WEBTOON Entertainment (WBTN) Gross Margin (2023 - 2026)
WEBTOON Entertainment (WBTN) recorded Gross Margin of 26.04% in Q2 2026, up 0.98 percentage points from 25.06% a year earlier and up 0.16 percentage points from the prior quarter.
WEBTOON Entertainment (WBTN) Gross Margin (2023 - 2026) Analysis & Trends
On a TTM basis, WEBTOON Entertainment's Gross Margin came in at 24.45% as of Jun 30, 2026, up 0.26 percentage points year-over-year; for FY2025, it was 23.30%, down 1.84 percentage points from FY2024.
- Annual Gross Margin has a three-year change of -1.99 percentage points (FY2022 to FY2025).
- Across earlier years, Gross Margin came in at 25.14% in FY2024 (+2.11 pp), 23.04% in FY2023 (-2.26 pp) and 25.29% in FY2022.
- The Q2 2026 figure is the highest quarterly Gross Margin since Q3 2024.
- On a year-over-year basis, Gross Margin has increased for three consecutive quarters, with an average year-over-year change of +0.19 percentage points over the last eight quarters.
- Peak year-over-year performance for Gross Margin in the last five years was a gain of 3.90 percentage points in Q1 2026, against a drop of 4.37 percentage points in Q3 2025 at the low end.
- Per Business Quant, the preceding three quarters came in at 25.88% (Q1 2026), 24.35% (Q4 2025) and 21.90% (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Alphabet | 4,164.76 Bn | 3,922.28 Bn | 73.85 Bn | 61.65% |
| 2 | Meta Platforms | 1,823.40 Bn | 1,525.92 Bn | 49.47 Bn | 81.37% |
| 3 | Netflix | 288.27 Bn | 248.47 Bn | 6.52 Bn | 51.93% |
| 4 | Alibaba Group Holding | 252.72 Bn | 70.58 Bn | 15.11 Bn | 38.11% |
| 5 | Shopify | 186.52 Bn | 163.71 Bn | 1.71 Bn | 47.67% |
| 6 | Uber Technologies | 139.11 Bn | 111.09 Bn | 6.38 Bn | 44.93% |
| 7 | Booking Holdings | 123.13 Bn | 56.18 Bn | - | - |
| 8 | PDD Holdings | 111.72 Bn | -140.21 Bn | 9.45 Bn | 57.06% |
| 9 | AppLovin | 103.35 Bn | 93.38 Bn | 1.70 Bn | 88.26% |
| 10 | WEBTOON Entertainment | 1.49 Bn | -1.10 Bn | 88.14 Mn | 26.04% |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 26.04% |
| Mar 31, 2026 | 25.88% |
| Dec 31, 2025 | 24.35% |
| Sep 30, 2025 | 21.90% |
| Jun 30, 2025 | 25.06% |
| Mar 31, 2025 | 21.99% |
| Dec 31, 2024 | 23.32% |
| Sep 30, 2024 | 26.27% |
| Jun 30, 2024 | 25.88% |
| Mar 31, 2024 | 25.21% |
| Dec 31, 2023 | 22.87% |
| Sep 30, 2023 | 22.69% |
| Jun 30, 2023 | 25.31% |
WEBTOON Entertainment Gross Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=gross-margin&ticker=WBTN&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "gross-margin", "ticker": "WBTN", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=gross-margin&ticker=WBTN&period=max&api_key=YOUR_API_KEY");
const data = await res.json();