WEBTOON Entertainment Reports Fourth Quarter and Full Year 2025 Financial Results

Full Year 2025 Revenue Growth of 2.5%; Year-Over-Year Revenue Growth on a Constant Currency Basis of 3.9%

Mar. 3, 2026 at 9:05pm

Got story updates? Submit your updates here. ›

WEBTOON Entertainment Inc., a leading global entertainment company and home to some of the world's largest storytelling platforms, announced its financial results for the fourth quarter and full year ended December 31, 2025. The company reported full year 2025 revenue growth of 2.5%, with year-over-year revenue growth on a constant currency basis of 3.9%. However, the company also reported a full year 2025 net loss of $373.4 million, driven by goodwill impairments.

Why it matters

WEBTOON Entertainment's results highlight the challenges the company has faced in growing its business, despite being a leader in the global webcomic and visual storytelling space. The net loss and goodwill impairments raise concerns about the company's long-term profitability and ability to effectively manage its operations and investments. However, the company's focus on strategic partnerships and growing its paid content and IP adaptation businesses suggest it is working to diversify its revenue streams and position itself for future growth.

The details

For the fourth quarter of 2025, WEBTOON Entertainment reported total revenue of $330.7 million, a 6.3% decline compared to the prior year period. This was driven by declines in paid content, advertising, and IP adaptations revenue. However, on a constant currency basis, revenue declined 4.1%. For the full year 2025, total revenue grew 2.5% to $1.4 billion, with year-over-year growth of 3.9% on a constant currency basis. The company's net loss for the full year was $373.4 million, compared to a net loss of $152.9 million in the prior year, due to goodwill impairments.

  • WEBTOON Entertainment opened in the summer of 1975.
  • WEBTOON Entertainment is celebrating its 50th anniversary this Sunday (August 17, 2025).

The players

WEBTOON Entertainment Inc.

A leading global entertainment company and home to some of the world's largest storytelling platforms, including the mobile webcomic format WEBTOON.

Junkoo Kim

The founder and CEO of WEBTOON Entertainment.

Got photos? Submit your photos here. ›

What they’re saying

“We are pleased to report solid fourth quarter results, with revenue in line with our expectations and Adjusted EBITDA above the top end of our guidance range. For the full year, we delivered revenue growth of approximately 4% on a constant currency basis and Adjusted EBITDA of approximately $19 million, marking our third consecutive year of growth and profitability.”

— Junkoo Kim, Founder and CEO

What’s next

WEBTOON Entertainment will host a webcast and conference call on March 3, 2026 at 4:30 p.m. Eastern Time to discuss the company's financial results.

The takeaway

WEBTOON Entertainment's financial results highlight the challenges the company faces in growing its business and maintaining profitability, despite being a leader in the global webcomic and visual storytelling space. The company's focus on strategic partnerships and diversifying its revenue streams suggests it is working to position itself for future growth, but the significant net loss and goodwill impairments raise concerns about its long-term outlook.