← WEIBO Corp
| Annual Trend | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total Revenue | $655.8m |
$1.2b
+75.37%
|
$1.7b
+49.43%
|
$1.8b
+2.82%
|
$1.7b
-4.36%
|
$2.3b
+33.56%
|
$1.8b
-18.64%
|
$1.8b
-4.17%
|
$1.8b
-0.29%
|
$1.8b
+0.14%
|
$1.8b
+1.39%
|
|
| Cost of Revenue | $171.2m |
$231.3m
+35.05%
|
$277.6m
+20.06%
|
$328.8m
+18.43%
|
$302.2m
-8.10%
|
$403.8m
+33.64%
|
$400.6m
-0.81%
|
$374.3m
-6.57%
|
$369.5m
-1.27%
|
$421.8m
+14.16%
|
$450.8m
+6.86%
|
|
| Gross Profit (Calculated) (derived) | $484.6m |
$918.8m
+89.61%
|
$1.4b
+56.82%
|
$1.4b
-0.19%
|
$1.4b
-3.50%
|
$1.9b
+33.54%
|
$1.4b
-22.53%
|
$1.4b
-3.50%
|
$1.4b
-0.03%
|
$1.3b
-3.59%
|
— | |
| Research and Development Expense | $154.1m | $193.4m | $249.9m | $284.4m | $324.1m | $430.7m | $415.2m | $333.6m | $308.7m | $324.2m | $321.7m | |
| Selling and Marketing Expense | $148.3m | $275.5m | $527.4m | $465.3m | $455.6m | $591.7m | $477.1m | $461.4m | $480.8m | $490.4m | $543.8m | |
| Marketing and Advertising Expense | $92.2m | $200.6m | $428.8m | $352.3m | $330.9m | $418.0m | $310.4m | $302.3m | $319.8m | $338.1m | — | |
| Sales and marketing | $148.3m | $275.5m | $527.4m | $465.3m | $455.6m | $591.7m | $477.1m | $461.4m | $480.8m | $490.4m | — | |
| General and Administrative Expense | $41.2m | $42.3m | $43.8m | $90.7m | $101.2m | $133.5m | $52.8m | $117.6m | $101.3m | $55.9m | $36.9m | |
| Amortization of Intangible Assets | $700k | $600k | $1.3m | $3.4m | $5.7m | $22.2m | $21.5m | $19.3m | $21.3m | $17.8m | — | |
| Operating Lease, Expense | — | — | — | $11.5m | $12.5m | $17.7m | $21.9m | $19.5m | $18.5m | $18.4m | — | |
| Operating expenses: | ||||||||||||
| Operating Income (Loss) | $141.0m |
$407.6m
+189.09%
|
$609.3m
+49.49%
|
$597.6m
-1.92%
|
$506.8m
-15.19%
|
$697.4m
+37.61%
|
$480.5m
-31.11%
|
$472.9m
-1.57%
|
$494.3m
+4.52%
|
$464.8m
-5.97%
|
$465.4m
+0.13%
|
|
| Interest Expense | — | — | ($15.4m) | ($29.9m) | $57.4m | $71.0m | $71.6m | $120.1m | $105.4m | $82.4m | $82.4m | |
| Investment Income, Interest | $7.6m | $17.9m | $58.0m | $85.4m | $85.8m | $77.3m | $105.4m | $118.2m | $123.3m | $116.8m | — | |
| Interest income | $7.6m | $17.9m | $58.0m | $85.4m | $85.8m | $77.3m | $105.4m | $118.2m | $123.3m | $116.8m | $116.8m | |
| Foreign Currency Transaction Gain (Loss), before Tax | — | — | — | — | — | — | $67.0m | ($9.1m) | ($8.3m) | $4.2m | — | |
| Realized gain (loss) from investments | $534k | $14k | ($287k) | $612k | $2.2m | $3.2m | $1.6m | ($766k) | $261k | $506k | — | |
| Other income (expense): | ||||||||||||
| Income (Loss) from Equity Method Investments | ($130k) | $1.0m | $57k | ($13.2m) | $10.4m | $14.2m | ($24.1m) | $13.4m | ($12.2m) | $76.7m | — | |
| Other Income | — | — | $1.2m | $4.4m | $5.0m | $9.2m | ($49.0m) | ($277k) | ($4.9m) | $13.9m | — | |
| Nonoperating Income (Expense) | $8.8m | $13.3m | $43.8m | $59.9m | — | — | — | — | — | — | — | |
| Income (Loss) from Continuing Operations before Income Taxes, Domestic | $170.2m | $469.4m | $712.1m | $708.7m | $432.9m | $783.5m | $550.9m | $648.0m | $569.5m | $606.7m | $524.2m | |
| Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest | $110.0m | $417.1m | $668.8m | $602.4m | $375.9m | $550.7m | $128.1m | $502.8m | $420.7m | $605.6m | $524.2m | |
