EarningsQ2 2026 Earnings Report
DE:852 Q2 2026 EPS Results
Actual EPS-€0.37
Consensus EPS-€0.20
Beat/MissMissed by -€0.17
One Year Ago EPS-€0.09
DE:852 Q2 2026 Revenue Results
Actual Revenue€253.97M
Expected Revenue€275.46M
Beat/MissMissed by -€21.49M
YoY Revenue Growth-17.05%
Earnings Announcement Details
QuarterQ2 2026
Date08/06/2026
TimeBefore Open
Conference CallThursday, August 6, 2026
DE:852 Upcoming Earnings
Teads Holding's next earnings date is estimated for November 5, 2026, based on past reporting schedules.
Q2 2026 Earnings Call Audio
DE:852 Q2 2026 Earnings Call
0:00 / 0:00
Q2 2026 Earnings Slide Deck
No slide deck is available for this earnings event.
Q2 2026 Earnings Call Summary
Earnings Call Sentiment|Neutral
The call communicated clear strategic positives—strong CTV momentum (67% YoY growth to ~$40M), accelerating Enterprise traction ($89M ex-TAC, positive May/June advertiser spend), product launches (EngageOS) and disciplined quality actions—while also disclosing material near-term weaknesses: total revenue down 17% YoY, ex-TAC gross profit down 14% YoY, a severe 30% decline in Direct Response & SME, an adjusted EBITDA miss, and suspension of guidance. Management plans continued investment behind higher-margin Enterprise and CTV growth and expects cost step-downs in Q3, but the DR/SME secular headwinds and temporary expense pressures create meaningful near-term uncertainty.Company Guidance
Ex-TAC Gross Profit and Cash Generation
Ex-TAC gross profit of $123M in Q2; adjusted EBITDA of ~$7M; free cash flow of $3M. Ended the quarter with $91M of cash and cash equivalents and access to a $40M revolving credit facility.
Enterprise Business Momentum
Enterprise delivered $89M of ex-TAC gross profit in Q2 and advertiser spend from Enterprise customers stabilized (flat YoY in Q2) with May and June showing positive YoY spend. Company expects mid-single-digit ex-TAC growth for Enterprise in H2 and continued investment to capture market share and expand margins.
Connected TV (CTV) Acceleration
CTV top-line revenue grew 67% YoY in Q2 to approximately $40M and represented 13% of Q2 revenue (vs. 7% in Q2 2025). Teads reports over 500M home screens globally and launched CTV Ensembler. Strategic supply expansions include renewed LG home screen exclusives (Europe & APAC), partnerships with TiVo Ads (5.3M households) and VIDAA Japan integration (2.3M devices). Management expects CTV growth to accelerate into 2027, unlocking operating leverage.
Rising Omnichannel Adoption and Enterprise Wins
Branding customers utilizing omnichannel campaigns rose to 16% of Q2 branding revenue (from 9% in Q2 2025), approaching an 18% full-year target. Secured or renewed global enterprise partnerships with brands such as Stellantis, Louis Vuitton, Warner Bros. and Dyson; ongoing AI/data collaboration dialogues with major agency holding companies.
Product Launches and Publisher Monetization Initiatives
Launched Teads Engage (EngageOS), an AI-powered publisher operating system to monetize full reader sessions; pilot tests with premium publishers (Penske Media, Arena Group, Scripps, New York Post) show significant yield lift. Company is also opening higher-margin programmatic environments, adding new formats (e.g., vertical video) and enhancing the Amplify platform to improve advertiser ROI.
Deliberate Quality and Supply Improvements
Implemented a quality reset: exited certain low-margin Direct Response accounts and pruned lower-quality open-web supply to enforce brand safety and elevate supply standards for strategic brand partners—actions intended to improve long-term yield and margin profile.
DE:852 Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed