What does Taboola.com do and what are its main business segments?

What guidance did Taboola.com's management provide for the next earnings period?

What were the key takeaways from Taboola.com's earnings call?

What factors drove the changes in Taboola.com's revenue and profit?

What were the key takeaways from Taboola.com’s earnings call?

What is Taboola.com's gross profit margin?

Did Taboola.com beat or miss consensus estimates last quarter?

What is Taboola.com's latest dividend and current dividend yield?

- **Revenue Growth Acceleration**: 2025 ex-TAC gross profit up 7% to $714M, driven by Realize's scaled advertiser growth (+6% YoY). 
- **Profitability Expansion**: Adjusted EBITDA margin 30% (FY25), with 2026 guidance for 31%+ margin (excluding FX). 
- **Share Buyback Intensity**: 18% share reduction in 2025 via $250M buybacks, with plans to continue using >70% FCF for repurchases. 
- **AI-Driven Differentiation**: Proprietary intent data from 600M+ users positions Taboola as a must-have for performance advertisers beyond search/social. 
- **2026 Outlook**: Target 7% ex-TAC growth, with automation and ICP-focused sales driving incremental advertiser spend. 


**【CEO Summary Section】**
- **Revenue Growth and Realize Momentum**: Q4 2025 revenue exceeded high-end guidance, with ex-TAC gross profit up 7% YoY to $714 million. Realize drove scaled advertiser growth (+6% YoY) and higher spend retention, with examples like personal finance advertisers (e.g., NerdWallet) increasing budgets. 
- **Strategic Focus**: Emphasized 3 priorities: AI-driven platform enhancements (e.g., predictive targeting), sales reorganization around ideal customer profiles (e.g., e-commerce, finance), and brand building to attract new advertisers. 
- **Long-Term Vision**: Aims to become the leading performance advertising platform outside search/social, leveraging proprietary intent data from 600M+ daily users across 14,000 publishers. 

**【CFO Financial Commentary】**
- **Financial Highlights**: 
  - Q4 2025 ex-TAC gross profit: $212.8M (41% margin), full year: $713.5M (+7% YoY). 
  - Adjusted EBITDA: $86.1M (Q4) / $215.5M (FY25, 30% margin). 
  - Free cash flow: $163.4M (FY25, 76% of EBITDA). 
- **Share Buybacks**: Repurchased 76.9M shares in 2025 ($250M), reducing share count by 18%. 
- **2026 Guidance**: Ex-TAC gross profit $753-774M (+7-8% YoY), adjusted EBITDA $222-236M (31% margin). FX headwinds expected to ease in H2. 

**【Q&A Key Highlights】**
- **Revenue Mix Variance**: Q4 beat driven by higher-margin business mix (e.g., Realize vs. lower-margin native ads). 
- **Realize Growth Trajectory**: 2025 scaled advertiser growth (+6%) vs. 2026 guidance midpoint (+7%), with focus on automation and ICP targeting. 
- **AI & Open Web**: Taboola's 1/3 in-app traffic and direct publisher relationships mitigate search dependency. AI adoption by publishers (e.g., DeeperDive) could boost ARPU. 
- **Geographic Expansion**: Rest-of-world revenue (+10% Q4) outpaces U.S., driven by less mature markets. 
- **E-commerce Growth**: Connexity (e-commerce-focused platform) contributes to higher-margin ex-TAC business. 


Taboola.com Ltd.(TBLA)-20260225-2025 Q4 Earnings call transcript

- **Revenue Momentum**: Q3 revenue up 15% YoY to $497M, ex-TAC gross profit +6% YoY to $177M.
- **Advertiser Growth**: Scaled advertisers +4%, avg spend +11%, with a travel brand achieving 67% lower CPCs.
- **Share Buybacks**: 14% of shares repurchased YTD ($184M), signaling confidence in long-term strategy.
- **App Traffic Surge**: App-based traffic now 1/3 of total, growing double-digit Q/Q.
- **Financial Health**: 27.3% EBITDA margin, $46M free cash flow, and $270M credit facility for flexibility.
- **2025 Guidance**: Full-year revenue raised to $1.91B-$1.93B, ex-TAC to $700M-$710M.
- **AI & Growth**: LLM tools boost advertiser success, with focus on scaled advertisers as growth driver.

