
Q4 25
Q3 25
Q2 25
Q1 25
0.5%
Q4 24
Q3 24
Q2 24
Cash Conversion
BILI
BILI
ORI
ORI
Q1 26
Q4 25
3.47×
1.14×
Q3 25
4.30×
2.02×
Q2 25
9.11×
0.65×
Q1 25
0.95×
Q4 24
3.43×
Q3 24
195.23×
1.40×
Q2 24
2.58×

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%

ORI
ORI

operating$2.2B92%
Other$201.8M8%

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