Weibo Stock Earnings Reports

Weibo reported Q1 2026 revenue of $421.3M, up 6% year-over-year (advertising revenue $369.8M, +9% YoY). Monthly active users were 562M in March and average daily users 254M; MAUs are declining modestly as the company intentionally rationalizes channel spend to improve user quality and retention, while DAUs grew slightly quarter-over-quarter. Management is prioritizing product optimizations (particularly information feed and recommendation algorithms), video as a key driver of time spent and retention, and expanded AI tools for creators and ad targeting. Video watch-time grew double digits YoY and the number of top-tier accounts posting original video rose double digits YoY. Weibo is investing in high-quality video supply, AI-enabled content creation, and improved trending/topic credibility. Ad growth was led by Internet services, local services and automobiles; handset and some FMCG pockets remain pressured. Non-GAAP operating income was $119.8M (28% margin), net income attributable to Weibo $91.9M, diluted EPS $0.34. Costs rose 13% due to higher ad production and marketing investments; operating margin declined from 33% a year earlier as management balances investments with profitability. Cash and equivalents totaled $2.59B and the company completed a ~$150M annual dividend. Management emphasizes measured, ROI-driven investment in AI, content ecosystem and monetization to build sustainable long-term growth.