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Midas Edge

WEBTOON Entertainment Inc.

For the period ended Jun 30, 2026. Filed Aug 10, 2026.

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About this filing

A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.

Jun 30, 2026 · Filed Aug 10, 2026

WBTN$9.93+2.7%Stored close · as of Nov 9, 2026

Extracted filing text, with the paragraph anchors used by the comparison.

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Contents

Condensed Consolidated Balance Sheets

As of
June 30,2026December 31,2025
Assets
Current assets:
Cash and cash equivalents$583,145$581,806
Receivables1, net of allowance for credit losses of $1,917 and $3,378 at June 30, 2026, and December 31, 2025, respectively191,311176,779
Prepaid expenses and other current assets, net272,47372,647
Total current assets846,929831,232
Property and equipment, net12,3908,339
Operating lease right-of-use assets22,67423,705
Debt and equity securities65,98669,669
Intangible assets, net144,459157,804
Goodwill, net328,462336,825
Equity method investments75,85980,440
Deferred tax assets24,64122,302
Other non-current assets, net369,02865,194
Total assets$1,590,428$1,595,510
Liabilities and equity
Current liabilities:
Accounts payable4$133,662$136,962
Accrued expenses560,94066,690
Current portion of operating lease liabilities68,1059,617
Contract liabilities103,84189,994
Taxes payable4,0804,136
Provisions and defined pension benefits7,4658,766
Other current liabilities3,4672,457
Total current liabilities321,560318,622
Non-current liabilities:
Long-term operating lease liabilities714,52514,055
Defined severance benefits22,83825,069
Deferred tax liabilities6,1005,755
Other non-current liabilities3,6193,737
Total liabilities$368,642$367,238
Commitments and Contingencies (Note 8)
Redeemable non-controlling interest in subsidiary$24,459$24,540
Stockholders' equity:
Common stock, $0.0001 par value (2,000,000,000 authorized, 135,663,014 shares and 130,776,161 shares issued and outstanding as of June 30, 2026, and December 31, 2025, respectively)$14$13
Additional paid-in capital2,187,7942,137,926
Accumulated other comprehensive loss(145,831)(114,363)
Accumulated deficit(877,827)(853,124)
Total stockholders' equity attributable to WEBTOON Entertainment Inc.1,164,1501,170,452
Non-controlling interests in consolidated subsidiaries33,17733,280
Total equity1,197,3271,203,732
Total liabilities, redeemable non-controlling interest, and equity$1,590,428$1,595,510

  1. Includes amounts due from related parties of $59,283 and $55,156 as of June 30, 2026, and December 31, 2025, respectively. (See Note 15. Related Party Transactions)

  2. Includes amounts due from related parties of $4,881 and $4,730 as of June 30, 2026, and December 31, 2025, respectively. (See Note 15. Related Party Transactions)

  3. Includes amounts due from related parties of $33,529 and $33,913 as of June 30, 2026, and December 31, 2025, respectively. (See Note 15. Related Party Transactions)

  4. Includes amounts due to related parties of $20,010 and $18,765 as of June 30, 2026, and December 31, 2025, respectively. (See Note 15. Related Party Transactions)

  5. Includes amounts due to related parties of $5,898 and $6,849 as of June 30, 2026, and December 31, 2025, respectively. (See Note 15. Related Party Transactions)

  6. Includes amounts due to related parties of $4,866 and $5,221 as of June 30, 2026, and December 31, 2025, respectively. (See Note 15. Related Party Transactions)

  7. Includes amounts due to related parties of $2,714 and $5,371 as of June 30, 2026, and December 31, 2025, respectively. (See Note 15. Related Party Transactions)

The accompanying notes are an integral part of these unaudited Condensed Consolidated Financial Statements.

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The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.