$WB Balance Sheet | Understand Stock

$WB

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Financial Statements

Income Statement Balance Sheet Cashflow Statement

Consolidated balance sheets

In millions of USD, except per-share amounts

	Q4 FY2025 As of Dec 31, 2025	Q4 FY2024 As of Dec 31, 2024	Q4 FY2023 As of Dec 31, 2023	Q4 FY2022 As of Dec 31, 2022	Q4 FY2021 As of Dec 31, 2021	Q4 FY2020 As of Dec 31, 2020	Q4 FY2019 As of Dec 31, 2019	Q4 FY2018 As of Dec 31, 2018	Q4 FY2017 As of Dec 31, 2017	Q4 FY2016 As of Dec 31, 2016	Q4 FY2015 As of Dec 31, 2015	Q4 FY2014 As of Dec 31, 2014
ASSETS
Current assets:
Cash and cash equivalents
Short-term investments
Accounts receivable, net allowances
SINA and other related parties
Other related parties
Total sINA and other related parties
Third parties
Total accounts receivable, net allowances
Accounts receivable due from third parties, net of allowances of US$42,650 and US$37,625 as of December 31, 2021 and 2022, respectively
Accounts receivable due from related parties
Accounts receivable, net of allowances for doubtful accounts
Third parties
Other related parties
Total third parties
Total accounts receivable, net of allowances for doubtful accounts
Prepaid expenses and other current assets (including loans to and interest receivable from other related parties of US$88,500 and US$105,658 as of December 31, 2024 and 2025, respectively)
Amount due from SINA (Note 9)
Amount due from SINA
Total current assets

Property and equipment, net
Operating lease assets
Intangible assets, net
Goodwill
Long-term investments
Other non-current assets (including loans to and interest receivable from other related parties of US$358,485 and US$438,470 as of December 31, 2024 and 2025, respectively)
Total assets
LIABILITIES, REDEEMABLE NON-CONTROLLING INTERESTS AND SHAREHOLDERS' EQUITY
Current liabilities (including amounts of the consolidated VIEs without recourse to the primary beneficiary of US$572,936 and US$614,913 as of December 31, 2024 and 2025, respectively) :
Accounts payable
Accrued liabilities due to third parties and employees
Accrued liabilities due to related parties (Note 10)
Accrued and other liabilities
Amount due to SINA
Due to related parties
Other related parties
Total due to related parties
Operating lease liabilities, short-term
Income taxes payable
Deferred revenues
Convertible debt
Unsecured senior notes
Total current liabilities

Long-term liabilities
Convertible senior notes
Long-term deferred revenues
Unsecured senior notes
Long-term loans
Deferred tax liabilities
Operating lease liabilities, long-term
Other non-current liabilities
Total long-term liabilities

Total liabilities
Redeemable non-controlling interests
Shareholders' equity:
Ordinary shares
Treasury stock (3,056 and nil shares as of December 31, 2022 and 2023, respectively)
Additional paid-in capital
Accumulated other comprehensive loss
Retained earnings
Total Weibo shareholders' equity
Non-controlling interests
Total shareholders' equity

Total liabilities, redeemable non-controlling interests and shareholders' equity

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