earnings
confidence high
sentiment negative
materiality 0.75
WEBTOON Q3 rev $378M (+8.7% reported); net loss $11.1M; Adj EBITDA $5.1M; Q4 rev guidance decline 5.1%-2.3% CC
WEBTOON Entertainment Inc.
2025-Q3 EPS
reported -$0.30
vs consensus -$0.13
▼ miss
(-137.9%)
- Revenue $378M (+8.7% reported, +9.1% CC); Paid Content +0.8% CC, IP Adaptations +171.8% CC, Advertising -8.9% CC.
- Net loss $11.1M (vs net income $20.0M YoY); diluted EPS -$0.09; adjusted EPS $0.04 vs $0.22 prior year.
- Adjusted EBITDA $5.1M (margin 1.4%) vs $28.9M (8.3%) YoY; Q4 guided adjusted EBITDA loss of $(6.5)-$(1.5)M.
- Non-binding agreement with Disney to co-develop a digital comics platform; Disney to acquire 2% equity in WEBTOON.
- Launched 'Video Episodes' short-form video on English platform and 'Cuts' UGC animation in Korea; over 1,000 creators on 'Cuts' in first month.