Revenue: As of FY2026 Q1, the actual value is USD 265.98 M, missing the estimate of USD 269.97 M.EPS: As of FY2026 Q1, the actual value is USD -0.4, beating the estimate of USD -0.43.EBIT: As of FY2026 Q1, the actual value is USD -4.397 M.<h4>First Quarter 2026 Key Financial Metrics</h4><ul><li>Gross Profit: Teads Holding Co. reported gross profit of $83.6 million for Q1 2026, an increase of 1% from $82.7 million in Q1 2025. Gross margin increased to 31.4% from 28.9% in the prior year period.</li><li>Ex-TAC Gross Profit: Ex-TAC gross profit was $107.9 million, an increase of 5% compared to $103.1 million in Q1 2025. Ex-TAC gross margin increased to 40.6% from 36.0% in the prior year period.</li><li>Net Loss: The company recorded a net loss of - $38.8 million for Q1 2026, an improvement from a net loss of - $54.8 million in Q1 2025, representing a 29% change. The current period’s net loss included $1.7 million in restructuring costs and $1.3 million in acquisition-related costs. The prior period’s net loss included $16.4 million in acquisition and integration costs, $15.6 million in impairment charges, $12.0 million in bridge facility related costs, and $7.3 million in restructuring charges.</li><li>Adjusted Net Loss: Adjusted net loss was - $36.2 million, compared to an adjusted net loss of - $15.3 million in Q1 2025, representing a -137% change.</li><li>Adjusted EBITDA: Adjusted EBITDA was $0.8 million, a decrease from $10.7 million in Q1 2025, including net unfavorable foreign currency effects of approximately $1.6 million.</li></ul><h4>Cash Flow</h4><ul><li>Net Cash Used in Operating Activities: Teads Holding Co. reported net cash used in operating activities of - $34.9 million, compared to - $1.0 million in Q1 2025. This was primarily driven by a $31.4 million semi-annual interest payment made in February 2026.</li><li>Adjusted Free Cash Flow: Adjusted free cash flow was - $41.1 million, compared to $5.2 million in Q1 2025.</li></ul><h4>Balance Sheet Highlights (as of March 31, 2026)</h4><ul><li>Cash, Cash Equivalents, and Marketable Securities: Cash, cash equivalents, and investments in marketable securities totaled $98.7 million, consisting of $85.5 million in cash and cash equivalents and $13.2 million in short-term investments.</li><li>Total Debt Obligations: Total debt obligations amounted to $623.4 million, including the $606.2 million carrying value of 10.000% senior secured notes due 2030 and $17.2 million outstanding under a short-term overdraft facility.</li></ul><h4>Operational Metrics / Business Highlights</h4><ul><li>CTV Revenue Growth: Teads Holding Co. delivered CTV revenue growth of over 50% year-over-year.</li><li>Omnichannel Campaigns: Branding customers utilizing omnichannel campaigns represented 13% of CTV spend in Q1 2026, an increase from 8% in Q1 2025.</li><li>Conversion-Focused Campaigns: Approximately 16% of spend from Enterprise Brand advertisers was directed toward performance-based business goals through cross-selling conversion-focused campaigns.</li><li>Strategic Partnerships: Teads Holding Co. solidified its position as a leading adtech platform in CTV HomeScreen with global access, including exclusive expansion into additional markets with LG, Samsung, and other partners. The company also renewed several Joint Business Partnerships with global brands such as McDonald’s, Heineken, and Volkswagen.</li></ul><h4>Outlook / Guidance</h4>For the second quarter ending June 30, 2026, Teads Holding Co. expects Ex-TAC gross profit to be between $121 million and $131 million, and Adjusted EBITDA to range from $14 million to $22 million. For the full year ending December 31, 2026, the company continues to anticipate Adjusted EBITDA of approximately $100 million.

Teads | 8-K: FY2026 Q1 Revenue Misses Estimate at USD 265.98 M