Filing Flows › Webtoon Entertainment (WBTN) › Q1 2026 › vs Q1 2025
Webtoon Entertainment (WBTN) Q1 2026 vs Q1 2025 (year over year)
Webtoon Entertainment's revenue fell $4.8M (-1%) from $326M in Q1 2025 to $321M in Q1 2026. The biggest changes: IP Adaptations −$5.8M (-23%); Paid Content +$1.2M (+0.5%); Advertising −$216K (-0.5%).
Webtoon Entertainment, Q1 2026: revenue $321M (-2% year over year), operating margin -2.5%, net loss $8.8M, operating cash flow −$11.8M. The chart draws each line against Q1 2025, the increases inside each band.
Every line
| Line | Q1 2026 | Q1 2025 | Change | % |
|---|---|---|---|---|
| Paid Content | $261M | $260M | $1.2M | +0.5% |
| Advertising | $39.7M | $39.9M | −$216K | -0.5% |
| IP Adaptations | $19.8M | $25.6M | −$5.8M | -23% |
| Revenue | $321M | $326M | −$4.8M | -1% |
| Other income, net | $1.9M | $7.2M | −$5.3M | -74% |
| Net loss | $8.8M | $22.0M | −$13.2M | -60% |
| Costs & expenses | $332M | $355M | −$23.3M | -7% |
| Operating costs | $329M | $352M | −$23.4M | -7% |
| Income tax | $2.7M | $2.5M | $125K | +5% |
| Cost of revenue | $238M | $254M | −$16.3M | -6% |
| General & admin | $60.6M | $66.7M | −$6.1M | -9% |
| Other operating costs | $30.5M | $31.5M | −$1.0M | -3% |
| Operating cash sources | $27.5M | $45.3M | −$17.9M | -39% |
| Depreciation & amortization | $8.0M | $8.4M | −$439K | -5% |
| Share-based compensation | $7.6M | $18.3M | −$10.6M | -58% |
| Cash used in operations | $11.8M | $18.7M | −$6.8M | -36% |
| Net loss absorbed | $8.8M | $22.0M | −$13.2M | -60% |
| Working capital & other | $18.7M | $23.4M | −$4.7M | -20% |
Questions
How much did Webtoon Entertainment's revenue grow year over year in Q1 2026?
Webtoon Entertainment's revenue fell $4.8M (-1%) from $326M in Q1 2025 to $321M in Q1 2026.
What drove Webtoon Entertainment's revenue change in Q1 2026?
IP Adaptations −$5.8M (-23%); Paid Content +$1.2M (+0.5%); Advertising −$216K (-0.5%).