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 Reddit 33.22 Bn 30.45 Bn 511.94 Mn 27.57%
6 Pinterest 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
DateValue
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%