Weibo (WB) Q1 2026 Earnings Transcript
Written by Emily J. Thompson, Senior Investment Analyst
Updated: 2 days ago
0mins
Source: NASDAQ.COM
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Analyst Views on WB
Wall Street analysts forecast WB stock price to rise
1 Analyst Rating
0 Buy
0 Hold
1 Sell
Moderate Sell
Current: 7.840
Low
8.70
Averages
8.70
High
8.70
Current: 7.840
Low
8.70
Averages
8.70
High
8.70
About WB
Weibo Corp is a China-based company mainly engaged in social media advertising business. The Company operates two segments. Advertising and Marketing segment mainly provides a full range of advertising customization and marketing solutions. Value-added Services segment mainly provides services such as membership services on social platforms, online games, live broadcasts, social e-commerce and others. The Company also engages in internet and other related businesses, including the provision of internet content and online game operations. The Company's users can create, discover, consume and share various formats of content, including text, photo, video, live streaming and audio on the Weibo platform. The Company's main product is the social platform Weibo.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
Weibo (WB) Q1 2026 Earnings Transcript
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Weibo Q1 2026 Earnings Call Insights
- User Growth Slowdown: As of March 2026, Weibo's monthly active users (MAU) stood at 562 million, with daily active users (DAU) reaching 254 million, indicating a modest decline year-over-year and quarter-over-quarter; management emphasized a strategic focus on enhancing user experience and retention.
- Strong Financial Performance: In Q1 2026, Weibo reported total net revenues of $421.3 million, with advertising revenues at $369.8 million and operating income of $119.8 million, reflecting a robust performance in the advertising sector with an operating margin of 28%.
- Video Business Potential: Management highlighted that the video business is set to be a crucial driver for increasing user time spent and retention throughout 2026, despite facing pressure on advertising demand, positive growth signals were still observed.
- Investment and Returns: The CFO reported that Weibo's cash and short-term investments totaled $2.59 billion, with cash provided by operating activities at $164 million, demonstrating the company's balance between ongoing investments and shareholder returns, having completed approximately $150 million in cash dividends for fiscal year 2025.
See More
Weibo Reports Strong Q1 2026 Financial Results with Increased Revenues
- Revenue Growth: In Q1 2026, Weibo reported total net revenues of $421.3 million, a 6% increase year-over-year, indicating effective strategies in user and product optimization that enhance market competitiveness.
- Advertising Revenue Increase: Advertising and marketing revenues reached $369.8 million, up 9%, with non-Alibaba advertising revenues at $326.5 million, a 10% increase, reflecting rising advertising demand from sectors like internet services, automotive, and local services.
- Rising Operating Costs: Total costs and expenses for Q1 were $310.4 million, an 8% increase, primarily due to higher advertising production and marketing expenses, although a decrease in general and administrative expenses partially offset this, impacting overall profit margins.
- Net Income Decline: Net income attributable to Weibo's shareholders was $34.7 million, a 67% decrease year-over-year, with diluted net income per share at $0.14, highlighting the impact of non-operating losses and necessitating attention to future profitability recovery.
See More
Weibo Reports Q1 2026 Earnings with Mixed Results
- Earnings Highlights: Weibo's Q1 2026 Non-GAAP EPS of $0.34 missed expectations by $0.02, indicating pressure on profitability that may affect investor confidence.
- Revenue Growth: The quarter's revenue reached $421.3 million, a 6.1% year-over-year increase, surpassing market expectations by $4.33 million, demonstrating resilience in user growth and advertising revenue.
- User Engagement: As of March 2026, Weibo reported 562 million monthly active users and 254 million daily active users, indicating a robust user base despite competitive market pressures.
- Advertising Revenue Performance: Advertising and marketing revenues totaled $369.8 million, up 9% year-over-year and 3% on a constant currency basis, reflecting the company's sustained appeal in the advertising market, although growth rates are slowing.
See More
Weibo to Announce Q1 Earnings on May 28
- Earnings Announcement Date: Weibo is set to release its Q1 2023 earnings report on May 28 before the market opens, with a consensus EPS estimate of $0.36, reflecting a 20% year-over-year decline, indicating profitability challenges for the company.
- Revenue Expectations: Analysts forecast Weibo's Q1 revenue at $416.97 million, representing a 5.1% year-over-year increase, which, while modest, still demonstrates some resilience in the company's market position.
- Historical Performance: Over the past two years, Weibo has exceeded EPS estimates 88% of the time and revenue estimates 88% of the time, indicating a strong track record of financial stability and performance.
- Market Reaction: Despite beating revenue expectations in its latest report, Weibo's non-GAAP EPS of $0.25 fell short by $0.07, resulting in a 7% drop in stock price, reflecting market concerns over its profitability.
See More
Weibo Corporation's Resolutions Approved at 2026 Annual General Meeting
- Shareholder Meeting Resolutions: Weibo Corporation's resolutions were approved at the 2026 annual general meeting, reflecting shareholder confidence in the company's future, which is expected to drive strategic implementation and market expansion.
