$TBLA
Taboola.com Ltd.
CIK:0001840502|SEC Filings
CONSOLIDATED INTERIM STATEMENTS OF INCOME (LOSS) - USD ($) $ in Thousands |
3 Months Ended | 6 Months Ended | ||||||||
|---|---|---|---|---|---|---|---|---|---|---|
Jun. 30, 2026 |
Jun. 30, 2025 |
Jun. 30, 2026 |
Jun. 30, 2025 |
|||||||
| Income Statement [Abstract] | ||||||||||
| Revenues | [1] | $ 476,826 | $ 465,474 | $ 943,221 | $ 892,967 | |||||
| Cost of revenues: | ||||||||||
| Traffic acquisition cost | [2] | 300,705 | 297,423 | 603,084 | 577,220 | |||||
| Other cost of revenues | 36,642 | 32,440 | 71,081 | 60,829 | ||||||
| Total cost of revenues | 337,347 | 329,863 | 674,165 | 638,049 | ||||||
| Gross profit | 139,479 | 135,611 | 269,056 | 254,918 | ||||||
| Operating expenses: | ||||||||||
| Research and development, net | 38,435 | 37,482 | 78,015 | 73,438 | ||||||
| Sales and marketing | 67,156 | 71,248 | 139,721 | 137,138 | ||||||
| General and administrative | 26,629 | 26,837 | 51,677 | 50,560 | ||||||
| Other income, net (3) | 0 | 0 | (77,000) | 0 | ||||||
| Other income, net (3) | 132,220 | 135,567 | 192,413 | 261,136 | ||||||
| Operating profit (loss) | [3] | 7,259 | 44 | 76,643 | (6,218) | |||||
| Operating profit (loss) | 33 | (2,491) | (212) | (6,991) | ||||||
| Finance income (expenses), net (4) | 7,292 | (2,447) | 76,431 | (13,209) | ||||||
| Income (loss) before income taxes | (2,975) | (1,898) | (13,048) | 114 | ||||||
| Income tax benefit (expenses) | $ 4,317 | $ (4,345) | $ 63,383 | $ (13,095) | ||||||
| Net loss per share attributable to Ordinary and Non-voting Ordinary shareholders, basic (in dollars per share) | $ 20.00 | $ (10.00) | $ 230 | $ (40.00) | ||||||
| Net loss per share attributable to Ordinary and Non-voting Ordinary shareholders, diluted (in dollars per share) | $ 0.01 | $ (0.01) | $ 220 | $ (40.00) | ||||||
| Weighted-average shares used in computing net loss per share attributable to Ordinary and Non-voting Ordinary shareholders, basic (in shares) | 278,160,082,000 | 313,572,282,000 | 280,185,111,000 | 327,578,134,000 | ||||||
| Weighted-average shares used in computing net loss per share attributable to Ordinary and Non-voting Ordinary shareholders, diluted (in shares) | 291,392,907,000 | 313,572,282,000 | 290,505,359,000 | 327,578,134,000 | ||||||
| ||||||||||
CONSOLIDATED INTERIM BALANCE SHEETS - USD ($) $ in Thousands |
Jun. 30, 2026 |
Dec. 31, 2025 |
||||||
|---|---|---|---|---|---|---|---|---|
| CURRENT ASSETS | ||||||||
| Cash and cash equivalents | $ 133,052 | $ 120,865 | ||||||
| Trade receivables (net of allowance for credit losses of $15,227 and $13,889 as of June 30, 2026 and December 31, 2025, respectively) (1) | [1] | 316,740 | 360,166 | |||||
| Prepaid expenses and other current assets | 69,151 | 77,000 | ||||||
| Total current assets | 518,943 | 558,031 | ||||||
| NON-CURRENT ASSETS | ||||||||
| Long-term prepaid expenses | 10,205 | 15,116 | ||||||
| Commercial agreement asset | 262,129 | 270,248 | ||||||
| Restricted deposits | 1,463 | 1,462 | ||||||
| Deferred tax assets, net | 20,422 | 20,624 | ||||||
| Operating lease right of use assets | 71,920 | 79,167 | ||||||
| Property and equipment, net | 104,758 | 95,335 | ||||||
| Intangible assets, net | 2,578 | 13,925 | ||||||
| Goodwill | 555,931 | 555,931 | ||||||
| Total non-current assets | 1,029,406 | 1,051,808 | ||||||
| Total assets | 1,548,349 | 1,609,839 | ||||||
| CURRENT LIABILITIES | ||||||||
| Trade payables | [2] | 275,949 | 330,684 | |||||
| Short-term operating lease liabilities | 33,787 | 30,408 | ||||||
| Accrued expenses and other current liabilities | 159,204 | 159,874 | ||||||
| Total current liabilities | 468,940 | 520,966 | ||||||
| LONG-TERM LIABILITIES | ||||||||
| Long-term loan and revolving credit facility (3) | [3] | 72,000 | 102,300 | |||||
| Long-term operating lease liabilities | 51,615 | 61,382 | ||||||
| Warrants liability | 0 | 501 | ||||||
| Deferred tax liabilities, net | 561 | 628 | ||||||
| Other long-term liabilities | 17,240 | 16,867 | ||||||
| Total long-term liabilities | 141,416 | 181,678 | ||||||
| COMMITMENTS AND CONTINGENCIES (Note 10) | ||||||||
| SHAREHOLDERS' EQUITY | ||||||||
| Treasury Ordinary shares, at cost - 126,683,068 (111,524,010 Ordinary shares and 15,159,058 Non-voting Ordinary shares) and 110,438,588 (95,279,530 Ordinary shares and 15,159,058 Non-voting Ordinary shares) as of June 30, 2026 and December 31, 2025, respectively | (450,826) | (385,651) | ||||||
| Additional paid-in capital | 1,435,861 | 1,404,248 | ||||||
| Accumulated other comprehensive income | 1,511 | 534 | ||||||
| Accumulated deficit | (48,553) | (111,936) | ||||||
| Total shareholders' equity | 937,993 | 907,195 | ||||||
| Total liabilities and shareholders' equity | $ 1,548,349 | $ 1,609,839 | ||||||
| Treasury stock, common (in shares) | 126,683,068 | 15,159,058 | ||||||
| Ordinary shares | ||||||||
| LONG-TERM LIABILITIES | ||||||||
| Authorized share capital (in shares) | 700,000,000 | 700,000,000 | ||||||
| Common stock, shares issued (in shares) | 363,374,228 | 341,610,237 | ||||||
| Common stock, shares outstanding (in shares) | 251,850,218 | 246,330,707 | ||||||
| SHAREHOLDERS' EQUITY | ||||||||
| Ordinary shares | $ 0 | $ 0 | ||||||
| Treasury stock, common (in shares) | 111,524,010 | 110,438,588 | ||||||
| Non-voting Ordinary shares | ||||||||
| LONG-TERM LIABILITIES | ||||||||
| Authorized share capital (in shares) | 46,000,000 | 46,000,000 | ||||||
| Common stock, shares issued (in shares) | 33,198,702 | 45,198,702 | ||||||
| Common stock, shares outstanding (in shares) | 18,039,644 | 30,039,644 | ||||||
| SHAREHOLDERS' EQUITY | ||||||||
| Ordinary shares | $ 0 | $ 0 | ||||||
| Treasury stock, common (in shares) | 15,159,058 | 95,279,530 | ||||||
| ||||||||