Weibo Corp9898
± MixedCapitalrelevance
Q2 revenue up 2% but ad revenue fell 1% on soft demand; mixed results with EPS $0.38.
Impact on stocks 1
Communication Services
Weibo CorpWeibo reported second quarter 2026 net revenues of USD 453.8 million, an increase of 2% or a decrease of 4% on a constant currency basis. Advertising and marketing revenues were USD 381 million, a decrease of 1% or 6% on a constant currency basis, while value-added service revenues rose 19% or 12% on a constant currency basis to USD 72.9 million. The company's operating income was USD 125.4 million, representing a non-GAAP operating margin of 28%, and net income attributable to Weibo reached USD 102.7 million with diluted EPS of USD 0.38. Monthly active users in June 2026 were 561 million and average daily active users were 254 million. Management noted that ad revenue faced pressure from soft consumer demand and cautious advertiser budgets, but saw growth in automobile, internet services, and food and beverage sectors, and highlighted AI-driven improvements in ad efficiency.
Weibo CorpQ2 revenue up 2% but ad revenue fell 1% on soft demand; mixed results with EPS $0.38.