WEBTOON Entertainment (WBTN) Operating Expenses (2023 - 2026)
WEBTOON Entertainment (WBTN) reported Operating Expenses of $60.6 million for Q1 2026, down 9.21% on a YoY basis from $66.7 million in Q1 2025, and down 7.38% quarter-over-quarter from $65.4 million in Q4 2025.
WEBTOON Entertainment (WBTN) Operating Expenses (2023 - 2026) Analysis & Trends
WEBTOON Entertainment has reported Operating Expenses for 4 years, with the latest figure at $60.6 million in Q1 2026.
- For the quarter ending Q1 2026, Operating Expenses fell 9.21% year-over-year to $60.6 million; the trailing twelve-month figure through Mar 2026 stood at $253.4 million (down 27.6% YoY), and the FY2025 full-year result was $259.5 million, down 21.82% from the prior year.
- Operating Expenses for Q1 2026 stood at $60.6 million, down from $65.4 million in the prior quarter.
- The five-year high for Operating Expenses was $138.7 million in Q2 2024, with the low at $45.8 million in Q3 2023.
- Historically, Operating Expenses has averaged $67.2 million across 4 years, with a median of $63.7 million in 2025.
- Annual changes were most pronounced in 2024 — Operating Expenses soared 159.41% — and 2025, when it sank 53.16%.
- WEBTOON Entertainment's Operating Expenses stood at $55.1 million in 2023, then jumped by 41.15% to $77.8 million in 2024, then decreased by 16.0% to $65.4 million in 2025, then slipped by 7.38% to $60.6 million in 2026.
- The last three Operating Expenses figures came in at $60.6 million (Q1 2026), $65.4 million (Q4 2025), and $62.5 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Nebius | 1,913,603.98 Bn | 1,913,603.98 Bn | 295.20 Mn | 527.00 Mn |
| 2 | Alphabet | 4,425.33 Bn | 4,209.71 Bn | 102.29 Bn | 70.20 Bn |
| 3 | Meta Platforms | 1,502.66 Bn | 1,421.48 Bn | 46.09 Bn | 33.44 Bn |
| 4 | Spotify Technology | 119.69 Bn | 109.44 Bn | 1.75 Bn | 512.79 Mn |
| 5 | 33.22 Bn | 30.45 Bn | 511.94 Mn | 480.50 Mn | |
| 6 | 13.64 Bn | 12.34 Bn | 768.96 Mn | 1.09 Bn | |
| 7 | Kanzhun | 13.02 Bn | 10.92 Bn | 255.62 Bn | -209.66 Bn |
| 8 | Snap | 9.72 Bn | 6.90 Bn | 1.29 Bn | 1.60 Bn |
| 9 | Zillow | 8.26 Bn | 7.48 Bn | 519.00 Mn | 483.00 Mn |
| 10 | WEBTOON Entertainment | 1.53 Bn | 907.76 Mn | 83.05 Mn | 60.56 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 60.56 Mn |
| Dec 31, 2025 | 65.38 Mn |
| Sep 30, 2025 | 62.49 Mn |
| Jun 30, 2025 | 64.97 Mn |
| Mar 31, 2025 | 66.70 Mn |
| Dec 31, 2024 | 77.84 Mn |
| Sep 30, 2024 | 66.75 Mn |
| Jun 30, 2024 | 138.71 Mn |
| Mar 31, 2024 | 48.69 Mn |
| Dec 31, 2023 | 55.15 Mn |
| Sep 30, 2023 | 45.78 Mn |
| Jun 30, 2023 | 53.47 Mn |