WEBTOON Entertainment Inc. Common stock

WBTN

$10.16

-0.38%

2026-09-03 14:07:24 EDT-$0.04

Communication Services

Internet Content & Information

NASDAQ

Active Trading

WEBTOON Entertainment Inc. manages a global digital platform dedicated to narratives. This platform cultivates an active community, empowering both content creators and ...

Price Action of WBTN

$10.16

-0.38%-$0.04

High—

Low—

52W High-54.8%

Rel. vol—

Interval

Range6.5h

Volume—SMA5SMA10

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WEBTOON Entertainment Inc. is a digital entertainment and content-platform company focused on serialized storytelling. Its core products are webcomics, which use a mobile-friendly vertical-scroll format, and web novels, which provide text-based serialized fiction. Through its platforms and regional services, the company gives creators tools to publish, distribute, and monetize original ...WEBTOON Entertainment Inc. is a digital entertainment and content-platform company focused on serialized storytelling. Its core products are webcomics, which use a mobile-friendly vertical-scroll format, and web novels, which provide text-based serialized fiction. Through its platforms and regional services, the company gives creators tools to publish, distribute, and monetize original stories while giving readers access to a broad catalog of free and paid content. Its principal markets include South Korea, Japan, the United States, and other international regions. The business is designed around a two-sided platform model. Creators supply original intellectual property and attract audiences, while readers generate engagement, subscriptions, advertising impressions, and purchases of premium episodes or other digital content. The company can also extend successful stories into other forms of entertainment, including print publications, animation, film, television, games, merchandise, and licensing. This intellectual-property strategy gives WEBTOON the potential to earn revenue beyond the initial digital publication of a story and supports cooperation with studios, publishers, advertisers, and other media partners. WEBTOON was founded in 2005 by Junkoo Kim, who began the service while working as a search engineer at NAVER. Kim has served as the company’s chief executive officer since September 2016 and remains a key figure in its product strategy and international expansion. WEBTOON Entertainment is headquartered at 5700 Wilshire Boulevard in Los Angeles, California, and is majority-owned by NAVER Corporation, one of South Korea’s leading internet companies. The company completed its initial public offering on June 27, 2024, and its common stock trades on the Nasdaq Global Select Market under WBTN. The supplied data indicates approximately 1,800 full-time employees, placing the company in the 1,001-2,000 employee category. Its asset-light platform model generally requires less physical inventory and capital expenditure than traditional media businesses, although costs include content acquisition and creator payments, platform operations, technology, marketing, employee compensation, infrastructure, and investments in intellectual-property development. The company reported trailing-twelve-month revenue per share of approximately $10.31 and a gross margin of about 24.2% in the supplied data, but it also reported negative operating and net profit margins. The reported current ratio of approximately 2.72 and low debt-to-equity ratio suggest substantial short-term liquidity and limited balance-sheet leverage, while negative profitability metrics highlight the importance of improving monetization, operating efficiency, audience growth, and the returns generated from content investments. Key long-term opportunities include international expansion, higher paid-content conversion, advertising growth, creator ecosystem development, and successful adaptation of web stories into broader entertainment franchises.ExpandCollapse

