Bilibili (HAM:71BB) Research & Development: €440 Mil (TTM As of Mar. 2026)


HAM:71BB Bilibili Inc HAM:71BB
67 GF Score
Price €14.02
GF Value €17.81
! 4 Warning Signs
View Full Analysis

What is Bilibili Research & Development?

Bilibili HAM:71BB -2.03% 67 Research & Development is €440 Mil as of Mar. 2026. GuruFocus rates HAM:71BB with a GF Score™ of 67/100 and a GF Value™ of €17.81. The stock has 4 warning signs investors should review.

Research & Development is the aggregate amount of research and development expenses during the year. Bilibili's Research & Development for the three months ended in Mar. 2026 was €116 Mil. Its Research & Development for the trailing twelve months (TTM) ended in Mar. 2026 was €440 Mil.

Bilibili  (HAM:71BB) Research & Development Explanation

If competitive advantage is created by a patent or tech advantage, at some point it will disappear.

High R&D usually dictates high SG&A which threatens the competitive advantage.

Bilibili Research & Development Related Terms

Bilibili Research & Development Historical Data

* Premium members only.

The historical data trend for Bilibili's Research & Development can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Bilibili Research & Development Chart

Bilibili Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Research & Development
Get a 7-Day Free Trial Premium Member Only Premium Member Only 394.59 645.25 573.75 483.39 428.44

Bilibili Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Research & Development Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 107.37 104.62 108.19 111.68 115.60
HAM:71BB
67GF Score
Bilibili Inc HAM:71BB
Research & Development is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Bilibili Research & Development Calculation

This is the expense the company spent on research and development.

Research & Development for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was €440 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about Research & Development →
What does a Research & Development of €440 Mil mean?
Bilibili (HAM:71BB) has a Research & Development of €440 Mil as of Mar. 2026. Research and development expense is the total cost for research and development activities. View historical data on Bilibili and its competitors.
Is Bilibili's Research & Development too high?
Bilibili's current Research & Development is €440 Mil. Overall, Bilibili has a GF Score™ of 67/100, reflecting its overall financial health beyond just this single metric.
How does Bilibili's Research & Development compare to ZG and BZ?
Bilibili's Research & Development of €440 Mil can be compared against companies in the Interactive Media industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Research & Development for an Interactive Media company?
A good Research & Development depends on the Interactive Media industry context. However, Research & Development should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Research & Development mean?
A high Research & Development can signal that a stock is expensive relative to its fundamentals. Research and development expense is the total cost for research and development activities. View historical data on Bilibili and its competitors. Bilibili's current Research & Development is €440 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Bilibili stock overvalued right now?
Bilibili (HAM:71BB) has a current Research & Development of €440 Mil. The stock's GF Value™ is €17.81, compared to a current price of €14.02 — trading 21.3% below its estimated fair value. The current Research & Development is €440 Mil. Bilibili's overall GF Score™ is 67/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Research & Development calculated?
Research & Development is calculated from a company's financial statements. For Bilibili (HAM:71BB), the current Research & Development is €440 Mil as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Bilibili (HAM:71BB) Overvalued in 2026?

Based on GuruFocus' analysis, Bilibili stock appears to be undervalued. The current stock price of €14.02 is trading 21.3% below its estimated GF Value™ of €17.81.

Key valuation signals for HAM:71BB:

  • Research & Development: €440 Mil
  • GF Value™: €17.81 vs. price of €14.02 (21.3% below fair value)
  • GF Score™: 67/100 with 4 warning signs

No single metric tells the full story. See the HAM:71BB stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Bilibili Business Description

Address No. 485 Zhengli Road, Building 3, Guozheng Center, Yangpu District, Shanghai, CHN
Bilibili is a Chinese online entertainment platform best known for its YouTube-like video-sharing service. Founded in 2009, it initially focused on long-form content centered around anime, comics, and gaming, or ACG, catering primarily to Generation Z users. Over time, the platform has expanded its content ecosystem to cover a broader range of interests, successfully attracting a more diverse audience beyond its original Gen Z base.
67GF Score

Get the complete analysis for HAM:71BB

Research & Development is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€14.02
Price
€17.81
GF Value