10-Q quarterly report · filed Nov 13, 2025

WEBTOON Entertainment Inc. (WBTN) Q3 2025 10-Q Quarterly Report

Short answer

WEBTOON Entertainment Inc. (WBTN) filed its Q3 2025 10-Q quarterly report on Nov 13, 2025 for the quarter ended Sep 30, 2025. Quarterly revenue was $378M (up 8.7% year over year) with net income of −$12M.

Q3 2025 key financials · XBRL

Revenue
$378M
+8.7% YoY · +8.5% QoQ
Net income
−$12M
−159.0% YoY · −169.2% QoQ
Operating margin
-3.9%
EPS (diluted)
−$0.09
−145.0% YoY · −125.0% QoQ

Source: XBRL data from the WEBTOON Entertainment Inc. (WBTN) Q3 2025 10-Q on SEC EDGAR. USD.

WEBTOON Entertainment Inc. Q3 2025 10-Q analysis

AI summary of MD&A and risk factor updates

Management Discussion & Analysis

  • Revenue $378.0M, up 8.7% YoY from $347.9M
  • IP Adaptations best performer at $51.9M, up 168.7% YoY; advertising worst at $39.4M, down 9.3%
  • Operating loss $14.9M vs $8.1M; operating margin -3.9% vs -2.3% YoY
  • Cost of revenue $295.3M, up 15.1% YoY; marketing $35.2M, up 7.5%
  • Headwinds: advertising partner volume declines, Wattpad bans, and prior search-indexing disruption; issue resolved during quarter

Risk Factors

  • No risk-factors section provided in the submitted excerpt
  • No newly added, materially updated, regulatory, operational, or financial risks identifiable from the text

Generated from the filing text; verify against the original. 10-K vs 10-Q vs 8-K

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