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Side-by-side financial comparison of Bilibili Inc. (BILI) and Vulcan Materials Company (VMC). Click either name above to swap in a different company.

Vulcan Materials Company is the larger business by last-quarter revenue ($1.8B vs $1.3B, roughly 1.4× Bilibili Inc.). Vulcan Materials Company runs the higher net margin — 9.4% vs 6.0%, a 3.4% gap on every dollar of revenue. On growth, Bilibili Inc. posted the faster year-over-year revenue change (26.2% vs 7.4%). Over the past eight quarters, Bilibili Inc.'s revenue compounded faster (27.3% CAGR vs -6.6%).

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.

Vulcan Materials Company is an American company based in Birmingham, Alabama. It is principally engaged in the production, distribution and sale of construction materials. Vulcan is the largest producer of construction materials, primarily gravel, crushed stone, and sand, and employs approximately 12,000 people at over 400 facilities. Vulcan serves 22 states, the District of Columbia, Mexico, Canada, Bahamas and the U.S. Virgin Islands.

BILI vs VMC — Head-to-Head

Bigger by revenue
VMC
VMC
1.4× larger
VMC
$1.8B
$1.3B
BILI
Growing faster (revenue YoY)
BILI
BILI
+18.8% gap
BILI
26.2%
7.4%
VMC
Higher net margin
VMC
VMC
3.4% more per $
VMC
9.4%
6.0%
BILI
Faster 2-yr revenue CAGR
BILI
BILI
Annualised
BILI
27.3%
-6.6%
VMC

Income Statement — Q4 FY2025 vs Q1 FY2026

Metric
BILI
BILI
VMC
VMC
Revenue
$1.3B
$1.8B
Net Profit
$75.7M
$165.0M
Gross Margin
37.0%
24.1%
Operating Margin
5.8%
15.1%
Net Margin
6.0%
9.4%
Revenue YoY
26.2%
7.4%
Net Profit YoY
143.0%
27.9%
EPS (diluted)
$1.14
$1.35

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
VMC
VMC
Q1 26
$1.8B
Q4 25
$1.3B
$1.9B
Q3 25
$1.1B
$2.3B
Q2 25
$1.0B
$2.1B
Q1 25
$965.1M
$1.6B
Q4 24
$1.0B
$1.9B
Q3 24
$1.0B
$2.0B
Q2 24
$843.1M
$2.0B
Net Profit
BILI
BILI
VMC
VMC
Q1 26
$165.0M
Q4 25
$75.7M
$252.0M
Q3 25
$65.9M
$374.9M
Q2 25
$30.5M
$320.9M
Q1 25
$-1.5M
$128.9M
Q4 24
$-176.0M
$293.6M
Q3 24
$11.4M
$207.6M
Q2 24
$83.7M
$308.0M
Gross Margin
BILI
BILI
VMC
VMC
Q1 26
24.1%
Q4 25
37.0%
25.5%
Q3 25
36.7%
30.4%
Q2 25
36.5%
29.7%
Q1 25
36.3%
22.3%
Q4 24
36.2%
29.0%
Q3 24
34.9%
28.2%
Q2 24
29.9%
29.4%
Operating Margin
BILI
BILI
VMC
VMC
Q1 26
15.1%
Q4 25
5.8%
19.8%
Q3 25
4.6%
23.7%
Q2 25
3.4%
22.4%
Q1 25
0.2%
13.9%
Q4 24
-16.0%
21.6%
Q3 24
0.9%
16.8%
Q2 24
9.5%
22.5%
Net Margin
BILI
BILI
VMC
VMC
Q1 26
9.4%
Q4 25
6.0%
13.2%
Q3 25
6.1%
16.4%
Q2 25
3.0%
15.3%
Q1 25
-0.2%
7.9%
Q4 24
-17.5%
15.8%
Q3 24
1.1%
10.4%
Q2 24
9.9%
15.3%
EPS (diluted)
BILI
BILI
VMC
VMC
Q1 26
$1.35
Q4 25
$1.14
$1.90
Q3 25
$1.05
$2.82
Q2 25
$0.51
$2.42
Q1 25
$0.00
$0.97
Q4 24
$0.21
$2.21
Q3 24
$-0.03
$1.56
Q2 24
$-0.20
$2.31