| Current Income Tax Expense (Benefit) | $8.9m | $68.2m | $91.8m | $92.7m | $77.0m | $151.3m | $55.1m | $121.2m | $92.8m | $88.6m | $135.9m | |
| Income Tax Expense (Benefit) | $4.3m | $66.7m | $96.2m | $109.6m | $61.3m | $138.8m | $30.3m | $145.3m | $110.5m | $144.5m | $135.9m | |
| Less: Net income attributable to non-controlling interests | ($2.4m) | ($2.2m) | $797k | ($1.8m) | $1.2m | ($16.4m) | $12.3m | $2.1m | $2.6m | $3.0m | — | |
| Net Income (Loss) Attributable to Parent | $108.0m |
$352.6m
+226.39%
|
$571.8m
+62.18%
|
$494.7m
-13.49%
|
$313.4m
-36.65%
|
$428.3m
+36.68%
|
$85.6m
-80.03%
|
$342.6m
+300.44%
|
$300.8m
-12.20%
|
$449.0m
+49.27%
|
$376.8m
-16.09%
|
|
| Earnings Per Share, Basic | $0.50 | $1.60 | $2.56 | $2.19 | $1.38 | $1.87 | $0.36 | $1.45 | $1.27 | $1.88 | $1.58 | |
| Earnings Per Share, Diluted | $0.48 | $1.56 | $2.52 | $2.18 | $1.38 | $1.86 | $0.36 | $1.43 | $1.16 | $1.70 | $1.43 | |
| Basic (in shares) | $214.7m | $220.6m | $223.8m | $225.5m | $226.9m | $228.8m | $235.2m | $236k | $237k | $238.8m | $239.1m | |
| Diluted (in shares) | $222.9m | $225.4m | $232.7m | $226.4m | $227.6m | $230.2m | $236.4m | $240k | $265k | $268.6m | $269.5m | |
| Weighted Average Number of Shares Outstanding, Basic | 214.7m | 220.6m | 223.8m | 225.5m | 226.9m | 228.8m | 235.2m | 236k | 237k | 238.8m | 239.1m | |
| Weighted Average Number of Shares Outstanding, Diluted | 222.9m | 225.4m | 232.7m | 226.4m | 227.6m | 230.2m | 236.4m | 240k | 265k | 268.6m | 269.5m | |
| Additional Financial Items | ||||||||||||
| Costs and Expenses | $514.8m | $742.5m | $1.1b | $1.2b | $1.2b | $1.6b | $1.4b | $1.3b | $1.3b | $1.3b | — | |
| Equity Securities without Readily Determinable Fair Value, Impairment Loss, Annual Amount | — | — | — | — | — | — | — | — | $38.7m | $6.0m | — | |
| Goodwill, Impairment Loss | $0 | $0 | $10.6m | $0 | $0 | — | — | $0 | $0 | $0 | $0 | |
| Realized Investment Gains (Losses) | $534k | $14k | ($287k) | $612k | $2.2m | $3.2m | $1.6m | ($766k) | $261k | $506k | — | |
| Fair value changes through earnings on investments, net | — | — | $40.1m | $207.4m | $35.1m | ($72.8m) | ($243.6m) | $43.0m | $18.6m | $21.3m | — | |
| Investment-related impairment and provision | — | — | — | — | ($212.0m) | ($106.8m) | ($71.1m) | ($23.6m) | ($93.4m) | ($6.0m) | — | |
| Accretion to redeemable non-controlling interests | — | — | — | — | — | — | — | $12.8m | $6.7m | $9.1m | — | |
| Currency translation adjustments (for which there were no taxes) | ($18.9m) | $37.8m | ($60.3m) | ($19.0m) | $148.5m | $78.2m | ($261.7m) | ($114.7m) | ($99.3m) | $139.8m | — | |
| Less: comprehensive income attributable to non-controlling interests and redeemable non-controlling interests | ($2.6m) | ($1.9m) | $668k | ($1.9m) | $1.7m | ($15.7m) | $10.2m | $15.3m | $8.0m | $14.4m | — | |
| Comprehensive income attributable to Weibo's shareholders | $91.7m | $389.1m | $511.7m | $475.7m | $461.4m | $505.7m | ($174.1m) | $227.5m | $202.8m | $586.5m | — | |
| Total comprehensive income | $89.0m | $387.2m | $512.3m | $473.8m | $463.1m | $490.1m | ($163.9m) | $242.8m | $210.8m | $600.9m | — |
Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.