---
schema_version: "secwatch.filing_event.v1"
accession: "0001171843-22-007328"
form_type: "8-K"
ticker: "TEAD"
cik: "0001454938"
company_name: "Teads Holding Co."
filed_at: "2022-11-10T23:59:59+00:00"
generated_at: "2026-06-21T22:42:48.403132+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Outbrain beats Q3 guidance; revenue $229M (-9% YoY), adjusted EBITDA $1.7M

## Summary
- Revenue $229.0M, down 9% YoY; gross profit $41.9M, down 30% YoY.
- Net loss $4.6M vs loss $53.9M in prior year (includes one-time IPO charges of $60.5M).
- Ex-TAC gross profit $52.7M, down 23% YoY (down 20% constant currency).
- Adjusted EBITDA $1.7M vs $19.9M; free cash flow use of $15.8M.
- Launched Keystone publisher platform; repurchased 5.8M shares for $27.8M under $30M buyback.

## SEC filing metadata
- accession: 0001171843-22-007328
- form_type: 8-K
- ticker: TEAD
- cik: 0001454938
- company_name: Teads Holding Co.
- filed_at: 2022-11-10T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1454938/000117184322007328/0001171843-22-007328-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1454938/000117184322007328/f8k_111022.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001171843-22-007328
- JSON: https://secwatch.observer/filing/0001171843-22-007328.json
- Plain text: https://secwatch.observer/filing/0001171843-22-007328.txt

## Key facts
- Earnings Releases
  Teads Holding Co. reported the quarter ended September 30, 2022 results: revenue $229.0 million, net income $4.6 million.
  - Period: the quarter ended September 30, 2022
  - Revenue: $229.0 million
  - Net income: $4.6 million
  - Result: reported results
  source text: expense, both of which were triggered and recognized in Q3 2021 as a result of the Company’s IPO. ** See non-GAAP reconciliations below Third Quarter 2022 Highlights: Revenue of $229.0 million, a decrease of $21.8 million, or 9%, compared to $250.8 million in the prior year period. Revenue decreased 3% on a constant currency basis, excluding net unfavorable foreign
  evidence_url: https://www.sec.gov/Archives/edgar/data/1454938/000117184322007328/0001171843-22-007328-index.htm
- Earnings Releases
  Teads Holding Co. reported the nine months ended September 30, 2022 results: revenue 734.1, net income (16.8).
  - Period: the nine months ended September 30, 2022
  - Revenue: 734.1
  - Net income: (16.8)
  - Result: reported results
  source text: Three Months Ended September 30, Nine Months Ended September 30, (in millions USD) 2022 2021 % Change 2022 2021 % Change Revenue $ 229.0 $ 250.8 (9 )% $ 734.1 $ 726.0 1 %
  evidence_url: https://www.sec.gov/Archives/edgar/data/1454938/000117184322007328/0001171843-22-007328-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.