WBTN · NASDAQ · Internet Content & Information

WEBTOON Entertainment

Operates storytelling platforms for webcomics, webnovels, paid content, ads, and screen adaptations.

$10.24
After-hours close+0.01 (+0.10%)
At close$10.23(+2.71%)
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Profile

WEBTOON Entertainment Inc. Common stockWBTNCommunication Services

Runs WEBTOON and Wattpad platforms for serialized webcomics and webnovels, earning from paid content, advertising, and IP adaptations. The business spans Korea, Japan, and the rest of world, with revenue concentrated more in Korea and Japan than its global user mix.

Runs a creator-and-fan storytelling ecosystem built around WEBTOON webcomics, Wattpad webnovels, CANVAS creator tools, paid-content access, advertising, and IP adaptations through production studios. It operates as one reportable segment because the revenue streams share technology, content, and creator relationships.

Korea and Japan carry more of the monetized business, while the user base is spread across the rest of world. The platform's execution rests on keeping creators supplied with economics and discovery tools, turning readers into paying users, and adapting stories into formats that travel beyond the app.

NAVER remains the controlling shareholder, and Disney is a current platform and equity partner for a digital comics service. The business depends on engagement, creator supply, content quality, platform competition, IP protection, and partner execution.

Company facts

CEOJunkoo Kim
ListedJun 27, 2024
ExchangeNASDAQ
HeadquartersLos Angeles, CA
CountryUnited States
Employees1,800
CIK0001997859
ISINUS94845U1051

Key statistics

Market cap$1.38B
EPS (ttm)−$2.63
P/E (ttm)−3.89
ROE-27.5%
P/B1.19
P/S1.01
Dividend yield
Beta1.62vs XLC 0.70

Year to date −22.6% · Average volume (30d) 429.8K

Analysts

Price target, next 12 months$12.50+22.1%Median of 5 analysts · vs the Aug 28 close
ConsensusBuy3 of 5 analysts rate it buy or better

Ratings

Target range

Latest analyst notes

DateFirmActionRatingPrior targetTarget
Aug 11, 2026Evercore ISIReiterateOutperform$15$12
May 13, 2026Deutsche BankTarget$11$13
Mar 4, 2026Evercore ISITarget$30$15
Nov 14, 2025UBSTarget$13

Earnings

EPS

Estimate$0.02
ReportedDue Nov 11, 2026

Revenue

Estimate$365.8M
ReportedDue Nov 11, 2026

History

Report dateEPS estEPSSurpriseRevenue estRevenueSurpriseNext session
Aug 10, 2026Q2 FY26−$0.07−$0.11−52.5%$339.9M$338.5M−0.4%−6.77%
May 11, 2026Q1 FY26−$0.05$0.01+120.0%$321.6M$320.9M−0.2%−8.64%
Mar 3, 2026Q4 FY25−$0.11−$2.36−2,045.5%$337.2M$330.7M−1.9%−9.29%
Nov 12, 2025Q3 FY25−$0.05$0.04+186.6%$384.7M$378.0M−1.7%−25.09%
View details

Financial highlights

12 quartersQ1 FY25Q2 FY25Q3 FY25Q4 FY25Q1 FY26Q2 FY26
Revenue$325.7M$348.3M$378.0M$330.7M$320.9M$338.5M
Gross profit$71.6M$87.3M$82.8M$80.5M$83.0M$88.1M
Operating income−$26.6M−$8.8M−$14.9M−$13.8M−$8.0M−$15.6M
Net income−$22.5M−$4.3M−$11.6M−$307.6M−$9.5M−$15.2M
Diluted EPS−$0.17−$0.03−$0.09−$2.36−$0.07−$0.11
Gross margin22.0%25.1%21.9%24.3%25.9%26.0%
Operating margin-8.2%-2.5%-3.9%-4.2%-2.5%-4.6%

Fiscal years (4-quarter sums)FY22 $1.08B · FY23 $1.28B · FY24 $1.35B · FY25 $1.38B

Revenue by product · Q2 FY26

Advertising$47.1M · 100%

Revenue by geography · Q2 FY26

Japan$150.4M · 44%
Korea, Republic of$138.5M · 41%
Rest Of The World$49.6M · 15%

Balance sheet, Jun 30, 2026Cash & short-term investments $583.1M · Total debt $22.6M · Total assets $1.59B · Shareholders' equity $1.16B

Dividends

No dividends on record.

Ownership

Institutions 41.22%55.74M sharesInsiders 1.20%1.62M sharesOther 57.58%77.87M shares

Shares outstanding 135.23M · Float 22.11M · 16.4% free float

Top shareholders13F · 13D/G · Form 4

HolderShares% outstandingFormFiled
NAVER Corporation80.35M62.60%13GNov 1, 2024
SoftBank Group Corp.31.43M23.24%13FAug 14, 2026
LY Corp31.43M24.50%13GNov 1, 2024
FMR LLC15.28M11.30%13FAug 13, 2026
BlackRock, Inc.1.89M1.40%13FAug 7, 2026

Insider tradesForm 4

No open-market trades in the last 12 months.

View details

Peers

  • Walt Disney

    Partner and rival for comics IP, fandom, and screen time

  • Netflix

    Streaming rival for fandom time and adaptation projects

CompareAfter-hours close

CompanyPriceChange
WEBTOON Entertainment$10.24+0.10%$1.38B1.0−2.8%
Walt Disney$108.09−0.01%$187.72B22.314.61.9+7.1%
Netflix$81.62−0.12%$340.28B25.723.67.0+13.4%
Median24.019.14.5+10.2%