WEBTOON Entertainment (WBTN) Cost of Revenue (2023 - 2026)

WEBTOON Entertainment has reported Cost of Revenue for 4 years, with the latest figure at $237.8 million in Q1 2026.

• For the quarter ending Q1 2026, Cost of Revenue fell 6.4% year-over-year to $237.8 million; the trailing twelve-month figure through Mar 2026 stood at $109.9 million (up 134.25% YoY), and the FY2025 full-year result was $126.1 million, up 17.04% from the prior year.
• Cost of Revenue for Q1 2026 stood at $237.8 million, up from -$684.2 million in the prior quarter.
• The five-year high for Cost of Revenue was $891.8 million in Q4 2023, with the low at -$684.2 million in Q4 2025.
• Historically, Cost of Revenue has averaged $98.8 million across 4 years, with a median of $238.7 million in 2023.
• Annual changes were most pronounced in 2024 — Cost of Revenue tumbled 170.76% — and 2025, when it jumped 1204.53%.
• WEBTOON Entertainment's Cost of Revenue stood at $891.8 million in 2023, then plunged by 170.76% to -$631.1 million in 2024, then declined by 8.42% to -$684.2 million in 2025, then jumped by 134.76% to $237.8 million in 2026.
• The last three Cost of Revenue figures came in at $237.8 million (Q1 2026), -$684.2 million (Q4 2025), and $295.3 million (Q3 2025), per Business Quant data.