Teads Q2 revenue down 17% YoY, net loss widens; suspends FY 2026 guidance

Teads Holding Co.

Revenue $284.6M (-17% YoY); net loss $42.5M vs $14.3M loss in Q2 2025.
Adjusted EBITDA $7.0M, down 74% from $27.0M; adjusted net loss $40.0M vs $9.7M loss.
CTV revenue grew 67% YoY, now 13% of total revenue (vs 7% in Q2 2025).
Suspends full-year 2026 Adjusted EBITDA guidance citing volatility in Direct Response and SME business.
Cash and equivalents $91.0M; total debt $614.5M (10% senior secured notes due 2030).

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