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

WEBTOON Entertainment (WBTN) has reported Cost of Revenue for 4 consecutive years, with $237.8 million the latest figure, recorded in Q1 2026.

• Cost of Revenue for Q1 2026 came in at $237.8 million, down 6.4% year-over-year; the trailing twelve-month figure through Mar 2026 was $109.9 million (up 134.25% YoY), and the FY2025 annual result was $126.1 million, up 17.04% from the prior year.
• Cost of Revenue was $237.8 million for Q1 2026 at WEBTOON Entertainment, up from -$684.2 million in the prior quarter.
• Over five years, Cost of Revenue peaked at $891.8 million in Q4 2023 and troughed at -$684.2 million in Q4 2025.
• Average Cost of Revenue over 4 years is $98.8 million, with a median of $238.7 million recorded in 2023.
• Year-over-year, Cost of Revenue sank 170.76% in 2024 and soared 1204.53% in 2025.
• Over 4 years, Cost of Revenue stood at $891.8 million in 2023, then tumbled by 170.76% to -$631.1 million in 2024, then decreased by 8.42% to -$684.2 million in 2025, then jumped by 134.76% to $237.8 million in 2026.
• Per Business Quant data, the three most recent Cost of Revenue figures were $237.8 million in Q1 2026, -$684.2 million in Q4 2025, and $295.3 million in Q3 2025.