The financials
WEBTOON Entertainment Inc. by the numbers
WEBTOON Entertainment Inc. (WBTN) reported revenue of $321M in Q1 2026 (quarter ended March 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 2026-Q1 was Paid Content at $261M, 81% of the disclosed total, just ahead of Advertising at 12%.
| 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 | $261M | 81% |
| Advertising | $40M | 12% |
| IP Adaptations | $20M | 6.2% |
Business Segments
Revenue split by product segment, from SEC XBRL filings.
Latest period: Q1 2026Total $320.9M (-15%)
Paid Content grew +0.47% year on yearIP Adaptations -23% year on year
Segment Latestquarter on quarteryear on year
- Paid Content$261.4M$261.4MQoQ -8.8%year on year +0.47%-8.8%+0.47%
- Advertising$39.7M$39.7MQoQ +0.80%year on year -0.54%+0.80%-0.54%
- IP Adaptations$19.8M$19.8MQoQ -62%year on year -23%-62%-23%
Internet Content & Information
Ranks #18 of 24 by Smart Score