WBTN (Webtoon Entertainment) Gross Margin %: 25.88% (As of Mar. 2026) — Near Median


WBTN Webtoon Entertainment Inc WBTN
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What is Webtoon Entertainment Gross Margin %?

Webtoon Entertainment WBTN +0.18% 14 Gross Margin % is 25.88% as of Mar. 2026, which is 7% above its 10-year median of 24.22. GuruFocus rates WBTN with a GF Score™ of 14/100. The stock has 2 warning signs investors should review. Among 497 Interactive Media companies, Webtoon Entertainment ranks worse than 87.93% on this metric.

Gross Margin % is calculated as gross profit divided by its revenue. Webtoon Entertainment's Gross Profit for the three months ended in Mar. 2026 was $83 Mil. Webtoon Entertainment's Revenue for the three months ended in Mar. 2026 was $321 Mil. Therefore, Webtoon Entertainment's Gross Margin % for the quarter that ended in Mar. 2026 was 25.88%.


The historical rank and industry rank for Webtoon Entertainment's Gross Margin % or its related term are showing as below:

WBTN' s Gross Margin % Range Over the Past 10 Years
Min: 23.04   Med: 24.22   Max: 25.29
Current: 24.21


During the past 4 years, the highest Gross Margin % of Webtoon Entertainment was 25.29%. The lowest was 23.04%. And the median was 24.22%.

WBTN's Gross Margin % is ranked worse than
87.93% of 497 companies
in the Interactive Media industry
Industry Median: 62.58 vs WBTN: 24.21

Webtoon Entertainment had a gross margin of 25.88% for the quarter that ended in Mar. 2026 => Competition eroding margins

The 5-Year average Growth Rate of Gross Margin for Webtoon Entertainment was 0.00% per year.


Webtoon Entertainment  (NAS:WBTN) Gross Margin % Explanation

Warren Buffett believes that firms with excellent long term economics tend to have consistently higher margins.

Durable competitive advantage creates a high Gross Margin % because of the freedom to price in excess of cost. Companies can be categorized by their Gross Margin %

1. Greater than 40% = Durable competitive advantage
2. Less than 40% = Competition eroding margins
3. Less than 20% = no sustainable competitive advantage
Consistency of Gross Margin is key

Webtoon Entertainment had a gross margin of 25.88% for the quarter that ended in Mar. 2026 => Competition eroding margins


Be Aware

If a company loses its competitive advantages, usually its gross margin declines well before its sales declines. Watching Gross Margin % and Operating Margin % closely helps avoid value trap situations.


Webtoon Entertainment Gross Margin % Related Terms


Webtoon Entertainment Gross Margin % Historical Data

* Premium members only.

The historical data trend for Webtoon Entertainment's Gross Margin % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Webtoon Entertainment Gross Margin % Chart

Webtoon Entertainment Annual Data
Trend Dec22 Dec23 Dec24 Dec25
Gross Margin %
25.29 23.04 25.14 23.30

Webtoon Entertainment Quarterly Data
Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Gross Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 21.99 25.06 21.90 24.35 25.88

WBTN vs GENI, OPRA, RUM: Gross Margin % Comparison

For the Internet Content & Information subindustry, Webtoon Entertainment's Gross Margin %, along with its competitors' market caps and Gross Margin % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Webtoon Entertainment Gross Margin % vs Interactive Media Industry

For the Interactive Media industry and Communication Services sector, Webtoon Entertainment's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Webtoon Entertainment's Gross Margin % falls into.


WBTN
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Webtoon Entertainment Inc WBTN
Gross Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Webtoon Entertainment Gross Margin % Calculation

Gross Margin is the percentage of Gross Profit out of sales or Revenue.