Founded

2005

Employees

1800

CEO

Junkoo Kim

Full Name

WEBTOON Entertainment Inc. Common stock

Sector

Communication Services

Industry

Internet Content & Information

ROE

-27.51%

Market Cap

$1.37B

Current Ratio

2.63

WACC

16.42%

ROIC

-35.89%

Contact Information

https://www.webtoons.com

213 347 4841

5700 Wilshire Blvd, Los Angeles, CA 90036

Key Metrics of WBTN

Snapshot

Latest / TTM · 5 periods

Market Cap

$1.37B

ROCE

-4.1%

EV / EBITDA

-2.36x

+0.9% YoY

FCF Yield

-0.3%

+0.1% YoY

Cash Conversion Cycle

3.8d

Current Ratio

2.63

Quick take

TTM —

Positive CCC

Financial Highlights of WBTN

Profitability trend

Latest / TTM · 5 periods

Gross Margin

24.4%

Net Margin

-25.1%

P/E Ratio

-3.86x

n/a

Debt / Equity

0.02

n/a

Current Ratio

2.63

Dividend Yield

0.0%

Understanding

TTM —

Interest coverage is weak

Calendar of WBTN

Upcoming

Sep 30, 2026In 26 days
Q3 FY2026 · Estimated results
Est. EPS $-0.09 · Revenue $365.76M · 2 analysts
Dec 30, 2026
Q4 FY2026 · Estimated results
Est. EPS $-0.07 · Revenue $351.06M · 2 analysts
Dec 31, 2026
FY2026 · Estimated annual results
Est. EPS $-0.28 · Revenue $1.38B · 3 analysts
Mar 30, 2027
Q1 FY2027 · Estimated results
Est. EPS $-0.01 · Revenue $338.04M · 1 analysts

Recent history

Aug 10, 2026
Q2 FY2026 · Results reported
EPS $-0.11 · Revenue $338.46M
View filing
May 11, 2026
Q1 FY2026 · Results reported
EPS $-0.07 · Revenue $320.87M
View filing
Mar 5, 2026
FY2025 · Annual results
EPS $-2.66 · Revenue $1.38B
View filing
Nov 13, 2025
Q3 FY2025 · Results reported
EPS $-0.09 · Revenue $378.04M
View filing
Aug 13, 2025
Q2 FY2025 · Results reported
EPS $-0.03 · Revenue $348.27M
View filing
May 14, 2025
Q1 FY2025 · Results reported
EPS $-0.17 · Revenue $325.71M
View filing

Financial Statements of WBTN

5Y Trend (Revenue, Earnings, FCF)

Metric	Latest	YoYYoY means Year-over-Year. It compares the latest annual value with the previous annual value to show long-term trend strength.	QoQQoQ means Quarter-over-Quarter. It compares the latest quarter with the immediately previous quarter to show short-term momentum changes.
RevenueThe total money that came through the front door from selling things, before paying a single bill. Think of it as the grand total of every credit card swipe from customers. (YoY compares this year to last year's performance, while QoQ compares the current three months to the previous three).	$1.4B	+2.5%	+5.5%
Net IncomeThe absolute bottom line. If the company paid every single supplier, employee, banker, and tax collector, this is the actual money left in their pocket at the end of the day.	$-345.9M	-140.4%	-61.3%
Gross MarginThe basic markup. If they sell a $100 pair of sneakers, this percentage tells you how much of that price tag is profit right after paying for the rubber and shoelaces, but before paying for things like store rent or TV commercials.	+23.3%	-7.3%	+0.6%
Operating MarginThe 'day job' efficiency score. Out of every dollar a customer spends, this shows how many cents the company keeps after making the product AND paying for all the everyday corporate overhead (like salaries, marketing, and keeping the lights on).	-4.6%	+37.9%	-83.8%
Net MarginThe final take-home percentage. When you strip away every conceivable cost, tax, and interest payment, this is the exact number of cents the company truly gets to keep from every dollar in sales.	-25.0%	-134.4%	-52.9%
Free Cash FlowThe holy grail of corporate cash. It's the spendable, physical money left over after the business pays for its daily operations AND buys the big, expensive upgrades (like new factories or servers) it needs to survive. This is the 'free' money they can use to pay dividends or buy back stock.	$-6.7M	-241.4%	+47.5%
FCF MarginThe ultimate cash conversion rate. It shows how good the company is at turning regular sales directly into cold, hard, spendable cash. A high percentage means the business is an absolute cash-printing machine.	-0.5%	-237.9%	+50.3%
Debt / EquityThe financial risk gauge. It compares how much of the company's empire was built using borrowed money (loans) versus the owners' own money (shareholders). A high number means they are heavily leveraged and playing a riskier game; a low number means they are playing it safe.	2.0%	+72.7%	+12.5%
Current RatioThe 12-month survival check. It simply compares the cash they have right now (plus things they can quickly turn into cash) against the immediate bills they absolutely must pay this year. A score above 1 means they have enough in the wallet to cover the upcoming bills without panicking.	2.61x	-2.3%	-3.2%
Total AssetsThe absolute size of the company's empire. It bundles together absolutely everything of value they own—from the cash in the register and the inventory in the warehouse, to the software patents in the vault and the factories on the ground.	$1.6B	-17.6%	-0.2%

