WB financial statements
The full income statement, balance sheet, and cash-flow statement for Weibo Corporation American Depositary Share (WB), plus valuation ratios — straight from SEC filings. Switch between annual, quarterly, and trailing-twelve-month figures, pick how far back to look, and flip the time order. Every line has a trend sparkline.
Shares outstanding (point-in-time)
SEC-filed end-of-period counts (cover pages and balance sheets, split-adjusted) — the series realized buyback yield is computed from. The weighted-average share lines in the statements below lag these by design: an average over the year sits near the midpoint of an ongoing buyback.
| Line item | Trend | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|---|
| Income Statement | as ofDec 31 ’25 | as ofDec 31 ’24 | as ofDec 31 ’23 | as ofDec 31 ’22 | as ofDec 31 ’21 | |
| Revenue | 1.76B+0.1% | 1.75B-0.3% | 1.76B-4.2% | 1.84B-18.6% | 2.26B+33.6% | |
| Cost of revenue | 422M+14.2% | 370M-1.3% | 374M-6.6% | 401M-0.8% | 404M+33.6% | |
| Research & development | 324M+5.0% | 309M-7.5% | 334M-19.6% | 415M-3.6% | 431M+32.9% | |
| Selling, general & administrative | 55.9M-44.8% | 101M-13.8% | 118M+122.7% | 52.8M-60.4% | 133M+31.9% | |
| General & administrative | 55.9M-44.8% | 101M-13.8% | 118M+122.7% | 52.8M-60.4% | 133M+31.9% | |
| Selling & marketing | 490M+2.0% | 481M+4.2% | 461M-3.3% | 477M-19.4% | 592M+29.9% | |
| Amortization of intangibles | 17.8M-16.4% | 21.3M+10.4% | 19.3M-10.2% | 21.5M-3.2% | 22.2M+289.5% | |
| Provision for credit losses | -32.1M-360.3% | 12.3M-35.3% | 19.1M+330.0% | 4.44M-77.5% | 19.7M-62.9% | |
| Operating income | 465M-6.0% | 494M+4.5% | 473M-1.6% | 480M-31.1% | 697M+37.6% | |
| Interest expense | 82.4M-21.8% | 105M-12.2% | 120M+67.7% | 71.6M+0.8% | 71.0M+23.6% | |
| Interest & investment income | 117M-5.3% | 123M+4.3% | 118M+12.1% | 105M+36.4% | 77.3M-10.0% | |
| Equity-method income | 76.7M+730.0% | -12.2M-190.9% | 13.4M+155.6% | -24.1M-269.3% | 14.2M+36.3% | |
| Pre-tax income | 606M+44.0% | 421M-16.3% | 503M+292.5% | 128M-76.7% | 551M+46.5% | |
| Income tax | 145M+30.7% | 111M-23.9% | 145M+379.9% | 30.3M-78.2% | 139M+126.4% | |
| 449M+49.3% | 301M-12.2% | 343M+300.4% | 85.6M-80.0% | 428M+36.7% | ||
| Net income to non-controlling interest | 2.97M+16.1% | 2.56M+22.0% | 2.10M-82.9% | 12.3M+174.5% | -16.4M-1433.5% | |
| $1.70+46.6% | $1.16-18.9% | $1.43+297.2% | $0.36-80.6% | $1.86+34.8% | ||
| EPS (basic) | $1.88+48.0% | $1.27-12.4% | $1.45+302.8% | $0.36-80.7% | $1.87+35.5% | |
| Weighted-avg shares (basic) | 239M+0.6% | 237M+0.7% | 236M+0.2% | 235M+2.8% | 229M+0.8% | |
| Weighted-avg shares (diluted) | 269M+1.3% | 265M+10.5% | 240M+1.5% | 236M+2.7% | 230M+1.1% | |
| Dividends per share | $0.80+0.1% | $0.80-3.5% | $0.82 | — | — | |
| Balance Sheet | as ofDec 31 ’25 | as ofDec 31 ’24 | as ofDec 31 ’23 | as ofDec 31 ’22 | as ofDec 31 ’21 | |
| 3.58B+2.4% | 3.49B-22.6% | 4.51B-0.9% | 4.55B-5.2% | 4.80B-0.7% | ||
| Cash & equivalents | 2.30B+21.6% | 1.89B-26.9% | 2.58B-3.9% | 2.69B+11.0% | 2.42B+33.5% | |
| Short-term investments | 106M-76.9% | 460M-28.3% | 641M+33.4% | 480M-32.4% | 711M-57.7% | |
