The financials
WEBTOON Entertainment Inc. by the numbers
WEBTOON Entertainment Inc. (WBTN) reported revenue of $321M in Q1 2026 (quarter ended Mar 31, 2026), down 1.5% from the same quarter a year earlier. That came with a gross margin of 26% and net loss of $9.5M. For the full year FY2025, revenue was $1.38B (+2.5% year on year) and net income −$346M. Its largest product in Jun 2026 was Paid Content at $264M, 78% of the disclosed total, well ahead of Advertising at 14%.
| Income statement | Q1 2026 | Q1 2025 | Change |
|---|---|---|---|
| Revenue | $321M | $326M | −1.5% |
| Gross profit | $83M | $72M | +16% |
| Operating income | −$8.0M | −$27M | n/a |
| Net income | −$9.5M | −$22M | n/a |
| Diluted EPS | −$0.07 | −$0.17 | n/a |
| Product | Revenue | Share |
|---|---|---|
| Paid Content | $264M | 78% |
| Advertising | $47M | 14% |
| IP Adaptations | $27M | 8.1% |
Business Segments
Revenue split by product segment, from SEC XBRL filings.
Latest period: Jun 2026Total $338.5M (+5.5%)
Advertising grew +4.2% year on yearPaid Content -4.0% year on year
Segment Latestquarter on quarteryear on year
- Paid Content$263.9M$263.9MQoQ +0.96%year on year -4.0%+0.96%-4.0%
- Advertising$47.1M$47.1MQoQ +19%year on year +4.2%+19%+4.2%
- IP Adaptations$27.4M$27.4MQoQ +39%year on year -2.6%+39%-2.6%
Internet Content & Information
Ranks #22 of 22 by Smart Score