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Side-by-side financial comparison of APi Group Corp (APG) and WEIBO Corp (WB). Click either name above to swap in a different company.

APi Group Corp is the larger business by last-quarter revenue ($2.1B vs $1.3B, roughly 1.6× WEIBO Corp). WEIBO Corp runs the higher net margin — 35.7% vs 4.6%, a 31.1% gap on every dollar of revenue. Over the past eight quarters, WEIBO Corp's revenue compounded faster (22.6% CAGR vs 15.0%).

X.AI Corp., doing business as xAI, is an American company working in the area of artificial intelligence (AI), social media and technology that is a wholly owned subsidiary of American aerospace company SpaceX. Founded by Elon Musk in 2023, the company's flagship products are the generative AI chatbot named Grok and the social media platform X, the latter of which they acquired in March 2025.

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

APG vs WB — Head-to-Head

Bigger by revenue
APG
APG
1.6× larger
APG
$2.1B
$1.3B
WB
Higher net margin
WB
WB
31.1% more per $
WB
35.7%
4.6%
APG
Faster 2-yr revenue CAGR
WB
WB
Annualised
WB
22.6%
15.0%
APG

Income Statement — Q4 FY2025 vs Q3 FY2025

Metric
APG
APG
WB
WB
Revenue
$2.1B
$1.3B
Net Profit
$97.0M
$458.3M
Gross Margin
32.0%
Operating Margin
7.7%
29.1%
Net Margin
4.6%
35.7%
Revenue YoY
13.8%
Net Profit YoY
44.8%
EPS (diluted)
$-1.16

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
APG
APG
WB
WB
Q4 25
$2.1B
Q3 25
$2.1B
$1.3B
Q2 25
$2.0B
$841.7M
Q1 25
$1.7B
$396.9M
Q4 24
$1.9B
Q3 24
$1.8B
$1.3B
Q2 24
$1.7B
$833.4M
Q1 24
$1.6B
$395.5M
Net Profit
APG
APG
WB
WB
Q4 25
$97.0M
Q3 25
$93.0M
$458.3M
Q2 25
$77.0M
$234.8M
Q1 25
$35.0M
$108.1M
Q4 24
$67.0M
Q3 24
$69.0M
$297.4M
Q2 24
$69.0M
$164.6M
Q1 24
$45.0M
$51.1M
Gross Margin
APG
APG
WB
WB
Q4 25
32.0%
Q3 25
31.3%
Q2 25
30.9%
Q1 25
31.5%
Q4 24
30.9%
Q3 24
31.1%
Q2 24
31.4%
Q1 24
30.7%
Operating Margin
APG
APG
WB
WB
Q4 25
7.7%
Q3 25
7.8%
29.1%
Q2 25
7.2%
30.4%
Q1 25
4.9%
27.8%
Q4 24
6.2%
Q3 24
7.8%
29.0%
Q2 24
7.3%
28.2%
Q1 24
6.2%
25.2%
Net Margin
APG
APG
WB
WB
Q4 25
4.6%
Q3 25
4.5%
35.7%
Q2 25
3.9%
27.9%
Q1 25
2.0%
27.2%
Q4 24
3.6%
Q3 24
3.8%
22.9%
Q2 24
4.0%
19.8%
Q1 24
2.8%
12.9%
EPS (diluted)
APG
APG
WB
WB
Q4 25
$-1.16
Q3 25
$0.20
Q2 25
$0.16
Q1 25
$0.11
Q4 24
$0.05
Q3 24
$0.23
Q2 24
$0.22
Q1 24
$-1.34

