Bilibili Q3 Revenue Up 26%, Adjusted Net Income Turns Positive for First Time

Bilibili's Q3 revenue surged 26% YoY to 7.306 billion yuan, with mobile gaming and advertising revenue seeing significant year-on-year growth. The company's net income turned positive for the first time after adjustments, while cost of goods sold and operating expenses remained stable. Daily active users reached a new high of 107 million, and the average daily usage time increased by 6 minutes YoY.