Taboola (TBLA) Q3 2026 Earnings
The filing reports Non-GAAP Net Income of $39,894 thousand but no non-GAAP per-share figure. GAAP Q3 net income includes $13,696 thousand of share-based compensation, $4,126 thousand of non-cash Commercial agreement asset amortization, $1,120 thousand of litigation expenses (Taboola as plaintiff) and $459 thousand of acquisition-related legal fees.
How Did TBLA Stock React to Q3 2026 Earnings?
Did TBLA Beat Earnings? Q3 2026 Results
No. Taboola reported Q3 2026 earnings of $0.06 a share on Nov 4, 2026, missing the $0.14 consensus estimate by 57.1%. Revenue was $462.3M against a $466.8M estimate.
Taboola delivered a mixed third quarter for fiscal 2026, posting revenue of $462.26 million, down 7.0% year over year and narrowly missing the $466.79 million consensus, while GAAP earnings per share of $0.06 fell well short of the $0.14 Wall Street had expected, a gap of 57.14%. The GAAP figure reflects share-based compensation of $13.70 million, non-cash commercial agreement asset amortization of $4.13 million, litigation expenses of $1.12 million, and $459,000 in acquisition-related legal fees. The more encouraging story was beneath the revenue line: traffic acquisition costs fell sharply to $277.63 million from $324.08 million, lifting ex-TAC gross profit 6.8% to $188.76 million and pushing adjusted EBITDA up 16.1% to $56.01 million, evidence that the company's deliberate pivot away from lower-quality supply is improving unit economics even as it compresses the top line. Securities litigation stemming from an earlier earnings miss adds an overhang to watch. For the fourth quarter, Taboola guided revenue of $477 million to $493 million and adjusted EBITDA of $73.5 million to $82.5 million, with the pending Dianomi acquisition expected to close before year-end.
- Traffic acquisition cost declined to $277.6M from $324.1M, lifting gross profit 9.6% despite a 6.9% revenue decline
- Ex-TAC Gross Profit up 6.8% to $188.8M
- Adjusted EBITDA up 16.1% to $56.0M; margin expanded to 29.7% from 27.3%
- Lower depreciation and amortization ($9.5M vs $20.3M) and lower operating expenses boosted operating income to $26.9M from $6.5M
- Related party revenue rose to $68.2M from $52.1M
- Share repurchases of $30.4M reduced diluted weighted-average shares to ~285.8M from ~305.7M
“In the third quarter, we delivered $189 million in ex-TAC and $56 million in Adjusted EBITDA.”
Taboola CEO, on the earnings call
What Is Taboola's Outlook?
Q4 2026 guidance: - Revenues of $477–$493 million - Gross profit of $174–$183 million - ex-TAC Gross Profit of $204.5–$213.5 million - Adjusted EBITDA of $73.5–$82.5 million - Non-GAAP Net Income of $53–$62 million Full-year 2026 guidance: - Revenues of $1,882.5–$1,898.5 million - Gross profit of $595–$604 million - ex-TAC Gross Profit of $754–$763 million - Adjusted EBITDA of $212–$221 million - Non-GAAP Net Income of $151–$160 million The Dianomi acquisition is expected to close before the end of the year.
TBLA YoY Financials
| Metric | Q3 2026 | Q3 2025 | Year over year |
|---|---|---|---|
| Revenue | $462.3M | $496.8M | −7.0% |
| Gross Profit | $152.3M | $139.0M | +9.6% |
| Operating Income | $26.9M | $6.5M | +313.7% |
| Net Income | $18.4M | $5.2M | +250.2% |
Figures from SEC filings and company reports. Not investment advice.