Webtoon Entertainment Inc. income statement
In fiscal 2025, Webtoon Entertainment Inc. reported revenue of $1.38bn, up 2.5% on the year before, operating income of −$63.5m (a -4.6% margin) and net income of −$346m, or −$2.66 per diluted share. Every line below comes from the company's 10-K and 10-Q filings; column headings link to the filing.
Income statement
| Fiscal year | 2022Dec 2022 | 2023Dec 2023 | 2024Dec 2024 | 2025Dec 2025 | LTMJun 2026 |
|---|---|---|---|---|---|
| Revenue | 1,079 | 1,283 | 1,348 | 1,383 | 1,368 |
| Cost of revenue | 806 | 987 | 1,009 | 1,061 | 1,034 |
| Gross profit | 273 | 295 | 339 | 322 | 334 |
| General and administrative | 208 | 211 | 332 | 260 | 254 |
| Operating income | −115 | −36 | −101 | −64 | −52 |
| Interest expense | 1 | 0 | 0 | 0 | 0 |
| Income before tax | −118 | −133 | −149 | −389 | −379 |
| Income tax | 14 | 12 | 4 | −16 | −8 |
| Net income | −130 | −116 | −144 | −346 | −344 |
| Diluted EPS | −$1.22 | −$1.06 | −$1.21 | −$2.66 | −$2.60 |
| Diluted shares (average) | 107m | 110m | 119m | 130m | 132m |
| EBITDA | −80 | 2 | −61 | −28 | −18 |
| Quarter | 2024 Q3Sept 2024 | 2024 Q4Dec 2024 | 2025 Q1Mar 2025 | 2025 Q2Jun 2025 | 2025 Q3Sept 2025 | 2025 Q4Dec 2025 | 2026 Q1Mar 2026 | 2026 Q2Jun 2026 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 348 | 353 | 326 | 348 | 378 | 331 | 321 | 338 |
| Cost of revenue | 257 | 271 | 254 | 261 | 295 | 250 | 238 | 250 |
| Gross profit | 91 | 82 | 72 | 87 | 83 | 81 | 83 | 88 |
| General and administrative | 67 | 78 | 67 | 65 | 62 | 65 | 61 | 65 |
| Operating income | −8 | −28 | −27 | −9 | −15 | −13 | −8 | −16 |
| Interest expense | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Income before tax | 10 | −98 | −19 | −5 | −10 | −355 | −6 | −8 |
| Income tax | −10 | 5 | 3 | −1 | 1 | −18 | 3 | 7 |
| Net income | 20 | −93 | −22 | −4 | −12 | −308 | −9 | −15 |
| Diluted EPS | $0.15 | −$0.77 | −$0.17 | −$0.03 | −$0.09 | −$2.36 | −$0.07 | −$0.11 |
| EBITDA | 2 | −16 | −18 | −0 | −7 | −3 | −0 | −8 |
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