Weibo Financials
Weibo (WB) reported $1.8B in revenue for fiscal year 2025, up 0.1% from the prior fiscal year. This page shows its income statement, balance sheet, cash flow statement, and key financial ratios. View 14 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).
A flat revenue base is still producing durable margins and funding a steadily stronger balance sheet.
From FY2023 to FY2025, revenue stayed roughly flat while debt-to-equity fell from 1.1x to 0.5x, which points to balance-sheet repair funded by steady internal cash rather than growth. In FY2025, net income rose to$449M even as operating cash flow slipped to$519.5M , so the profit rebound translated into less cash than the income statement alone suggests.
The business remains structurally high-margin: FY2025 gross margin was
Liquidity looks comfortable: cash of
Financial Health Signals
Scored against operating companies for FY2025. Each of the six dimensions is a percentile rank within that peer group; the overall is their average, with missing dimensions counted as zero out of six. A high score means strong standing among peers, not absolute cross-industry strength. How this score is calculated →
Health score ≠ stock price. This rates the quality of Weibo's business: profitability, growth, balance sheet strength. It doesn't tell you whether the stock is a good buy at today's price. Not financial advice. Use it alongside valuation analysis and your own research.
Weibo has an operating margin of 26.5%, meaning the company retains $26 of operating profit per $100 of revenue. This strong profitability earns a score of 94/100, reflecting efficient cost management and pricing power. This is down from 28.2% the prior year.
Weibo's revenue grew a modest 0.1% year-over-year to $1.8B. This slow but positive growth earns a score of 31/100.
Weibo carries a low D/E ratio of 0.53, meaning only $0.53 of long-term debt for every $1 of shareholders' equity. This conservative leverage earns a score of 93/100, indicating a strong balance sheet with room for future borrowing.
With a current ratio of 3.39, Weibo holds $3.39 in current assets for every $1 of short-term obligations. This comfortable liquidity earns a score of 81/100.
Weibo converts 27.2% of revenue into free cash flow ($477.1M). This strong cash generation earns a score of 95/100.
Weibo earns a strong 11.5% return on equity (ROE), meaning it generates $11 of profit for every $100 of shareholders' equity. This efficient capital use earns a returns score of 67/100. This is up from 8.6% the prior year.
Weibo scores 1.73, below the 1.81 distress threshold. This indicates elevated financial distress risk and warrants close attention to liquidity and debt levels.
Distress-screening estimate for non-financial companies. Not computed for banks or insurers, where the Altman model does not apply.
Weibo passes 5 of 9 financial strength tests. All 4 profitability signals pass (positive income, cash flow, and earnings quality), 1 of 3 leverage/liquidity signals pass, neither operating efficiency signal passes.
For every $1 of reported earnings, Weibo generates $1.16 in operating cash flow ($519.5M OCF vs $449.0M net income). This indicates profits are well-supported by actual cash generation, not accounting adjustments.
Weibo earns $5.64 in operating income for every $1 of interest expense ($464.8M vs $82.4M). This wide margin provides strong safety for debt servicing, even if earnings decline temporarily.
Key Financial Metrics
Earnings & Revenue
Weibo generated $1.8B in revenue in fiscal year 2025. This represents an increase of 0.1% from the prior year.
Weibo's EBITDA was $523.9M in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization. This represents a decrease of 5.2% from the prior year.
Weibo reported $449.0M in net income in fiscal year 2025. This represents an increase of 49.3% from the prior year.
Weibo earned $1.70 per diluted share (EPS) in fiscal year 2025. This represents an increase of 46.6% from the prior year.
Cash & Balance Sheet
Weibo generated $477.1M in free cash flow in fiscal year 2025, representing cash available after capex. This represents a decrease of 17.5% from the prior year.
Weibo held $2.3B in cash against $2.1B in long-term debt as of fiscal year 2025.
Not reported for fiscal year 2025.
Margins & Returns
Weibo's gross margin was 76.0% in fiscal year 2025, indicating the percentage of revenue retained after direct costs. This is down 2.9 percentage points from the prior year.
Weibo's operating margin was 26.5% in fiscal year 2025, reflecting core business profitability. This is down 1.7 percentage points from the prior year.
Weibo's net profit margin was 25.6% in fiscal year 2025, showing the share of revenue converted to profit. This is up 8.4 percentage points from the prior year.
Weibo's ROE was 11.5% in fiscal year 2025, measuring profit generated per dollar of shareholder equity. This is up 2.8 percentage points from the prior year.
Capital Allocation
Weibo invested $324.2M in research and development in fiscal year 2025. This represents an increase of 5.0% from the prior year.
