Weibo Q1 Revenue Rises 6% on Strong Ad Growth, but Users Decline

Earnings
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Summary · why it matters

Weibo Corp reported first-quarter 2026 revenue of USD421.3 million, a 6% year-over-year increase, driven by a 9% jump in advertising revenue to USD369.8 million. Non-GAAP operating income was USD119.8 million, representing a 28% margin, while net income reached USD91.9 million. Monthly active users slipped to 562 million and daily active users to 254 million, reflecting challenges in user acquisition and retention. The company highlighted double-digit growth in video consumption and ongoing AI investments to improve ad targeting and content creation. Cash and equivalents stood at USD2.59 billion as of March 31, 2026.

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Weibo Corp
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Revenue and earnings beat expectations with 6% revenue growth and 28% non-GAAP operating margin.