| Loss per share |
Loss per share Basic earnings (loss) per share is computed using the weighted-average number of outstanding shares of common stock during the period, including vested restricted stock units ("RSUs"). Diluted earnings (loss) per share is computed using the weighted average number of outstanding shares of common stock and potentially dilutive common shares outstanding during the period. Potentially dilutive common shares consist of incremental shares issuable upon the assumed exercise of stock options and vesting of unvested RSUs and PSUs. Diluted earnings (loss) per share also reflects the effect of dilutive securities issued by the Company’s subsidiaries and equity method investees, which are settled in shares of the respective entity and, if dilutive, are included as an adjustment to the numerator rather than the share count. The following table sets forth the computation of basic and diluted earnings (loss) per share for the three and six months ended June 30, 2026, and 2025, respectively, (in thousands of USD, except share and per share amounts): | | | | | | | | | | | | | | | | | | | | | | | | | Three Months Ended | | Six Months Ended | | June 30, 2026 | | June 30, 2025 | | June 30, 2026 | | June 30, 2025 | | Basic earnings (loss) per share: | | | | | | | | | Net income (loss) attributable to WEBTOON Entertainment Inc. | $ | (15,248) | | | $ | (4,326) | | | $ | (24,703) | | | $ | (26,715) | | Add: allocation to subsidiary / equity method investee participating security 1 | (39) | | | (38) | | | (146) | | | (125) | | | Net income (loss) attributable to WEBTOON Entertainment Inc. common shareholders | $ | (15,287) | | | $ | (4,364) | | | $ | (24,849) | | | $ | (26,840) | | | Shares used in computation: | | | | | | | | | Weighted-average common shares outstanding | 135,250,711 | | 130,358,706 | | 134,439,157 | | 129,980,922 | | Basic earnings (loss) per share: | $ | (0.11) | | | $ | (0.03) | | | $ | (0.18) | | | $ | (0.21) | | | Diluted earnings (loss) per share: | | | | | | | | | Net income (loss) attributable to WEBTOON Entertainment Inc. common shareholders | $ | (15,287) | | | $ | (4,364) | | | $ | (24,849) | | | $ | (26,840) | | | Subsidiary and equity method investee earnings adjustment for dilutive securities | — | | | (3) | | | — | | | (7) | | | Diluted net income (loss) attributable to WEBTOON Entertainment Inc. common shareholders | $ | (15,287) | | | $ | (4,367) | | | $ | (24,849) | | | $ | (26,847) | | | Shares used in computation: | | | | | | | | | Weighted-average common shares outstanding | 135,250,711 | | 130,358,706 | | 134,439,157 | | 129,980,922 | | Dilutive effect of stock options and unvested RSUs | — | | — | | — | | — | Dilutive effect of unvested PSUs | — | | — | | — | | — | | Diluted weighted-average common shares outstanding | 135,250,711 | | 130,358,706 | | 134,439,157 | | 129,980,922 | | Diluted earnings (loss) per share | $ | (0.11) | | | $ | (0.03) | | | $ | (0.18) | | | $ | (0.21) | |
___________________________________________________________________________ 1.Represents net income/(loss) allocable to Jakga Company Inc. ("Jakga") redeemable convertible preferred stock which is a participating security per ASC 260. The following potentially dilutive outstanding securities were excluded from the computation of diluted net earnings (loss) per share because their effect would have been anti-dilutive for the periods presented, or issuance of such shares is contingent upon the satisfaction of certain conditions which were not satisfied by the end of the period: | | | | | | | | | | | | | | | | | | | | | | | | | Three Months Ended | | Six Months Ended | | June 30, 2026 | | June 30, 2025 | | June 30, 2026 | | June 30, 2025 | | Stock options | 10,305,297 | | 10,753,510 | | 10,305,297 | | 10,753,510 | | Unvested RSUs | 3,373,326 | | 3,417,189 | | 3,373,326 | | 3,417,189 | Unvested PSUs | 267,720 | | — | | 267,720 | | — | | Total | 13,946,343 | | 14,170,699 | | 13,946,343 | | 14,170,699 |
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