Weibo invested $42.4M in capex in fiscal year 2025, funding long-term assets and infrastructure. This represents a decrease of 31.1% from the prior year.
Not reported for fiscal year 2025.
WB Income Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type.
| Metric | FY25 | FY24 | FY23 | FY22 | FY21 | FY20 | FY19 | FY18 | FY17 | FY16 | FY15 | FY14 | FY13 | FY12 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $1.8B+0.1% | $1.8B-0.3% | $1.8B-4.2% | $1.8B-18.6% | $2.3B+33.6% | $1.7B-4.4% | $1.8B+2.8% | $1.7B+49.4% | $1.2B+75.4% | $655.8M+37.2% | $477.9M+43.0% | $334.2M+77.5% | $188.3M+185.6% | $65.9M |
| Cost of Revenue | $421.8M+14.2% | $369.5M-1.3% | $374.3M-6.6% | $400.6M-0.8% | $403.8M+33.6% | $302.2M-8.1% | $328.8M+18.4% | $277.6M+20.1% | $231.3M+35.1% | $171.2M+20.6% | $142.0M+69.8% | $83.6M+39.6% | $59.9M+29.0% | $46.4M |
| Gross Profit | $1.3B-3.6% | $1.4B0.0% | $1.4B-3.5% | $1.4B-22.5% | $1.9B+33.5% | $1.4B-3.5% | $1.4B-0.2% | $1.4B+56.8% | $918.8M+89.6% | $484.6M+44.2% | $335.9M+34.1% | $250.6M+95.1% | $128.4M+558.6% | $19.5M |
| R&D Expenses | $324.2M+5.0% | $308.7M-7.5% | $333.6M-19.6% | $415.2M-3.6% | $430.7M+32.9% | $324.1M+13.9% | $284.4M+13.8% | $249.9M+29.2% | $193.4M+25.5% | $154.1M+7.4% | $143.4M+14.0% | $125.8M+24.9% | $100.7M+41.5% | $71.2M |
| SG&A Expenses | $55.9M-44.8% | $101.3M-13.8% | $117.6M+122.7% | $52.8M-60.4% | $133.5M+31.9% | $101.2M+11.6% | $90.7M+107.3% | $43.8M+3.4% | $42.3M+2.7% | $41.2M+42.5% | $28.9M+9.2% | $26.5M+14.1% | $23.2M+301.8% | $5.8M |
| Operating Income | $464.8M-6.0% | $494.3M+4.5% | $472.9M-1.6% | $480.5M-31.1% | $697.4M+37.6% | $506.8M-15.2% | $597.6M-1.9% | $609.3M+49.5% | $407.6M+189.1% | $141.0M+275.9% | $37.5M+269.7% | -$22.1M+62.3% | -$58.6M+40.1% | -$97.8M |
| Interest Expense | $82.4M-21.8% | $105.4M-12.2% | $120.1M+67.7% | $71.6M+0.8% | $71.0M+23.6% | $57.4M+92.1% | $29.9M+94.3% | $15.4M | N/A | N/A | N/A | N/A | N/A | N/A |
| Income Tax | $144.5M+30.7% | $110.5M-23.9% | $145.3M+379.9% | $30.3M-78.2% | $138.8M+126.4% | $61.3M-44.0% | $109.6M+13.9% | $96.2M+44.2% | $66.7M+1446.5% | $4.3M+66.6% | $2.6M+129.7% | $1.1M+316.2% | $271K+117.5% | -$1.6M |
| Net Income | $449.0M+49.3% | $300.8M-12.2% | $342.6M+300.4% | $85.6M-80.0% | $428.3M+36.7% | $313.4M-36.7% | $494.7M-13.5% | $571.8M+62.2% | $352.6M+226.4% | $108.0M+210.9% | $34.7M+153.2% | -$65.3M-64.2% | -$39.8M+61.2% | -$102.5M |
| EPS (Diluted) | $1.70+46.6% | $1.16-18.9% | $1.43+297.2% | $0.36-80.6% | $1.86+34.8% | $1.38-36.7% | $2.18-13.5% | $2.52+61.5% | $1.56+225.0% | $0.48+200.0% | $0.16+145.7% | -$0.35-29.6% | -$0.27+63.0% | -$0.73 |
WB Balance Sheet
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type.
