WB · Weibo Corporation

Weibo Corporation reported its first quarter 2026 financial results, showing a slight decline in net revenue to $456.7 million from $463.8 million in the same quarter last year, primarily due to a decrease in advertising and marketing revenue, which fell to $392.0 million from $402.5 million. However, value-added services revenue grew to $64.7 million from $61.3 million. Operating income remained relatively flat at $117.5 million compared to $117.0 million in the prior year period. Net income attributable to Weibo increased to $108.5 million from $100.5 million, and diluted EPS rose to $0.46 from $0.42. On a non-GAAP basis, net income attributable to Weibo was $126.3 million, up from $117.0 million, with non-GAAP diluted EPS of $0.53 versus $0.49. The company did not provide any forward guidance in the earnings release. The results reflect Weibo's ability to maintain profitability despite a slight revenue contraction, driven by cost management and growth in value-added services.