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Side-by-side financial comparison of Bilibili Inc. (BILI) and Public Storage (PSA). Click either name above to swap in a different company.
Bilibili Inc. is the larger business by last-quarter revenue ($1.3B vs $1.2B, roughly 1.0× Public Storage). Public Storage runs the higher net margin — 41.7% vs 6.0%, a 35.7% gap on every dollar of revenue. On growth, Bilibili Inc. posted the faster year-over-year revenue change (26.2% vs 3.3%). Over the past eight quarters, Bilibili Inc.'s revenue compounded faster (27.3% CAGR vs 2.5%).
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.
Public Storage, headquartered in Glendale, California, is a real estate investment trust that invests in self storage. It is the largest brand of self-storage services in the US and owns approximately 9% of the self storage square footage in the U.S. As of December 31, 2024, the company operated 3,073 self-storage facilities containing an aggregate of 221 million net rentable square feet of space.
BILI vs PSA — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $1.3B | $1.2B |
| Net Profit | $75.7M | $507.1M |
| Gross Margin | 37.0% | — |
| Operating Margin | 5.8% | 40.7% |
| Net Margin | 6.0% | 41.7% |
| Revenue YoY | 26.2% | 3.3% |
| Net Profit YoY | 143.0% | -17.5% |
| EPS (diluted) | $1.14 | $2.59 |
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 | $1.3B | $1.2B | ||
| Q3 25 | $1.1B | $1.2B | ||
| Q2 25 | $1.0B | $1.2B | ||
| Q1 25 | $965.1M | $1.2B | ||
| Q4 24 | $1.0B | $1.2B | ||
| Q3 24 | $1.0B | $1.2B | ||
| Q2 24 | $843.1M | $1.2B | ||
| Q1 24 | $784.5M | $1.2B |
| Q4 25 | $75.7M | $507.1M | ||
| Q3 25 | $65.9M | $511.1M | ||
| Q2 25 | $30.5M | $358.4M | ||
| Q1 25 | $-1.5M | $407.8M | ||
| Q4 24 | $-176.0M | $614.6M | ||
| Q3 24 | $11.4M | $430.3M | ||
| Q2 24 | $83.7M | $518.1M | ||
| Q1 24 | $-105.9M | $508.9M |
| 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 | 5.8% | 40.7% | ||
| Q3 25 | 4.6% | 42.3% | ||
| Q2 25 | 3.4% | 30.4% | ||
| Q1 25 | 0.2% | 34.8% | ||
| Q4 24 | -16.0% | 52.4% | ||
| Q3 24 | 0.9% | 36.7% | ||
| Q2 24 | 9.5% | 44.6% | ||
| Q1 24 | -14.5% | 44.3% |
| Q4 25 | 6.0% | 41.7% | ||
| Q3 25 | 6.1% | 41.8% | ||
| Q2 25 | 3.0% | 29.8% | ||
| Q1 25 | -0.2% | 34.5% | ||
| Q4 24 | -17.5% | 52.2% | ||
| Q3 24 | 1.1% | 36.2% | ||
| Q2 24 | 9.9% | 44.2% | ||
| Q1 24 | -13.5% | 44.0% |
| Q4 25 | $1.14 | $2.59 | ||
| Q3 25 | $1.05 | $2.62 | ||
| Q2 25 | $0.51 | $1.76 | ||
| Q1 25 | $0.00 | $2.04 | ||
| Q4 24 | $0.21 | $3.22 | ||
| Q3 24 | $-0.03 | $2.16 | ||
| Q2 24 | $-0.20 | $2.66 | ||
| Q1 24 | $-1.80 | $2.60 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $2.7B | $318.1M |
| Total DebtLower is stronger | $1.4B | $10.3B |
| Stockholders' EquityBook value | $2.2B | $9.2B |
| Total Assets | $5.9B | $20.2B |
| Debt / EquityLower = less leverage | 0.62× | 1.11× |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $2.7B | $318.1M | ||
| Q3 25 | $2.4B | $296.5M | ||
| Q2 25 | — | $1.1B | ||
| Q1 25 | $1.9B | $287.2M | ||
| Q4 24 | $1.8B | $447.4M | ||
| Q3 24 | $11.7B | $599.0M | ||
| Q2 24 | — | $542.3M | ||
| Q1 24 | $1.1B | $271.6M |
| Q4 25 | $1.4B | $10.3B | ||
| Q3 25 | $1.4B | $10.0B | ||
| Q2 25 | — | $10.4B | ||
| Q1 25 | $700.3M | $9.4B | ||
| Q4 24 | $662.5M | $9.4B | ||
| Q3 24 | $4.3B | $9.5B | ||
| Q2 24 | — | $9.4B | ||
| Q1 24 | $684.5M | $9.1B |
| Q4 25 | $2.2B | $9.2B | ||
| Q3 25 | $2.1B | $9.3B | ||
| Q2 25 | — | $9.4B | ||
| Q1 25 | $2.0B | $9.6B | ||
| Q4 24 | $1.9B | $9.7B | ||
| Q3 24 | $13.7B | $9.6B | ||
| Q2 24 | — | $9.7B | ||
| Q1 24 | $1.9B | $9.9B |
| Q4 25 | $5.9B | $20.2B | ||
| Q3 25 | $5.6B | $20.1B | ||
| Q2 25 | — | $20.5B | ||
| Q1 25 | $4.6B | $19.6B | ||
| Q4 24 | $4.5B | $19.8B | ||
| Q3 24 | $32.0B | $19.8B | ||
| Q2 24 | — | $19.8B | ||
| Q1 24 | $4.2B | $19.6B |
| Q4 25 | 0.62× | 1.11× | ||
| Q3 25 | 0.65× | 1.08× | ||
| Q2 25 | — | 1.11× | ||
| Q1 25 | 0.35× | 0.99× | ||
| Q4 24 | 0.34× | 0.96× | ||
| Q3 24 | 0.31× | 0.99× | ||
| Q2 24 | — | 0.97× | ||
| Q1 24 | 0.36× | 0.91× |
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 | $263.1M | $733.6M |
| Free Cash FlowOCF − Capex | — | — |
| FCF MarginFCF / Revenue | — | — |
| Capex IntensityCapex / Revenue | — | — |
| Cash ConversionOCF / Net Profit | 3.47× | 1.45× |
| TTM Free Cash FlowTrailing 4 quarters | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $263.1M | $733.6M | ||
| Q3 25 | $283.2M | $875.1M | ||
| Q2 25 | $277.7M | $872.7M | ||
| Q1 25 | $179.4M | $705.1M | ||
| Q4 24 | $191.9M | $768.6M | ||
| Q3 24 | $2.2B | $798.8M | ||
| Q2 24 | — | $895.3M | ||
| Q1 24 | $88.3M | $665.6M |
| 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 | 3.47× | 1.45× | ||
| Q3 25 | 4.30× | 1.71× | ||
| Q2 25 | 9.11× | 2.43× | ||
| Q1 25 | — | 1.73× | ||
| Q4 24 | — | 1.25× | ||
| Q3 24 | 195.23× | 1.86× | ||
| Q2 24 | — | 1.73× | ||
| Q1 24 | — | 1.31× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
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% |
PSA
| Self Storage Operations | $1.1B | 93% |
| Ancillary Operations | $86.9M | 7% |
