Filing Flows › Webtoon Entertainment (WBTN) › Q2 2026 › vs Q2 2025
Webtoon Entertainment (WBTN) Q2 2026 vs Q2 2025 (year over year)
Webtoon Entertainment's revenue fell $9.8M (-3%) from $348M in Q2 2025 to $338M in Q2 2026. The biggest changes: Paid Content −$11.0M (-4%); Advertising +$1.9M (+4%); IP Adaptations −$738K (-3%).
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 Q2 2025, the increases inside each band.
Every line
| Line | Q2 2026 | Q2 2025 | Change | % |
|---|---|---|---|---|
| Paid Content | $264M | $275M | −$11.0M | -4% |
| Advertising | $47.1M | $45.2M | $1.9M | +4% |
| IP Adaptations | $27.4M | $28.1M | −$738K | -3% |
| Revenue | $338M | $348M | −$9.8M | -3% |
| Other income, net | $7.9M | $4.0M | $3.9M | +96% |
| Net loss | $14.6M | $3.9M | $10.7M | +275% |
| Costs & expenses | $361M | $357M | $3.9M | +1% |
| Operating costs | $354M | $357M | −$3.0M | -0.8% |
| Income tax | $6.9M | −$832K | $7.8M | — |
| Cost of revenue | $250M | $261M | −$10.7M | -4% |
| General & admin | $65.4M | $65.0M | $396K | +0.6% |
| Other operating costs | $38.3M | $31.1M | $7.3M | +23% |
| Operating cash sources | $25.7M | $10.0M | $15.7M | +158% |
| Depreciation & amortization | $7.3M | $8.4M | −$1.1M | -13% |
| Share-based compensation | $12.1M | $7.2M | $4.9M | +67% |
| Cash used in operations | $6.2M | −$5.7M | $12.0M | — |
| Net loss absorbed | $14.6M | $3.9M | $10.7M | +275% |
| Working capital & other | $11.1M | $6.1M | $5.1M | +83% |
Questions
How much did Webtoon Entertainment's revenue grow year over year in Q2 2026?
Webtoon Entertainment's revenue fell $9.8M (-3%) from $348M in Q2 2025 to $338M in Q2 2026.
What drove Webtoon Entertainment's revenue change in Q2 2026?
Paid Content −$11.0M (-4%); Advertising +$1.9M (+4%); IP Adaptations −$738K (-3%).