Teads Holding Co. Announces Third Quarter 2026 ResultsNEW YORK, Nov. 05, 2026 (GLOBE NEWSWIRE) -- Teads Holding Co. (Nasdaq: TEAD) (“Teads” or the “Company”) announced today financial results for the quarter ended September 30, 2026. Third Quarter 2026 Key Financial Metrics: Three Months Ended September 30, Nine Months Ended September 30, (in millions USD) 2026 2025 % Change 2026 20251 % Change Revenue $ 235.1 $ 318.8 (26 )% $ 785.6 $ 948.2 (17 )% Gross profit 60.9 105.7 (42 )% 240.1 308.7 (22 )% Net loss (325.5 ) (19.7 ) (1,553 )% (406.7 ) (88.8 ) (358 )% Net cash (used in) provided by operating activities (27.9 ) (23.7 ) (17 )% (53.6 ) 0.3 NM Non-GAAP Financial Data* Ex-TAC gross profit 93.5 130.5 (28 )% 324.7 377.8 (14 )% Adjusted EBITDA (8.1 ) 19.2 (142 )% (0.4 ) 56.8 (101 )% Adjusted net loss (46.7 ) (13.6 ) (245 )% (123.0 ) (38.5 ) (219 )% Adjusted free cash flow (33.1 ) (24.0 ) (38 )% (71.0 ) 3.4 NM Free cash flow before interest payments (1.4 ) 3.1 (145 )% (7.2 ) 18.1 (139 )% _____________________________ 1 Incorporates the results of operations for Legacy Teads (as defined below) from February 3, 2025 through September 30, 2025 * See non-GAAP reconciliations belowNM Not meaningful "In the third quarter, our Connected TV revenue grew 37% year-over-year, outperforming the broader market through our leading position on the CTV HomeScreen — the front door to the living-room experience," said David Kostman, CEO of Teads.
GlobeNewsWire11/5/2026Neutral