Skip to main content
Midas Edge

WEBTOON Entertainment Inc.

For the period ended Sep 30, 2026. Filed Nov 9, 2026.

View on SEC.gov

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.

Sep 30, 2026 · Filed Nov 9, 2026

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

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

See the whole filing, with its images and exhibits
Contents

Condensed Consolidated Balance Sheets

As of
September 30,2026December 31,2025
Assets
Current assets:
Cash and cash equivalents$548,438$581,806
Receivables1, net of allowance for credit losses of $2,654 and $3,378 at September 30, 2026, and December 31, 2025, respectively212,613176,779
Prepaid expenses and other current assets, net294,05372,647
Total current assets855,104831,232
Property and equipment, net17,3518,339
Operating lease right-of-use assets21,63323,705
Debt and equity securities73,89969,669
Intangible assets, net146,186157,804
Goodwill, net341,188336,825
Equity method investments128,74980,440
Deferred tax assets25,73722,302
Other non-current assets, net359,51865,194
Total assets$1,669,365$1,595,510
Liabilities and equity
Current liabilities:
Accounts payable4$141,516$136,962
Accrued expenses563,19866,690
Current portion of operating lease liabilities69,4599,617
Contract liabilities101,44589,994
Taxes payable3,4574,136
Provisions and defined pension benefits16,7408,766
Other current liabilities3,1112,457
Total current liabilities338,926318,622
Non-current liabilities:
Long-term portion of operating lease liabilities715,73914,055
Defined severance benefits24,60525,069
Deferred tax liabilities10,1535,755
Other non-current liabilities3,7793,737
Total liabilities$393,202$367,238
Commitments and Contingencies (Note 8)
Redeemable non-controlling interest in subsidiary$26,135$24,540
Stockholders' equity:
Common stock, $0.0001 par value (2,000,000,000 authorized, 135,730,939 shares and 130,776,161 shares issued and outstanding as of September 30, 2026, and December 31, 2025, respectively)$14$13
Additional paid-in capital2,194,6472,137,926
Accumulated other comprehensive loss(93,701)(114,363)
Accumulated deficit(886,197)(853,124)
Total stockholders' equity attributable to WEBTOON Entertainment Inc.1,214,7631,170,452
Non-controlling interests in consolidated subsidiaries35,26533,280
Total equity1,250,0281,203,732
Total liabilities, redeemable non-controlling interest, and equity$1,669,365$1,595,510

  1. Includes amounts due from related parties of $66,775 and $55,156 as of September 30, 2026, and December 31, 2025, respectively. (See Note 15. Related Party Transactions)

  2. Includes amounts due from related parties of $9,626 and $4,730 as of September 30, 2026, and December 31, 2025, respectively. (See Note 15. Related Party Transactions)

  3. Includes amounts due from related parties of $32,295 and $33,913 as of September 30, 2026, and December 31, 2025, respectively. (See Note 15. Related Party Transactions)

  4. Includes amounts due to related parties of $21,224 and $18,765 as of September 30, 2026, and December 31, 2025, respectively. (See Note 15. Related Party Transactions)

  5. Includes amounts due to related parties of $6,699 and $6,849 as of September 30, 2026, and December 31, 2025, respectively. (See Note 15. Related Party Transactions)

  6. Includes amounts due to related parties of $5,223 and $5,221 as of September 30, 2026, and December 31, 2025, respectively. (See Note 15. Related Party Transactions)

  7. Includes amounts due to related parties of $2,057 and $5,371 as of September 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.

ContentsView on SEC.gov

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