Webtoon Entertainment Inc (NAS:WBTN)
$ 8.79 +0.41 (+4.89%) Market Cap: 1.19 Bil Enterprise Value: 678.16 Mil PE Ratio: 0 PB Ratio: 1.02 GF Score: 14/100

Q1 2026 Webtoon Entertainment Inc Earnings Call Transcript

May 11, 2026 / 08:30 PM GMT
Release Date Price: $13.31 (+0.23%)

Key Points

Positve
  • Webtoon Entertainment Inc (WBTN) introduced a unified international platform to support global content distribution across multiple languages, enhancing creator reach.
  • The company expanded its ad revenue share to all supportive Canvas languages, aiding creators in monetizing their content.
  • WBTN reported a significant improvement in financial performance, narrowing its net loss to $8.8 million from $22.0 million in the previous year.
  • The company achieved a 132% growth in adjusted EBITDA, reaching $9.5 million, indicating effective cost management.
  • WBTN's collaboration with Disney is progressing well, with multiple new titles launched and more original series planned for release.
Negative
  • Revenue for the first quarter declined by 1.5%, although it grew slightly by 0.2% on a constant currency basis.
  • Global Monthly Active Users (MAU) declined by 5.9%, with specific declines in app MAU and webcomic app MAU.
  • The IP adaptations business saw a significant revenue decline of 22.2% year-over-year on a constant currency basis.
  • Japan's revenue declined by 3.4% on a constant currency basis, with a decrease in MAU and MTU.
  • The company faced challenges with automated web traffic and fake user accounts, impacting user activity metrics.


Refinitiv StreetEvents Event Transcript
E D I T E D V E R S I O N

WBTN.OQ - Webtoon Entertainment Inc
Q1 2026 Webtoon Entertainment Inc Earnings Call
May 11, 2026 / 08:30PM GMT

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Presentation
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Unidentified_1 [1]
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Thank you for standing by. My name is Jericho, and I will be your conference operator today. At this time, I would like to welcome everyone to the Webtoon Entertainment First Quarter 2026 Earnings Call.

All lines have been placed on mute to prevent any background noise. After the speaker's remarks, there will be a question-and-answer session. If you would like to ask a question, please press *1 to raise your hand. To withdraw your question, press *1 again.

I will now hand the conference over to Suwon Kim, Vice President of Investor Relations. Mr. Kim, please go ahead.

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Unidentified_2 [2]
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