| Cash & short-term investments | 2.41B+2.3% | 2.35B-27.1% | 3.23B+1.7% | 3.17B+1.2% | 3.13B-10.4% | |
| Accounts receivable | 400M+17.8% | 340M-22.9% | 441M-12.3% | 502M-30.5% | 723M+47.0% | |
| Prepaid expenses | 330M-5.3% | 349M-3.1% | 360M-8.1% | 392M-13.1% | 451M+51.9% | |
| 7.09B+9.0% | 6.50B-10.7% | 7.28B+2.1% | 7.13B-5.2% | 7.52B+18.7% | ||
| Property, plant & equipment | 282M+31.3% | 215M-2.6% | 221M-11.6% | 250M+264.9% | 68.4M+12.8% | |
| Operating lease right-of-use | 154M-0.6% | 155M-9.1% | 170M-10.6% | 190M+214.6% | 60.5M+743.4% | |
| Goodwill | 169M+4.4% | 162M-2.5% | 166M+38.5% | 120M-7.9% | 130M+111.3% | |
| Intangible assets | 96.3M-12.3% | 110M-18.2% | 134M+7.2% | 125M-25.1% | 167M+13.6% | |
| Long-term investments | 1.66B+19.7% | 1.39B+5.2% | 1.32B+32.9% | 994M-17.7% | 1.21B+2.4% | |
| Deferred tax assets | 42.1M+5.5% | 40.0M-7.6% | 43.3M+8.2% | 40.0M-1.4% | 40.5M+50.0% | |
| Other non-current assets | 1.15B+17.1% | 982M+29.9% | 756M-15.9% | 898M-17.0% | 1.08B+2328.1% | |
| 1.06B+9.1% | 968M-46.1% | 1.80B+47.3% | 1.22B-43.5% | 2.16B+125.3% | ||
| Accounts payable | 249M+57.1% | 158M-1.9% | 161M+0.3% | 161M-18.5% | 198M+32.2% | |
| Deferred revenue | 78.3M+7.8% | 72.6M-3.4% | 75.2M-6.0% | 79.9M-12.3% | 91.1M-36.6% | |
| Current lease liability | 14.0M+15.5% | 12.2M+17.1% | 10.4M+7.2% | 9.69M+22.4% | 7.92M+41.9% | |
| 3.08B+5.4% | 2.93B-22.2% | 3.76B+0.6% | 3.74B-2.4% | 3.83B+11.1% | ||
| Long-term debt | 2.10B-4.1% | 2.19B | — | — | — | |
| Non-current lease liability | 28.3M-13.0% | 32.6M-24.0% | 42.9M-23.1% | 55.7M+7.0% | 52.0M+3357.9% | |
| Operating lease liability (total) | 42.4M-5.3% | 44.7M-16.0% | 53.2M-18.6% | 65.4M+9.1% | 60.0M+746.3% | |
| Deferred tax liabilities | 119M+95.4% | 61.1M-7.7% | 66.2M+58.7% | 41.7M-37.7% | 66.9M+14.8% | |
| Other non-current liabilities | 16.6M+440.6% | 3.07M-10.3% | 3.42M | — | 15.1M+619.5% | |
| Total non-current liabilities | 2.03B+3.6% | 1.96B-0.4% | 1.97B-22.0% | 2.52B+50.6% | 1.67B-32.8% | |
| 3.92B+12.6% | 3.48B+2.5% | 3.40B+2.1% | 3.33B-7.3% | 3.59B+27.8% | ||
| Common stock | 61.0K+0.0% | 61.0K+0.0% | 61.0K+3.4% | 59.0K+0.0% | 59.0K+3.5% | |
| Additional paid-in capital | 1.55B+3.1% | 1.50B+5.3% | 1.43B-1.1% | 1.45B-2.2% | 1.48B+22.9% | |
| Retained earnings | 2.55B+11.0% | 2.29B+4.9% | 2.19B+7.0% | 2.05B+4.4% | 1.96B+28.0% | |
| Treasury stock | — | — | — | 57.7M | — | |
| Accumulated other comprehensive income | -178M+43.5% | -316M-45.0% | -218M-112.0% | -103M-165.5% | 157M+97.3% | |
| Non-controlling interest | 54.0M+5.9% | 51.0M+1.7% | 50.2M+246.0% | 14.5M-47.4% | 27.6M+70.3% | |
| Total equity incl. non-controlling | 3.97B+12.5% | 3.53B+2.5% | 3.45B+3.1% | 3.34B-7.6% | 3.62B+28.0% | |
| Total liabilities & equity | 7.09B+9.0% | 6.50B-10.7% | 7.28B+2.1% | 7.13B-5.2% | 7.52B+18.7% | |
| Common shares issued | 246M+0.5% | 244M+0.7% | 243M+2.3% | 237M+0.3% | 237M+3.9% | |
| Common shares outstanding | 246M+0.5% | 244M+0.7% | 243M+3.6% | 234M-1.0% | 237M+3.9% | |
| Cash Flow | as ofDec 31 ’25 | as ofDec 31 ’24 | as ofDec 31 ’23 | as ofDec 31 ’22 | as ofDec 31 ’21 | |
| 519M-18.8% | 640M-4.9% | 673M+19.3% | 564M-30.7% | 814M+9.8% | ||
