What is WEBTOON Entertainment Inc.'s contract assets?

WEBTOON Entertainment Inc. (WBTN) reported contract assets of $31.9M in Q1 2026.

How has WEBTOON Entertainment Inc.'s contract assets changed year-over-year?

WEBTOON Entertainment Inc.'s contract assets decreased by 3.3% year-over-year, from $33M to $31.9M.

What does contract assets mean?

Revenue recognized under ASC 606 where the right to payment is conditional on something other than the passage of time — work performed but not yet billable.

WEBTOON Entertainment Inc. WBTN Contract Assets

Contract Assets at other companies

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$3.3M—

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$22.86M-54.9%

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$5.7M+429%

Dolby Laboratories, Inc.DLB

$239.01M+3.7%

GXO LogisticsGXO

$32M0.0%

Other financials

Income statement

See full

Revenue$320.9M-1.5%

Gross profit$83.0M+16.0%

Operating income-$8.0M+69.8%

Net income-$9.5M+57.8%

EPS (diluted)-$0.07+58.8%

Balance sheet

See full

Cash & equivalents$594.9M+8.1%

Total debt$20.4M-26.8%

Total equity$1.2B-19.7%

Total assets$1.6B-17.7%

Cash flow

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Operating cash flow-$11.8M+36.5%

CapEx$3.1M+487%

Free cash flow-$15.0M+21.9%

Valuation

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Market cap$1.48B+36.4%

Enterprise value$910.38M+60.8%

P/S1.1×+0.3×

Profitability

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Gross margin24.2%-0.2pp

Operating margin-3.3%-1.3pp

Net margin-24.2%+191pp

FCF margin-13.3%—

Returns & leverage

See full

Return on equity-25.2%-4,243pp

Debt / equity0×0.0×

Current ratio2.7×+0.1×

Where this comes from

Reported directly by WEBTOON Entertainment Inc. in its filing.

Tagged under the XBRL concept us-gaap:ContractWithCustomerAssetNetCurrent.

The official record: WEBTOON Entertainment Inc.’s 10-Q, filed May 11, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is WEBTOON Entertainment Inc.'s contract assets?: WEBTOON Entertainment Inc. (WBTN) reported contract assets of $31.9M in Q1 2026.
How has WEBTOON Entertainment Inc.'s contract assets changed year-over-year?: WEBTOON Entertainment Inc.'s contract assets decreased by 3.3% year-over-year, from $33M to $31.9M.
What does contract assets mean?: Revenue recognized under ASC 606 where the right to payment is conditional on something other than the passage of time — work performed but not yet billable.