10-Q quarterly report · filed May 11, 2026

WEBTOON Entertainment Inc. (WBTN) Q1 2026 10-Q Quarterly Report

Short answer

WEBTOON Entertainment Inc. (WBTN) filed its Q1 2026 10-Q quarterly report on May 11, 2026 for the quarter ended Mar 31, 2026. Quarterly revenue was $321M (down 1.5% year over year) with net income of −$9M.

Q1 2026 key financials · XBRL

Revenue
$321M
−1.5% YoY
Net income
−$9M
+57.8% YoY
Operating margin
-2.5%
EPS (diluted)
−$0.07
+58.8% YoY

Source: XBRL data from the WEBTOON Entertainment Inc. (WBTN) Q1 2026 10-Q on SEC EDGAR. USD.

WEBTOON Entertainment Inc. Q1 2026 10-Q analysis

AI summary of MD&A and risk factor updates

Management Discussion & Analysis

  • Revenue $320.9M, down 1.5% YoY from $325.7M; foreign exchange reduced revenue by approximately $5.5M
  • Operating loss $8.0M vs $26.6M; operating margin -2.5% vs -8.2% YoY
  • Best product line Paid Content revenue $261.4M, up 0.5%; worst IP Adaptations $19.8M, down 22.8%
  • Global MAU 144.3M, down 5.9%; MPU 7.5M, up 2.2%, with paying ratio 5.2% vs 4.8%
  • Near-term headwinds: foreign exchange, IP Adaptations timing volatility, and expected higher stock-based compensation expense in Q2 2026

Risk Factors

  • Risk Factors section not provided in submitted filing text
  • New equity securities purchase agreement dated January 8, 2026
  • Executive compensation changes through amended assignment and secondment letters

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

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