| Metric | Value ($ M) | Q1 FY25 |
|---|---|---|
| Revenue | 265.98 | 7.1% |
| Total Income | 265.98 | 7.1% |
| Expenditure | 287.79 | 13.0% |
| PBT | -39.77 | 41.5% |
| Net Profit | -38.79 | 29.3% |
| OPM | -8.20% | 7.32pp |
| NPM | -14.58% | 4.57pp |
| EPS | -0.40 | 42.9% |
Teads Holding Co. Reports Q1 2026 Revenue of $266.0 Million
07 May 2026 · 7 May, 4:16 pm
Summary
Teads Holding Co. announced its Q1 2026 financial results, reporting a revenue of $266.0 million, a 7% decrease compared to the prior year period. Gross profit increased slightly by 1% to $83.6 million, with an improved gross margin of 31.4%. The company's net loss decreased to $38.8 million. For the second quarter ending June 30, 2026, the company expects Ex-TAC gross profit of $121 million to $131 million and Adjusted EBITDA of $14 million to $22 million.
Key Highlights
- 1
Teads Holding Co. reported revenue of $266.0 million for Q1 2026, a decrease of 7% compared to $286.4 million in the prior year period.
- 2
Gross profit for Q1 2026 increased by 1% to $83.6 million, compared to $82.7 million in the prior year period, with gross margin increasing to 31.4%.
- 3
Ex-TAC gross profit increased by 5% to $107.9 million, compared to $103.1 million in the prior year period, with Ex-TAC gross margin increasing to 40.6%.
- 4
The company's net loss decreased to $38.8 million, compared to a net loss of $54.8 million in the prior year period.
- 5
Adjusted EBITDA was $0.8 million, compared to $10.7 million in the prior year period.
- 6
CTV revenue growth exceeded 50% year-over-year.
- 7
The company expects Ex-TAC gross profit of $121 million to $131 million and Adjusted EBITDA of $14 million to $22 million for Q2 2026.
Management Comments
David Kostman
“Our Q1 results represent a significant milestone for Teads, characterized by an Ex-TAC revenue beat and accelerating momentum in CTV. By unifying our performance technology within Teads Ad Manager, we are positioned to deliver a unique, full-funnel solution that bridges the gap between branding and conversion across CTV and the Open Internet. This differentiated proposition is resonating well with our global partners, and, as we continue to execute with agility and focus, we remain confident in our trajectory”
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