---
schema_version: "secwatch.filing_event.v1"
accession: "0001997859-26-000015"
form_type: "8-K"
ticker: "WBTN"
cik: "0001997859"
company_name: "WEBTOON Entertainment Inc."
filed_at: "2026-03-03T23:59:59+00:00"
generated_at: "2026-05-15T22:21:04.500454+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# WEBTOON FY2025 net loss $373M on goodwill impairments; revenue up 2.5%

## Summary
- FY2025 revenue $1.4B (+2.5% YoY, +3.9% constant currency); net loss $373.4M vs $152.9M due to goodwill impairments.
- Q4 revenue $330.7M (-6.3% YoY); adjusted EBITDA $0.6M improved from -$3.5M prior year; diluted loss per share $2.36.
- Full year adjusted EBITDA $19.4M (1.5% margin) vs $68M prior year; cash $581.8M, no debt.
- Completed strategic agreements with Disney: ~2% equity investment, new digital comics platform targeting 2026 launch.
- Q1 2026 guidance: revenue $317-$327M, adjusted EBITDA $0-$5M; Lore Olympus animated series greenlit by Amazon MGM.

## SEC filing metadata
- accession: 0001997859-26-000015
- form_type: 8-K
- ticker: WBTN
- cik: 0001997859
- company_name: WEBTOON Entertainment Inc.
- filed_at: 2026-03-03T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1997859/000199785926000015/0001997859-26-000015-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1997859/000199785926000015/wbtn-20260303.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001997859-26-000015
- JSON: https://secwatch.observer/filing/0001997859-26-000015.json
- Plain text: https://secwatch.observer/filing/0001997859-26-000015.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.