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WEBTOON Entertainment Inc. Common stock(WBTN)Earnings, Financials & Key Ratios
WBTN•NASDAQ
$13.05
$1.71B mkt cap·Price updated May 6, 2026
AboutWEBTOON Entertainment Inc. operates a storytelling platform worldwide. The company's platform allows a community of creators and users to discover, create, and share new content. Its platform offers stories primarily in two ways, including web-comics, a graphical comic-like medium; and web-novels, which are text-based stories. The company was founded in 2014 and is headquartered in Los Angeles, California. WEBTOON Entertainment Inc. operates as a subsidiary of NAVER Corporation.Show more
- Revenue$1.38B+2.5%
- EBITDA-$21M+67.0%
- Net Income-$405M-181.7%
- EPS (Diluted)-2.66-119.8%
- Gross Margin23.3%-7.3%
- EBITDA Margin-1.54%+67.9%
- Operating Margin-4.1%+45.1%
- Net Margin-29.32%-174.8%
- ROE-29.12%-193.8%
- ROIC-5.09%+27.6%
- Debt/Equity0.02+74.0%
- Interest Coverage-1012.41+54.8%
WBTN Key Insights
WEBTOON Entertainment Inc. Common stock (WBTN) fundamental analysis — strengths, weaknesses & financial health based on data analysis
✓Strengths
- ✓Company is almost debt free
- ✓Trading at only 1.4x book value
✗Weaknesses
- ✗Weak Piotroski F-Score: 3/9
- ✗Trading more than 30% below 52-week high
* These insights are generated automatically based on available financial data. Please conduct your own research before making investment decisions.
WBTN Price & Volume
WEBTOON Entertainment Inc. Common stock (WBTN) stock price & volume — 10-year historical chart
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WBTN Growth Metrics
WEBTOON Entertainment Inc. Common stock (WBTN) revenue, earnings & EPS growth — 3, 5 & 10-year CAGR
Revenue CAGR
10 Years-
5 Years-
3 Years8.61%
TTM2.54%
Profit CAGR
10 Years-
5 Years-
3 Years-
TTM-186.06%
EPS CAGR
10 Years-
5 Years-
3 Years-
TTM-134.47%
Return on Capital
10 Years-4.89%
5 Years-4.89%
3 Years-4.25%
Last Year-3.91%
WBTN Recent Earnings
WEBTOON Entertainment Inc. Common stock (WBTN) EPS & revenue vs analyst estimates — last 4 quarters
●Beat EPS 6/12 qtrs (86%)●Beat Revenue 1/12 qtrs (14%)
Q2 2026Latest
Mar 3, 2026EPS
$2.36
Est $0.11
-2045.5%
Revenue
$331M
Est $337M
-1.9%
Q4 2025
Nov 12, 2025EPS
$0.04
Est $0.05
+186.6%
Revenue
$378M
Est $385M
-1.7%
Q3 2025
Aug 12, 2025EPS
$0.07
Est $0.02
+250.0%
Revenue
$348M
Est $376M
-7.3%
Q2 2025
May 13, 2025EPS
$0.03
Est $0.02
+50.0%
Revenue
$459,000
Est $324M
-99.9%
| Quarter | Date | EPS (Act vs Est) | Revenue (Act vs Est) |
|---|---|---|---|
| Q2 2026Latest | Mar 3, 2026 | $2.36vs $0.11-2045.5% | $331Mvs $337M-1.9% |
| Q4 2025 | Nov 12, 2025 | $0.04vs $0.05+186.6% | $378Mvs $385M-1.7% |
| Q3 2025 | Aug 12, 2025 | $0.07vs $0.02+250.0% | $348Mvs $376M-7.3% |
