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Webtoon Q1 FY26 net loss narrows to USD 8.8 million; revenue slips 1.5% to USD 320.9 million

PUBT·05/11/2026 20:12:25
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Webtoon Q1 FY26 net loss narrows to USD 8.8 million; revenue slips 1.5% to USD 320.9 million
  • Webtoon Entertainment posted Q1 2026 revenue of USD 320.9 million, down 1.5% year over year, while net loss narrowed to USD 8.8 million.
  • Diluted loss per share improved to USD 0.07 from a loss of USD 0.17 a year earlier; adjusted EBITDA rose to USD 9.5 million from USD 4.1 million.
  • Paid Content revenue edged up 0.5% to USD 261.4 million, while IP Adaptations revenue dropped 22.8% to USD 19.8 million.
  • Cash and cash equivalents totaled about USD 594.9 million with no debt; cash used in operations was USD 11.8 million.
  • For Q2 2026, revenue is expected at USD 332 million to USD 342 million, while adjusted EBITDA is forecast at USD 0.0 million to USD 5.0 million as the company plans major updates to its CANVAS creator platform.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Webtoon Entertainment Inc. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202605111605PRIMZONEFULLFEED9716859) on May 11, 2026, and is solely responsible for the information contained therein.