| Metric | FY25 | FY24 | FY23 | FY22 | FY21 | FY20 | FY19 | FY18 | FY17 | FY16 | FY15 | FY14 | FY13 | FY12 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total Assets | $7.1B+9.0% | $6.5B-10.7% | $7.3B+2.1% | $7.1B-5.2% | $7.5B+18.7% | $6.3B+31.9% | $4.8B+46.7% | $3.3B+27.8% | $2.6B+147.1% | $1.0B+23.6% | $839.2M+19.3% | $703.5M+15.9% | $606.9M | N/A |
| Current Assets | $3.6B+2.4% | $3.5B-22.6% | $4.5B-0.9% | $4.6B-5.2% | $4.8B-0.7% | $4.8B+33.0% | $3.6B+47.3% | $2.5B+20.5% | $2.0B+243.0% | $597.2M+19.8% | $498.4M-15.5% | $589.8M+6.9% | $551.8M | N/A |
| Cash & Equivalents | $2.3B+21.6% | $1.9B-26.9% | $2.6B-3.9% | $2.7B+11.0% | $2.4B+33.5% | $1.8B+24.9% | $1.5B+17.7% | $1.2B+23.3% | $1.0B+174.4% | $364.8M+53.6% | $237.4M-16.6% | $284.9M+14.4% | $249.1M+5625.1% | $4.4M |
| Accounts Receivable | $400.2M+17.8% | $339.8M-22.9% | $440.8M-12.3% | $502.4M-30.5% | $723.1M+47.0% | $492.0M | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Goodwill | $169.3M+4.4% | $162.2M-2.5% | $166.4M+38.5% | $120.2M-7.9% | $130.4M+111.3% | $61.7M+112.9% | $29.0M-1.2% | $29.3M+118.7% | $13.4M+30.7% | $10.3M-7.7% | $11.1M-4.6% | $11.7M+55.0% | $7.5M | N/A |
| Total Liabilities | $3.1B+5.4% | $2.9B-22.2% | $3.8B+0.6% | $3.7B-2.4% | $3.8B+11.1% | $3.4B+36.7% | $2.5B+65.2% | $1.5B+11.7% | $1.4B+388.9% | $279.6M+32.4% | $211.2M+55.1% | $136.1M-84.0% | $849.9M | N/A |
| Current Liabilities | $1.1B+9.1% | $968.1M-46.1% | $1.8B+47.3% | $1.2B-43.5% | $2.2B+125.3% | $958.4M+19.7% | $800.9M+27.2% | $629.8M+29.9% | $484.9M+74.4% | $278.1M+33.2% | $208.8M+54.4% | $135.3M-63.4% | $369.5M | N/A |
| Long-Term Debt | $2.1B-4.1% | $2.2B | N/A | N/A | N/A | N/A | N/A | $945.0M-1.2% | $956.8M | N/A | N/A | N/A | N/A | N/A |
| Total Equity | $3.9B+12.6% | $3.5B+2.5% | $3.4B+2.1% | $3.3B-7.3% | $3.6B+27.8% | $2.8B+23.2% | $2.3B+30.8% | $1.7B+46.4% | $1.2B+58.3% | $753.2M+21.4% | $620.7M+11.0% | $559.2M+330.2% | -$242.9M-16.9% | -$207.8M |
| Retained Earnings | $2.5B+11.0% | $2.3B+4.9% | $2.2B+7.0% | $2.0B+4.4% | $2.0B+28.0% | $1.5B+25.7% | $1.2B+68.4% | $723.2M+372.8% | $152.9M+176.6% | -$199.6M+35.1% | -$307.7M+10.1% | -$342.4M-24.6% | -$274.9M | N/A |
Not reported in any period shown, so not listed: Inventory.
WB Cash Flow Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type.
