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Weibo Corporation

Chinese social network company

Weibo Corporation is a Chinese social network company known for the microblogging website Sina Weibo. It is based in Beijing, China.3 From Wikipedia, CC BY-SA 4.0

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Last updated Oct 16, 2026.

Overview

$1.8BRevenue, fiscal 20254
$449.0MNet income, fiscal 20254
2010Founded1

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  • TickerWB on Nasdaq1
  • IndustryInternet1
  • HeadquartersBeijing1
  • Websitewww.weibo.com
  • Incorporated inCayman Islands5
  • Business address8/F, Qihao Plaza, No. 8 Xinyuan S. Road,, Chaoyang District, Beijing, 1000275
  • Filer categoryLarge accelerated filer5

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Weibo Corporation is a Chinese social network company known for the microblogging website Sina Weibo. It is based in Beijing, China.3

Financials

From the company’s reports to the SEC. Every number links to the filing it came from.

Key numbers, fiscal 2025

26.5%Operating margin4
25.6%Net margin4
0.1%Revenue growth, 20254
11.5%Return on equity4
0.53×Debt to equity4
$477.1MFree cash flow4

What sells

Revenue by product, business segment and region, as the company reports it to the SEC.

Products and services

Revenues From Advertising Agencies brought in 54% of the revenue Weibo Corporation broke down this way in fiscal 2025.

  1. Revenues From Advertising Agencies$942.3M454%down 7% from 2024
  2. Revenues From Advertisers Signing Contracts With Company Directly$559.3M432%up 15% from 2024
  3. Value Added Services$255.6M415%down 0% from 2024
Products and services by year
Products and services202320242025
Revenues From Advertising Agencies$1.1B$1.0B$942.3M
Revenues From Advertisers Signing Contracts With Company Directly$437.3M$487.3M$559.3M
Value Added Services$225.8M$256.0M$255.6M

Where the money goes

Where each dollar of revenue went, fiscal 2025

  • Cost of revenue24¢$421.8M
  • Research and development18¢$324.2M
  • Other costs19¢$335.2M
  • Interest5¢$82.4M
  • Income tax8¢$144.5M
  • Profit26¢$449.0M

Out of $1.8B in revenue.4

Where each dollar of operating cash went, fiscal 2025

  • Capital spending8¢$42.4M
  • Dividends paid38¢$195.6M
  • Kept or used elsewhere54¢$281.5M

Out of $519.5M of cash from operations.4

Financial statements

Revenue78910114$1.8B in 2025+2% since 2018
0$1.0B$2.0B$3.0B2018: $1.7B$1.7B20182019: $1.8B$1.8B2019+3%2020: $1.7B$1.7B2020−4%2021: $2.3B$2.3B2021+34%2022: $1.8B$1.8B2022−19%2023: $1.8B$1.8B2023−4%2024: $1.8B$1.8B2024−0%2025: $1.8B$1.8B2025+0%
Operating income78910114$464.8M in 2025−24% since 2018
0$200.0M$400.0M$600.0M$800.0M2018: $609.3M$609.3M20182019: $597.6M$597.6M2019−2%2020: $506.8M$506.8M2020−15%2021: $697.4M$697.4M2021+38%2022: $480.5M$480.5M2022−31%2023: $472.9M$472.9M2023−2%2024: $494.3M$494.3M2024+5%2025: $464.8M$464.8M2025−6%
Net income78910114$449.0M in 2025−21% since 2018
0$200.0M$400.0M$600.0M2018: $571.8M$571.8M20182019: $494.7M$494.7M2019−13%2020: $313.4M$313.4M2020−37%2021: $428.3M$428.3M2021+37%2022: $85.6M$85.6M2022−80%2023: $342.6M$342.6M2023+300%2024: $300.8M$300.8M2024−12%2025: $449.0M$449.0M2025+49%

Every line of the income statement in the latest annual report, as filed.4

Period ending2025-12-312024-12-312023-12-31
Total revenues$1.8B$1.8B$1.8B
Cost of revenues$421.8M$369.5M$374.3M
Sales and marketing$490.4M$480.8M$461.4M
Product development$324.2M$308.7M$333.6M
General and administrative$55.9M$101.3M$117.6M
Total costs and expenses$1.3B$1.3B$1.3B
Income from operations$464.8M$494.3M$472.9M
Income (loss) from equity method investments$76.7M-$12.2M$13.4M
Realized gain (loss) from investments$506.0K$261.0K-$766.0K
Fair value changes through earnings on investments, net$21.3M$18.6M$43.0M
Investment-related impairment and provision-$6.0M-$93.4M-$23.6M
Interest income$116.8M$123.3M$118.2M
Interest expense-$82.4M-$105.4M-$120.1M
Other income (loss), net$13.9M-$4.9M-$277.0K
Income before income tax expenses$605.6M$420.7M$502.8M
Less: income tax expenses$144.5M$110.5M$145.3M
Net income$461.1M$310.1M$357.5M
Less: Net income attributable to non-controlling interests$3.0M$2.6M$2.1M
Accretion to redeemable non-controlling interests$9.1M$6.7M$12.8M
Net income attributable to Weibo's shareholders$449.0M$300.8M$342.6M
Currency translation adjustments (for which there were no taxes)$139.8M-$99.3M-$114.7M
Total comprehensive income$600.9M$210.8M$242.8M
Less: comprehensive income attributable to non-controlling interests and redeemable non-controlling interests$14.4M$8.0M$15.3M
Comprehensive income attributable to Weibo's shareholders$586.5M$202.8M$227.5M
Basic (in shares)238.8M shares237.3M shares235.6M shares
Diluted (in shares)268.6M shares265.2M shares240.0M shares
Basic (in dollars per share)$1.88$1.27$1.45
Diluted (in dollars per share)$1.70$1.16$1.43
Currency translation adjustments, tax$0$0$0

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The story

Weibo was established by Sina Corporation as T.CN, but it changed its name to Weibo in 2012.

From Wikipedia’s article on Weibo Corporation, shared under CC BY-SA 4.0.6

Subsidiaries and ownership

Owners

From Wikidata.1

Timeline

  1. 2010Founded Founded1

Recent filings

  1. Aug 28, 20264 OWNERSHIP DOCUMENT
  2. Aug 25, 2026144
  3. Aug 19, 20266-K
  4. Aug 19, 20266-K
  5. Aug 18, 20264 OWNERSHIP DOCUMENT
  6. Aug 18, 20264 OWNERSHIP DOCUMENT
  7. Aug 6, 20264 OWNERSHIP DOCUMENT
  8. Jul 29, 20266-K
  9. Jun 25, 20264 OWNERSHIP DOCUMENT
  10. May 28, 20266-K
  11. May 27, 20266-K
  12. May 19, 20264 OWNERSHIP DOCUMENT
  13. May 19, 20264 OWNERSHIP DOCUMENT
  14. Apr 27, 20266-K
  15. Apr 23, 202620-F

Every filing from the last three years, summarized. The full record is on SEC EDGAR.2

Sources

The numbers on this page point here. Each one links to the record it came from.

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