WEBTOON reported FY 2025 revenue of USD 1.4 billion (+2.5%), with Paid Content revenue of USD 1.1 billion (+0.4%), Advertising revenue of USD 164.3 million (-1.1%), and IP Adaptations revenue of USD 131.0 million (+31.8%). FY 2025 operating loss was USD 63.5 million (36.9% improvement), while net loss widened to USD 373.4 million (+144.2%) and loss before income tax was USD 389.4 million (+160.8%), primarily reflecting impairment losses on goodwill and other intangible assets of USD 336.5 million (4.8x). FY 2025 Adjusted EBITDA was USD 19.4 million, versus an FY 2025 EBITDA of USD 373.1 million loss; interest income was USD 19.2 million (+21.2%) and interest expense was USD 0.1 million. FY 2025 net cash provided by operating activities was USD 11.2 million, and WEBTOON ended FY 2025 with USD 581.8 million in cash and cash equivalents. Operationally, WEBTOON said global MAU was approximately 157 million at year-end 2025 (-7.1%), with Korea MAU of approximately 24 million, Japan MAU of 23 million, and Rest of World MAU of approximately 110 million. Global MPU reached 7.5 million with a paying ratio of 4.8%, and Paid Content ARPPU was USD 12.1 (+3.5%). The company highlighted a methodology change for Korea MAU starting January 1, 2025; noted Rest of World MAU pressure from government bans on Wattpad in certain countries and a Wattpad security upgrade that unintentionally affected search engine indexing (reported as fully resolved by year-end 2025); and said Japan growth benefited from eBookJapan marketing investments and ongoing optimization of AI-based personalized recommendations, with infrastructure investments expected to be completed by the end of Q1 2026.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Webtoon Entertainment Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001997859-26-000028), on March 05, 2026, and is solely responsible for the information contained therein.