Weibo Corporation (WB) Income Statement
WB 2025 at a glance
Fiscal year ended December 31, 2025 · U.S. dollarsWB revenue and net income
Where WB's revenue goes
2025Each bar shows an amount and its share of revenue. WB kept 25.6% of revenue as net income.
WB profit margins
WB growth rates
to 2025| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Revenue | +0.4% | −1.4% | +0.8% | +13.9% |
| Gross profit | −3.3% | −2.3% | −0.7% | +14.8% |
| Operating income | −5.7% | −1.0% | −1.7% | +28.7% |
| Net income | +49.7% | +73.9% | +7.5% | +29.2% |
| EPS (diluted) | −8.8% | −9.9% | −7.0% | +18.3% |
1-year change and average annual growth (CAGR) over 3, 5 and 10 fiscal years. "—" when a starting value was zero or negative.
WB quarterly EPS vs estimates
Weibo beat the analyst EPS estimate in 6 of the last 8 quarters. Next report: November 17, 2026 (estimate $0.27).
WB income statement
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $1.76B | $1.75B | $1.76B | $1.84B | $2.26B | $1.69B | $1.77B | $1.72B | $1.15B | $655.8M |
| Cost of revenue | $423.0M | $369.5M | $374.3M | $400.6M | $403.8M | $302.2M | $328.8M | $277.6M | $231.3M | $171.2M |
| Gross profit | $1.34B | $1.39B | $1.39B | $1.44B | $1.85B | $1.39B | $1.44B | $1.44B | $918.8M | $484.6M |
| Research & development | $325.1M | $308.7M | $333.6M | $415.2M | $430.7M | $324.1M | $284.4M | $249.9M | $193.4M | $154.1M |
| Sales, general & admin | $546.3M | $582.1M | $579.0M | $529.9M | $725.2M | $556.8M | $556.1M | $571.2M | $317.9M | $189.5M |
| Total operating expenses | $872.9M | $890.8M | $912.6M | $955.3M | $1.16B | $881.0M | $840.5M | $831.6M | $511.2M | $343.6M |
| Operating income | $466.1M | $494.3M | $472.9M | $480.5M | $697.4M | $506.8M | $597.6M | $609.3M | $407.6M | $141.0M |
| Interest income | $116.8M | $123.3M | $118.2M | $105.4M | $77.3M | $43.8M | $85.4M | $43.8M | $13.3M | $8.8M |
| Interest expense | $82.4M | $105.4M | $120.1M | $71.6M | $71.0M | $57.4M | $29.9M | $15.4M | $4.2M | $8.8M |
| Income before taxes | $607.2M | $420.7M | $502.8M | $128.1M | $550.7M | $375.9M | $602.4M | $668.8M | $417.1M | $110.0M |
| Income taxes | $144.9M | $110.5M | $145.3M | $30.3M | $138.8M | $61.3M | $109.6M | $96.2M | $66.7M | $4.3M |
| Net income | $450.2M | $300.8M | $342.6M | $85.6M | $428.3M | $313.4M | $494.7M | $571.8M | $352.6M | $108.0M |
| EBITDA | $680.4M | $597.7M | $695.2M | $265.8M | $683.0M | $469.4M | $661.9M | $704.1M | $436.6M | $155.0M |
| EPS (diluted) | $1.66 | $1.82 | $1.88 | $2.27 | $3.09 | $2.38 | $2.78 | $2.73 | $1.79 | $0.81 |
| Gross margin | 76.0% | 78.9% | 78.7% | 78.2% | 82.1% | 82.1% | 81.4% | 83.8% | 79.9% | 73.9% |
| Operating margin | 26.5% | 28.2% | 26.9% | 26.2% | 30.9% | 30.0% | 33.8% | 35.5% | 35.4% | 21.5% |
| Net margin | 25.6% | 17.1% | 19.5% | 4.7% | 19.0% | 18.5% | 28.0% | 33.3% | 30.7% | 16.5% |
| Jun '26 | Mar '26 | Dec '25 | Sep '25 | Jun '25 | Mar '25 | Dec '24 | Sep '24 | Jun '24 | Mar '24 | Dec '23 | Sep '23 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $454.6M | $421.3M | $475.3M | $442.9M | $444.8M | $396.9M | $456.8M | $464.5M | $437.9M | $395.5M | $395.5M | $442.2M |
| Cost of revenue | $130.0M | $117.7M | $123.9M | $106.3M | $103.5M | $88.8M | $100.5M | $92.4M | $89.8M | $86.8M | $86.8M | $94.0M |
| Gross profit | $324.6M | $303.6M | $351.4M | $336.6M | $341.3M | $308.1M | $356.3M | $372.1M | $348.1M | $308.7M | $308.7M | $348.2M |
| Research & development | $75.5M | $73.5M | $92.6M | $78.0M | $78.1M | $76.0M | $75.9M | $80.4M | $71.7M | $80.7M | $80.7M | $82.8M |
