WEBTOON Entertainment (WBTN) reported second-quarter 2026 revenue of $338.5 million, down 2.8% from the prior year. Revenue on a constant currency basis was $366.4 million, up 5.2%.
The company reported a net loss of $14.6 million, compared with a net loss of $3.9 million a year earlier. Diluted loss per share was $0.11, compared with $0.03 in the prior-year period.
- Adjusted EBITDA was $5.5 million, compared with $9.7 million a year earlier.
- Cash and cash equivalents were approximately $583.1 million, with no debt.
- Advertising revenue grew, while Paid Content and IP Adaptations declined.
- For the third quarter of 2026, the company expects revenue of $358 million to $368 million based on current FX rates.
- WEBTOON also announced a definitive agreement to make a strategic investment in RI Games Holdings Inc.
$WBTN Hedge Fund Activity
We have seen 57 institutional investors add shares of $WBTN stock to their portfolio, and 35 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- FMR LLC added 957,478 shares (+6.8%) to their portfolio in Q1 2026, for an estimated $8,799,222
- BLACKROCK, INC. added 398,942 shares (+26.7%) to their portfolio in Q2 2026, for an estimated $4,555,917
- GOLDMAN SACHS GROUP INC added 396,096 shares (+298.1%) to their portfolio in Q1 2026, for an estimated $3,640,122
- FRANKLIN RESOURCES INC added 333,571 shares (+inf%) to their portfolio in Q1 2026, for an estimated $3,065,517
- MILLENNIUM MANAGEMENT LLC added 261,642 shares (+137.0%) to their portfolio in Q1 2026, for an estimated $2,404,489
- MORGAN STANLEY removed 203,497 shares (-13.5%) from their portfolio in Q1 2026, for an estimated $1,870,137
- EXODUSPOINT CAPITAL MANAGEMENT, LP added 171,025 shares (+88.7%) to their portfolio in Q1 2026, for an estimated $1,571,719
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard. You can access data on hedge funds moves and 13F filings through the Quiver Quantitative API 13F endpoint.