| Q2 2025 | May 13, 2025 | $0.03vs $0.02+50.0% | $459,000vs $324M-99.9% |
Based on last 12 quarters of dataView full earnings history →
WBTN Peer Comparison
WEBTOON Entertainment Inc. Common stock (WBTN) competitors in Consumer social and creator platforms — business model, growth, and fundamentals comparison
| Company | Market Cap | Stock Price | P/E Ratio (TTM) | Revenue Growth 1Y | Net Margin | Return on Equity (ROE) | FCF Yield | Debt / Equity |
|---|---|---|---|---|---|---|---|---|
 FUBO | 306.57M | 10.43 | -43.46 | 67.74% | 5.72% | 16.25% | 0.25 | |
 CURI | 181.49M | 3.09 | -28.09 | 40.14% | -8.97% | -13.07% | 0.30 | |
 IZEA | 79.68M | 4.39 | 1908.70 | -12.94% | 0.14% | 0.09% | 0.00 | |
 TOON | 29.58M | 0.64 | -1.19 | -26.07% | -64.05% | -104.21% | 0.46 | |
 SPOT | 87.53B | 425.25 | 34.48 | 9.65% | 15.45% | 35.34% | 0.28 | |
 RBLX | 31.33B | 43.77 | -28.42 | 35.77% | -20.69% | -289.59% | 4.36 | |
 SNAP | 10.35B | 6.13 | -22.70 | 10.63% | -6.72% | -18.93% | 2.06 | |
 PINS | 14.07B | 21.17 | 34.70 | 15.79% | 7.64% | 7.76% | 0.06 |
Compare WBTN vs Peers
WEBTOON Entertainment Inc. Common stock (WBTN) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.
WBTN Income Statement
WEBTOON Entertainment Inc. Common stock (WBTN) annual income statement — 10-year revenue, gross profit & net income history
10Y historyFree accessUpdated daily
| Line item | Dec'22 | Dec'23 | Dec'24 | Dec'25 |
|---|---|---|---|---|
| Sales/Revenue | 1.08B | 1.28B | 1.35B | 1.38B |
| Revenue Growth % | - | 18.84% | 5.12% | 2.54% |
| Cost of Goods Sold | 806.38M | 987.26M | 1.01B | 1.06B |
| COGS % of Revenue | 74.71% | 76.96% | 74.86% | 76.7% |
| Gross Profit | 273.01M▲ 0% | 295.49M▲ 8.2% | 339.07M▲ 14.7% | 322.18M▼ 5.0% |
| Gross Margin % | 25.29% | 23.04% | 25.14% | 23.3% |
| Gross Profit Growth % | - | 8.23% | 14.75% | -4.98% |
| Operating Expenses | 387.73M | 331.85M | 439.77M | 378.88M |
| OpEx % of Revenue | 35.92% | 25.87% | 32.61% | 27.4% |
| Selling, General & Admin | 378.13M | 323.08M | 436.96M | 378.88M |
| SG&A % of Revenue | 35.03% | 25.19% | 32.4% | 27.4% |
| Research & Development | 0 | 0 | 0 | 0 |
| R&D % of Revenue | - | - | - | - |
| Other Operating Expenses | 9.6M | 8.76M | 2.81M | 0 |
| Operating Income | -114.72M▲ 0% | -36.36M▲ 68.3% | -100.7M▼ 177.0% | -56.7M▲ 43.7% |
| Operating Margin % | -10.63% | -2.83% | -7.47% | -4.1% |
| Operating Income Growth % | - | 68.31% | -176.97% | 43.7% |
| EBITDA | -79.98M | -499K | -64.53M | -21.26M |
| EBITDA Margin % | -7.41% | -0.04% | -4.78% | -1.54% |
| EBITDA Growth % | - | 99.38% | -12830.86% | 67.05% |
| D&A (Non-Cash Add-back) | 34.73M | 35.86M | 36.17M | 35.43M |
| EBIT | -117.31M | -132.67M | -149.26M | -56.7M |
| Net Interest Income | 322K | 2.93M | 15.78M | 19.11M |
| Interest Income | 1.17M | 3.01M | 15.82M | 19.17M |
