Overview of Financial Statements
Financial statements are records that provide an overview of a company's financial performance and position. There are three main types of financial statements:
- Income Statement: Shows the company's revenue, expenses, and profit over a specific period.
- Balance Sheet: Provides a snapshot of the company's assets, liabilities, and equity at a specific point in time.
- Cash Flow Statement: Details the cash inflows and outflows from operating, investing, and financing activities over a period.
This page presents both annual and quarterly data for these financial statements. The charts below provide a visual representation of the key metrics from each statement, helping you to quickly understand the financial health of Weibo.
Income Statement
| Breakdown | December 31, 2024 | December 31, 2023 | December 31, 2022 | December 31, 2021 | December 31, 2020 | December 31, 2019 | December 31, 2018 | December 31, 2017 | December 31, 2016 | December 31, 2015 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $1.75B | $1.76B | $1.84B | $2.26B | $1.69B | $1.77B | $1.72B | $1.15B | $655.80M | $477.89M |
| Cost of Revenue | $369.52M | $374.28M | $400.58M | $403.84M | $302.18M | $328.83M | $277.65M | $231.25M | $171.23M | $141.96M |
| Gross Profit | $1.39B | $1.39B | $1.44B | $1.85B | $1.39B | $1.44B | $1.44B | $918.80M | $484.57M | $335.93M |
| Gross Profit Ratio | 78.94% | 78.73% | 78.19% | 82.10% | 82.12% | 81.39% | 83.84% | 79.89% | 73.89% | 70.29% |
| Research and Development Expenses | $308.75M | $333.63M | $415.19M | $430.67M | $324.11M | $284.44M | $249.87M | $193.39M | $154.09M | $143.44M |
| General and Administrative Expenses | $101.29M | $117.57M | $52.81M | $133.47M | $101.22M | $90.72M | $43.76M | $42.31M | $41.22M | $28.93M |
| Selling and Marketing Expenses | $480.79M | $461.42M | $477.11M | $591.68M | $455.62M | $465.34M | $527.42M | $275.54M | $148.28M | $126.06M |
| Selling General and Administrative Expenses | $582.09M | $579.00M | $529.91M | $725.16M | $556.84M | $556.06M | $571.18M | $317.85M | $189.50M | $154.98M |
| Other Expenses | $- | $- | $-49.04M | $9.16M | $5.00M | $4.41M | $- | $- | $- | $- |
| Operating Expenses | $890.83M | $912.62M | $945.10M | $1.16B | $880.95M | $840.50M | $821.05M | $511.25M | $343.59M | $298.43M |
| Cost and Expenses | $1.26B | $1.29B | $1.35B | $1.56B | $1.18B | $1.17B | $1.10B | $742.50M | $514.82M | $440.39M |
| Interest Income | $- | $118.21M | $105.43M | $29.65M | $43.83M | $46.70M | $43.87M | $14.29M | $8.63M | $6.34M |
| Interest Expense | $- | $120.07M | $39.27M | $71.01M | $57.43M | $29.90M | $43.81M | $13.26M | $8.76M | $6.34M |
| Depreciation and Amortization | $58.51M | $91.60M | $66.16M | $61.23M | $36.08M | $29.57M | $19.85M | $15.33M | $13.98M | $20.95M |
| EBITDA | $552.83M | $714.45M | $289.91M | $668.74M | $458.99M | $675.06M | $704.02M | $431.41M | $154.96M | $58.45M |
| EBITDA Ratio | 31.51% | 40.60% | 26.72% | 38.71% | 40.33% | 36.19% | 35.77% | 35.85% | 27.54% | 9.33% |
| Operating Income | $494.32M | $472.93M | $816.01M | $697.41M | $506.80M | $597.58M | $609.26M | $407.55M | $140.98M | $37.50M |
| Operating Income Ratio | 28.17% | 26.87% | 44.44% | 30.90% | 29.99% | 33.82% | 35.45% | 35.44% | 21.50% | 7.85% |
| Total Other Income Expenses Net | $-73.67M | $29.85M | $-352.38M | $-146.69M | $-130.88M | $4.81M | $59.58M | $9.56M | $-31.00M | $-723.00K |
| Income Before Tax | $420.65M | $502.78M | $128.09M | $550.72M | $375.91M | $602.40M | $668.84M | $417.11M | $109.98M | $36.78M |
