WEBTOON Entertainment (WBTN) Operating Margin (2023 - 2026)
WEBTOON Entertainment (WBTN) reported Operating Margin of 2.5% for Q1 2026, up 567.0% on a YoY basis from 0.38% in Q1 2025, and up 37.47% quarter-over-quarter from 4.0% in Q4 2025.
WEBTOON Entertainment (WBTN) Operating Margin (2023 - 2026) Analysis & Trends
WEBTOON Entertainment has reported Operating Margin for 4 years, with the latest figure at 2.5% in Q1 2026.
- For the quarter ending Q1 2026, Operating Margin rose 567.0% year-over-year to 2.5%; the trailing twelve-month figure through Mar 2026 stood at 3.26% (up 724.0% YoY), and the FY2025 full-year result was 4.59%, up 287.0% from the prior year.
- Operating Margin for Q1 2026 stood at 2.5%, up from 4.0% in the prior quarter.
- The five-year high for Operating Margin was 4.34% in Q1 2024, with the low at 24.64% in Q2 2024.
- Historically, Operating Margin has averaged 4.73% across 4 years, with a median of 2.51% in 2025.
- Annual changes were most pronounced in 2024 — Operating Margin slumped 2294 bps — and 2025, when it surged 2213 bps.
- WEBTOON Entertainment's Operating Margin stood at 1.31% in 2023, then tumbled by 499 bps to 7.85% in 2024, then jumped by 49 bps to 4.0% in 2025, then jumped by 37 bps to 2.5% in 2026.
- The last three Operating Margin figures came in at 2.5% (Q1 2026), 4.0% (Q4 2025), and 3.94% (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Nebius | 1,913,603.98 Bn | 1,913,603.98 Bn | 295.20 Mn | -32.08% |
| 2 | Alphabet | 4,425.33 Bn | 4,209.71 Bn | 102.29 Bn | 36.12% |
| 3 | Meta Platforms | 1,502.66 Bn | 1,421.48 Bn | 46.09 Bn | 40.62% |
| 4 | Spotify Technology | 119.69 Bn | 109.44 Bn | 1.75 Bn | 15.77% |
| 5 | 33.22 Bn | 30.45 Bn | 511.94 Mn | 27.57% | |
| 6 | 13.64 Bn | 12.34 Bn | 768.96 Mn | -7.97% | |
| 7 | Kanzhun | 13.02 Bn | 10.92 Bn | 255.62 Bn | 30.14% |
| 8 | Snap | 9.72 Bn | 6.90 Bn | 1.29 Bn | -4.87% |
| 9 | Zillow | 8.26 Bn | 7.48 Bn | 519.00 Mn | 5.08% |
| 10 | WEBTOON Entertainment | 1.53 Bn | 907.76 Mn | 83.05 Mn | -2.50% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -2.50% |
| Dec 31, 2025 | -4.00% |
| Sep 30, 2025 | -3.94% |
| Jun 30, 2025 | -2.52% |
| Mar 31, 2025 | -8.18% |
| Dec 31, 2024 | -7.85% |
| Sep 30, 2024 | -2.32% |
| Jun 30, 2024 | -24.64% |
| Mar 31, 2024 | 4.34% |
| Dec 31, 2023 | -1.31% |
| Sep 30, 2023 | -2.12% |
| Jun 30, 2023 | -1.70% |