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Filing Flows › Webtoon Entertainment (WBTN) › Q2 2026 › vs Q1 2026

Webtoon Entertainment (WBTN) Q2 2026 vs Q1 2026 (quarter over quarter)

Webtoon Entertainment's revenue rose $17.6M (+5%) from $321M in Q1 2026 to $338M in Q2 2026. The biggest changes: IP Adaptations +$7.6M (+39%); Advertising +$7.4M (+19%); Paid Content +$2.5M (+1%).

Webtoon Entertainment, Q2 2026: revenue $338M (-3% year over year), operating margin -4.6%, net loss $14.6M, operating cash flow −$6.2M. The chart draws each line against Q1 2026, the increases inside each band.

Webtoon Entertainment: what changed, Q2 2026 vs Q1 2026Webtoon Entertainment: what changed, Q2 2026 vs Q1 2026Costs & expenses$29.4MOperating costs$25.1MCost of revenue$12.5MOther operating costs$7.8MIP Adaptations$7.6MWorking capital & other−$7.6MAdvertising$7.4MOther income, net$6.0MNet loss$5.8MNet loss absorbed$5.8M

Every line

LineQ2 2026Q1 2026Change%
Paid Content$264M$261M$2.5M+1%
Advertising$47.1M$39.7M$7.4M+19%
IP Adaptations$27.4M$19.8M$7.6M+39%
Revenue$338M$321M$17.6M+5%
Other income, net$7.9M$1.9M$6.0M+316%
Net loss$14.6M$8.8M$5.8M+66%
Costs & expenses$361M$332M$29.4M+9%
Operating costs$354M$329M$25.1M+8%
Income tax$6.9M$2.7M$4.3M+160%
Cost of revenue$250M$238M$12.5M+5%
General & admin$65.4M$60.6M$4.8M+8%
Other operating costs$38.3M$30.5M$7.8M+26%
Operating cash sources$25.7M$27.5M−$1.8M-6%
Depreciation & amortization$7.3M$8.0M−$655K-8%
Share-based compensation$12.1M$7.6M$4.5M+59%
Cash used in operations$6.2M$11.8M−$5.6M-47%
Net loss absorbed$14.6M$8.8M$5.8M+66%
Working capital & other$11.1M$18.7M−$7.6M-40%

Questions

How much did Webtoon Entertainment's revenue grow quarter over quarter in Q2 2026?

Webtoon Entertainment's revenue rose $17.6M (+5%) from $321M in Q1 2026 to $338M in Q2 2026.

What drove Webtoon Entertainment's revenue change in Q2 2026?

IP Adaptations +$7.6M (+39%); Advertising +$7.4M (+19%); Paid Content +$2.5M (+1%).

Q2 2026 results → · Compare in the interactive Sankey →