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May 11, 2026·SEC
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WEBTOON Entertainment Inc. Common stock(WBTN)Earnings, Financials & Key Ratios
WBTN•NASDAQ
$11.04
Price updated Jun 25, 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-$29M+55.6%
- Net Income-$346M-140.4%
- EPS (Diluted)-2.66-119.8%
- Gross Margin23.3%-7.3%
- EBITDA Margin-2.07%+56.6%
- Operating Margin-4.64%+37.9%
- Net Margin-25.02%-134.4%
- ROE-24.84%-150.7%
WBTN Price & Volume
WEBTOON Entertainment Inc. Common stock (WBTN) stock price & volume — 10-year historical chart
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Structural Margin Constraints Impede Scalable Growth Trajectory
Investment Thesis • Updated 2026Q1
VerdictNegative
Growth:Decelerating
Profitability:Negative
Financial Position:Healthy
Cash Flow:Burning
Primary Risk:Structural margin ceiling
"WEBTOON Entertainment faces significant headwinds as revenue growth has decelerated to 2.54% year-over-year, suggesting market saturation or ineffective monetization of its creator-led platform. The company's reliance on a high-variable cost structure, evidenced by a 23.3% gross margin, creates a structural ceiling on profitability that is further obscured by volatile stock-based compensation. While the firm maintains a healthy balance sheet with $594.9 million in cash, the persistent accumulation of an $862.6 million deficit in retained earnings warrants extreme caution regarding long-term equity value."
Verdict Logic
the company's inability to achieve consistent profitability, highlighted by a -2.9% net margin in 2026Q1, suggests that the current business model lacks the necessary scale to overcome its structural cost burdens.
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%
TTM2.26%
Profit CAGR
10 Years-
5 Years-
3 Years-
TTM-92.96%
EPS CAGR
10 Years-
5 Years-
3 Years-
TTM-89.06%
Return on Capital
10 Years-5.02%
5 Years-5.02%
3 Years-4.42%
Last Year-4.42%
WBTN Recent Earnings
WEBTOON Entertainment Inc. Common stock (WBTN) EPS & revenue vs analyst estimates — last 4 quarters
●Beat EPS 7/12 qtrs (88%)●Beat Revenue 1/12 qtrs (13%)
Q2 2026Latest
May 11, 2026Metric
Actual
Est
EPS
$0.01+120.0%
$0.05
Rev
$321M-0.2%
$322M
Q2 2026
Mar 3, 2026Metric
Actual
Est
EPS
$2.36-2045.5%
$0.11
Rev
$331M-1.9%
$337M
Q4 2025
Nov 12, 2025Metric
Actual
Est
EPS
$0.04+186.6%
$0.05
Rev
$378M-1.7%
$385M
Q3 2025
Aug 12, 2025Metric
Actual
Est
EPS
$0.07+250.0%
$0.02
Rev
$348M-7.3%
$376M
| Quarter | Date | EPS (Act vs Est) | Revenue (Act vs Est) |
|---|---|---|---|
| Q2 2026Latest | May 11, 2026 | $0.01vs $0.05+120.0% | $321Mvs $322M-0.2% |
| Q2 2026 | 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% |
Based on last 12 quarters of dataView full earnings history →
Peers Comparison
Key metrics vs top competitors for WEBTOON Entertainment Inc. Common stock (WBTN)
| Company | Price | Market Cap | P/E Ratio | Rev Growth (1Y) | Net Margin | ROE | Div Yield |
|---|---|---|---|---|---|---|---|
| $11.04 | $1.49B | -4.15 | 2.54% | -25.02% | -24.84% | — | |
| $8.09 | $238.13M | -33.71 | 67.74% | -0.9% | -2.29% | — | |
| $2.44 | $144.66M | -22.18 | 40.14% | -11.26% | -18.46% | — | |
| $3.41 | $59.72M | 1482.61 | -12.94% | -1.99% | -1.21% | — | |
| $0.74 | $46.43M | -1.51 | 20.75% | -219.05% | -93.91% | — | |
| $441.21 | $90.82B | 36.95 | 9.65% | 15.45% | 35.34% | — |
Compare WBTN vs Peers
WEBTOON Entertainment Inc. Common stock (WBTN) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.
WBTN SEC Filings & Documents
WEBTOON Entertainment Inc. Common stock (WBTN) SEC filings — annual & quarterly reports (10-K, 10-Q)
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WBTN Frequently Asked Questions
WEBTOON Entertainment Inc. Common stock (WBTN) stock FAQ — growth, dividends, profitability & financials explained
Growth & Financials
What is WEBTOON Entertainment Inc. Common stock's revenue?
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.
How fast is WEBTOON Entertainment Inc. Common stock growing?
WEBTOON Entertainment Inc. Common stock (WBTN) grew revenue by 2.5% over the past year. Growth has been modest.
Is WBTN profitable?
WEBTOON Entertainment Inc. Common stock (WBTN) reported a net loss of $333.0M for fiscal year 2025.
Dividend & Returns
What is WBTN's return on equity?
WEBTOON Entertainment Inc. Common stock (WBTN) has a return on equity (ROE) of -24.8%. Negative ROE indicates the company is unprofitable.
What is WEBTOON Entertainment Inc. Common stock's free cash flow?
WEBTOON Entertainment Inc. Common stock (WBTN) generated $7.8M in free cash flow for fiscal year 2025. Positive FCF indicates the company can fund dividends, buybacks, or reinvestment.