**【CEO Summary Section】**
- **Revenue Growth**: Q3 revenue reached $497 million, up 15% YoY, driven by Realize platform adoption. Ex-TAC gross profit grew 6% YoY to $177 million.
- **Scaled Advertisers Expansion**: Number of scaled advertisers increased by 4% to 2,064, with average revenue per scaled advertiser rising 11%.
- **Share Buybacks**: Repurchased 14% of shares year-to-date, totaling $184 million, reflecting confidence in future growth.
- **App Traffic Growth**: App-based traffic now accounts for ~1/3 of total supply, with double-digit growth in Q3.
- **Realize Success**: A major travel advertiser achieved 67% lower CPCs and 48% traffic growth, leading to a 10x budget increase.

**【CFO Financial Commentary】**
- **Profitability**: Adjusted EBITDA of $48 million (27.3% margin) and free cash flow of $46 million, with 96% conversion from EBITDA.
- **Guidance Update**: Full-year 2025 revenue raised to $1.91-$1.93 billion, ex-TAC gross profit to $700-$710 million.
- **FX Impact**: Q4 expects $5 million operating expense headwind, partially offset by ex-TAC tailwinds.
- **Liquidity**: $115 million cash, $74 million debt, and $270 million revolving credit facility for flexibility.

**【Q&A Highlights】**
- **AI Implementation**: LLM-based tools (e.g., Abby) improve advertiser onboarding and campaign optimization, with internal productivity gains.
- **Traffic Quality**: No material decline in human traffic; focus on high-quality supply via app partnerships (Apple, Samsung).
- **Marketing Spend**: Increased Q3 marketing to $3 million, targeting high-ROI segments like finance, auto, and DTC.
- **2026 Outlook**: Maintain 30%+ EBITDA margin while investing in Realize, with scaled advertiser growth as key metric.
- **CTV Expansion**: Early-stage partnership with Paramount to integrate TV and performance advertising, tracking conversions and ROAS.

Taboola.com Ltd. (TBLA) Q3 2025 Earnings Call Transcript

- **Q2 Strong Performance**: $465M revenue (+8.7% YoY), ex-TAC gross profit up 15%, EBITDA up 21%, with $34M free cash flow.
- **Realize Momentum**: 650 advertisers testing new platform, driving 34%+ performance gains; targeting $55B performance ad market.
- **Share Buybacks**: $100M repurchased in Q2, $200M additional authorization; 12% shares retired YTD.
- **Guidance Raised**: Full-year revenue $1.86-1.89B (3-5% growth), targeting double-digit growth via Realize expansion.
- **Minimal LLM Risk**: <5% revenue from search, stable OpenWeb traffic; investing in AI-driven OpenWeb solutions.

**【CEO Summary Section】**
- Q2 2025 revenue reached $465 million, up 8.7% YoY, with ex-TAC gross profit of $172 million (+15%) and adjusted EBITDA of $45 million (+21%).
- Launched Realize, a new performance ad platform, with 650 advertisers testing display/social capabilities since Q2, driving 34%+ performance improvement for clients.
- Repurchased ~12% of shares in H1, including $100M in Q2, and authorized an additional $200M for buybacks.
- Full-year guidance raised to $1.86-1.89B revenue, 3-5% growth (excluding Yahoo impact), targeting double-digit growth via Realize expansion.

**【CFO Financial Commentary】**
- Q2 gross profit $135.6M, +15% YoY, driven by ex-TAC growth and cost reductions (server costs down $1.2M). Free cash flow $34.2M (+31% YoY), with 70%+ EBITDA conversion.
- Balance sheet: $115M cash, $88M debt, and $270M revolving credit facility. Q2 net loss $4.3M, non-GAAP net income $30.2M.
- FY25 guidance: $1.86-1.89B revenue, $689-703M ex-TAC, $208-214M EBITDA. 3-5% core growth, 50-60% EBITDA-to-cash conversion.