| Sales, general & admin | $129.7M | $119.2M | $166.0M | $141.1M | $117.7M | $121.7M | $162.5M | $150.4M | $141.0M | $128.2M | $128.2M | $131.4M |
| Total operating expenses | $205.5M | $192.7M | $259.4M | $218.8M | $195.8M | $197.7M | $238.4M | $230.8M | $212.7M | $208.9M | $208.9M | $214.2M |
| Operating income | $119.1M | $110.9M | $92.0M | $117.3M | $145.6M | $110.3M | $117.9M | $141.3M | $135.4M | $99.7M | $99.7M | $134.0M |
| Interest income | — | — | $36.6M | $123.7M | $15.9M | $13.7M | — | $6.7M | $11.2M | — | — | — |
| Interest expense | $5.1M | $24.9M | $28.5M | — | — | $104.7M | $104.7M | — | — | $18.6M | $18.6M | $19.5M |
| Income before taxes | $91.2M | $51.0M | $34.2M | $281.1M | $158.4M | $132.4M | $32.8M | $164.9M | $146.8M | $76.2M | $76.2M | $105.6M |
| Income taxes | $23.0M | $15.7M | $31.4M | $57.3M | $31.7M | $24.3M | $20.0M | $32.2M | $33.3M | $25.0M | $25.0M | $25.4M |
| Net income | $67.5M | $34.7M | −$4.7M | $221.1M | $125.7M | $107.0M | $8.9M | $130.6M | $111.9M | $49.4M | $49.4M | $77.5M |
| EBITDA | $134.5M | $75.9M | $77.8M | $281.1M | $173.0M | $146.0M | $151.5M | $179.1M | $161.0M | $94.8M | $90.6M | $138.6M |
| EPS (diluted) | $0.37 | $0.32 | $0.25 | $0.42 | $0.54 | $0.45 | $0.40 | $0.53 | $0.48 | $0.41 | $0.31 | $0.57 |
| Gross margin | 71.4% | 72.1% | 73.9% | 76.0% | 76.7% | 77.6% | 78.0% | 80.1% | 79.5% | 78.0% | 78.0% | 78.7% |
| Operating margin | 26.2% | 26.3% | 19.4% | 26.5% | 32.7% | 27.8% | 25.8% | 30.4% | 30.9% | 25.2% | 25.2% | 30.3% |
| Net margin | 14.8% | 8.2% | −1.0% | 49.9% | 28.3% | 27.0% | 1.9% | 28.1% | 25.6% | 12.5% | 12.5% | 17.5% |
Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported in WB's financial statements (latest annual report filed April 23, 2026); data from EODHD. Sales, general & administrative expenses include sales and marketing.
WB financial results
In fiscal year 2025 (ended December 31, 2025), Weibo reported revenue of $1.8 billion, up 0.4% from the year before. It had net income of $450.2 million (up 49.7%), a net profit margin of 25.6%. Diluted earnings per share came to $1.66. Over five years revenue grew at an average rate of 0.8% a year.
See the WB stock overview for the latest quote and news, or the WB chart for price history and technical indicators.
WB income statement FAQ
What is Weibo's annual revenue?
Weibo reported total revenue of $1.8 billion for fiscal year 2025, which ended on December 31, 2025. That was up 0.4% from $1.8 billion the previous year.
Is Weibo profitable?
Yes. Weibo reported net income of $450.2 million in fiscal 2025, a net profit margin of 25.6%; its operating margin was 26.5%.
What is Weibo's gross margin?
Weibo's gross margin was 76.0% in fiscal 2025: for every $100 of revenue, Weibo kept $76 after the direct cost of its products and services.
How much does Weibo spend on research and development?
Weibo spent $325.1 million on research and development in fiscal 2025, 18.5% of revenue.
How fast is Weibo growing?
Revenue grew 0.8% a year on average over the last five fiscal years, from $1.7 billion to $1.8 billion.
What are Weibo's earnings per share?
Weibo earned $1.66 per diluted share in fiscal 2025, compared with $1.82 a year earlier.
When will Weibo report its next earnings?
Weibo is expected to report results for the quarter ending September 30, 2026 on November 17, 2026 before the market opens.
When does Weibo's fiscal year end?
Weibo's fiscal year ends in December. The latest annual report covers the year ended December 31, 2025 and was filed on April 23, 2026.