WEBTOON Entertainment Q3 revenue misses estimates

Webtoon Entertainment

12/11/2025 21:37

Overview

WEBTOON Q3 revenue grows 8.7% yr/yr but misses analyst expectations

Adjusted EPS for Q3 beats analyst expectations

Company announced partnership with Warner Bros. Animation for co-production of projects

Outlook

Company expects Q4 revenue decline of 5.1%-2.3% on constant currency basis

WEBTOON projects Q4 revenue between $330 mln and $340 mln

Company anticipates Q4 adjusted EBITDA loss of $6.5 mln to $1.5 mln

Result Drivers

PAID CONTENT AND IP ADAPTATIONS - Revenue growth driven by increases in Paid Content and IP Adaptations, despite a decline in Advertising

PRODUCT INNOVATION - New storytelling formats and successful IP adaptations contributed to growth

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q3 Revenue
Miss
$378.04 mln
$385.08 mln (6 Analysts)
Q3 Adjusted EPS
Beat
$0.04
-$0.12 (6 Analysts)
Q3 EPS
-$0.09
Q3 Net Income
-$11.05 mln
Q3 Operating Income
-$14.88 mln


Analyst Coverage

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 5 "strong buy" or "buy", 3 "hold" and no "sell" or "strong sell"

The average consensus recommendation for the online services peer group is "buy"

Wall Street's median 12-month price target for Webtoon Entertainment Inc is $23.00, about 28.3% above its November 11 closing price of $16.48

Press Release: ID:nGNX8qtmLV

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com.

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)