Teads Holding Co.

For the period ended Dec 31, 2025. Filed Mar 16, 2026.

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.

FY2025 · Filed Mar 16, 2026

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,
	2025	2024	2023
Revenue	$1,300,461	$889,875	$935,818
Cost of revenue:
Traffic acquisition costs	770,799	653,731	708,449
Other cost of revenue	100,610	44,042	42,571
Total cost of revenue	871,409	697,773	751,020
Gross profit	429,052	192,102	184,798
Operating expenses:
Research and development	43,554	37,010	35,977
Sales and marketing	277,340	96,931	96,043
General and administrative	124,145	70,057	57,908
Impairment of intangible assets	15,614	—	—
Goodwill impairment	352,130	—	—
Restructuring charges	15,288	742	3,509
Total operating expenses	828,071	204,740	193,437
Loss from operations	(399,019)	(12,638)	(8,639)
Other income (expense):
Gain on repurchase of long-term debt	1,225	8,782	22,594
Interest expense	(75,135)	(3,649)	(5,393)
Other (expense) income and interest income, net	(4,755)	9,209	7,793
Total other (expense) income, net	(78,665)	14,342	24,994
(Loss) income before provision for income taxes	(477,684)	1,704	16,355
Provision for income taxes	39,386	2,415	6,113
Net (loss) income	$(517,070)	$(711)	$10,242
Weighted average shares outstanding:
Basic	90,855,702	49,321,301	50,900,422
Diluted	90,855,702	52,709,356	56,965,299
Net (loss) income per common share:
Basic	$(5.69)	$(0.01)	$0.20
Diluted	$(5.69)	$(0.11)	$(0.06)

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.