| Income Before Tax Ratio | 23.97% | 28.57% | 6.98% | 24.40% | 22.24% | 34.09% | 38.92% | 36.27% | 16.77% | 7.70% |
| Income Tax Expense | $110.55M | $145.29M | $30.28M | $138.84M | $61.32M | $109.56M | $96.22M | $66.75M | $4.32M | $2.59M |
| Net Income | $300.80M | $342.60M | $85.56M | $428.32M | $313.36M | $494.68M | $571.82M | $352.59M | $108.03M | $34.74M |
| Net Income Ratio | 17.14% | 19.47% | 4.66% | 18.98% | 18.54% | 28.00% | 33.27% | 30.66% | 16.47% | 7.27% |
| EPS | $1.16 | $1.46 | $0.36 | $1.87 | $1.38 | $2.19 | $2.56 | $1.60 | $0.50 | $0.17 |
| EPS Diluted | $1.13 | $1.43 | $0.36 | $1.86 | $1.38 | $2.18 | $2.46 | $1.56 | $0.48 | $0.16 |
| Weighted Average Shares Outstanding | 259.31M | 235.56M | 235.16M | 228.81M | 226.92M | 225.45M | 223.75M | 220.56M | 214.75M | 208.16M |
| Weighted Average Shares Outstanding Diluted | 265.24M | 239.97M | 236.41M | 230.21M | 227.64M | 226.41M | 232.68M | 225.36M | 222.86M | 217.92M |
| SEC Filing | Source | Source | Source | Source | Source | Source | Source | Source | Source | Source |
Balance Sheet
| Breakdown | December 31, 2024 | December 31, 2023 | December 31, 2022 | December 31, 2021 | December 31, 2020 | December 31, 2019 | December 31, 2018 | December 31, 2017 | December 31, 2016 | December 31, 2015 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash and Cash Equivalents | $1.89B | $2.58B | $2.69B | $2.42B | $1.81B | $1.45B | $1.23B | $1.00B | $364.77M | $237.44M |
| Short Term Investments | $459.85M | $641.03M | $480.43M | $711.06M | $1.68B | $951.24M | $591.27M | $791.73M | $31.19M | $98.44M |
| Cash and Short Term Investments | $2.35B | $3.23B | $3.17B | $3.13B | $3.50B | $2.40B | $1.83B | $1.79B | $395.95M | $335.88M |
| Net Receivables | $339.75M | $1.17B | $502.44M | $1.58B | $1.24B | $807.05M | $478.95M | $186.46M | $134.62M | $120.23M |
| Inventory | $- | $14.19M | $1 | $1 | $- | $- | $1 | $- | $1 | $- |
| Other Current Assets | $801.54M | $103.79M | $127.58M | $90.96M | $95.75M | $108.31M | $164.28M | $69.23M | $66.66M | $42.30M |
| Total Current Assets | $3.49B | $4.51B | $4.55B | $4.80B | $4.83B | $3.64B | $2.47B | $2.05B | $597.24M | $498.40M |
| Property Plant Equipment Net | $215.03M | $390.93M | $249.55M | $68.40M | $60.63M | $46.73M | $45.62M | $33.79M | $22.82M | $22.85M |
| Goodwill | $- | $166.44M | $120.15M | $130.41M | $61.71M | $28.99M | $29.35M | $13.42M | $10.27M | $11.12M |
| Intangible Assets | $272.00M | $134.13M | $125.07M | $166.93M | $146.98M | $17.52M | $21.10M | $517.00K | $1.10M | $1.97M |
| Goodwill and Intangible Assets | $272.00M | $300.56M | $245.22M | $297.33M | $208.69M | $46.51M | $50.45M | $13.94M | $11.37M | $13.08M |
| Long Term Investments | $1.39B | $1.32B | $993.63M | $1.21B | $1.18B | $1.03B | $694.59M | $452.34M | $399.93M | $294.68M |
| Tax Assets | $- | $43.26M | $39.99M | $40.54M | $27.02M | $- | $- | $- | $- | $- |
| Other Non-Current Assets | $1.14B | $712.50M | $1.05B | $1.10B | $24.75M | $47.31M | $14.93M | $13.38M | $5.59M | $10.17M |
| Total Non-Current Assets | $3.01B | $2.77B | $2.58B | $2.72B | $1.50B | $1.17B | $805.58M | $513.45M | $439.71M | $340.79M |
| Other Assets | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Total Assets | $6.50B | $7.28B | $7.13B | $7.52B | $6.34B | $4.80B | $3.27B | $2.56B | $1.04B | $839.19M |
| Account Payables | $158.44M | $161.49M | $161.03M | $197.64M | $149.51M | $126.25M | $123.73M | $134.95M | $49.00M | $2.53M |
