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WebP was built to do what PNG and JPG each do well, in one format. That is why PNG to WebP is such a common step for anything going onto a web page. You get compression close to a JPG while the transparent areas of your image survive intact.
PNG stores every pixel faithfully and pays for it in weight. WebP is allowed to simplify what your eye will not miss, and on photographs and detailed artwork that difference is large. On a tiny flat icon there is less to gain, since PNG handles those efficiently already.
This is the part JPG cannot do. Soft edges, drop shadows, a logo cut out against nothing, all of it carries across with the partial transparency intact. It is the reason to pick WebP over JPG whenever the image is not a plain rectangle.
Browsers are fine, all of them, for years now. Off the web it thins out. Some older desktop viewers and office software still refuse the format, and a few print shops will ask you for something else. Publishing is what WebP is for. Sending a file to a stranger is what JPG is for.
Soft edges survive
Shadows and cut out shapes keep the partial transparency PNG gave them.
Built for web pages
Every current browser renders WebP with no fallback needed.
Roughly half the weight
Detailed PNG images usually land somewhere under half their original size.
WebP to JPG Converter
Convert WebP downloads into JPG photos for email, printing and software that will not read WebP.
WebP to PNG Converter
Turn downloaded WebP images into PNG files that desktop software and editors accept.
GIF to JPG Converter
Convert GIF images into JPG files for upload forms and software that turn a GIF away.
GIF to PNG Converter
Pull a still PNG image out of a GIF for editing, printing or anywhere PNG is expected.
Lossy, which is where the size saving comes from. The picture is re encoded rather than repackaged, so a PNG is worth keeping if you plan to edit it again.
No. They read it normally, and the faster page a lighter image gives you works in your favour.
Small images with a few flat colours are PNG's speciality. The WebP container costs more than the compression saves on those.
In a browser, almost certainly. Double clicking it into a desktop photo viewer is where older machines start refusing.