WEBTOON Entertainment Inc. (WBTN) saw its shares soar 62.29% today after delivering a double boost to investors: second quarter 2025 results that topped guidance and a high-profile content deal with Disney.
For Q2, WEBTOON posted $348.3 million in revenue, up 8.5% year-over-year, with growth across paid content, advertising, and IP adaptations. Net loss narrowed sharply to $3.9 million from $76.6 million a year ago, while Adjusted EBITDA came in at $9.7 million (2.8% margin). The company ended the quarter with $581.5 million in cash and no debt.
Looking ahead to Q3, WEBTOON expects constant currency revenue growth between 9.4% and 12.2%, or $380–$390 million, with Adjusted EBITDA between $2.0 million and $7.0 million.
The day’s second catalyst was the announcement of a multi-year collaboration with Disney to bring around 100 comics from Marvel, Star Wars, Disney Studios, and 20th Century Studios to WEBTOON’s vertical-scroll platform. The deal includes both reformatted classics and brand-new original series for mobile audiences, with select episodes free at launch and the rest unlockable via WEBTOON Coins.
With approximately 155 million monthly active users, WEBTOON is positioning itself as a digital destination for both original and franchise-based comics.
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