Highlights 

  • Integral Ad Science reported total revenue of USD 154.4 million, reflecting a 16% increase compared to the prior-year period. 
  • The company’s adjusted EBITDA rose 9% year-over-year to USD 55.3 million, representing a 36% margin. 
  • Net income for the quarter stood at USD 7.0 million, or USD 0.04 per share, compared to USD 16.1 million a year earlier. 

Integral Ad Science Holding Corp. (NASDAQ:IAS) announced its financial results for the third quarter ended September 30, 2025. The company reported total revenue of USD 154.4 million, marking a 16% year-over-year increase from USD 133.5 million in the prior-year period. 

Optimization revenue reached USD 73.7 million, reflecting a 21% increase, while Measurement revenue grew 8% to USD 57.1 million. Publisher revenue also advanced 21% year-over-year to USD 23.5 million. International revenue, excluding the Americas, accounted for USD 44.1 million, representing 29% of total quarterly revenue. 

Gross profit stood at USD 118.8 million, up 12% compared to the prior year's quarter, with a gross profit margin of 77%. 

Earnings and Margins 

Net income for the quarter was USD 7.0 million, or USD 0.04 per share, compared to USD 16.1 million, or USD 0.10 per share, in Q3 2024. The net income margin was 5% for the period. Adjusted EBITDA rose to USD 55.3 million, a 9% increase year-over-year, with a margin of 36%. 

CEO Lisa Utzschneider stated, “We exceeded our revenue and adjusted EBITDA outlook for the third quarter with strength across our businesses. We are focused on working towards closing the previously announced acquisition of IAS by Novacap while advancing our business priorities.” 

Balance Sheet and Liquidity 

As of September 30, 2025, cash and cash equivalents stood at USD 129.2 million, compared to USD 84.5 million at year-end 2024. Total assets were USD 1.21 billion, while total stockholders’ equity amounted to USD 1.10 billion. 

Business Developments 

During the quarter and subsequent months, IAS announced several initiatives and partnerships: 

  • Meta Threads Integration: Expansion of Total Media Quality measurement for Meta to include Threads. 
  • TikTok Pangle Partnership: Launch of new Brand Safety Features for TikTok’s ad network, Pangle. 
  • Snap Collaboration: Expansion of measurement tools for advertisers on Snapchat. 
  • Good-Loop Partnership: Collaboration to measure carbon emissions for digital ad impressions across the open internet. 

Transaction Update 

On September 24, 2025, IAS entered into a definitive agreement to be acquired by Novacap, a North American private equity firm, in an all-cash transaction.  

About the Company 

Integral Ad Science is a global media measurement and optimization platform providing data and analytics to help advertisers, publishers, and media platforms ensure ads are viewed by real audiences in safe and suitable environments.