| Interest Expense | 844K | 79K | 45K | 56K |
| Other Income/Expense | -3.44M | -96.39M | -48.61M | -332.71M |
| Pretax Income | -118.15M▲ 0% | -132.75M▼ 12.4% | -149.31M▼ 12.5% | -389.41M▼ 160.8% |
| Pretax Margin % | -10.95% | -10.35% | -11.07% | -28.16% |
| Income Tax | 14.37M | 12.01M | 3.6M | 16.02M |
| Effective Tax Rate % | -12.16% | -9.04% | -2.41% | -4.11% |
| Net Income | -129.87M▲ 0% | -116.45M▲ 10.3% | -143.91M▼ 23.6% | -405.43M▼ 181.7% |
| Net Margin % | -12.03% | -9.08% | -10.67% | -29.32% |
| Net Income Growth % | - | 10.33% | -23.57% | -181.74% |
| Net Income (Continuing) | -132.52M | -144.76M | -152.91M | -405.43M |
| Discontinued Operations | 0 | 0 | 0 | 0 |
| Minority Interest | 132.36M | 98.33M | 84.33M | 24.54M |
| EPS (Diluted) | -1.02▲ 0% | -0.91▲ 10.8% | -1.21▼ 33.0% | -2.66▼ 119.8% |
| EPS Growth % | - | 10.78% | -32.97% | -119.83% |
| EPS (Basic) | -1.02 | -0.91 | -1.21 | -2.66 |
| Diluted Shares Outstanding | 127.07M | 127.07M | 128.59M | 130.18M |
| Basic Shares Outstanding | 127.07M | 127.07M | 128.59M | 130.18M |
| Dividend Payout Ratio | - | - | - | - |
WBTN Balance Sheet
WEBTOON Entertainment Inc. Common stock (WBTN) balance sheet — assets, liabilities & shareholders' equity
| Line item | Dec'22 | Dec'23 | Dec'24 | Dec'25 |
|---|---|---|---|---|
| Total Current Assets | 555.44M | 492.83M | 836.37M | 831.23M |
| Cash & Short-Term Investments | 279.71M | 251.62M | 598.73M | 581.81M |
| Cash Only | 279.71M | 231.75M | 572.4M | 581.81M |
| Short-Term Investments | 0 | 19.88M | 26.33M | 0 |
| Accounts Receivable | 210.88M | 171.78M | 169.19M | 176.78M |
| Days Sales Outstanding | 71.31 | 48.88 | 45.79 | 46.67 |
| Inventory | 3.15M | 8.19M | 0 | 0 |
| Days Inventory Outstanding | 1.42 | 3.03 | - | - |
| Other Current Assets | 0 | 7.05M | 6.9M | 72.65M |
| Total Non-Current Assets | 1.47B | 1.28B | 1.1B | 764.28M |
| Property, Plant & Equipment | 75.51M | 41.16M | 20.43M | 32.04M |
| Fixed Asset Turnover | 14.29x | 31.16x | 66.00x | 43.15x |
| Goodwill | 884.05M | 779.18M | 665.27M | 336.82M |
| Intangible Assets | 253.82M | 219.5M | 180.91M | 157.8M |
| Long-Term Investments | 185.94M | 155.46M | 148.85M | 69.67M |
| Other Non-Current Assets | 36.34M | 64.44M | 65.91M | 145.63M |
| Total Assets | 2.02B▲ 0% | 1.78B▼ 12.1% | 1.94B▲ 8.9% | 1.6B▼ 17.6% |
| Asset Turnover | 0.53x | 0.72x | 0.70x | 0.87x |
| Asset Growth % | - | -12.07% | 8.93% | -17.56% |
| Total Current Liabilities | 336.21M | 316.07M | 313.22M | 318.62M |
| Accounts Payable | 153.33M | 127.43M | 127.31M | 136.96M |
| Days Payables Outstanding | 69.4 | 47.11 | 46.03 | 47.14 |
| Short-Term Debt | 11.19M | 4.25M | 0 | 9.62M |
| Deferred Revenue (Current) | 77.09M | 76.72M | 85.86M | 0 |
| Other Current Liabilities | 34.34M | 12.58M | 28.35M | 170.81M |
