WEBTOON Entertainment Inc. (WBTN) Earnings Call Transcripts

WEBTOON Entertainment Inc.'s Latest Earnings Call - May 20, 2026

In the first quarter of fiscal year 2026, WEBTOON Entertainment Inc. reported revenues of $326.4 million, reflecting a 13.9% growth in paid content in Korea. The company is optimistic about achieving double-digit growth by the end of the year, driven by improvements in its creator platform and partnerships, particularly with Disney. Management maintained a cautious approach to near-term profitability, guiding for adjusted EBITDA in Q2 to remain flat, indicating a focus on long-term growth investments.

Reported metrics

Guidance from management

Management aims for double-digit growth by the end of fiscal year 2026, driven by improvements in paid content and strategic partnerships. Q2 adjusted EBITDA is expected to be flat, reflecting ongoing investments in growth initiatives.

What management said

We may be the greatest AI story not told. We believe human creators are the best storytellers but we are using AI for personalization recommendation engines showing up in real results in Korea to protect creators to improve their productivity. We'll talk about it more and more but we are an AI beneficiary. And I think we're set up with our rev share to have a unique ability to partner really quickly with creators to ...

What analysts pressed on

Analysts expressed concerns about the near-term profitability outlook, particularly with the flat adjusted EBITDA guidance for Q2. There were questions regarding the sustainability of growth in Japan and the impact of the Disney partnership on revenue in the short term.

Main topics on the call

• Revenue Growth in Key Markets — WEBTOON reported a 13.9% growth in paid content in Korea, which is critical for overall revenue. Management stated, "Korea plays a really great role. It's a foundation for the company." This growth is expected to continu...
• Expansion in Japan — Japan has become a significant market, contributing $158.7 million in revenue, surpassing Korea's contribution. Management noted, "Japan grew so fast... it is now 48% of the total company revenue," indicating strong pote...
• Creator Ecosystem and Revenue Sharing — WEBTOON has paid out $2.7 billion to creators over five years, reinforcing its commitment to the creator economy. Management emphasized, "Creators really feel aligned to us," highlighting the platform's attractiveness to...
• Partnership with Disney — The partnership with Disney is set to enhance content offerings and expand the user base. Management stated, "We are ready to really grow globally because they would not have picked a partner like us without that belief,...

Read the full WEBTOON Entertainment Inc. transcript (May 20, 2026) → Summary generated from the call transcript; every figure above is stated by management on the record.

Earnings Call History

EarningsCalls.dev has 16 WEBTOON Entertainment Inc. earnings call transcripts on record, spanning August 8, 2024 to August 10, 2026. Based on this history, WEBTOON Entertainment Inc. reports quarterly. The most recent call on file is dated August 10, 2026. The full list is below — each row opens the complete, free-to-read transcript.

Ticker

WBTN

Exchange

NasdaqGS

Country

US

Sector

Communication Services

Industry

Interactive Media and Services

Calls on record

16

First call

August 8, 2024

Most recent

August 10, 2026

Reporting cadence

quarterly