| Metric | FY25 | FY24 | FY23 | FY22 | FY21 | FY20 | FY19 | FY18 | FY17 | FY16 | FY15 | FY14 | FY13 | FY12 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | $519.5M-18.8% | $639.9M-4.9% | $672.8M+19.3% | $564.1M-30.7% | $814.0M+9.8% | $741.6M+17.4% | $631.7M+29.4% | $488.0M-9.5% | $539.2M+128.2% | $236.2M+29.8% | $182.0M+1037.4% | -$19.4M-895.5% | -$1.9M+98.1% | -$103.6M |
| Capital Expenditures | $42.4M-31.1% | $61.5M+67.2% | $36.8M-14.8% | $43.1M+22.9% | $35.1M+0.8% | $34.8M+60.2% | $21.7M-23.3% | $28.4M+38.6% | $20.5M+54.3% | $13.3M+22.1% | $10.9M-26.4% | $14.7M+22.4% | $12.0M-36.5% | $19.0M |
| Free Cash Flow | $477.1M-17.5% | $578.4M-9.1% | $636.0M+22.1% | $521.0M-33.1% | $778.9M+10.2% | $706.8M+15.9% | $609.9M+32.7% | $459.7M-11.4% | $518.7M+132.6% | $223.0M+30.3% | $171.1M+601.0% | -$34.2M-144.1% | -$14.0M+88.6% | -$122.6M |
| Investing Cash Flow | $66.6M+127.0% | -$246.9M+66.5% | -$736.8M-2131.9% | -$33.0M+92.2% | -$424.0M+65.1% | -$1.2B-1.1% | -$1.2B-372.9% | -$254.0M+68.8% | -$815.4M-742.9% | -$96.7M+57.6% | -$228.3M | N/A | N/A | N/A |
| Financing Cash Flow | -$227.3M+77.9% | -$1.0B-4846.1% | $21.7M+123.8% | -$91.1M-148.1% | $189.4M-74.5% | $742.0M-6.3% | $791.9M+56062.5% | -$1.4M-100.2% | $883.6M+29012.9% | $3.0M-38.8% | $5.0M | N/A | N/A | N/A |
| Dividends Paid | $195.6M+0.6% | $194.4M-2.9% | $200.1M | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Share Buybacks | N/A | N/A | N/A | $57.7M | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
WB Financial Ratios
Margins and returns are percentages; the remaining ratios are unitless multiples.
| Metric | FY25 | FY24 | FY23 | FY22 | FY21 | FY20 | FY19 | FY18 | FY17 | FY16 | FY15 | FY14 | FY13 | FY12 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross Margin | 76.0%-2.9pp | 78.9%+0.2pp | 78.7%+0.5pp | 78.2%-3.9pp | 82.1%0.0pp | 82.1%+0.7pp | 81.4%-2.5pp | 83.8%+3.9pp | 79.9%+6.0pp | 73.9%+3.6pp | 70.3%-4.7pp | 75.0%+6.8pp | 68.2%+38.6pp | 29.6% |
| Operating Margin | 26.5%-1.7pp | 28.2%+1.3pp | 26.9%+0.7pp | 26.2%-4.7pp | 30.9%+0.9pp | 30.0%-3.8pp | 33.8%-1.6pp | 35.4%0.0pp | 35.4%+13.9pp | 21.5%+13.7pp | 7.8%+14.5pp | -6.6%+24.5pp | -31.1% | -148.4% |
| Net Margin | 25.6%+8.4pp | 17.1%-2.3pp | 19.5%+14.8pp | 4.7%-14.3pp | 19.0%+0.4pp | 18.5%-9.5pp | 28.0%-5.3pp | 33.3%+2.6pp | 30.7%+14.2pp | 16.5%+9.2pp | 7.3%+26.8pp | -19.6%+1.6pp | -21.1% | -155.4% |
| Return on Equity | 11.5%+2.8pp | 8.6%-1.4pp | 10.1%+7.5pp | 2.6%-9.3pp | 11.9%+0.8pp | 11.1%-10.5pp | 21.7%-11.1pp | 32.8%+3.2pp | 29.6%+15.2pp | 14.3%+8.7pp | 5.6%+17.3pp | -11.7% | N/A | N/A |
| Return on Assets | 6.3%+1.7pp | 4.6%-0.1pp | 4.7%+3.5pp | 1.2%-4.5pp | 5.7%+0.8pp | 5.0%-5.3pp | 10.3%-7.2pp | 17.5%+3.7pp | 13.8%+3.3pp | 10.4%+6.3pp | 4.1%+13.4pp | -9.3%-2.7pp | -6.6% | N/A |
| Current Ratio | 3.39-0.2x | 3.61+1.1x | 2.51-1.2x | 3.73+1.5x | 2.22-2.8x | 5.04+0.5x | 4.54+0.6x | 3.92-0.3x | 4.22+2.1x | 2.15-0.2x | 2.39-2.0x | 4.36+2.9x | 1.49 | N/A |
| Debt-to-Equity | 0.53-0.1x | 0.63-0.5x | 1.110.0x | 1.12+0.1x | 1.07-0.2x | 1.23+0.1x | 1.10+0.6x | 0.54-0.3x | 0.80+0.4x | 0.370.0x | 0.34+0.1x | 0.24 | N/A | N/A |
| FCF Margin | 27.2%-5.8pp | 33.0%-3.2pp | 36.1%+7.8pp | 28.4%-6.1pp | 34.5%-7.3pp | 41.8%+7.3pp | 34.5%+7.8pp | 26.8%-18.4pp | 45.1%+11.1pp | 34.0%-1.8pp | 35.8%+46.0pp | -10.2%-2.8pp | -7.4% | -186.0% |
Reported as filed but not readable as a share of revenue in the periods where the ratio runs further from zero than a revenue base allows; no change figure is given where either compared period is one of those: Operating Margin, Net Margin, FCF Margin.