Balance Sheet & Financial Strength

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

Metric
APG
APG
WB
WB
Cash + ST InvestmentsLiquidity on hand
$912.0M
$1.1B
Total DebtLower is stronger
$2.8B
Stockholders' EquityBook value
$3.4B
$3.9B
Total Assets
$8.9B
$6.9B
Debt / EquityLower = less leverage
0.81×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
APG
APG
WB
WB
Q4 25
$912.0M
Q3 25
$555.0M
$1.1B
Q2 25
$432.0M
$1.2B
Q1 25
$460.0M
$1.2B
Q4 24
$499.0M
Q3 24
$487.0M
Q2 24
$324.0M
$1.9B
Q1 24
$247.0M
$2.1B
Total Debt
APG
APG
WB
WB
Q4 25
$2.8B
Q3 25
$2.8B
Q2 25
$2.8B
Q1 25
$2.8B
Q4 24
$2.8B
Q3 24
$2.9B
Q2 24
$2.8B
Q1 24
$2.7B
Stockholders' Equity
APG
APG
WB
WB
Q4 25
$3.4B
Q3 25
$3.3B
$3.9B
Q2 25
$3.2B
$3.6B
Q1 25
$3.0B
$3.5B
Q4 24
$3.0B
Q3 24
$3.0B
Q2 24
$2.8B
$3.4B
Q1 24
$2.3B
$3.3B
Total Assets
APG
APG
WB
WB
Q4 25
$8.9B
Q3 25
$8.7B
$6.9B
Q2 25
$8.5B
$6.5B
Q1 25
$8.1B
$6.7B
Q4 24
$8.2B
Q3 24
$8.2B
Q2 24
$8.0B
$7.1B
Q1 24
$7.2B
$7.3B
Debt / Equity
APG
APG
WB
WB
Q4 25
0.81×
Q3 25
0.84×
Q2 25
0.87×
Q1 25
0.92×
Q4 24
0.93×
Q3 24
0.96×
Q2 24
1.00×
Q1 24
1.19×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
APG
APG
WB
WB
Operating Cash FlowLast quarter
$382.0M
Free Cash FlowOCF − Capex
$356.0M
FCF MarginFCF / Revenue
16.8%
Capex IntensityCapex / Revenue
1.2%
Cash ConversionOCF / Net Profit
3.94×
TTM Free Cash FlowTrailing 4 quarters
$663.0M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
APG
APG
WB
WB
Q4 25
$382.0M
Q3 25
$232.0M
Q2 25
$83.0M
Q1 25
$62.0M
Q4 24
$283.0M
Q3 24
$220.0M
Q2 24
$110.0M
Q1 24
$7.0M
Free Cash Flow
APG
APG
WB
WB
Q4 25
$356.0M
Q3 25
$201.0M
Q2 25
$56.0M
Q1 25
$50.0M
Q4 24
$265.0M
Q3 24
$198.0M
Q2 24
$88.0M
Q1 24
$-15.0M
FCF Margin
APG
APG
WB
WB
Q4 25
16.8%
Q3 25
9.6%
Q2 25
2.8%
Q1 25
2.9%
Q4 24
14.2%
Q3 24
10.8%
Q2 24
5.1%
Q1 24
-0.9%
Capex Intensity
APG
APG
WB
WB
Q4 25
1.2%
Q3 25
1.5%
Q2 25
1.4%
Q1 25
0.7%
Q4 24
1.0%
Q3 24
1.2%
Q2 24
1.3%
Q1 24
1.4%
Cash Conversion
APG
APG
WB
WB
Q4 25
3.94×
Q3 25
2.49×
Q2 25
1.08×
Q1 25
1.77×
Q4 24
4.22×
Q3 24
3.19×
Q2 24
1.59×
Q1 24
0.16×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

APG
APG

Segment breakdown not available.

WB
WB

Income from operations$373.2M29%
Shares used in computing diluted net income per share attributable to Weibos shareholders$268.1M21%
Shares used in computing basic net income per share attributable to Weibos shareholders$238.6M19%
Value-added services$186.1M14%
Less: Income tax expenses$113.2M9%
Investment related income, net$45.0M4%
Product development$16.7M1%
General and administrative$10.6M1%
Sales and marketing$7.1M1%
Accretion to redeemable non-controlling interests$3.0M0%

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