| Current Ratio | 1.65x | 1.56x | 2.67x | 2.61x |
| Quick Ratio | 1.64x | 1.53x | 2.67x | 2.61x |
| Cash Conversion Cycle | 3.33 | 4.79 | - | - |
| Total Non-Current Liabilities | 168.91M | 113.06M | 65.65M | 48.62M |
| Long-Term Debt | 0 | 0 | 0 | 14.05M |
| Capital Lease Obligations | 30.65M | 19.24M | 11.19M | 14.05M |
| Deferred Tax Liabilities | 84.27M | 61.13M | 30.27M | 5.75M |
| Other Non-Current Liabilities | 53.99M | 32.68M | 24.19M | 28.81M |
| Total Liabilities | 505.13M | 429.13M | 378.87M | 367.24M |
| Total Debt | 53.56M | 33.44M | 17.24M | 23.67M |
| Net Debt | -226.15M | -198.31M | -555.16M | -558.13M |
| Debt / Equity | 0.04x | 0.02x | 0.01x | 0.02x |
| Debt / EBITDA | - | - | - | - |
| Net Debt / EBITDA | - | - | - | - |
| Interest Coverage | -135.92x | -460.23x | -2237.76x | -1012.41x |
| Total Equity | 1.52B▲ 0% | 1.35B▼ 11.1% | 1.56B▲ 15.5% | 1.23B▼ 21.1% |
| Equity Growth % | - | -11.09% | 15.51% | -21.09% |
| Book Value per Share | 11.93 | 10.60 | 12.10 | 9.44 |
| Total Shareholders' Equity | 1.38B | 1.25B | 1.47B | 1.17B |
| Common Stock | 32K | 11K | 13K | 13K |
| Retained Earnings | -212.03M | -363.29M | -507.2M | -853.12M |
| Treasury Stock | 0 | 0 | 0 | 0 |
| Accumulated OCI | -36.67M | -54.82M | -124.62M | -114.36M |
| Minority Interest | 132.36M | 98.33M | 84.33M | 24.54M |
WBTN Cash Flow Statement
WEBTOON Entertainment Inc. Common stock (WBTN) cash flow — operating, investing & free cash flow history
| Line item | Dec'22 | Dec'23 | Dec'24 | Dec'25 |
|---|---|---|---|---|
| Cash from Operations | -140.61M | 14.8M | 17.88M | 11.22M |
| Operating CF Margin % | -13.03% | 1.15% | 1.33% | 0.81% |
| Operating CF Growth % | - | 110.53% | 20.8% | -37.28% |
| Net Income | -132.52M | -144.76M | -152.91M | -373.39M |
| Depreciation & Amortization | 34.73M | 35.86M | 40.07M | 35.43M |
| Stock-Based Compensation | 0 | 3.22M | 87.38M | 41.91M |
| Deferred Taxes | -7.14M | -15.57M | -24.54M | -28.96M |
| Other Non-Cash Items | 33.04M | 115.06M | 81.73M | 362.26M |
| Working Capital Changes | -68.72M | 20.99M | -13.85M | -26.03M |
| Change in Receivables | 41.76M | 30.92M | -24.06M | -873K |
| Change in Inventory | 0 | 0 | 0 | 0 |
| Change in Payables | -48.2M | -7.84M | 26.18M | 3.42M |
| Cash from Investing | -50.7M | -51.98M | -17.28M | -7.5M |
| Capital Expenditures | -2.7M | -10.2M | -2.4M | -7.62M |
| CapEx % of Revenue | 0.25% | 0.8% | 0.18% | 0.55% |
| Acquisitions | -14.67M | 2.65M | -3.44M | 0 |
| Investments | - | - | - | - |
| Other Investing | -20.89M | 52K | -914K | -35.62M |
| Cash from Financing | 350.34M | -6.5M | 353.87M | 1.47M |
| Debt Issued (Net) | -30.6M | -5.96M | -3.61M | 139K |
| Equity Issued (Net) | 1000K | 0 | 1000K | 1000K |
| Dividends Paid | 0 | 0 | 0 | 0 |
| Share Repurchases | 0 | 0 | 0 | 0 |
| Other Financing | -27.43M | -539K | 14.53M | 0 |
