Weibo Reports Q2 2026 Financial Results with Mixed Revenue Performance
Weibo Corporation (Nasdaq: WB; HKEX: 9898) reported its second-quarter financial results for the period ending June 30, 2026. The company noted solid user engagement and progress in AI integration across product systems. However, revenue growth was mixed with total net revenues rising by just 2% year-over-year to $453.8 million. Advertising and marketing revenue declined slightly at $381.0 million due to reduced demand from the handset and online gaming sectors, though Alibaba advertising saw a modest increase driven by foreign exchange benefits. Value-added services (VAS) revenues rose sharply by 19% year-over-year to $72.9 million, supported by one-off ticket sales for offline events and growth in membership services. Operating income was reported at $118.9 million with an operating margin of 26%, while non-GAAP net income per share reached $0.38. The company ended the quarter with 561 million monthly active users (MAUs) and 254 million average daily active users. Weibo's CEO, Gaofei Wang, highlighted progress in AI integration to enhance product offerings and monetization systems.
Tickers: $WB
Topics: Advertising Revenue Financial Performance Social Media