Actual vs Estimate

A Dec 31Q Sep 30

Metric	Annual (A vs E)	Annual Surprise	Quarter (A vs E)	Quarter Surprise
EPS Surprise	-2.66 vs -0.45	-493.7%	-0.11 vs -0.09	-27.9%
Revenue Surprise	$1.4B vs $1.4B	-0.8%	$338.5M vs $365.8M	-7.5%

Insider Transactions of WBTN

Acquisitions (A)

Since Apr 10, 2026

Disposals (D)

Since Apr 10, 2026

Monthly shares of acquisitions/disposals with close price trend (shared daily price source)

Insider Trading Snapshot

Date	Executive	Title	Security	Side	Shares	Price
Aug 1, 2026	Lee David J.	director, officer: See Remarks	Common Stock	D	2,954	$9.12
Jul 12, 2026	Lee David J.	director, officer: See Remarks	Common Stock	D	9,463	$11.54
May 28, 2026	Kim Yongsoo	director, officer: See Remarks	Common Stock	D	12,053	$11.98
May 1, 2026	Lee David J.	director, officer: See Remarks	Common Stock	D	3,018	$13.24
Apr 26, 2026	Kim Yongsoo	director, officer: See Remarks	Common Stock	D	6,178	$11.13

Earnings Call Transcript of WBTN

1 transcript segments

Q2 2026

Unknown Speaker

Operator: Thank you for standing by. My name is John, and I will be your conference operator today. At this time, I would like to welcome everyone to the Webtoon Entertainment Second Quarter 26 Earnings Call. All lines have been placed on mute to prevent any background noise. After the speakers' remarks, there will be a question and answer session. I would now like to turn the call over to Soohwan Kim, Vice President of Investor Relations. Mr. Kim, please go ahead. David J. Lee: Good afternoon, and thank you for joining us. As a reminder, our remarks today will include forward-looking statements, including those regarding our future plans, objectives, expected performance and our guidance for the next quarter. Actual results may vary materially from stated statements. Information concerning risks, uncertainties, and other factors that could cause results to differ, including our SEC filings, including those given the risk factors section of our filings with the SEC. These forward-looking statements represent our outlook only as of the date of this call. Undertake no obligation to revise or update any forward-looking statements. Additionally, the matters we will discuss today will include both GAAP and non GAAP financial measures. Reconciliations of any non GAAP financial measures to the most directly comparable GAAP measures are set forth in our earnings press release. Non GAAP financial measures should be considered in addition to and not as a substitute for GAAP measures. Junkoo Kim: Joining me today on the call are Junkoo Kim, founder and CEO Yongsoo Kim, president, and David J. Lee, CFO. With that, I will now turn the call over to our founder and CEO, Junkoo Kim. Thank you everyone for joining us today. I will begin by providing a brief overview of the quarter and I will also share more detail on a few strategic investments we announced today. David will then walk us through our financial results in more detail. As always, I encourage you to read our shareholder letter which is available on our Investor Relations website. We delivered another solid quarter with revenue of $339 million and adjusted EBITDA of $5.5 million reflecting continued execution across the business and I am proud of the progress we are making. This quarter, we are introducing a new strategic direction that we believe will power our flywheel into the future. This includes further investment in AI powered initiatives that strengthen and expand our core on platform business. Which I will share in more detail. We are also scaling our off platform IP adaptation business to create greater franchise value and bring more fans back to our global platform. We also will share more on this in a moment. Turning to AI. This call, we took meaningful steps to further integrate AI across our platform with features designed to strengthen our flywheel by expanding audience reach, deepening engagement, and creating new opportunities for creators. Fandoms are built on connection and shared …

