# WEBTOON Entertainment Inc. (WBTN)

> Source: Nexqual · https://nexqual.com/WBTN · data as of 2026-10-15 20:00 UTC · cite as "Nexqual, WEBTOON Entertainment Inc. (WBTN), nexqual.com/WBTN" · informational, not investment advice.

**Price:** USD 8.93 (-3.67% on the day) · last close of Oct 15, 2026; US market closed, not a live price. Prev close 9.27 · day 8.74–9.3 · 52w 7.85–18.93 · market cap $1.21B · NMS

## Key facts
- Last four reported quarters (through Jun 30, 2026): revenue $1.37B, net income -$344M (-25.1% margin), free cash flow -$4.0M (SEC filings).
- Analysts: Hold (mean 2.75 on a 1–5 scale) (8 analysts), mean target USD 11.29 (range 10–13).
- Total return with dividends: 1Y -50.3% vs S&P 500 +18.1%; 5Y -60.9% vs S&P 500 +85.1%.
- Next earnings: 2026-11-16, EPS estimate USD 0.01, revenue estimate $366M.

## Financials (SEC 10-K; TTM = last four 10-Q/10-K quarters)
| USD | FY2024 | FY2024 | FY2024 | FY2025 | TTM |
|---|---|---|---|---|---|
| Revenue | $1.08B | $1.28B | $1.35B | $1.38B | $1.37B |
| Gross profit | $273M | $295M | $339M | $322M | — |
| Operating income | -$115M | -$36.4M | -$101M | -$63.5M | -$51.7M |
| Net income | -$130M | -$116M | -$144M | -$346M | -$344M |
| EPS (diluted) | -$1.22 | -$1.06 | -$1.21 | -$2.66 | — |
| Free cash flow | -$143M | $4.6M | $15.5M | $3.6M | -$4.0M |
| Gross margin | 25.3% | 23.0% | 25.1% | 23.3% | — |
| Operating margin | -10.6% | -2.8% | -7.5% | -4.6% | -3.8% |
| Net margin | -12.0% | -9.1% | -10.7% | -25.0% | -25.1% |
| Revenue growth | — | +18.8% | +5.1% | +2.5% | — |
| Cash + short-term investments | $280M | $232M | $572M | $582M | — |
| Total debt | — | $95K | $0K | — | — |
Fiscal years end Dec. EPS is split-adjusted.

## Valuation (price ÷ last four quarters, through Jun 30, 2026)
P/S 0.9x · P/B 1.0x · FCF yield -0.33% · Earnings yield -28.38%

## Analysts
Consensus Hold (mean 2.75 on a 1–5 scale), 8 analysts; mean target USD 11.29 (low 10, high 13).
Rating changes, last 120 days:
| Date | Firm | Action | Rating | Price target |
|---|---|---|---|---|
| 2026-08-11 | JP Morgan | Target lowered | Neutral | $11 → $10 |
| 2026-08-11 | Evercore ISI Group | Target lowered | Outperform | $15 → $12 |

## Total return (dividends reinvested)
|  | 1Y (from 2025-10-16) | 5Y (from 2024-06-24) |
|---|---|---|
| Total return | -50.3% | -60.9% |
| S&P 500 (SPY) | +18.1% | +85.1% |
| Per year | -50.4% | -33.4% |
| Volatility (annualized) | 60.8% | 73.5% |
| Max drawdown | -55.5% (Oct 2025→Aug 2026) | -69.3% (Jun 2024→Mar 2025) |

## Peers (Internet Content & Information)
OPRA (Opera Limited) USD 18.17 +0.33% · WB (Weibo Corporation) USD 6.55 -0.15% · GENI (Genius Sports Limited) USD 6.58 +0.77% · DJT (Trump Media & Technology Group ) USD 7.4 -4.52% · STUB (StubHub Holdings, Inc.) USD 5.76 -1.71% · ATHM (Autohome Inc.) USD 20.37 +0.10%

## More
Full page: https://nexqual.com/WBTN · Free keyless MCP server with the same data and citations: https://mcp.nexqual.com/mcp · Guide for agents: https://nexqual.com/agents · https://nexqual.com/llms.txt