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Side-by-side financial comparison of Fox Corporation (Class A) (FOXA) and WEBTOON Entertainment Inc. (WBTN). Click either name above to swap in a different company.

Fox Corporation (Class A) is the larger business by last-quarter revenue ($5.2B vs $330.7M, roughly 15.7× WEBTOON Entertainment Inc.). Fox Corporation (Class A) runs the higher net margin — 4.8% vs -93.0%, a 97.8% gap on every dollar of revenue. WEBTOON Entertainment Inc. produced more free cash flow last quarter ($7.0M vs $-791.0M).

Fox Corporation, commonly known as Fox Corp or Fox, is an American multinational mass media company headquartered at 1211 Avenue of the Americas in Midtown Manhattan with offices also in Burbank, California. Named after William Fox and incorporated in Delaware, it was formed as a spin-off of 21st Century Fox's television broadcasting, news, and sports assets on March 19, 2019. 21CF went defunct the next day. The company is controlled by Lachlan Murdoch through a family trust with 36% voting s...

Webtoon is a South Korean-American webtoon platform launched in 2004 by Naver Corporation, providing hosting for webtoons and compact digital comics. The platform, controlled by Naver and the Naver-SoftBank Group joint venture LY Corporation through a Delaware-domiciled, Los Angeles, California-headquartered holding company Webtoon Entertainment Inc., is free and can be found both on the web at Webtoons.com and on mobile devices available for both Android and iOS.

FOXA vs WBTN — Head-to-Head

Bigger by revenue
FOXA
FOXA
15.7× larger
FOXA
$5.2B
$330.7M
WBTN
Higher net margin
FOXA
FOXA
97.8% more per $
FOXA
4.8%
-93.0%
WBTN
More free cash flow
WBTN
WBTN
$798.0M more FCF
WBTN
$7.0M
$-791.0M
FOXA

Income Statement — Q2 2026 vs Q4 2025

Metric
FOXA
FOXA
WBTN
WBTN
Revenue
$5.2B
$330.7M
Net Profit
$247.0M
$-307.6M
Gross Margin
24.3%
Operating Margin
6.2%
-4.0%
Net Margin
4.8%
-93.0%
Revenue YoY
2.0%
Net Profit YoY
-36.3%
EPS (diluted)
$0.52
$-2.37

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
FOXA
FOXA
WBTN
WBTN
Q4 25
$5.2B
$330.7M
Q3 25
$3.7B
$378.0M
Q2 25
$3.3B
$348.3M
Q1 25
$4.4B
$325.7M
Q4 24
$5.1B
Q3 24
$3.6B
$347.9M
Q2 24
$3.1B
$321.0M
Q1 24
$3.4B
Net Profit
FOXA
FOXA
WBTN
WBTN
Q4 25
$247.0M
$-307.6M
Q3 25
$609.0M
$-11.6M
Q2 25
$719.0M
$-4.3M
Q1 25
$354.0M
$-22.4M
Q4 24
$388.0M
Q3 24
$832.0M
$19.8M
Q2 24
$320.0M
$-76.9M
Q1 24
$704.0M
Gross Margin
FOXA
FOXA
WBTN
WBTN
Q4 25
24.3%
Q3 25
21.9%
Q2 25
25.1%
Q1 25
22.0%
Q4 24
Q3 24
26.3%
Q2 24
25.9%
Q1 24
Operating Margin
FOXA
FOXA
WBTN
WBTN
Q4 25
6.2%
-4.0%
Q3 25
21.4%
-3.9%
Q2 25
29.2%
-2.5%
Q1 25
10.8%
-8.2%
Q4 24
10.1%
Q3 24
31.2%
-2.3%
Q2 24
14.6%
-24.6%
Q1 24
27.9%
Net Margin
FOXA
FOXA
WBTN
WBTN
Q4 25
4.8%
-93.0%
Q3 25
16.3%
-3.1%
Q2 25
21.9%
-1.2%
Q1 25
8.1%
-6.9%
Q4 24
7.6%
Q3 24
23.3%
5.7%
Q2 24
10.3%
-24.0%
Q1 24
20.4%
EPS (diluted)
FOXA
FOXA
WBTN
WBTN
Q4 25
$0.52
$-2.37
Q3 25
$1.32
$-0.09
Q2 25
$1.57
$-0.03
Q1 25
$0.75
$-0.17
Q4 24
$0.81
Q3 24
$1.78
$0.15
Q2 24
$0.68
$-0.70
Q1 24
$1.40

