Digital ad firm Taboola's Q3 revenue misses estimates
TBLA•Taboola's third-quarter revenue fell 6.9% year over year to $462.26 million, below the $467.60 million estimate. Net income rose to $18.37 million from $5.2 million, and the company forecast fourth-quarter revenue of $477 million to $493 million.
1. Quarterly results
Taboola reported third-quarter revenue of $462.26 million, down 6.9% year over year and below the $467.60 million analyst estimate. Gross profit rose 9.6% to $152.34 million, while net income increased to $18.37 million from $5.2 million a year earlier.
2. Company outlook
Taboola expects fourth-quarter revenue of $477 million to $493 million and adjusted EBITDA of $73.5 million to $82.5 million. It forecast full-year 2026 revenue of $1.88 billion to $1.90 billion.
3. Business drivers
The company said results were driven by efforts to add premium publishers to its platform and grow revenue with existing publisher partners, along with investments in Taboola News and social commerce.