Leadership Team of WBTN

12 executives

Name	Title	Compensation	Gender	Year Born	Status
Junkoo Kim	Founder, Chief Executive Officer & Chairman of the Board	USD 935,582	Male	1978	Active
David J. Lee	President of Wattpad, Global CFO, COO & Director	USD 791,350	Male	1972	Active
Yongsoo Kim	President & Director	USD 452,408	Male	1986	Active
Chankyu Park	Chief Technology Officer	USD 316,174	Male	1975	Active
Hyeeun Son	Chief Design Officer	USD 219,708	Female	1978	Active
Kyuho Roh	Head of Global Ads	—	Male	—	Active
Masamine Takahashi	Chief Executive Officer of LINE Digital Frontier	—	Male	—	Active
Maximilian Jo	General Counsel & Corporate Secretary	—	—	—	Active
Yuki Chae	Chief Product Officer	—	Male	1987	Active
Hyojung Kim	Chief Product Officer	—	Female	1976	Active
Lauren Hopkinson	Director of Investor Relations	—	Female	—	Active
Daesik Kim	Head of AI&Data	—	Male	—	Active

Recent News of WBTN

GuruFocus8/17/2026Neutral

Did WEBTOON Entertainment Inc. Insiders Breach their Fiduciary Duties to Shareholders?

Did WEBTOON Entertainment Inc. Insiders Breach their Fiduciary Duties to Shareholders? PR Newswire NEW YORK, Aug.

PRNewsWire8/17/2026Neutral

Did WEBTOON Entertainment Inc. Insiders Breach their Fiduciary Duties to Shareholders?

Shareholders are encouraged to contact the firm to discuss their rights and options at no cost or obligation. We would handle any matter on a contingent fee basis, whereby you would not be responsible for out-of-pocket payment of our legal fees or expenses.

Seeking Alpha8/15/2026Neutral

Webtoon Entertainment's Working On Putting On A Show

Webtoon Entertainment remains a ‘hold' as revenue and profitability decline, but currency headwinds and a fortress balance sheet provide context. WBTN's revenue drop is largely attributable to foreign currency fluctuations; on a constant currency basis, revenue actually increased 5.2% year-over-year. The company is leveraging strategic partnerships, new content, and a $100M investment in RI Games to diversify and drive future growth.

CNBC International TV8/11/2026Neutral

Webtoon Entertainment bets on gaming to expand its global IP business

Webtoon Entertainment CFO David Lee says he is optimistic about its business outlook, with the company betting on gaming to expand its global IP business, while leveraging AI to promote human creativity and deepen fan engagement.

Forbes8/11/2026Neutral

Webtoon's Growth Is Slowing But Its Ambitions Are Growing

The headline on Webtoon Entertainment's (NADSAQ: WBTN) Q2 shareholder letter highlights “solid” quarterly results, with 5.2% currency-adjusted revenue growth and adjusted EBIDITA of $5.5 million, exceeding the high end of previous guidance. The company also gives an optimistic account of many successful new initiatives including partnerships with Marvel and some new AI-driven innovations.

Historical Employee Count of WBTN

Current

1,800

Change

+0.00%

Minimum

1,800

Maximum

1,800

Recent Filings

Report Date	Employees	Form Type	Filing Date	SEC Filing
Dec 31, 2025	1,800	10-K	Mar 5, 2026	View
Dec 31, 2024	1,800	10-K	Mar 11, 2025	View

WEBTOON Entertainment Inc. Common stock