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WB on Nasdaq

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 Its shares trade on Nasdaq under the symbol WB.1 Wikipedia text CC BY-SA 4.0

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Last updated Oct 21, 2026.

Overview

$1.8BRevenue, fiscal 20255
$449.0MNet income, fiscal 20255
2010Founded1

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  • TickerWB on Nasdaq1
  • IndustryInternet1
  • HeadquartersBeijing1
  • Websitewww.weibo.com
  • Incorporated inCayman Islands6
  • Business address8/F, Qihao Plaza, No. 8 Xinyuan S. Road,, Chaoyang District, Beijing, 1000276
  • Filer categoryLarge accelerated filer6
  • Legal formcompany limited by shares4
  • LEI549300Q9ID4640FE04224
  • StatusActive4
  • LEI statusLapsed (not renewed)4
  • Registered addressPO Box 2804, KY1-1112 George Town, Cayman Islands4

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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 margin5
25.6%Net margin5
0.1%Revenue growth, 20255
11.5%Return on equity5
0.53×Debt to equity5
$477.1MFree cash flow5

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$942.3M554%down 7% from 2024
  2. Revenues From Advertisers Signing Contracts With Company Directly$559.3M532%up 15% from 2024
  3. Value Added Services$255.6M515%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.5

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.5

Financial statements

Revenue891011125$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 income891011125$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 income891011125$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 as filed: the last 3 fiscal years, latest first.5

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

Compare Weibo Corporation with another company

Corporate structure

Weibo Corporation sits at the top of its group. 2 entities, 2 countries on record. Switch between the flow chart and the network, and select any entity to see its details.

Major holders of Weibo Corporation

  • Goldman Sachs Filed SCHEDULE 13G/A on Weibo Corporation, latest Feb 13, 2025 (2 filings since Feb 7, 2024)
  • Sina Corporation Filed SC 13G/A on Weibo Corporation, latest Feb 7, 2024 (3 filings since Jan 28, 2022)
  • Bank of America Filed SC 13G/A on Weibo Corporation, latest Feb 14, 2023 (2 filings since Jan 31, 2022)
  • Morgan Stanley Filed SC 13G/A on Weibo Corporation, latest Jul 11, 2022 (2 filings since Feb 11, 2022)
  • Invesco Filed SC 13G/A on Weibo Corporation, latest Jan 31, 2022
  • Weibo Corporation Beijing, China
    • WEIBO HONG KONG LIMITED (微博網絡(香港)有限公司) Subsidiary · Hong Kong, Hong Kong

Built from parent and subsidiary links from GLEIF, the Global Legal Entity Identifier Foundation (CC0); major holders from Schedules 13D and 13G. Each entity in the chart links to its source.

What it owns

What Weibo Corporation reports owning in its annual reports to the SEC: buildings, land and equipment, real estate and locations, investments, intangible assets and inventory, at the end of its latest fiscal year and a year before.

Property and equipment

ItemLatestA year beforeChange
Property and equipment, before depreciation$542.0M5 Dec 31, 2025$449.5M5 Dec 31, 2024+20.6%
Accumulated depreciation$259.6M5 Dec 31, 2025$234.5M5 Dec 31, 2024+10.7%
Property and equipment, net$282.4M5 Dec 31, 2025$215.0M5 Dec 31, 2024+31.3%
Operating-lease assets (leased space)$153.8M5 Dec 31, 2025$154.7M5 Dec 31, 2024−0.6%

Investments

ItemLatestA year beforeChange
Cash and cash equivalents$2.3B5 Dec 31, 2025$1.9B5 Dec 31, 2024+21.6%
Marketable securities, current$106.1M5 Dec 31, 2025$459.9M5 Dec 31, 2024−76.9%
Long-term investments$1.7B5 Dec 31, 2025$1.4B5 Dec 31, 2024+19.7%

