Weibo Corporation (WB)

Weibo Income Statement

Financials in millions USD. Fiscal year is January - December.

Year Ending	TTM	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Revenue	1,742	1,760	1,836	2,257	1,690	1,767
Revenue Growth (YoY)	-1.36%	-4.17%	-18.64%	33.56%	-4.36%	2.82%
Cost of Revenue	375.25	374.28	400.59	403.84	302.18	328.83
Gross Profit	1,366	1,386	1,436	1,853	1,388	1,438
Selling, General & Admin	566.45	579	529.91	725.16	556.84	556.06
Research & Development	323.68	333.63	415.19	430.67	324.11	284.44
Other Operating Expenses	0	0	10.18	0	0	0
Operating Expenses	890.13	912.62	955.28	1,156	880.95	840.5
Operating Income	476.18	472.93	480.47	697.41	506.8	597.58
Interest Expense / Income	10.04	120.07	71.6	71.01	57.43	29.9
Other Expense / Income	26.12	-135.02	293.04	59.25	74.69	-36.55
Pretax Income	440.02	487.89	115.83	567.16	374.68	604.24
Income Tax	148.48	145.29	30.28	138.84	61.32	109.56
Net Income	291.54	342.6	85.56	428.32	313.36	494.68
Net Income Growth	14.98%	300.44%	-80.03%	36.68%	-36.65%	-13.49%
Shares Outstanding (Basic)	237	236	235	229	227	225
Shares Outstanding (Diluted)	264	240	236	230	228	226
Shares Change	11.29%	1.51%	2.69%	1.13%	0.54%	-2.70%
EPS (Basic)	1.24	1.45	0.36	1.87	1.38	2.19
EPS (Diluted)	1.19	1.43	0.36	1.86	1.38	2.18
EPS Growth	11.21%	297.22%	-80.65%	34.78%	-36.70%	-13.49%
Free Cash Flow	-	636.51	521.24	779.31	706.91	610.03
Free Cash Flow Per Share	-	2.70	2.22	3.41	3.12	2.71
Dividend Per Share	0.850	0.850	-	-	-	-
Gross Margin	78.45%	78.73%	78.19%	82.11%	82.12%	81.39%
Operating Margin	27.34%	26.87%	26.16%	30.90%	29.99%	33.82%
Profit Margin	16.74%	19.47%	4.66%	18.98%	18.54%	28.00%
Free Cash Flow Margin	-	36.17%	28.38%	34.53%	41.83%	34.53%
Effective Tax Rate	33.74%	29.78%	26.14%	24.48%	16.36%	18.13%
EBITDA	-	680.26	253.59	699.4	468.19	663.7
EBITDA Margin	-	38.65%	13.81%	30.99%	27.70%	37.56%
Depreciation & Amortization	-	72.3	66.16	61.23	36.08	29.57
EBIT	450.06	607.96	187.43	638.17	432.11	634.14
EBIT Margin	25.84%	34.55%	10.21%	28.27%	25.57%	35.89%

Source: Financials are provided by Nasdaq Data Link and sourced from the audited annual (10-K) and quarterly (10-Q) reports submitted to the Securities and Exchange Commission (SEC).