**【Q&A Key Highlights】**
- **Growth Strategy**: Realize aims to capture $55B performance ad market outside search/social. Early wins: 650 advertisers testing, 65%+ budget growth for existing clients.
- **LLM Impact**: <5% revenue from search, minimal impact (mid-single-digit decline). Focus on OpenWeb LLM opportunities (e.g., Taboola News AI recommendations).
- **Capital Allocation**: Prioritize buybacks (12% share reduction YTD) over debt repayment, using revolver for liquidity flexibility.
- **Geographic Mix**: ~50% U.S., 5% China (stable post-tariff concerns), diversified global reach.

Taboola.com Ltd. (TBLA) Q2 2025 Earnings Call Transcript

- **Q1 Strong Execution**: Beat high end of guidance with 3% rev growth, 53% EBITDA margin expansion. 
- **Realize Momentum**: 9% scaled advertiser growth, early CPC display wins. LINE partnership opens utility app inventory. 
- **Resilient Cash Flow**: $36M free cash flow, $92M+ buybacks YTD. 
- **$55B Opportunity**: Focused on incremental budgets via performance formats, predictive targeting. 
- **Macro Resilience**: 1% China impact, core business unaffected. 
- **Share Buybacks**: Aggressive $200M program reducing shares 4% YoY.

**【CEO Summary Section】**
- **Q1 2025 Financial Highlights**: Revenue of $427M (+3% YoY), ex-TAC gross profit $152M (+9% YoY), adjusted EBITDA $36M (+53% YoY), free cash flow $36M (+35% YoY). 
- **Market Opportunity**: $55B performance advertising opportunity outside search/social. Taboola's Realize platform targets incremental budgets via CPC display, vertical videos, and predictive audience targeting. 
- **Realize Progress**: 1,996 scaled advertisers (+9% QoQ), 1% macro impact from China tariffs. LINE partnership expands into utility app inventory. 
- **Execution Focus**: Verticalizing sales teams, ideal customer profiles (ICP), and new supply partnerships like Microsoft and Gannett. 

**【CFO Financial Commentary】**
- **Revenue Drivers**: 9% growth in scaled advertisers offset by 3% decline in ARPA. Core native business yield improved 105% YoY. 
- **Profitability**: Adjusted EBITDA margin 24% (vs. 17% Q1 2024), free cash flow conversion >70%. 
- **Balance Sheet**: $89.7M net cash, $270M revolving credit facility. $49M share buybacks in Q1, $43M post-Q1. 
- **Guidance**: Full year 2025 revenue $1.84-1.89B, ex-TAC $674-690M, adjusted EBITDA $201-209M. Q2 2025 revenue $438-458M. 

**【Q&A Key Themes】**
- **Realize Adoption**: Early signs of incremental budgets, 100+ advertisers testing CPC display. Sales team energy "infectious". 
- **Macro Impact**: 1% China export spend decline, no material impact to core business. 
- **Employee Growth**: 700 salespeople, 650 engineers. Hiring focused on R&D for Realize, cautious on costs. 
- **Competitive Position**: Performance advertising resilience vs. branding spend. First-party data advantage over walled gardens.

