v3.26.1
Segment information (Tables)
 6 Months Ended
Jun. 30, 2026
Segment Reporting [Abstract]  
Schedule of Segment Reporting Information
The following table shows revenue by reportable segment:
Three Months EndedSix Months Ended
June 30, 2026June 30, 2025June 30, 2026June 30, 2025
(in thousands)
Retail Media$47,907 $60,913 $89,178 $120,411 
Performance Media380,111 421,758 763,479 813,694 
Total Revenue$428,018 $482,671 $852,657 $934,105 
The following table shows TAC by reportable segment:
Three Months EndedSix Months Ended
June 30, 2026June 30, 2025June 30, 2026June 30, 2025
(in thousands)
Retail Media$739 $904 $1,421 $1,612 
Performance Media171,806 189,698 345,395 376,052 
Total Traffic Acquisition Costs$172,545 $190,602 $346,816 $377,664 

The following table shows Contribution ex-TAC by reportable segment and its reconciliation to the Company’s Consolidated Statements of Operation:
Three Months EndedSix Months Ended
June 30, 2026June 30, 2025June 30, 2026June 30, 2025
(in thousands)
Contribution ex-TAC
Retail Media$47,168 $60,009 $87,757 $118,799 
Performance Media208,305 232,060 418,084 437,642 
$255,473 $292,069 $505,841 $556,441 
Other cost of revenue
33,259 33,551 60,885 60,947 
Gross profit$222,214 $258,518 $444,956 $495,494 
Operating expenses
Research and development expenses$71,945 $79,610 141,628 140,359 
Sales and operations expenses85,539 108,215 183,040 197,104 
General and administrative expenses49,722 40,238 94,880 79,409 
Total Operating expenses$207,206 $228,063 $419,548 $416,872 
Income from operations$15,008 $30,455 $25,408 $78,622 
Financial and other income319 (1,801)2,192 501 
Income before tax$15,327 $28,654 $27,600 $79,123