WEBTOON Entertainment Inc. Reports Third Quarter 2026 Financial Results
Globe Newswire•09/11/2026•16:05 ET
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Key Highlights
- ➤Q3 revenue $362.8 million, down 4.0% year over year
- ➤Q3 net loss narrowed to $7.5 million from $11.1 million
- ➤Q3 adjusted EBITDA fell to $2.2 million from $5.1 million
- ➤Q4 constant-currency revenue growth forecast at 9.0%-12.0%
- ➤Cash and equivalents approximately $548.4 million, with no debt
Expert Statements
Junkoo Kim, Founder and CEO of WEBTOON Entertainment
“We delivered third quarter reported revenue and Adjusted EBITDA within our guidance ranges while continuing to invest with discipline in our next phase of growth, and we are confident in our return to double-digit revenue growth in the fourth quarter.”
Junkoo Kim, Founder and CEO of WEBTOON Entertainment
“Our strategy is working across the business. On-platform, we are strengthening how readers discover and engage with stories; Off-platform, we are turning our IP into global franchises across diverse formats; and through collaborations, we are extending our reach to new audiences. Each reinforces the other, and together they position us for durable, long-term growth. This is the future of storytelling, and WEBTOON is building it.”
Delivered Reported Revenue and Adjusted EBITDA Within Guidance Ranges
Third Quarter Revenue Decline of 4.0%; Revenue Growth on a Constant Currency Basis of 0.2%
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