| Net Change in Cash | 138.62M▲ 0% | -47.96M▼ 134.6% | 340.66M▲ 810.2% | -16.92M▼ 105.0% |
| Free Cash Flow | -161.8M▲ 0% | -7.54M▲ 95.3% | 4.73M▲ 162.8% | 3.6M▼ 24.0% |
| FCF Margin % | -14.99% | -0.59% | 0.35% | 0.26% |
| FCF Growth % | - | 95.34% | 162.8% | -24.02% |
| FCF per Share | -1.27 | -0.06 | 0.04 | 0.03 |
| FCF Conversion (FCF/Net Income) | 1.08x | -0.13x | -0.12x | -0.03x |
| Interest Paid | 700K | 92K | 85K | 0 |
| Taxes Paid | 29.36M | 26.64M | 25.68M | 0 |
WBTN Key Ratios
WEBTOON Entertainment Inc. Common stock (WBTN) financial ratios — P/E, ROE, debt and 30+ core market and balance-sheet ratios
| Metric | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| Return on Equity (ROE) | -8.57% | -8.14% | -9.91% | -29.12% |
| Return on Invested Capital (ROIC) | -6.67% | -2.24% | -7.02% | -5.09% |
| Gross Margin | 25.29% | 23.04% | 25.14% | 23.3% |
| Net Margin | -12.03% | -9.08% | -10.67% | -29.32% |
| Debt / Equity | 0.04x | 0.02x | 0.01x | 0.02x |
| Interest Coverage | -135.92x | -460.23x | -2237.76x | -1012.41x |
| FCF Conversion | 1.08x | -0.13x | -0.12x | -0.03x |
| Revenue Growth | - | 18.84% | 5.12% | 2.54% |
WBTN SEC Filings & Documents
WEBTOON Entertainment Inc. Common stock (WBTN) SEC filings — annual & quarterly reports (10-K, 10-Q)
WBTN Frequently Asked Questions
WEBTOON Entertainment Inc. Common stock (WBTN) stock FAQ — growth, dividends, profitability & financials explained
Growth & Financials
WEBTOON Entertainment Inc. Common stock (WBTN) reported $1.38B in revenue for fiscal year 2025. This represents a 28% increase from $1.08B in 2022.
WEBTOON Entertainment Inc. Common stock (WBTN) grew revenue by 2.5% over the past year. Growth has been modest.
WEBTOON Entertainment Inc. Common stock (WBTN) reported a net loss of $411.7M for fiscal year 2025.
Dividend & Returns
WEBTOON Entertainment Inc. Common stock (WBTN) has a return on equity (ROE) of -29.1%. Negative ROE indicates the company is unprofitable.
WEBTOON Entertainment Inc. Common stock (WBTN) generated $3.6M in free cash flow for fiscal year 2025. Positive FCF indicates the company can fund dividends, buybacks, or reinvestment.
Explore More WBTN
WEBTOON Entertainment Inc. Common stock (WBTN) financial analysis — history, returns, DCA and operating performance tools
Total Return Calculator
Historical returns with dividends reinvested
DCA Calculator
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Dividend History
Yield, growth, payout safety & DRIP
Earnings History
EPS trends, net income & profitability
Price History
Long-term charts & historical price data
Revenue History
Sales growth patterns & revenue breakdown
Financial Ratios
30 years of market, efficiency and balance-sheet ratios
Valuation
DCF intrinsic value, peer multiples & estimates