Taboola.com (TBLA)-7 May 25-2025 Q1 Earnings call transcript

- **Record Financials**: 2024 ex-TAC gross profit +25%, EBITDA +104%, free cash flow $149M (vs. $100M target)
- **$200M Buyback Expansion**: Total $240M authorization to reduce shares
- **Realize Platform**: $55B TAM expansion beyond native ads, using existing advertiser creatives
- **2025 Guidance**: 2% growth, 30%+ EBITDA margin
- **Competitive Edge**: First-party data/AI, 600M daily users, 11,000+ publishers
- **Strategic Shift**: From native niche to full-funnel performance advertising

**【CEO Summary Section】**
- **Record Year Performance**: 2024 ex-TAC gross profit reached $667 million (+25% YoY), adjusted EBITDA $201 million (+104% YoY), and free cash flow $149 million (vs. $100M target). 
- **$200M Buyback Expansion**: Added to existing $40M authorization, total $240M to reduce shares while maintaining Yahoo's 25% ownership cap.
- **2025 Guidance**: 2% ex-TAC gross profit and EBITDA growth, targeting 30%+ EBITDA margin. 
- **Realize Platform Launch**: New performance ad platform to expand beyond native, targeting $55B TAM. Advertisers can now use existing display/social creatives on 600M daily users across 11,000+ publishers.
- **Strategic Shift**: Moving from niche native ads to full-funnel performance, driven by first-party data/AI and unmatched scale (650 engineers, 700 salespeople).

**【CFO Financial Commentary】**
- **Q4 2024 Results**: 
  - Revenues $491M, ex-TAC GP $213M (+26% YoY), adj. EBITDA $92M (+84% YoY)
  - Full year free cash flow $149M (74% EBITDA conversion)
  - Net loss $3.8M vs. $82M in 2023
- **New Metrics**: 
  - Scaled advertisers (> $100K/yr spend) make up 85% of revenue
  - Avg. rev per scaled advertiser
- **Balance Sheet**: $103.9M net cash, $226.6M cash equiv., $122.7M long-term debt
- **2025 Outlook**: 
  - Revenues $1.84-1.89B, ex-TAC GP $674-690M, adj. EBITDA $201-209M
  - Free cash flow conversion 50-60% of EBITDA

**【Q&A Highlights】**
- **Amazon Threat**: Taboola focuses on open web commerce, not walled gardens. Connexity sees growth in social commerce influencers driving traffic to retailers.
- **CTV Growth**: CTV is top-of-funnel, not core for performance. Taboola focuses on display/DSP fragmentation and social's diminishing returns.
- **Realize Timeline**: Launched Q1 2025, tracking retention and spend growth. Early beta feedback positive on transparency/control vs. Google/The Trade Desk.
- **Yahoo Integration**: Advertiser spend on non-Yahoo supply underperformed expectations ($15M vs. expectations). Realize aims to unlock this demand.
- **Buyback Prioritization**: Share buybacks > debt repayment due to undervalued stock. May explore debt refinancing later.

Actual	-1.39	0.07	0	0.015	-0.02	-0.1	0.06	-0.09	-0.09	-0.07	0.01	-0.08	-0.01	-0.02	0.1	-0.03	-0.01	0.02	0.17
Forecast	-0.23	-0.0233	0.03	-0.0459	-0.08	-0.1183	0.0533	-0.156	-0.1133	-0.12	-0.0429	-0.0786	-0.0529	0.0117	0.106	-0.05	-0.0083	-0.0014	0.115
Surprise	-504.35%	+400.43%	-100.00%	+132.68%	+75.00%	+15.47%	+12.57%	+42.31%	+20.56%	+41.67%	+123.31%	-1.78%	+81.10%	-270.94%	-5.66%	+40.00%	-20.48%	+1528.57%	+47.83%

TBLA

TBLA fundamentals

TBLA Q4 2025 Earnings

Earnings Call

You can ask Aime

TBLA

TBLA fundamentals

TBLA Q4 2025 Earnings

Earnings Call

TBLA Earnings Call Summary for Q4/20258:30 AM on Feb 25, 2026

TBLA Earnings Call Summary for Q3/20258:30 AM on Nov 5, 2025

TBLA Earnings Call Summary for Q2/20258:30 AM on Aug 6, 2025

TBLA Earnings Call Summary for Q1/20258:30 AM on May 7, 2025

TBLA Earnings Call Summary for Q4/20248:30 AM on Feb 26, 2025

You can ask Aime