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Taboola.com (TBLA) investor relations material

Taboola.com Morgan Stanley Technology, Media & Telecom Conference 2026 summary

Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.
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Morgan Stanley Technology, Media & Telecom Conference 2026 summary2 Mar, 2026

Business overview and evolution

  • Operates as a leading performance advertising platform for the open web, leveraging unique intent data from 600 million monthly users to deliver targeted outcomes for advertisers and monetization for publishers.

  • Transitioned in 2025 from a native advertising focus to a broader performance advertising platform with the launch of Realize, enabling support for multiple ad formats and placements.

  • Realize aims to unlock access to a much larger market, expanding from a $4–5 billion native segment to a $40–50 billion open web opportunity.

2025 performance and strategic initiatives

  • Achieved nearly $2 billion in revenue, $714 million ex-TAC, $214 million EBITDA, and a 30% EBITDA margin in 2025.

  • Generated over $160 million in cash flow and repurchased about 18% of outstanding shares.

  • Focused sales efforts on Ideal Customer Profiles in high-performing verticals such as e-commerce, finance, travel, direct-to-consumer, auto, and health.

2026 outlook and growth drivers

  • Guiding to 7% year-over-year ex-TAC growth and maintaining 30% EBITDA margins for 2026, with a goal to return to double-digit growth.

  • Key growth metric is the number of scaled advertisers (spending over $100,000 annually), which represents 85–86% of revenue.

  • Strategic focus areas include verticalized sales teams, rebranding to emphasize full-spectrum performance advertising, and continuous AI-driven platform enhancements.

Data security with third-party AI tools?
Beyond 2026 guide, what drives growth?
What market misperceptions hinder valuation?
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Q1 20266 May, 2026
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Frequently asked questions

Taboola.com Ltd operates a platform for various websites and mobile applications that drive user engagement and monetization by recommending Internet and mobile content to users. It offers Taboola Feed, a personalized content discovery platform that offers personalized search results; Taboola Discovery, which promotes the media brands' premium opportunities through the distribution of editorial recommendations across the Internet; and Taboola Video, an online video advertising powered by software that provides data-driven video tools, such as online video tracking tool, automatic video creation tools and solutions, and data analytics.

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