Teads Holding Co.
Financial highlights
| Metric | FY 12/31/25 | FY 12/31/24 | FY 12/31/23 | FY 12/31/22 | FY 12/31/21 |
|---|---|---|---|---|---|
| Income Statement | |||||
| Revenue | $1.3B | $889.9M | $935.8M | $992.1M | $1.0B |
| Cost of revenue | $770.8M | $653.7M | $708.4M | $757.3M | $743.6M |
| Gross profit | $429.1M | $192.1M | $184.8M | $192.7M | $240.3M |
| Research and development | $43.6M | $37.0M | $36.0M | $40.3M | $39.2M |
| Operating expenses | $828.1M | $204.7M | $193.4M | $206.2M | $205.7M |
| Operating income | -$399.0M | -$12.6M | -$8.6M | -$13.5M | $34.6M |
| Interest expense | $75.1M | $3.6M | $5.4M | $7.6M | $4.0M |
| Pretax income | -$477.7M | $1.7M | $16.4M | -$18.6M | -$14.5M |
| Income tax expense | $39.4M | $2.4M | $6.1M | $6.0M | -$25.5M |
| Net income | -$517.1M | -$711,000 | $10.2M | -$24.6M | $11.0M |
| Balance Sheet | |||||
| Cash and equivalents | $128.2M | $89.1M | $70.9M | $105.6M | $455.4M |
| Current assets | $530.4M | $343.1M | $401.8M | $500.5M | $676.1M |
| Total assets | $1.3B | $549.2M | $664.6M | $781.1M | $795.9M |
| Current liabilities | $484.1M | $289.5M | $297.6M | $300.1M | $288.5M |
| Total liabilities | $1.2B | $317.9M | $441.6M | $563.4M | $539.1M |
| Total debt | $622.7M | $0 | — | — | — |
| Stockholders' equity | $95.4M | $231.3M | $223.1M | $217.8M | $256.8M |
| Cash Flow Statement | |||||
| Cash from operations | $7.6M | $68.6M | $13.7M | $3.8M | $56.8M |
| Depreciation and amortization | $9.2M | $6.3M | $6.9M | $11.1M | $7.5M |
| Stock-based compensation | $13.7M | $15.5M | $12.1M | $11.7M | $26.3M |
| Capital expenditure | $5.6M | $7.4M | $10.1M | $13.4M | $9.7M |
| Free cash flow | $2.0M | $61.2M | $3.6M | -$9.6M | $47.0M |
| Share repurchases | $646,000 | $6.6M | $18.5M | $32.7M | $14.2M |
| Impairments | $352.1M | $0 | $0 | $0 | $0 |
Shares outstanding 97.0M
Annual filing data through FY ended December 31, 2025; float as of July 13, 2026.