Filing Flows › Teads Holding (TEAD) › Q2 2025
Teads Holding (TEAD) Q2 2025 earnings results (second quarter 2025)
10-Q filed Aug 8, 2025
Teads Holding (TEAD) reported revenue of $343M for the second quarter 2025 (Q2 2025), +60% from a year earlier and +20% from the quarter before. Operating margin was -0.7%, net loss $14.3M (4.2% of revenue).
Teads Holding, Q2 2025: revenue $343M (+60% year over year), operating margin -0.7%, net loss $14.3M, operating cash flow $25.0M. The chart follows the revenue to costs, profit and cash.
| Q2 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $343M | +20% | +60% |
| Operating profit | −$2.3M | — | — |
| Net earnings | −$14.3M | — | — |
| Operating cash flow | $25.0M | — | +590% |
| Free cash flow | $19.5M | — | 60× |
What changed
Revenue was $343.1M in Q2 2025, up 60% year over year and up 20% from the previous quarter.
Gross margin was 35.1%, up 13.8 points from a year earlier. Operating costs exceeded revenue by $2.3M, an operating margin of -0.7%. Operating expenses grew 139% against revenue growth of 60%. The fastest-growing cost line was Sales & marketing (+227%). The quarter ended with a net loss of $14.3M, narrower than the previous quarter's $54.8M loss. Net interest and other expense of $17.8M was the main reason.
Operating cash flow was $25.0M (up 590% year over year). Non-cash charges added back $16.0M of depreciation and amortization and $3.8M of share-based compensation. Working capital and other items added $19.5M. After capitalized software development costs ($4.4M) and purchases of property and equipment ($1.1M), free cash flow as the company reports it was $19.5M.
Questions
What was Teads Holding's revenue in the second quarter 2025?
Teads Holding (TEAD) reported revenue of $343M for the second quarter 2025 (Q2 2025), +60% from a year earlier and +20% from the quarter before.
Was Teads Holding profitable in the second quarter 2025?
Operating loss was $2.3M (-0.7% of revenue) and net loss $14.3M.
Source: Teads Holding 10-Q on SEC EDGAR.