WEBTOON Entertainment Inc. Reports Second Quarter 2026 Financial Results
WEBTOON Entertainment reported Q2 2026 revenue of $338.5 million, down 2.8% year-over-year on a GAAP basis but up 5.2% on a constant currency basis, landing within the guidance range. Adjusted EBITDA reached $5.5 million, exceeding the high end of guidance, while net loss widened to $14.6 million compared to the prior year due to increased marketing investments. The company maintains a strong balance sheet with $583.1 million in cash and no debt, and announced a strategic investment in RI Games Holdings Inc. to expand its IP gaming pipeline.
Key figures
- Revenue
- 338500000
- Guidance
- Q3 2026 Revenue $358M-$368M; Adjusted EBITDA $0.0M-$5.0M
- Revenue Yoy
- -2.8%
- Adjusted ebitda
- 5500000
- Cash and equivalents
- 583100000
- Adjusted ebitda margin
- 1.6%
AI analysis
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