Jun. 4 at 10:13 PM
$WB Weibo's Value-added services (VAS) revenues decreased 11% year-over-year to US
$51.6M in Q1 2026, primarily due to less revenue contribution from game-related business.
Weibo recorded a non-operating loss of US
$59.9M in Q1 2026, a significant change from non-operating income of US
$22.1M in the prior year period. This loss mainly included a US
$35M loss from fair value change of investments.
Net income attributable to Weibo's shareholders decreased to US
$34.7M in Q1 2026 from US
$107M last year, and non-GAAP operating margin compressed to 28% from 33% last year.
