Filing Flows › Webtoon Entertainment (WBTN) › Q2 2026
Webtoon Entertainment (WBTN) Q2 2026 earnings results (second quarter 2026)
10-Q filed Aug 10, 2026
Webtoon Entertainment (WBTN) reported revenue of $338M for the second quarter 2026 (Q2 2026), -3% from a year earlier and +5% from the quarter before. Operating margin was -4.6%, net loss $14.6M (4.3% of revenue).
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 follows the revenue to costs, profit and cash.
| Q2 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $338M | +5% | -3% |
| Operating profit | −$15.6M | — | — |
| Net earnings | −$14.6M | — | — |
| Operating cash flow | −$6.2M | — | -210% |
What changed
Revenue was $338.5M in Q2 2026, down 3% year over year and up 5% from the previous quarter. Paid Content was the largest line at 78% of revenue. Paid Content lost $11.0M year over year (down 4%), 112% of the total change.
Operating costs exceeded revenue by $15.6M, an operating margin of -4.6%. Total costs fell 1% while revenue fell 3%. The fastest-growing cost line was Other operating costs (+23%). The quarter ended with a net loss of $14.6M, wider than the previous quarter's $8.8M loss. Non-operating items added $7.9M, -104% of pre-tax earnings, so the bottom line overstates operating performance.
Operating cash flow was −$6.2M. Non-cash charges added back $7.3M of depreciation and amortization and $12.1M of share-based compensation. Working capital and other items used $11.1M. Capital expenditures of $1.6M exceeded it, leaving free cash flow of −$7.9M.
Questions
What was Webtoon Entertainment's revenue in the second quarter 2026?
Webtoon Entertainment (WBTN) reported revenue of $338M for the second quarter 2026 (Q2 2026), -3% from a year earlier and +5% from the quarter before.
Was Webtoon Entertainment profitable in the second quarter 2026?
Operating loss was $15.6M (-4.6% of revenue) and net loss $14.6M.