Webtoon Entertainment's Gross Margin for the fiscal year that ended in Dec. 2025 is calculated as

Gross Margin % (A: Dec. 2025 )=Gross Profit (A: Dec. 2025 ) / Revenue (A: Dec. 2025 )
=322.2 / 1382.705
=(Revenue - Cost of Goods Sold) / Revenue
=(1382.705 - 1060.524) / 1382.705
=23.30 %

Webtoon Entertainment's Gross Margin for the quarter that ended in Mar. 2026 is calculated as


Gross Margin % (Q: Mar. 2026 )=Gross Profit (Q: Mar. 2026 ) / Revenue (Q: Mar. 2026 )
=83 / 320.872
=(Revenue - Cost of Goods Sold) / Revenue
=(320.872 - 237.824) / 320.872
=25.88 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

A positive Gross Profit is only the first step for a company to make a net profit. The gross profit needs to be big enough to also cover related labor, equipment, rental, marketing/advertising, research and development and a lot of other costs in selling the products.

Frequently Asked Questions Learn more about Gross Margin % →
What does a Gross Margin % of 25.88% mean?
Webtoon Entertainment (WBTN) has a Gross Margin % of 25.88% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on Webtoon Entertainment and its competitors. This is near median its historical median of 24.22. Over the past decade, Webtoon Entertainment's Gross Margin % has ranged from 23.04 to 25.29. According to the industry distribution chart, Webtoon Entertainment ranks #437 out of 497 companies in the Interactive Media industry, placing it in the top 87.9%.
Is Webtoon Entertainment's Gross Margin % too high?
Webtoon Entertainment's current Gross Margin % of 25.88% is near median its 10-year median of 24.22. Over the past 10 years, this metric has ranged from a low of 23.04 to a high of 25.29. The Interactive Media industry median Gross Margin % is 62.58. Webtoon Entertainment's value of 25.88% is 58.6% below this industry median. Based on the distribution chart, Webtoon Entertainment ranks #437 out of 497 companies in the Interactive Media industry, which is in the bottom quartile relative to peers. Overall, Webtoon Entertainment has a GF Score™ of 14/100, reflecting its overall financial health beyond just this single metric.
How does Webtoon Entertainment's Gross Margin % compare to GENI and OPRA?
According to the Interactive Media industry distribution chart, Webtoon Entertainment ranks #437 out of 497 companies for Gross Margin %. This places Webtoon Entertainment in the lower half of its industry. The industry median Gross Margin % is 62.58. Webtoon Entertainment's value of 25.88% is 58.6% below this benchmark. Historically, Webtoon Entertainment's own Gross Margin % has ranged from 23.04 to 25.29 over the past decade. While the company's 10-year median is 24.22 vs. the industry median of 62.58, Webtoon Entertainment has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Gross Margin % for an Interactive Media company?
The median Gross Margin % among Interactive Media companies is 62.58, based on 497 companies in the industry. Companies in the top quartile (top 25%) have a Gross Margin % significantly above this median, while those in the bottom quartile fall well below. However, Gross Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Webtoon Entertainment's current Gross Margin % of 25.88% is 58.6% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Gross Margin % mean?
A high Gross Margin % can signal that a stock is expensive relative to its fundamentals. Gross margin is the ratio of total gross profit to net sales. View historical data on Webtoon Entertainment and its competitors. For the Interactive Media industry, the median Gross Margin % is 62.58 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Webtoon Entertainment's current Gross Margin % is 25.88%, which is near median its own 10-year median of 24.22. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Webtoon Entertainment stock overvalued right now?
Webtoon Entertainment (WBTN) has a current Gross Margin % of 25.88%. The current Gross Margin % is 25.88%, which is near median its 10-year median of 24.22 and 58.6% below the Interactive Media industry median of 62.58. Webtoon Entertainment's overall GF Score™ is 14/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Gross Margin % calculated?
Gross Margin % is calculated from a company's financial statements. For Webtoon Entertainment (WBTN), the current Gross Margin % is 25.88% as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Webtoon Entertainment Business Description

Address 5700 Wilshire Boulevard, Suite 220, Los Angeles, CA, USA, 90036
Webtoon Entertainment Inc is a storytelling platform where a vibrant community of creators and users discover, create, and share new content. It has pioneered a cultural movement by revolutionizing storytelling formats and democratizing content creation and publication, connecting creators with active users around the world. Geographically, it generates the majority of its revenue from Japan.
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