newsfilter
← Earnings
Earnings Releases·

WEBTOON Entertainment Inc. — Third Quarter 2026 Earnings Summary

  • Reported Q3 2026 revenue declined 4.0% year-over-year to $362.8 million, though constant currency revenue rose 0.2% to $378.6 million; net loss narrowed to $7.5 million from $11.1 million, while Adjusted EBITDA fell to $2.2 million from $5.1 million.
  • Guidance for Q4 2026 projects constant currency revenue growth of 9.0% to 12.0% ($371M–$381M) and Adjusted EBITDA between $0.0M and $5.0M, driven by anticipated contributions from the second closing of the RI Games Holdings Inc. acquisition.
  • Segment performance showed mixed results with Advertising revenue growth offsetting significant declines in IP Adaptations and Paid Content; Korea revenue grew 10.8% year-over-year while Japan revenue fell 18.0%.
  • The company maintains a strong balance sheet with $548.4 million in cash and no debt, while contract liabilities increased to $101.4 million from $89.9 million at the end of 2025.
Company
WEBTOON ENTERTAINMENT INC
Sector
Technology
Industry
Software - Application