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
FOXA
FOXA
WBTN
WBTN
Cash + ST InvestmentsLiquidity on hand
$581.8M
Total DebtLower is stronger
Stockholders' EquityBook value
$10.9B
$1.2B
Total Assets
$21.5B
$1.6B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
FOXA
FOXA
WBTN
WBTN
Q4 25
$581.8M
Q3 25
$584.6M
Q2 25
$581.5M
Q1 25
$550.1M
Q4 24
Q3 24
$585.5M
Q2 24
$572.3M
Q1 24
Total Debt
FOXA
FOXA
WBTN
WBTN
Q4 25
Q3 25
$6.6B
Q2 25
$6.6B
Q1 25
$7.2B
Q4 24
$7.2B
Q3 24
$7.2B
Q2 24
$7.2B
Q1 24
$7.2B
Stockholders' Equity
FOXA
FOXA
WBTN
WBTN
Q4 25
$10.9B
$1.2B
Q3 25
$12.2B
$1.5B
Q2 25
$12.0B
$1.5B
Q1 25
$11.5B
$1.5B
Q4 24
$11.5B
Q3 24
$11.3B
$1.6B
Q2 24
$10.7B
$1.5B
Q1 24
$10.6B
Total Assets
FOXA
FOXA
WBTN
WBTN
Q4 25
$21.5B
$1.6B
Q3 25
$22.8B
$2.0B
Q2 25
$23.2B
$2.0B
Q1 25
$23.4B
$1.9B
Q4 24
$23.0B
Q3 24
$22.5B
$2.1B
Q2 24
$22.0B
$2.0B
Q1 24
$21.7B
Debt / Equity
FOXA
FOXA
WBTN
WBTN
Q4 25
Q3 25
0.54×
Q2 25
0.55×
Q1 25
0.62×
Q4 24
0.63×
Q3 24
0.64×
Q2 24
0.67×
Q1 24
0.68×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
FOXA
FOXA
WBTN
WBTN
Operating Cash FlowLast quarter
$-669.0M
$7.6M
Free Cash FlowOCF − Capex
$-791.0M
$7.0M
FCF MarginFCF / Revenue
-15.3%
2.1%
Capex IntensityCapex / Revenue
2.4%
0.2%
Cash ConversionOCF / Net Profit
-2.71×
TTM Free Cash FlowTrailing 4 quarters
$2.3B
$3.6M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
FOXA
FOXA
WBTN
WBTN
Q4 25
$-669.0M
$7.6M
Q3 25
$-130.0M
$16.5M
Q2 25
$1.5B
$5.7M
Q1 25
$2.0B
$-18.7M
Q4 24
$-362.0M
Q3 24
$158.0M
$4.1M
Q2 24
$899.0M
Q1 24
$1.5B
Free Cash Flow
FOXA
FOXA
WBTN
WBTN
Q4 25
$-791.0M
$7.0M
Q3 25
$-234.0M
$11.8M
Q2 25
$1.4B
$3.9M
Q1 25
$1.9B
$-19.2M
Q4 24
$-436.0M
Q3 24
$94.0M
$3.5M
Q2 24
$787.0M
Q1 24
$1.4B
FCF Margin
FOXA
FOXA
WBTN
WBTN
Q4 25
-15.3%
2.1%
Q3 25
-6.3%
3.1%
Q2 25
42.4%
1.1%
Q1 25
44.4%
-5.9%
Q4 24
-8.6%
Q3 24
2.6%
1.0%
Q2 24
25.5%
Q1 24
40.4%
Capex Intensity
FOXA
FOXA
WBTN
WBTN
Q4 25
2.4%
0.2%
Q3 25
2.8%
1.2%
Q2 25
3.6%
0.5%
Q1 25
1.7%
0.2%
Q4 24
1.5%
Q3 24
1.8%
0.2%
Q2 24
3.6%
Q1 24
2.4%
Cash Conversion
FOXA
FOXA
WBTN
WBTN
Q4 25
-2.71×
Q3 25
-0.21×
Q2 25
2.10×
Q1 25
5.69×
Q4 24
-0.93×
Q3 24
0.19×
0.21×
Q2 24
2.81×
Q1 24
2.10×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

FOXA
FOXA

Television Segment$2.9B57%
Distribution$1.2B22%
Other$621.0M12%
Advertising$491.0M9%

WBTN
WBTN

Other$158.3M48%
KR$125.7M38%
IP Adaptations$25.4M8%
Related Party$21.3M6%

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