| Depreciation & amortization | 59.1M+1.6% | 58.1M-0.6% | 58.5M+7.0% | 54.7M-0.6% | 55.0M+71.3% | |
| Intangible amortization | 17.8M-16.4% | 21.3M+10.4% | 19.3M-10.2% | 21.5M-3.2% | 22.2M+289.5% | |
| Share-based compensation | 42.1M-39.7% | 69.7M-31.1% | 101M-9.5% | 112M+27.0% | 88.0M+31.1% | |
| Deferred income taxes | 55.9M+215.2% | 17.7M-26.3% | 24.0M+196.8% | -24.8M-98.9% | -12.5M+20.7% | |
| Change in receivables | — | — | — | -159M-158.2% | 274M+261.7% | |
| Change in payables | 69.9M+17519.1% | 397K-98.0% | 19.7M+155.4% | -35.5M-184.9% | 41.8M+175.7% | |
| 66.6M+127.0% | -247M+66.5% | -737M-2131.9% | -33.0M+92.2% | -424M+65.1% | ||
| Capital expenditure | 42.4M-31.1% | 61.5M+67.2% | 36.8M-14.8% | 43.1M+22.9% | 35.1M+0.8% | |
| Free cash flow | 477M-17.5% | 578M-9.1% | 636M+22.1% | 521M-33.1% | 779M+10.2% | |
| Acquisitions | 0.00-100.0% | 5.25M-97.8% | 243M+26019.6% | -939K-101.5% | 61.2M-71.5% | |
| Proceeds from sale of PP&E | 451K-23.3% | 588K+27.0% | 463K+72.1% | 269K-29.8% | 383K+316.3% | |
| -227M+77.9% | -1.03B-4846.1% | 21.7M+123.8% | -91.1M-148.1% | 189M-74.5% | ||
| Long-term debt issued | 0.00 | 0.00 | 0.00-100.0% | 880M | 0.00 | |
| Long-term debt repaid | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Common stock issued | 0.00 | 0.00 | 0.00+100.0% | -8.41M-104.5% | 188M | |
| Common stock repurchased | 0.00 | 0.00 | 0.00-100.0% | 57.7M | 0.00 | |
| Dividends paid | 196M+0.6% | 194M-2.9% | 200M | 0.00 | 0.00 | |
| FX effect on cash | 49.5M+186.0% | -57.6M+9.8% | -63.8M+63.1% | -173M-688.9% | 29.4M-68.3% | |
| Net change in cash | 408M+158.8% | -694M-553.9% | -106M-139.7% | 267M-56.1% | 609M+68.3% | |
| Interest paid | 75.3M-32.5% | 112M+0.4% | 111M+72.3% | 64.6M+70.3% | 37.9M-42.5% | |
| Income taxes paid | 94.4M-21.1% | 120M+50.6% | 79.5M-41.2% | 135M+21.4% | 111M+234.6% | |
| Valuation Ratios | as ofDec 31 ’25 | as ofDec 31 ’24 | as ofDec 31 ’23 | as ofDec 31 ’22 | as ofDec 31 ’21 | |
| Market cap | 2.51B+7.6% | 2.33B-9.0% | 2.56B-43.3% | 4.52B-38.3% | 7.33B-21.5% | |
| P/E | 5.6×-27.9% | 7.8×-74.1% | 30.0×+183.8% | 10.6×-38.3% | 17.1×-42.6% | |
| P/S | 1.4×+7.4% | 1.3×-4.8% | 1.4×-30.3% | 2.0×-38.3% | 3.2×-41.2% | |
| P/B | 0.6×-4.4% | 0.7×-13.0% | 0.8×-38.8% | 1.3×-38.3% | 2.0×-38.6% | |
| P/FCF | 5.3×+30.4% | 4.0×-18.1% | 4.9×-15.2% | 5.8×-38.3% | 9.4×-28.7% | |
| Earnings yield | 17.9%+38.8% | 12.9%+286.5% | 3.3%-64.8% | 9.5%+62.0% | 5.8%+74.1% | |
| FCF yield | 19.0%-23.3% | 24.8%+22.0% | 20.3%+18.0% | 17.2%+62.0% | 10.6%+40.3% | |
| Dividend yield | 7.8%-6.4% | 8.3%+10.6% | 7.5% | — | — | |
| Source filing | 20-F | 20-F | 20-F | 20-F | 20-F |
About this data
Source: WB’s SEC filings (10-K / 10-Q). Annual columns are as-reported fiscal years; quarterly columns are as-reported fiscal quarters (Q4 derived as full-year minus the first three quarters where a company doesn’t file a standalone Q4); TTM (quarterly) rolls the trailing four quarters at every quarter end, TTM (yearly) samples that one year apart; balance-sheet rows show the period-end balance. Valuation ratios are sampled as of each period end. View all WB filings on SEC EDGAR → Not investment advice.