Similar Companies
Where Weibo Ranks
Frequently Asked Questions
What is Weibo's annual revenue?
Weibo (WB) reported $1.8B in total revenue for fiscal year 2025. This represents a 0.1% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.
How fast is Weibo's revenue growing?
Weibo (WB) revenue grew by 0.1% year-over-year, from $1.8B to $1.8B in fiscal year 2025.
Is Weibo profitable?
Yes, Weibo (WB) reported a net income of $449.0M in fiscal year 2025, with a net profit margin of 25.6%.
What is Weibo's EBITDA?
Weibo (WB) had EBITDA of $523.9M in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization.
How much debt does Weibo have?
As of fiscal year 2025, Weibo (WB) had $2.3B in cash and equivalents against $2.1B in long-term debt.
What is Weibo's gross margin?
Weibo (WB) had a gross margin of 76.0% in fiscal year 2025, indicating the percentage of revenue retained after direct costs of goods sold.
What is Weibo's operating margin?
Weibo (WB) had an operating margin of 26.5% in fiscal year 2025, reflecting the profitability of core business operations before interest and taxes.
What is Weibo's net profit margin?
Weibo (WB) had a net profit margin of 25.6% in fiscal year 2025, representing the share of revenue converted into profit after all expenses.
What is Weibo's return on equity (ROE)?
Weibo (WB) has a return on equity of 11.5% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.
What is Weibo's free cash flow?
Weibo (WB) generated $477.1M in free cash flow during fiscal year 2025. This represents a -17.5% change compared to the previous fiscal year. Free cash flow represents the cash a company generates after accounting for capital expenditures, and is widely used to assess financial flexibility and shareholder value.
What is Weibo's operating cash flow?
Weibo (WB) generated $519.5M in operating cash flow during fiscal year 2025, representing cash generated from core business activities.
What are Weibo's total assets?
Weibo (WB) had $7.1B in total assets as of fiscal year 2025, including both current and long-term assets.
What are Weibo's capital expenditures?
Weibo (WB) invested $42.4M in capital expenditures during fiscal year 2025, funding long-term assets and infrastructure.
How much does Weibo spend on research and development?
Weibo (WB) invested $324.2M in research and development during fiscal year 2025.
What is Weibo's current ratio?
Weibo (WB) had a current ratio of 3.39 as of fiscal year 2025, which is generally considered healthy.
What is Weibo's debt-to-equity ratio?
Weibo (WB) had a debt-to-equity ratio of 0.53 as of fiscal year 2025, measuring the company's financial leverage by comparing total debt to shareholder equity.
What is Weibo's return on assets (ROA)?
Weibo (WB) had a return on assets of 6.3% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.
What is Weibo's Altman Z-Score?
Weibo (WB) has an Altman Z-Score of 1.73, placing it in the Distress Zone (elevated bankruptcy risk). The Z-Score combines five financial ratios (working capital, retained earnings, EBIT, market capitalization, and revenue relative to total assets) to predict the likelihood of bankruptcy. Scores above 2.99 indicate financial safety while scores below 1.81 suggest financial distress. Learn more in our complete guide to financial health indicators.
What is Weibo's Piotroski F-Score?
Weibo (WB) has a Piotroski F-Score of 5 out of 9, indicating neutral financial health. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7 to 9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.
Are Weibo's earnings high quality?
Weibo (WB) has an earnings quality ratio of 1.16x, considered cash-backed (high quality). This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.
Can Weibo cover its interest payments?
Weibo (WB) has an interest coverage ratio of 5.64x, meaning it can comfortably cover its interest obligations. This ratio divides operating income by interest expense. Ratios above 5x indicate strong debt-servicing ability, while ratios below 2x suggest the company may face difficulty meeting interest payments if earnings decline. Learn more in our complete guide to financial health indicators.
How financially healthy is Weibo?
Weibo (WB) scores 77 out of 100 on our Financial Health Score, indicating strong standing within its operating companies peer group. The score is a 0-100 composite of six dimensions (Profitability, Growth, Leverage, Liquidity, Cash Flow, Returns), each ranked as a percentile relative to companies in the same scoring family (banks against banks, REITs against REITs, and so on) rather than across all industries. It rates the quality of the business, not whether the stock is fairly priced, and is not financial advice. Learn more in our complete guide to financial health indicators.