NASDAQ$WBTN

WEBTOON Entertainment Inc · Q3 2025 earnings

Q3 2025 earnings · · After market close · Investor relations

Briefing

WBTN reported Q3 2025 revenue of $378.0M, a net loss of $11.1M, diluted EPS of $-0.09.

For Q3 2025, WBTN reported Revenue was $378.0M, net loss was $11.1M, diluted EPS was $-0.09. The filing discusses operating performance, liquidity, and outlook in MD&A.

  • Revenue $378.0M for Q3 2025.
  • Net loss $11.1M.
  • Diluted EPS $-0.09.

Headline financials

Total Revenue

$378M

Previous: $348M+8.7%
EPS (adj)

-$0.09

Previous: $0.15-160.0%
Adjusted EBITDA

$5.12M

No prior period
Adjusted EBITDA Margin

1.4%

No prior period
Marketing Expense

$35.2M

No prior period
General & Admin Expense

$62.5M

No prior period
Net Loss Margin

-2.9%

No prior period
Stock-Based Compensation

$9.63M

No prior period
Capital Expenditures

-$6.98M

Previous: -$1.31M-431.9%
Net Income

-$11.6M

Previous: $19.8M-159.0%
Operating Income

-$14.9M

Previous: -$8.09M-84.0%

Revenue & EPS history

WEBTOON Entertainment Inc · Revenue · Quarterly

$378M

Q3 2025+8.7%vs Q3 2024
Beat estimate in 2 of 7 quarters(29%)
ActualEstimate

Revenue by segment

WEBTOON Entertainment Inc · $327M total across 3 segments · Q1 2024

  • Paid Content
    $267M
  • Advertising
    $37M
  • IP Adaptations
    $22.9M

Forward guidance

Outlook focuses on cash runway, pipeline milestones, and cost discipline as the company works toward profitability.

Tailwinds

  • Cash and equivalents support operations into upcoming milestones.
  • Clinical or product pipeline progress noted in MD&A.

Headwinds

  • Ongoing operating losses and R&D spend pressure near-term earnings.
  • Financing, dilution, or partnership timing may affect liquidity.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 7 quarterly earnings reports · overlaid with Q3 2025

Historical avgQ3 2025

-12.5%

Avg return

Earnings day

-13.8%

Avg return

5 days after

-13.8%

Avg return

30 days after

22%

2 / 9 earnings

Positive

+3.5%

Q2 2023

Best reaction

-36.9%

Q2 2024

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026+0.2%-8.7%-15.8%
Q4 2025-9.3%-16.1%-15.4%
Q3 2025-25.1%-25.9%-25.8%
Q1 2025-18.3%-11.2%-17.1%
Q4 2024-10.5%-11.3%-19.8%
Q3 2023-10.3%-8.3%+13.1%
Q3 2024-5.4%-3.3%+13.3%
Q2 2023+3.5%-4.5%-17.1%
Q2 2024-36.9%-34.7%-39.8%
Q1 2024
Q4 2023
Q1 2023
Q4 2022
Q3 2022
Q2 2022
Q1 2022

Discussion

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