Intangibles and goodwill

ItemLatestA year beforeChange
Goodwill$169.3M5 Dec 31, 2025$162.2M5 Dec 31, 2024+4.4%
Intangible assets, net (excluding goodwill)$96.3M5 Dec 31, 2025$109.8M5 Dec 31, 2024−12.3%
Indefinite-lived intangibles (excluding goodwill)$200.0K5 Dec 31, 2025$200.0K12 Dec 31, 20240%
Finite-lived intangibles, gross$199.4M5 Dec 31, 2025$191.1M5 Dec 31, 2024+4.3%
Accumulated amortization$103.1M5 Dec 31, 2025$81.3M5 Dec 31, 2024+26.8%
Finite-lived intangibles, net$96.1M5 Dec 31, 2025$109.6M12 Dec 31, 2024−12.3%

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 4.0.7

Leadership

Who has led Weibo Corporation, and when. Pick a name to see everywhere that person has worked.

Chief executive

  1. Gaofei Wang2026–now

Chief financial officer

  1. Fei Cao2026–now
201520202025
Board members and other officers (5)

Subsidiaries and ownership

Owners

From Wikidata.1

Timeline

  1. Mar 13, 2026New chief executive Gaofei Wang becomes CEO15
  2. 2010Founded Founded1

Calendar

Coming up

  1. Nov 17, 2026Reports results for the quarter ending Sep/2026 A year earlier it reported $0.38 a share, on Nov 18, 2025.21

Upcoming dates from Nasdaq's calendar; past results from the company's 8-K filings (Item 2.02). The full markets calendar

Filings

131 filings to the SEC since October 2021: 5 annual reports, 17 insider forms, 10 large holders, 99 other. The latest 20:

  1. Aug 28, 20264 OWNERSHIP DOCUMENT EDGAR
  2. Aug 25, 2026144 EDGAR
  3. Aug 19, 20266-K EDGAR
  4. Aug 19, 20266-K EDGAR
  5. Aug 18, 20264 OWNERSHIP DOCUMENT EDGAR
  6. Aug 18, 20264 OWNERSHIP DOCUMENT EDGAR
  7. Aug 6, 20264 OWNERSHIP DOCUMENT EDGAR
  8. Jul 29, 20266-K EDGAR
  9. Jun 25, 20264 OWNERSHIP DOCUMENT EDGAR
  10. May 28, 20266-K EDGAR
  11. May 27, 20266-K EDGAR
  12. May 19, 20264 OWNERSHIP DOCUMENT EDGAR
  13. May 19, 20264 OWNERSHIP DOCUMENT EDGAR
  14. Apr 27, 20266-K EDGAR
  15. Apr 23, 20266-K EDGAR
  16. Apr 23, 202620-F EDGAR
  17. Apr 13, 20266-K EDGAR
  18. Mar 18, 20266-K EDGAR
  19. Mar 16, 20263 OWNERSHIP DOCUMENT EDGAR
  20. Mar 13, 20263 OWNERSHIP DOCUMENT EDGAR

The 131 filings since October 2021 can be filtered by form type and year here when JavaScript is on.

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

Major holders

Investors who own more than 5% of the shares must tell the SEC: a 13D if they may seek to influence the company, a 13G if they hold passively.

Held by these funds

The largest holders among investment managers' 13F reports for the quarter ending Jun 30, 2026, the top 25 of 100. Change is in shares since the quarter before.

