WEBTOON Entertainment (WBTN) Gross Margin (2023 - 2026)

WEBTOON Entertainment's (WBTN) quarterly Gross Margin came in at 25.88% in Q1 2026, up 390.0% YoY from 5.28% in Q1 2025, and up 6.3% on a QoQ basis from 24.35% in Q4 2025.

WEBTOON Entertainment (WBTN) Gross Margin (2023 - 2026) Analysis & Trends

WEBTOON Entertainment (WBTN) has 4 years of Gross Margin data on file, last reported at 25.88% in Q1 2026.

  • Quarterly Gross Margin rose 390.0% year-over-year to 25.88% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 59.78% (up 180.0% YoY) and the FY2025 annual result came in at 23.3%, down 6871.0% from the prior year.
  • Gross Margin climbed to 25.88% in Q1 2026, from 24.35% in the prior quarter.
  • In the past five years, Gross Margin ranged from a high of 282.15% in Q4 2023 to a low of 21.99% in Q1 2025.
  • A 4-year average of 74.0% and a median of 58.48% in 2024 frame the typical range for Gross Margin.
  • The widest YoY moves for Gross Margin: up 6739 bps in 2024, down 19126 bps in 2024.
  • Tracing WBTN's Gross Margin over 4 years: stood at 282.15% in 2023, then tumbled by 68 bps to 90.89% in 2024, then tumbled by 73 bps to 24.35% in 2025, then gained by 6 bps to 25.88% in 2026.
  • The last three Gross Margin figures came in at 25.88% (Q1 2026), 24.35% (Q4 2025), and 90.7% (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Gross Margin (Qtr)
1 Alphabet 4,165.61 Bn 3,736.57 Bn 73.85 Bn 61.65%
2 Meta Platforms 1,523.46 Bn 1,433.20 Bn 49.47 Bn 81.37%
3 Taboola.com 1,141.85 Bn 1,141.71 Bn 139.48 Mn 29.25%
4 Baidu 288.34 Bn 283.85 Bn 1.88 Mn 0.04%
5 Spotify Technology 103.44 Bn 93.20 Bn 1.75 Bn 32.98%
6 Joyy 77.39 Bn 76.50 Bn 205.64 Mn 35.34%
7 BILI Social International 60.58 Bn 60.58 Bn 405,933.00 75.52%
8 Nebius 50.20 Bn 40.57 Bn 295.20 Mn 73.98%
9 Reddit 30.00 Bn 27.22 Bn 734.60 Mn 91.27%
10 WEBTOON Entertainment 1.18 Bn 517.31 Mn 83.05 Mn 25.88%

Historic Data

Download Data
DateValue
Mar 31, 2026 25.88%
Dec 31, 2025 24.35%
Sep 30, 2025 90.70%
Jun 30, 2025 91.08%
Mar 31, 2025 21.99%
Dec 31, 2024 90.89%
Sep 30, 2024 26.27%
Jun 30, 2024 92.69%
Mar 31, 2024 94.04%
Dec 31, 2023 282.15%
Sep 30, 2023 22.69%
Jun 30, 2023 25.31%