微博 Weibo Corporation（WB）2025年第三季度财务业绩报告「NASDAQ」（英文版）（5页）.pdf

1、Weibo Announces Third Quarter 2025 Unaudited Financial Results11/18/25BEIJING,Nov.18,2025/PRNewswire/-Weibo Corporation(Weibo or the Company)(Nasdaq:WB and HKEX:9898),a leading social media in China,today announced itsunaudited financial results for the third quarter ended September 30,2025.We are p

2、leased with our progress made in our intelligent search front,said Gaofei Wang,CEO of Weibo.On the user product front,we have completed homepage informationfeeds product revamp,with recommendation feed as the main product interface to enhance users content consumption scale and efficiency.On the AI

3、technology applicationfront,the user scale and search queries of Weibo intelligent search continued to grow robustly in the third quarter,which fulfilled and drove users search demand on the platform.On the monetization front,we further solidified our advantage in content marketing and enhanced the

4、conversion of our promoted feed ad.On the advertising technology front,wecontinuously strengthened the application of AI technology across the entire advertising process to enhance monetization efficiency.Third Quarter 2025 Highlights Net revenues were US$442.3 million,a decrease of 5%year-over-year

5、 or a decrease of 4%year-over-year on a constant currency basis 1.Advertising and marketing revenues were US$375.4 million,a decrease of 6%year-over-year or a decrease of 5%year-over-year on a constantcurrency basis 1.Value-added services(VAS)revenues were US$66.9 million,an increase of 2%year-over-

6、year or an increase of 2%year-over-year on a constantcurrency basis 1.Income from operations was US$117.3 million,representing an operating margin of 27%.Net income attributable to Weibos shareholders was US$221.1 million and diluted net income per share was US$0.83.Non-GAAP income from operations w