| Short Term Debt | $- | $809.71M | $9.69M | $904.46M | $11.16M | $9.42M | $- | $- | $- | $- |
| Tax Payables | $- | $94.51M | $55.28M | $144.75M | $102.84M | $100.25M | $88.68M | $51.56M | $35.73M | $29.95M |
| Deferred Revenue | $- | $75.19M | $79.95M | $91.14M | $143.68M | $108.78M | $99.99M | $81.31M | $48.96M | $39.09M |
| Other Current Liabilities | $809.70M | $656.45M | $913.98M | $821.03M | $551.17M | $456.16M | $286.81M | $217.05M | $144.41M | $137.20M |
| Total Current Liabilities | $968.14M | $1.80B | $1.22B | $2.16B | $958.37M | $800.86M | $629.84M | $484.88M | $278.10M | $208.78M |
| Long Term Debt | $1.86B | $1.90B | $2.48B | $1.59B | $2.43B | $1.69B | $884.12M | $879.98M | $- | $- |
| Deferred Revenue Non-Current | $- | $- | $- | $-66.90M | $-58.30M | $-33.97M | $-642.35M | $286.00K | $666.00K | $1.05M |
| Deferred Tax Liabilities Non-Current | $- | $66.15M | $41.69M | $66.90M | $58.30M | $33.97M | $12.58M | $1.88M | $817.00K | $1.34M |
| Other Non-Current Liabilities | $96.70M | $3.42M | $- | $15.12M | $2.10M | $- | $- | $- | $- | $1.34M |
| Total Non-Current Liabilities | $1.96B | $1.97B | $2.52B | $1.67B | $2.49B | $1.72B | $896.70M | $882.15M | $1.48M | $2.38M |
| Other Liabilities | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Total Liabilities | $2.93B | $3.76B | $3.74B | $3.83B | $3.45B | $2.52B | $1.53B | $1.37B | $279.59M | $211.16M |
| Preferred Stock | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Common Stock | $3.48B | $61.00K | $59.00K | $59.00K | $57.00K | $57.00K | $57.00K | $56.00K | $55.00K | $53.00K |
| Retained Earnings | $- | $2.19B | $2.05B | $1.96B | $1.53B | $1.22B | $723.18M | $152.95M | $-199.64M | $-307.67M |
| Accumulated Other Comprehensive Income Loss | $- | $-217.82M | $-102.74M | $156.93M | $79.53M | $-68.56M | $-49.62M | $9.53M | $-26.99M | $-10.63M |
| Other Total Stockholders Equity | $- | $1.43B | $1.39B | $1.48B | $1.20B | $1.13B | $1.07B | $1.03B | $979.80M | $938.92M |
| Total Stockholders Equity | $3.48B | $3.40B | $3.33B | $3.59B | $2.81B | $2.28B | $1.75B | $1.19B | $753.23M | $620.67M |
| Total Equity | $3.58B | $3.52B | $3.39B | $3.69B | $2.89B | $2.28B | $1.75B | $1.19B | $757.36M | $628.03M |
| Total Liabilities and Stockholders Equity | $6.50B | $7.28B | $7.13B | $7.52B | $6.34B | $4.80B | $3.27B | $2.56B | $1.04B | $839.19M |
| Minority Interest | $96.11M | $118.88M | $60.29M | $94.20M | $73.91M | $-1.45M | $2.68M | $2.21M | $4.13M | $7.36M |
| Total Liabilities and Total Equity | $6.50B | $7.28B | $7.13B | $7.52B | $6.34B | $4.80B | $3.27B | $2.56B | $1.04B | $839.19M |
| Total Investments | $1.85B | $1.96B | $1.47B | $1.92B | $2.86B | $1.98B | $1.29B | $1.24B | $431.12M | $393.12M |
| Total Debt | $1.86B | $2.71B | $2.42B | $2.43B | $2.43B | $1.68B | $884.12M | $879.98M | $- | $- |
| Net Debt | $-29.86M | $120.90M | $-269.20M | $11.25M | $613.67M | $229.27M | $-350.47M | $-120.97M | $-364.77M | $-237.44M |
Cash Flow Statement
| Breakdown | December 31, 2024 | December 31, 2023 | December 31, 2022 | December 31, 2021 | December 31, 2020 | December 31, 2019 | December 31, 2018 | December 31, 2017 | December 31, 2016 | December 31, 2015 |
|---|---|---|---|---|---|---|---|---|---|---|
| Net Income | $300.80M | $357.50M | $97.81M | $411.88M | $314.60M | $492.83M | $572.62M | $350.37M | $105.66M | $34.19M |
| Depreciation and Amortization | $- | $72.30M | $66.16M | $61.23M | $36.08M | $29.57M | $19.85M | $15.33M | $13.98M | $20.95M |
