Quarterly ResultAug 6, 2026, 06:32 AM
Teads Q2 Revenue Down 17% to $284.6M; Net Loss Widens to $42.5M
AI Summary
Teads Holding Co. reported a significant decline in its second quarter 2026 financial results, with revenue falling 17% to $284.6 million and net loss widening to $42.5 million. Adjusted EBITDA also saw a substantial decrease of 74% to $7.0 million. Despite these financial challenges, the company highlighted strong growth in CTV revenue, which increased 67% year-over-year and now accounts for 13% of total revenue. Due to volatility in its Direct Response and SME business, Teads has suspended its full-year 2026 Adjusted EBITDA guidance.
Key Highlights
- Revenue decreased 17% to $284.6 million in Q2 2026 from $343.1 million in Q2 2025.
- Net loss widened to $42.5 million in Q2 2026 from $14.3 million in Q2 2025.
- Adjusted EBITDA declined 74% to $7.0 million in Q2 2026 from $27.0 million in Q2 2025.
- Net cash provided by operating activities was $9.2 million, down 63% from $25.0 million.
- CTV revenue grew 67% year-over-year, now representing 13% of Q2 revenue.
- Company suspended full-year 2026 Adjusted EBITDA guidance due to market volatility.
- Cash, cash equivalents and investments totaled $91.0 million as of June 30, 2026.
- Total debt obligations were $614.5 million as of June 30, 2026.
Price Impact
More from TEAD