Weibo Corp
NASDAQ:WB
Income Statement
Earnings Waterfall
Weibo Corp
Revenue
|
2.2B
USD
|
Cost of Revenue
|
-362.6m
USD
|
Gross Profit
|
1.8B
USD
|
Operating Expenses
|
-1.1B
USD
|
Operating Income
|
696.5m
USD
|
Other Expenses
|
-354.9m
USD
|
Net Income
|
341.6m
USD
|
Income Statement
Weibo Corp
Jun-2019 | Sep-2019 | Dec-2019 | Mar-2020 | Jun-2020 | Sep-2020 | Dec-2020 | Mar-2021 | Jun-2021 | Sep-2021 | ||
---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | |||||||||||
Revenue |
1 773
N/A
|
1 781
+0%
|
1 767
-1%
|
1 691
-4%
|
1 647
-3%
|
1 645
0%
|
1 690
+3%
|
1 825
+8%
|
2 013
+10%
|
2 154
+7%
|
|
Gross Profit | |||||||||||
Cost of Revenue |
(318)
|
(321)
|
(329)
|
(320)
|
(302)
|
(305)
|
(302)
|
(308)
|
(337)
|
(363)
|
|
Gross Profit |
1 455
N/A
|
1 459
+0%
|
1 438
-1%
|
1 371
-5%
|
1 345
-2%
|
1 339
0%
|
1 388
+4%
|
1 518
+9%
|
1 676
+10%
|
1 792
+7%
|
|
Operating Income | |||||||||||
Operating Expenses |
(825)
|
(830)
|
(841)
|
(838)
|
(858)
|
(863)
|
(881)
|
(960)
|
(1 031)
|
(1 095)
|
|
Selling, General & Administrative |
(556)
|
(558)
|
(556)
|
(549)
|
(563)
|
(554)
|
(557)
|
(614)
|
(660)
|
(688)
|
|
Research & Development |
(269)
|
(272)
|
(284)
|
(289)
|
(295)
|
(309)
|
(324)
|
(346)
|
(372)
|
(407)
|
|
Operating Income |
630
N/A
|
630
0%
|
598
-5%
|
533
-11%
|
487
-8%
|
476
-2%
|
507
+6%
|
557
+10%
|
644
+16%
|
697
+8%
|
|
Pre-Tax Income | |||||||||||
Interest Income Expense |
91
|
84
|
255
|
257
|
254
|
256
|
76
|
77
|
73
|
66
|
|
Non-Reccuring Items |
(36)
|
(56)
|
(250)
|
(291)
|
(131)
|
(236)
|
(212)
|
(267)
|
(461)
|
(357)
|
|
Total Other Income |
0
|
0
|
0
|
0
|
0
|
0
|
5
|
5
|
5
|
5
|
|
Pre-Tax Income |
685
N/A
|
658
-4%
|
602
-8%
|
499
-17%
|
610
+22%
|
496
-19%
|
376
-24%
|
372
-1%
|
261
-30%
|
411
+57%
|
|
Net Income | |||||||||||
Tax Provision |
(100)
|
(93)
|
(110)
|
(104)
|
(119)
|
(118)
|
(61)
|
(60)
|
(67)
|
(68)
|
|
Income from Continuing Operations |
585
|
565
|
493
|
394
|
491
|
378
|
315
|
311
|
195
|
343
|
|
Income to Minority Interest |
0
|
2
|
2
|
2
|
1
|
1
|
(1)
|
(0)
|
(1)
|
(1)
|
|
Net Income (Common) |
585
N/A
|
566
-3%
|
495
-13%
|
396
-20%
|
492
+24%
|
379
-23%
|
313
-17%
|
311
-1%
|
194
-38%
|
342
+76%
|
|
EPS (Diluted) |
2.59
N/A
|
2.43
-6%
|
2.19
-10%
|
1.75
-20%
|
2.1
+20%
|
1.67
-20%
|
1.37
-18%
|
1.36
-1%
|
0.84
-38%
|
1.44
+71%
|