WEBTOON Entertainment Inc. (WBTN)

WEBTOON Entertainment Income Statement

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022
Revenue	1,383	1,348	1,283	1,079
Revenue Growth (YoY)	2.54%	5.12%	18.84%	-
Cost of Revenue	1,061	1,009	987.26	806.38
Gross Profit	322.18	339.07	295.49	273.01
Selling, General & Admin	385.69	439.77	331.85	387.73
Other Operating Expenses	-336.49	-69.74	-63.41	-
Total Operating Expenses	49.21	370.02	268.44	387.73
Operating Income	-63.51	-100.7	-36.36	-114.72
Interest Income	20.45	14.7	-9.33	-3.53
Interest Expense	-0.06	-0.05	-0.08	-0.84
Other Non-Operating Income (Expense)	-9.81	6.48	-23.57	0.94
Total Non-Operating Income (Expense)	10.59	21.13	-32.98	-3.44
Pretax Income	-389.41	-149.31	-132.75	-118.15
Provision for Income Taxes	-16.02	3.6	12.01	14.37
Net Income	-345.93	-143.91	-116.46	-129.87
Minority Interest in Earnings	-27.46	-9.01	-28.3	-2.65
Net Income to Common	-345.93	-143.91	-116.46	-129.87
Shares Outstanding (Basic)	130	119	110	107
Shares Outstanding (Diluted)	130	119	110	107
Shares Change (YoY)	9.18%	8.88%	2.82%	-
EPS (Basic)	-2.66	-1.21	-1.06	-1.22
EPS (Diluted)	-2.66	-1.21	-1.06	-1.22
Free Cash Flow	3.6	15.48	4.61	-143.3
Free Cash Flow Growth	-76.76%	236.13%	-	-
Free Cash Flow Per Share	0.03	0.13	0.04	-1.35
Gross Margin	23.30%	25.14%	23.04%	25.29%
Operating Margin	-4.59%	-7.47%	-2.83%	-10.63%
Profit Margin	-27.00%	-11.34%	-11.29%	-12.28%
FCF Margin	0.26%	1.15%	0.36%	-13.28%
EBITDA	-28.08	-60.63	2	-79.98
EBITDA Margin	-2.03%	-4.50%	0.16%	-7.41%
EBIT	-63.51	-100.7	-36.36	-114.72
EBIT Margin	-4.59%	-7.47%	-2.83%	-10.63%
Effective Tax Rate	4.11%	-2.41%	-9.04%	-12.16%

Updated Mar 3, 2026. Data Source: Fiscal.ai. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q