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Side-by-side financial comparison of Interpublic Group of Companies (The) (IPG) and WEBTOON Entertainment Inc. (WBTN). Click either name above to swap in a different company.

Interpublic Group of Companies (The) is the larger business by last-quarter revenue ($2.1B vs $330.7M, roughly 6.5× WEBTOON Entertainment Inc.). Interpublic Group of Companies (The) runs the higher net margin — 5.8% vs -93.0%, a 98.8% gap on every dollar of revenue. Interpublic Group of Companies (The) produced more free cash flow last quarter ($153.6M vs $7.0M).

The Interpublic Group of Companies, Inc. (IPG) was an American advertising company based in New York City. It consisted of the five major networks FCB, IPG Mediabrands, McCann Worldgroup, MullenLowe Group and Marketing Specialists, as well as several independent specialty agencies in the areas of public relations, sports marketing, talent representation and healthcare. Prior to the Omnicom acquisition, it was one of the "Big Four" agency companies, alongside WPP, Publicis, and Omnicom. The co...

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.

IPG vs WBTN — Head-to-Head

Bigger by revenue
IPG
IPG
6.5× larger
IPG
$2.1B
$330.7M
WBTN
Higher net margin
IPG
IPG
98.8% more per $
IPG
5.8%
-93.0%
WBTN
More free cash flow
IPG
IPG
$146.6M more FCF
IPG
$153.6M
$7.0M
WBTN

Income Statement — Q3 2025 vs Q4 2025

Metric
IPG
IPG
WBTN
WBTN
Revenue
$2.1B
$330.7M
Net Profit
$124.2M
$-307.6M
Gross Margin
24.3%
Operating Margin
10.3%
-4.0%
Net Margin
5.8%
-93.0%
Revenue YoY
-4.8%
Net Profit YoY
517.9%
EPS (diluted)
$0.34
$-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
IPG
IPG
WBTN
WBTN
Q4 25
$330.7M
Q3 25
$2.1B
$378.0M
Q2 25
$2.2B
$348.3M
Q1 25
$2.0B
$325.7M
Q4 24
$2.4B
Q3 24
$2.2B
$347.9M
Q2 24
$2.3B
$321.0M
Q1 24
$2.2B
Net Profit
IPG
IPG
WBTN
WBTN
Q4 25
$-307.6M
Q3 25
$124.2M
$-11.6M
Q2 25
$162.5M
$-4.3M
Q1 25
$-85.4M
$-22.4M
Q4 24
$344.5M
Q3 24
$20.1M
$19.8M
Q2 24
$214.5M
$-76.9M
Q1 24
$110.4M
Gross Margin
IPG
IPG
WBTN
WBTN
Q4 25
24.3%
Q3 25
21.9%
Q2 25
25.1%
Q1 25
-3.2%
22.0%
Q4 24
10.1%
Q3 24
2.9%
26.3%
Q2 24
1.2%
25.9%
Q1 24
-1.1%
Operating Margin
IPG
IPG
WBTN
WBTN
Q4 25
-4.0%
Q3 25
10.3%
-3.9%
Q2 25
11.2%
-2.5%
Q1 25
-2.1%
-8.2%
Q4 24
23.3%
Q3 24
5.9%
-2.3%
Q2 24
13.7%
-24.6%
Q1 24
8.4%
Net Margin
IPG
IPG
WBTN
WBTN
Q4 25
-93.0%
Q3 25
5.8%
-3.1%
Q2 25
7.5%
-1.2%
Q1 25
-4.3%
-6.9%
Q4 24
14.1%
Q3 24
0.9%
5.7%
Q2 24
9.2%
-24.0%
Q1 24
5.1%
EPS (diluted)
IPG
IPG
WBTN
WBTN
Q4 25
$-2.37
Q3 25
$0.34
$-0.09
Q2 25
$0.44
$-0.03
Q1 25
$-0.23
$-0.17
Q4 24
$0.92
Q3 24
$0.05
$0.15
Q2 24
$0.57
$-0.70
Q1 24
$0.29

