拼的肯定不只是AI算力的行业故事，而是真正的实力。编辑/产经风云3月5日，哔哩哔哩（以下简称“B站”）交出了一份历史性的成绩单：2025年总营收303.48亿元，首次实现全年盈利，归母净利润11.94亿元 。对于这家长期处于亏损泥潭的内容社区平台来说，这份盈利报告意义非凡：毛利率从32.7%攀升至36.6%，毛利润首次突破百亿，广告业务收入破百亿......一切都指向一个结论：B站终于跑通了商业化...
Source Link拼的肯定不只是AI算力的行业故事，而是真正的实力。编辑/产经风云3月5日，哔哩哔哩（以下简称“B站”）交出了一份历史性的成绩单：2025年总营收303.48亿元，首次实现全年盈利，归母净利润11.94亿元 。对于这家长期处于亏损泥潭的内容社区平台来说，这份盈利报告意义非凡：毛利率从32.7%攀升至36.6%，毛利润首次突破百亿，广告业务收入破百亿......一切都指向一个结论：B站终于跑通了商业化...
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