Balance Sheet & Financial Strength

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

Metric
BILI
BILI
VMC
VMC
Cash + ST InvestmentsLiquidity on hand
$2.7B
$140.2M
Total DebtLower is stronger
$1.4B
$4.4B
Stockholders' EquityBook value
$2.2B
$8.5B
Total Assets
$5.9B
$16.7B
Debt / EquityLower = less leverage
0.62×
0.51×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
BILI
BILI
VMC
VMC
Q1 26
$140.2M
Q4 25
$2.7B
$183.3M
Q3 25
$2.4B
$191.3M
Q2 25
$347.4M
Q1 25
$1.9B
$181.3M
Q4 24
$1.8B
$559.7M
Q3 24
$11.7B
$433.2M
Q2 24
$111.0M
Total Debt
BILI
BILI
VMC
VMC
Q1 26
$4.4B
Q4 25
$1.4B
$4.4B
Q3 25
$1.4B
$4.4B
Q2 25
$4.4B
Q1 25
$700.3M
$4.9B
Q4 24
$662.5M
$5.3B
Q3 24
$4.3B
$3.3B
Q2 24
$3.3B
Stockholders' Equity
BILI
BILI
VMC
VMC
Q1 26
$8.5B
Q4 25
$2.2B
$8.5B
Q3 25
$2.1B
$8.7B
Q2 25
$8.4B
Q1 25
$2.0B
$8.1B
Q4 24
$1.9B
$8.1B
Q3 24
$13.7B
$7.9B
Q2 24
$7.7B
Total Assets
BILI
BILI
VMC
VMC
Q1 26
$16.7B
Q4 25
$5.9B
$16.7B
Q3 25
$5.6B
$17.0B
Q2 25
$17.0B
Q1 25
$4.6B
$16.7B
Q4 24
$4.5B
$17.1B
Q3 24
$32.0B
$14.4B
Q2 24
$14.2B
Debt / Equity
BILI
BILI
VMC
VMC
Q1 26
0.51×
Q4 25
0.62×
0.51×
Q3 25
0.65×
0.50×
Q2 25
0.52×
Q1 25
0.35×
0.60×
Q4 24
0.34×
0.65×
Q3 24
0.31×
0.42×
Q2 24
0.43×

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
VMC
VMC
Operating Cash FlowLast quarter
$263.1M
$241.1M
Free Cash FlowOCF − Capex
FCF MarginFCF / Revenue
Capex IntensityCapex / Revenue
Cash ConversionOCF / Net Profit
3.47×
1.46×
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
BILI
BILI
VMC
VMC
Q1 26
$241.1M
Q4 25
$263.1M
$543.0M
Q3 25
$283.2M
$676.8M
Q2 25
$277.7M
$341.7M
Q1 25
$179.4M
$251.5M
Q4 24
$191.9M
$440.1M
Q3 24
$2.2B
$595.0M
Q2 24
$201.1M
Free Cash Flow
BILI
BILI
VMC
VMC
Q1 26
Q4 25
$358.2M
Q3 25
$454.8M
Q2 25
$238.8M
Q1 25
$174.5M
$83.5M
Q4 24
$277.6M
Q3 24
$498.2M
Q2 24
$9.7M
FCF Margin
BILI
BILI
VMC
VMC
Q1 26
Q4 25
18.7%
Q3 25
19.8%
Q2 25
11.4%
Q1 25
18.1%
5.1%
Q4 24
15.0%
Q3 24
24.9%
Q2 24
0.5%
Capex Intensity
BILI
BILI
VMC
VMC
Q1 26
Q4 25
9.7%
Q3 25
9.7%
Q2 25
4.9%
Q1 25
0.5%
10.3%
Q4 24
8.8%
Q3 24
4.8%
Q2 24
9.5%
Cash Conversion
BILI
BILI
VMC
VMC
Q1 26
1.46×
Q4 25
3.47×
2.15×
Q3 25
4.30×
1.81×
Q2 25
9.11×
1.06×
Q1 25
1.95×
Q4 24
1.50×
Q3 24
195.23×
2.87×
Q2 24
0.65×

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%

VMC
VMC

Segment breakdown not available.

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