---
schema_version: "secwatch.filing_event.v1"
accession: "0001454938-25-000067"
form_type: "8-K"
ticker: "TEAD"
cik: "0001454938"
company_name: "Teads Holding Co."
filed_at: "2025-05-09T23:59:59+00:00"
generated_at: "2026-05-22T01:35:32.810606+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Outbrain Q1 revenue $286M (+32% YoY); Teads acquisition drives growth; CTV >100% YoY

## Summary
- Revenue $286.4M (+32% YoY); Ex-TAC gross profit $103.1M (+98%); Adjusted EBITDA $10.7M vs $1.4M.
- Net loss $54.8M including $16.4M acquisition costs, $15.6M impairment, $7.3M restructuring.
- Closed Teads acquisition Feb 2025 for ~$900M ($625M cash + 43.75M shares); combined company now Teads.
- CTV revenue grew >100% YoY, ~5% of ad spend; synergies ~$40M in 2025 (increased), ~$65-75M in 2026.
- Issued $637.5M 10% senior secured notes due 2030; new $100M revolver; cash $155.9M.

## SEC filing metadata
- accession: 0001454938-25-000067
- form_type: 8-K
- ticker: TEAD
- cik: 0001454938
- company_name: Teads Holding Co.
- filed_at: 2025-05-09T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1454938/000145493825000067/0001454938-25-000067-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1454938/000145493825000067/outbrain-20250509.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001454938-25-000067
- JSON: https://secwatch.observer/filing/0001454938-25-000067.json
- Plain text: https://secwatch.observer/filing/0001454938-25-000067.txt

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