Staff costs at TikTok Technology Limited fell from $245.7 million to $221.9m in 2025. The company had notified the Government of plans to cut hundreds of Dublin jobs. Its accounts say a consultation on a proposed reorganisation has concluded, but do not state how many employees left. Costs from the reorganisation are not expected to be material in 2026.

Combined pay to Irish-based directors Cormac Keenan, Elaine McGovern and Adam Presser rose from $899,000 to more than $1m.

The increase in provisions, from $916.1m, was “largely driven by adverse foreign exchange movements”, the accounts said. Of the $118.3m rise, $6.5m related to rent for an unoccupied office.

The filing also lists contingent liabilities, including a Coimisiún na Meán investigation launched in December 2025 into illegal content reporting and an issue the company reported to the Central Bank this year.

TikTok has appealed a €530m fine imposed last year by the Data Protection Commission over its handling of European users’ data.

Revenue at the Irish operation rose from $862m to $1.14bn. It reported a pretax loss of $203.4m, mainly due to currency movements.

The company recorded $65.8m in impairment losses, including $45.7m for an abandoned data centre project and $20.1m in fit-out costs for a leased office it chose not to occupy. It said a Norwegian data centre came online last year and that it announced a €1bn investment in a Finnish facility in May 2025.

In January 2026, the company reached an arrangement for €100m in compensation after the early termination of another data centre project. The accounts do not say whether it relates to reported plans to abandon a proposed second Irish data centre in Clondalkin.