| Deferred Income Tax | $- | $24.04M | $-24.82M | $-12.48M | $-15.73M | $16.84M | $4.44M | $-1.50M | $-4.63M | $-977.00K |
| Stock Based Compensation | $69.71M | $101.13M | $111.71M | $88.00M | $67.11M | $61.29M | $41.01M | $48.04M | $36.90M | $26.40M |
| Change in Working Capital | $- | $101.45M | $-96.69M | $42.35M | $115.99M | $-68.13M | $-155.60M | $116.87M | $36.38M | $94.19M |
| Accounts Receivables | $- | $29.10M | $166.50M | $-230.60M | $-89.27M | $-99.76M | $-221.66M | $-59.52M | $-978.00K | $348.00K |
| Inventory | $- | $- | $- | $287.32M | $170.17M | $105.34M | $-22.58M | $59.98M | $18.96M | $73.67M |
| Accounts Payables | $- | $19.66M | $-35.48M | $41.81M | $15.17M | $5.16M | $64.28M | $84.44M | $8.91M | $2.42M |
| Other Working Capital | $- | $52.68M | $-227.70M | $-56.18M | $19.93M | $-78.88M | $24.38M | $31.97M | $9.49M | $17.75M |
| Other Non Cash Items | $-370.51M | $16.40M | $409.94M | $223.04M | $223.60M | $99.26M | $5.69M | $10.05M | $47.94M | $7.22M |
| Net Cash Provided by Operating Activities | $- | $672.82M | $564.10M | $814.02M | $741.65M | $631.65M | $488.01M | $539.15M | $236.24M | $181.97M |
| Investments in Property Plant and Equipment | $- | $-36.77M | $-196.71M | $-167.62M | $-34.83M | $-21.75M | $-28.35M | $-20.45M | $-13.25M | $-10.86M |
| Acquisitions Net | $- | $-243.38M | $939.00K | $-61.16M | $-214.30M | $122.00K | $-40.00M | $-2.30M | $-22.02M | $-22.02M |
| Purchases of Investments | $- | $-1.36B | $-823.67M | $-2.76B | $-3.56B | $-1.92B | $-2.21B | $-1.49B | $-469.49M | $-418.13M |
| Sales Maturities of Investments | $- | $933.23M | $1.00B | $2.49B | $2.89B | $930.10M | $2.07B | $698.70M | $385.99M | $222.71M |
| Other Investing Activities | $- | $-31.87M | $-14.45M | $80.80M | $-291.99M | $-190.32M | $-48.26M | $2.83M | $22.02M | $-195.43M |
| Net Cash Used for Investing Activities | $- | $-736.85M | $-33.01M | $-423.96M | $-1.21B | $-1.20B | $-254.03M | $-815.42M | $-96.75M | $-228.31M |
| Debt Repayment | $- | $226.69M | $-19.64M | $- | $740.32M | $793.33M | $-2.00M | $881.29M | $- | $-2.86M |
| Common Stock Issued | $- | $1.00K | $- | $188.13M | $122.00K | $275.00K | $781.00K | $2.29M | $4.18M | $7.82M |
| Common Stock Repurchased | $- | $- | $-66.10M | $- | $- | $- | $- | $- | $- | $- |
| Dividends Paid | $- | $-200.13M | $- | $- | $- | $- | $- | $- | $- | $- |
| Other Financing Activities | $- | $-4.87M | $-5.41M | $1.31M | $1.64M | $-1.46M | $-196.00K | $2.29M | $3.04M | $7.82M |
| Net Cash Used Provided by Financing Activities | $- | $21.69M | $-91.14M | $189.44M | $741.96M | $791.87M | $-1.42M | $883.58M | $3.04M | $4.96M |
| Effect of Forex Changes on Cash | $- | $-63.80M | $-172.88M | $29.36M | $92.56M | $-3.77M | $1.08M | $28.88M | $-15.21M | $-6.04M |
| Net Change in Cash | $-2.58B | $-106.13M | $267.06M | $608.86M | $361.86M | $218.39M | $233.64M | $636.19M | $127.33M | $-47.42M |
| Cash at End of Period | $- | $2.58B | $2.69B | $2.42B | $1.81B | $1.45B | $1.23B | $1.00B | $364.77M | $237.44M |
| Cash at Beginning of Period | $2.58B | $2.69B | $2.42B | $1.81B | $1.45B | $1.23B | $1.00B | $364.77M | $237.44M | $284.87M |
| Operating Cash Flow | $- | $672.82M | $564.10M | $814.02M | $741.65M | $631.65M | $488.01M | $539.15M | $236.24M | $181.97M |
| Capital Expenditure | $- | $-36.77M | $-196.71M | $-167.62M | $-34.83M | $-21.75M | $-28.35M | $-20.45M | $-13.25M | $-10.86M |
| Free Cash Flow | $- | $636.05M | $367.40M | $646.39M | $706.82M | $609.91M | $459.66M | $518.70M | $222.99M | $171.11M |