Webtoon Entertainment publishes Q3 2026 earnings call transcript
WBTN•WBTN•WBTN•WBTN•Webtoon Entertainment forecast fourth-quarter revenue of $371 million to $381 million, with constant-currency growth of 9% to 12%. Third-quarter revenue fell 4% to $362.8 million, while adjusted EBITDA declined to $2.2 million from $5.1 million.
Management forecast fourth-quarter revenue of $371 million to $381 million, representing constant-currency growth of 9% to 12%. It cited Korean paid content, advertising and deferred IP adaptation revenue as expected growth sources; acquired gaming revenue contributes minimally to the guidance.
Third-quarter revenue fell 4% to $362.8 million, and adjusted EBITDA declined to $2.2 million from $5.1 million.
Management expects Japanese paid content revenue to show a narrower year-over-year decline and plans to invest JPY 10 billion in local content over three years.
