Outbrain Inc

For the period ended Dec 31, 2024. Filed Mar 7, 2025.

About this filing

A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.

FY2024 · Filed Mar 7, 2025

TEAD$0.19+7.5%Stored close · as of Nov 9, 2026

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Contents

Consolidated Statements of Operations

(In thousands, except for share and per share data)

	Year Ended December 31,
	2024	2023	2022
Revenue	$889,875	$935,818	$992,082
Cost of revenue:
Traffic acquisition costs	653,731	708,449	757,321
Other cost of revenue	44,042	42,571	42,108
Total cost of revenue	697,773	751,020	799,429
Gross profit	192,102	184,798	192,653
Operating expenses:
Research and development	37,080	36,402	40,320
Sales and marketing	97,498	98,370	108,816
General and administrative	70,162	58,665	57,065
Total operating expenses	204,740	193,437	206,201
Loss from operations	(12,638)	(8,639)	(13,548)
Other income (expense), net:
Gain on convertible debt	8,782	22,594	—
Interest expense	(3,649)	(5,393)	(7,625)
Interest income and other income, net	9,209	7,793	2,600
Total other income (expense), net	14,342	24,994	(5,025)
Income (loss) before provision for income taxes	1,704	16,355	(18,573)
Provision for income taxes	2,415	6,113	6,008
Net (loss) income	$(711)	$10,242	$(24,581)
Weighted average shares outstanding:
Basic	49,321,301	50,900,422	55,615,385
Diluted	52,709,356	56,965,299	55,615,385
Net (loss) income per common share:
Basic	$(0.01)	$0.20	$(0.44)
Diluted	$(0.11)	$(0.06)	$(0.44)

ContentsView on SEC.gov

The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.