Business

WEBTOON Entertainment Inc. Reports First Quarter 2026 Financial Results

Delivered Revenue Within Guidance Range and Adjusted EBITDA Well Above the High-End of Guidance Range First Quarter Revenue Decline of 1.5% Year-Over-Year; Revenue Growth on a Constant Currency Basis of 0.2% Net Loss of $8.8 million; Adjusted EBITDA of $9.5 million Strong Balance Sheet With Cash and Cash Equivalents of Approximately $594.9 million and No Debt LOS ANGELES, May 11, 2026 (GLOBE NEWSWIRE) -- WEBTOON Entertainment Inc. (Nasdaq: WBTN) (“WEBTOON Entertainment” or “the Company”), a lead

articleWebtoon Entertainment Inc.May 11, 202621/company/webtoon-entertainment-inc-common-stock/news/webtoon-entertainment-inc-reports-first-quarter-2026-financial-results
WEBTOON Entertainment Inc. Reports First Quarter 2026 Financial Results

About this update from Webtoon Entertainment Inc.

[{"type":"image","alt":"WEBTOON Entertainment Inc.","displaySize":"","headline":null,"caption":"WEBTOON Entertainment Inc.","className":"","disableSlideshowImg":false,"size":{"original":{"width":300,"height":286,"url":"https://media.zenfs.com/en/globenewswire.com/a9fc321a5e3f5349bf7b6e1a4e866e9b"},"resized":{"url":"https://s.yimg.com/ny/api/res/1.2/e03ZqivwSswhTwG0yu00sg--/YXBwaWQ9aGlnaGxhbmRlcjt3PTQyMDtoPTQwMA--/https://media.zenfs.com/en/globenewswire.com/a9fc321a5e3f5349bf7b6e1a4e866e9b","width":300,"height":286},"resize_sm":{"url":"https://s.yimg.com/ny/api/res/1.2/e03ZqivwSswhTwG0yu00sg--/YXBwaWQ9aGlnaGxhbmRlcjt3PTQyMDtoPTQwMA--/https://media.zenfs.com/en/globenewswire.com/a9fc321a5e3f5349bf7b6e1a4e866e9b","width":300,"height":286}},"lazy":false},{"type":"text","content":"Delivered Revenue Within Guidance Range and Adjusted EBITDA Well Above the High-End of Guidance Range","length":101,"tagName":"p"},{"type":"text","content":"First Quarter Revenue Decline of 1.5% Year-Over-Year; Revenue Growth on a Constant Currency Basis of 0.2%","length":105,"tagName":"p"},{"type":"text","content":"Net Loss of $8.8 million; Adjusted EBITDA of $9.5 million","length":57,"tagName":"p"},{"type":"text","content":"Strong Balance Sheet With Cash and Cash Equivalents of Approximately $594.9 million and No Debt","length":95,"tagName":"p"},{"type":"text","content":"LOS ANGELES, May 11, 2026 (GLOBE NEWSWIRE) -- WEBTOON Entertainment Inc. (Nasdaq: WBTN) (“WEBTOON Entertainment” or “the Company”), a leading global entertainment company and home to some of the world’s largest storytelling platforms, today announced results for its first quarter ended March 31, 2026. More information about these results can be found in the Company’s shareholder letter on the investor relations section of its website.","length":438,"tagName":"p"},{"type":"text","content":"First Quarter 2026 Highlights (vs. First Quarter 2025)","length":54,"tagName":"p"},{"type":"list","items":[{"val":[{"type":"text","content":"Total revenue of $320.9 million declined 1.5%, driven by declines in IP Adaptations and Advertising, partially offset by growth in Paid Content.","length":144,"tagName":"p"}]},{"val":[{"type":"text","content":"Revenue on a constant currency basis was $326.4 million, growing 0.2%, driven by growth in Paid Content and Advertising, offset by a decline in IP Adaptations.","length":159,"tagName":...

More updates from Webtoon Entertainment Inc.

WEBTOON Entertainmentcurrency basisPaid Contentthe Companycurrent assetsforeign currencyWEBTOON