Key Points – Weibo’s Q1 revenue rose 6% year over year to $421.3 million, driven by a 9% increase in advertising revenue as internet services, autos and local services fueled growth.
Non-GAAP operating income was $119.8 million, but the operating margin narrowed to 28% from 33% a year ago. – AI and video are becoming central to the platform’s strategy
Management said AI is already helping with ad generation, search and creator tools, while video engagement continued to grow at double-digit rates and remains a key priority for boosting retention and time spent. – Costs rose as Weibo invested in growth initiatives, with total expenses up 13% and value-added services revenue falling 11% due to lower game-related revenue. Management also flagged macro uncertainty and industry competition as ongoing risks, even as the company maintained a strong cash position of $2.59 billion. – Netflix’s Pivot to Profit: The New Discretionary Blue Chip Weibo (NASDAQ:WB) reported higher first-quarter 2026 revenue as advertising returned to year-over-year growth, while management said the company is focusing on user retention, video consumption, artificial intelligence tools and content marketing to support longer-term growth. Chief Executive Officer Gaofei Wang said March monthly active users reached 562 million and average daily active users reached 254 million.
Monthly active users declined modestly both year over year and quarter over quarter, which Wang attributed primarily to Weibo’s decision to rationalize channel budget allocation and focus more on converting newly acquired users into active users. Daily active users increased modestly from the prior quarter, supported by retention among core users and growth in video content consumption, he said. – Warner Bros. Discovery’s Blockbuster Deal Faces a Hostile Rewrite First-quarter net revenue totaled $421.3 million, up 6% from a year earlier, or 1% on a constant-currency basis.