WEIBO Corp

WEIBO CorpWBEarnings & Financial Report

Nasdaq · Information Technology · Internet

Weibo Corporation is a Chinese social network company known for the microblogging website Sina Weibo. It is based in Beijing, China.

Revenue

$833.4M

Gross Profit

$656.8M

Operating Profit

$235.1M

Net Profit

$164.6M

Gross Margin

78.8%

Operating Margin

28.2%

Net Margin

19.8%

YoY Growth

N/A

WEIBO Corp Q2 FY2024 Financial Summary

WEIBO Corp reported revenue of $833.4M for Q2 FY2024, with a net profit of $164.6M (19.8% margin).

Key Financial Metrics

Total Revenue$833.4M
Net Profit$164.6M
Gross MarginN/A
Operating Margin28.2%
Report PeriodQ2 FY2024

Revenue Breakdown

WEIBO Corp Q2 FY2024 revenue of $833.4M breaks down across 11 segments, led by Shares used in computing diluted net income per share attributable to Weibos shareholders at $264.4M (31.7% of total).

SegmentRevenue% of Total
Shares used in computing diluted net income per share attributable to Weibos shareholders$264.4M31.7%
Shares used in computing basic net income per share attributable to Weibos shareholders$236.9M28.4%
Income from operations$235.1M28.2%
Less: Income tax expenses$58.3M7.0%
Product development$18.7M2.2%
General and administrative$9.2M1.1%
Sales and marketing$7.0M0.8%
Cost of revenues$3.3M0.4%
Accretion to redeemable non-controlling interests$2.3M0.3%
Less: Net income attributable to non-controlling interests$1.0M0.1%
Basic net income per share attributable to Weibos shareholders$6800.0%

WEIBO Corp Revenue by Segment — Quarterly Trend

WEIBO Corp revenue by segment across the last 4 reported quarters, showing how each business line (such as Shares used in computing diluted net income per share attributable to Weibos shareholders and Shares used in computing basic net income per share attributable to Weibos shareholders) has evolved quarter over quarter.

SegmentQ3 FY2025Q2 FY2025Q1 FY2025Q3 FY2024
Shares used in computing diluted net income per share attributable to Weibos shareholders$268.1M$266.5M
Shares used in computing basic net income per share attributable to Weibos shareholders$238.6M
Income from operations$373.2M
Less: Income tax expenses$113.2M$56.0M$24.3M
Product development$16.7M$12.2M$6.8M

WEIBO Corp Quarterly Revenue & Net Profit History

WEIBO Corp results over the last 8 reported quarters, including revenue, net profit and year-over-year growth.

QuarterRevenueRevenue YoYNet ProfitNet Margin
Q3 FY2025$1.3B$458.3M35.7%
Q2 FY2025$841.7M$234.8M27.9%
Q1 FY2025$396.9M$108.1M27.2%
Q3 FY2024$1.3B$297.4M22.9%
Q2 FY2024$833.4M$164.6M19.8%
Q1 FY2024$395.5M$51.1M12.9%
Q3 FY2023$1.3B$268.8M20.7%
Q2 FY2023$854.0M$188.6M22.1%

Income Statement

Q2 2023Q3 2023Q1 2024Q2 2024Q3 2024Q1 2025Q2 2025Q3 2025
Revenue$854.0M$1.30B$395.5M$833.4M$1.30B$396.9M$841.7M$1.28B
YoY GrowthN/AN/AN/AN/AN/AN/AN/AN/A

Balance Sheet

Q2 2023Q3 2023Q1 2024Q2 2024Q3 2024Q1 2025Q2 2025Q3 2025
Assets$6.88B$6.71B$7.28B$7.10BN/A$6.66B$6.54B$6.90B
Liabilities$3.69B$3.43B$3.98B$3.69BN/A$3.15B$2.86B$2.96B
Equity$3.14B$3.21B$3.26B$3.38BN/A$3.48B$3.65B$3.91B

Cash Flow

No data available for this period