- Advertising Revenue Dominance: The majority of Weibo's revenue comes from advertising and marketing services, and with an expanding user base and diversified ad products, the company is poised for higher revenue growth and enhanced market competitiveness.
- Social Media Platform Advantage: As a leading social media platform in China, Weibo combines real-time public self-expression with robust social interaction capabilities, providing unique advantages in content aggregation and distribution, attracting a large user and advertiser base.
- Dynamic User Relationships: Weibo's asymmetric user relationships allow any user to follow others and engage in interactions, which not only facilitates rapid content dissemination but also enhances user stickiness and platform activity.
See More
Weibo (WB) Q1 2026 Earnings Transcript
See More
Weibo Q1 2026 Earnings Call Insights
- User Growth Slowdown: As of March 2026, Weibo's monthly active users (MAU) stood at 562 million, with daily active users (DAU) reaching 254 million, indicating a modest decline year-over-year and quarter-over-quarter; management emphasized a strategic focus on enhancing user experience and retention.
- Strong Financial Performance: In Q1 2026, Weibo reported total net revenues of $421.3 million, with advertising revenues at $369.8 million and operating income of $119.8 million, reflecting a robust performance in the advertising sector with an operating margin of 28%.
- Video Business Potential: Management highlighted that the video business is set to be a crucial driver for increasing user time spent and retention throughout 2026, despite facing pressure on advertising demand, positive growth signals were still observed.
- Investment and Returns: The CFO reported that Weibo's cash and short-term investments totaled $2.59 billion, with cash provided by operating activities at $164 million, demonstrating the company's balance between ongoing investments and shareholder returns, having completed approximately $150 million in cash dividends for fiscal year 2025.
See More
Weibo Reports Strong Q1 2026 Financial Results with Increased Revenues
- Revenue Growth: In Q1 2026, Weibo reported total net revenues of $421.3 million, a 6% increase year-over-year, indicating effective strategies in user and product optimization that enhance market competitiveness.
- Advertising Revenue Increase: Advertising and marketing revenues reached $369.8 million, up 9%, with non-Alibaba advertising revenues at $326.5 million, a 10% increase, reflecting rising advertising demand from sectors like internet services, automotive, and local services.
- Rising Operating Costs: Total costs and expenses for Q1 were $310.4 million, an 8% increase, primarily due to higher advertising production and marketing expenses, although a decrease in general and administrative expenses partially offset this, impacting overall profit margins.
- Net Income Decline: Net income attributable to Weibo's shareholders was $34.7 million, a 67% decrease year-over-year, with diluted net income per share at $0.14, highlighting the impact of non-operating losses and necessitating attention to future profitability recovery.
See More
Weibo Reports Q1 2026 Earnings with Mixed Results
- Earnings Highlights: Weibo's Q1 2026 Non-GAAP EPS of $0.34 missed expectations by $0.02, indicating pressure on profitability that may affect investor confidence.
- Revenue Growth: The quarter's revenue reached $421.3 million, a 6.1% year-over-year increase, surpassing market expectations by $4.33 million, demonstrating resilience in user growth and advertising revenue.
- User Engagement: As of March 2026, Weibo reported 562 million monthly active users and 254 million daily active users, indicating a robust user base despite competitive market pressures.
- Advertising Revenue Performance: Advertising and marketing revenues totaled $369.8 million, up 9% year-over-year and 3% on a constant currency basis, reflecting the company's sustained appeal in the advertising market, although growth rates are slowing.
See More
Weibo to Announce Q1 Earnings on May 28
- Earnings Announcement Date: Weibo is set to release its Q1 2023 earnings report on May 28 before the market opens, with a consensus EPS estimate of $0.36, reflecting a 20% year-over-year decline, indicating profitability challenges for the company.
- Revenue Expectations: Analysts forecast Weibo's Q1 revenue at $416.97 million, representing a 5.1% year-over-year increase, which, while modest, still demonstrates some resilience in the company's market position.
- Historical Performance: Over the past two years, Weibo has exceeded EPS estimates 88% of the time and revenue estimates 88% of the time, indicating a strong track record of financial stability and performance.
- Market Reaction: Despite beating revenue expectations in its latest report, Weibo's non-GAAP EPS of $0.25 fell short by $0.07, resulting in a 7% drop in stock price, reflecting market concerns over its profitability.
See More
Weibo Corporation's Resolutions Approved at 2026 Annual General Meeting
- Shareholder Meeting Resolutions: Weibo Corporation's resolutions were approved at the 2026 annual general meeting, reflecting shareholder confidence in the company's future, which is expected to drive strategic implementation and market expansion.
- Advertising Revenue Dominance: The majority of Weibo's revenue comes from advertising and marketing services, and with an expanding user base and diversified ad products, the company is poised for higher revenue growth and enhanced market competitiveness.
- Social Media Platform Advantage: As a leading social media platform in China, Weibo combines real-time public self-expression with robust social interaction capabilities, providing unique advantages in content aggregation and distribution, attracting a large user and advertiser base.
- Dynamic User Relationships: Weibo's asymmetric user relationships allow any user to follow others and engage in interactions, which not only facilitates rapid content dissemination but also enhances user stickiness and platform activity.
See More
