Weibo (WB) Deferred Taxes (2018 - 2023)
Weibo (WB) posted quarterly Deferred Taxes of $26.4 million for Q4 2023, up 1315.96% year-over-year from $1.9 million in Q4 2022, and up 1315.96% quarter-over-quarter from -$2.2 million in Q4 2022.
Weibo (WB) Deferred Taxes (2018 - 2023) Analysis & Trends
Weibo's Deferred Taxes history runs 5 years deep, the most recent figure standing at $26.4 million for Q4 2023.
- In Q4 2023, Deferred Taxes rose 1315.96% year-over-year to $26.4 million; the TTM figure through Dec 2023 stood at $16.8 million (up 145.52% YoY), while the FY2025 annual figure was $55.9 million, up 215.19% from the prior year.
- Deferred Taxes for Q4 2023 stood at $26.4 million, up from -$2.2 million in the prior quarter.
- The five-year high for Deferred Taxes was $26.4 million in Q4 2023, with the low at -$27.4 million in Q4 2020.
- The 4-year median for Deferred Taxes is -$1.6 million (2020), against an average of -$1.9 million.
- The sharpest annual moves came in 2021 and 2023: Deferred Taxes tumbled 510.07% in 2021, then jumped 1315.96% in 2023.
- Weibo's Deferred Taxes stood at -$27.4 million in 2020, then jumped by 96.6% to -$932000.0 in 2021, then slumped by 133.26% to -$2.2 million in 2022, then surged by 1315.96% to $26.4 million in 2023.
- Business Quant data shows WB's Deferred Taxes at $26.4 million in Q4 2023, -$2.2 million in Q4 2022, and -$932000.0 in Q4 2021.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Deferred Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Alphabet | 4,179.34 Bn | 3,750.30 Bn | 73.85 Bn | 20.62 Bn |
| 2 | Meta Platforms | 1,534.00 Bn | 1,443.74 Bn | 49.47 Bn | 1.45 Bn |
| 3 | Taboola.com | 1,136.26 Bn | 1,136.12 Bn | 139.48 Mn | - |
| 4 | Baidu | 288.64 Bn | 284.15 Bn | 1.88 Mn | - |
| 5 | Spotify Technology | 103.10 Bn | 92.86 Bn | 1.75 Bn | 252.88 Mn |
| 6 | Joyy | 77.39 Bn | 76.50 Bn | 205.64 Mn | - |
| 7 | BILI Social International | 60.58 Bn | 60.58 Bn | 405,933.00 | - |
| 8 | Nebius | 49.24 Bn | 39.61 Bn | 295.20 Mn | -7.80 Mn |
| 9 | 30.20 Bn | 27.41 Bn | 734.60 Mn | - | |
| 10 | 1.87 Bn | -534.18 Mn | 473,257.88 Bn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2023 | 26.44 Mn |
| Dec 31, 2022 | -2.17 Mn |
| Dec 31, 2021 | -932,000.00 |
| Sep 30, 2021 | -6.49 Mn |
| Dec 31, 2020 | -27.41 Mn |
| Sep 30, 2020 | -1.06 Mn |
| Dec 31, 2018 | 22,000.00 |