Balance Sheet & Financial Strength

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

Metric
IPG
IPG
WBTN
WBTN
Cash + ST InvestmentsLiquidity on hand
$1.5B
$581.8M
Total DebtLower is stronger
Stockholders' EquityBook value
$3.7B
$1.2B
Total Assets
$17.0B
$1.6B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
IPG
IPG
WBTN
WBTN
Q4 25
$581.8M
Q3 25
$1.5B
$584.6M
Q2 25
$1.6B
$581.5M
Q1 25
$1.9B
$550.1M
Q4 24
$2.2B
Q3 24
$1.5B
$585.5M
Q2 24
$1.5B
$572.3M
Q1 24
$1.9B
Stockholders' Equity
IPG
IPG
WBTN
WBTN
Q4 25
$1.2B
Q3 25
$3.7B
$1.5B
Q2 25
$3.7B
$1.5B
Q1 25
$3.6B
$1.5B
Q4 24
$3.8B
Q3 24
$3.7B
$1.6B
Q2 24
$3.8B
$1.5B
Q1 24
$3.8B
Total Assets
IPG
IPG
WBTN
WBTN
Q4 25
$1.6B
Q3 25
$17.0B
$2.0B
Q2 25
$17.0B
$2.0B
Q1 25
$17.1B
$1.9B
Q4 24
$18.3B
Q3 24
$17.1B
$2.1B
Q2 24
$17.0B
$2.0B
Q1 24
$17.3B

Cash Flow & Capital Efficiency

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

Metric
IPG
IPG
WBTN
WBTN
Operating Cash FlowLast quarter
$180.1M
$7.6M
Free Cash FlowOCF − Capex
$153.6M
$7.0M
FCF MarginFCF / Revenue
7.2%
2.1%
Capex IntensityCapex / Revenue
1.2%
0.2%
Cash ConversionOCF / Net Profit
1.45×
TTM Free Cash FlowTrailing 4 quarters
$806.8M
$3.6M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
IPG
IPG
WBTN
WBTN
Q4 25
$7.6M
Q3 25
$180.1M
$16.5M
Q2 25
$-96.0M
$5.7M
Q1 25
$-37.0M
$-18.7M
Q4 24
$868.1M
Q3 24
$223.8M
$4.1M
Q2 24
$120.7M
Q1 24
$-157.4M
Free Cash Flow
IPG
IPG
WBTN
WBTN
Q4 25
$7.0M
Q3 25
$153.6M
$11.8M
Q2 25
$-121.8M
$3.9M
Q1 25
$-58.5M
$-19.2M
Q4 24
$833.5M
Q3 24
$186.5M
$3.5M
Q2 24
$85.9M
Q1 24
$-192.5M
FCF Margin
IPG
IPG
WBTN
WBTN
Q4 25
2.1%
Q3 25
7.2%
3.1%
Q2 25
-5.6%
1.1%
Q1 25
-2.9%
-5.9%
Q4 24
34.2%
Q3 24
8.3%
1.0%
Q2 24
3.7%
Q1 24
-8.8%
Capex Intensity
IPG
IPG
WBTN
WBTN
Q4 25
0.2%
Q3 25
1.2%
1.2%
Q2 25
1.2%
0.5%
Q1 25
1.1%
0.2%
Q4 24
1.4%
Q3 24
1.7%
0.2%
Q2 24
1.5%
Q1 24
1.6%
Cash Conversion
IPG
IPG
WBTN
WBTN
Q4 25
Q3 25
1.45×
Q2 25
-0.59×
Q1 25
Q4 24
2.52×
Q3 24
11.13×
0.21×
Q2 24
0.56×
Q1 24
-1.43×

Financial Flow Comparison

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

Revenue Breakdown by Segment

IPG
IPG

MDE$619.0M29%
IAC$574.9M27%
Other$527.9M25%
SCE$413.8M19%

WBTN
WBTN

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

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