FundSharesValueShare of the fundChange
Alibaba Group Holding Ltd9,000,000$65.3M12.8%No change
Krane Funds Advisors LLC3,522,391$25.6M0.9%−297,904
Saba Capital Management, L.P.3,107,526$22.6M0.7%+670,169
Wellington Management Group Llp2,363,373$17.2M0.0%+697,778
Causeway Capital Management LLC2,317,577$16.8M0.2%−348,625
FIL Ltd1,736,726$12.6M0.0%−62,645
Nomura Asset Management International Inc.1,512,995$11.0M0.0%−43,218
Goldman Sachs Group Inc1,199,578$8.7M0.0%−498,772
UBS Group AG975,555$7.1M0.0%+243,299
New York State Common Retirement Fund781,049$5.7M0.0%+217,100
O'shaughnessy Asset Management, LLC722,003$5.2M0.0%−69,294
American Century Companies Inc691,548$5.0M0.0%−32,680
Sei Investments Co666,104$4.8M0.0%+81,547
Prudential Financial Inc657,700$4.8M0.0%+190,600
Susquehanna International Group, Llp650,193$4.7M0.0%−19,900
D. E. Shaw & Co., Inc.644,960$4.7M0.0%+9,704
Quinn Opportunity Partners LLC638,745$4.6M0.2%No change
State Street Corp607,923$4.4M0.0%−291,514
Dimensional Fund Advisors LP579,141$4.2M0.0%−126,935
Russell Investments Group, Ltd.515,529$3.7M0.0%+56,596
Long Corridor Asset Management Ltd500,000$3.6M1.3%−30,000
First Trust Advisors LP420,231$3.1M0.0%+70,978
Linden Advisors LP387,090$2.8M0.1%New
Invesco Ltd.380,408$2.8M0.0%−122,523
Legal & General Group Plc368,354$2.7M0.0%+123,415

13F reports cover disclosed long positions in U.S. stocks only.

Members of Congress who traded it

3 trades disclosed by members of Congress. “Vs S&P since” is the stock’s change since the trade minus the S&P 500’s.

DateMemberTradeAmountVs S&P sinceFiling
Jan 15, 2019Donna Shalala, HouseSale$1,001 - $15,000+284.4%Report
Jan 14, 2019Donna Shalala, HousePartial sale$1,001 - $15,000+287.7%Report
Jan 11, 2019Donna Shalala, HousePartial sale$1,001 - $15,000+286.5%Report

Members report amounts as ranges, not exact figures. Returns are price-only (no dividends).

SEC filer profile

How Weibo Corporation is registered with the Securities and Exchange Commission, from its EDGAR record and the cover page of its latest annual report.

  • Name on EDGARWEIBO Corp2
  • CIK0001595761
  • Filer statusLarge accelerated filer not an emerging growth company; not a shell company27
  • Incorporated inCayman Islands27
  • Fiscal year endsDecember 312
  • Industry code (SIC)7370 Services-Computer Programming, Data Processing, Etc.2
  • SEC reviewing officeOffice of Technology, Division of Corporation Finance2
  • Business address8/F, Qihao Plaza, No. 8 Xinyuan S. Road,, Chaoyang District, Beijing, 100027, China2
  • Phone86 10 6061-80002
  • Shares outstanding157,727,834 Common Class A shares; 87,822,024 Common Class B shares as of Dec 31, 202527
  • AuditorPricewaterhouseCoopers Zhong Tian LLP, Beijing, the People’s Republic of China PCAOB ID 1424; it also attests to the company’s internal control over financial reporting27
  • On EDGAR sinceJan 9, 20142
  • Filings258 in all: 6-K (132), CORRESP (22), UPLOAD (21), 20-F (12), SC 13G/A (11), 3 (10), 4 (7), SC 13G (7)2
    All 27 form types

    424B5 (6), FWP (4), F-1/A (3), F-3ASR (3), S-8 (3), 424B2 (2), DRSLTR (2), EFFECT (2), 144 (1), 424B4 (1), 8-A12B (1), CERTNAS (1), DRS (1), DRS/A (1), F-1 (1), F-6 (1), F-6 POS (1), SC 13D (1), SCHEDULE 13G/A (1)

  • Latest filingsAnnual report (20-F) Apr 23, 2026

Securities registered for trading

ClassSymbolExchange
American depositary shares, each representing one Class AWBThe Nasdaq Stock Market LLC
Class A ordinary shares, par value US$0.00025 per share9898

From the cover page of the 20-F filed Apr 23, 2026 (Section 12(b) of the Exchange Act).27

Sources

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

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