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 | 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| Date | Value |
|---|---|
| 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% |