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Cardlytics (CDLX)

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Earnings summaries and quarterly performance for Cardlytics.

Recent press releases and 8-K filings for CDLX.

Cardlytics Reports Q3 2025 Financial Results and Q4 Outlook
CDLX
Earnings
Guidance Update
Layoffs
  • Cardlytics reported Q3 2025 billings of $89.2 million, a 20.3% decrease year-over-year, and revenue of $52.0 million, down 22.4%. Despite top-line weakness, adjusted EBITDA was positive $3.2 million, an increase of $5.0 million from the prior year.
  • The company experienced headwinds from its largest FI partner blocking advertiser content, which impacted billings, but mitigated a significant portion by shifting volume to other partners and expanding its network.
  • Cardlytics implemented a 30% workforce reduction in Q3, contributing to $26 million in annualized cash savings, following earlier reductions totaling $50 million this year.
  • For Q4 2025, the company expects billings between $86 million and $96 million and adjusted EBITDA between $0.9 million and $7.9 million, aiming for positive adjusted EBITDA for both the quarter and full year.
  • Strategic initiatives include signing three new CRP partners, including OpenTable, with two expected to launch in Q4, and continued 22% revenue growth in the U.K..
Nov 5, 2025, 10:00 PM
Cardlytics Announces Third Quarter 2025 Financial Results and Q4 2025 Guidance
CDLX
Earnings
Guidance Update
Demand Weakening
  • Cardlytics reported Q3 2025 revenue of $52.0 million, a 22% decrease year-over-year, and a Net Loss of $(72.7) million, or $(1.36) per diluted share.
  • Adjusted EBITDA for Q3 2025 was $3.2 million, an improvement compared to $(1.8) million in the third quarter of 2024.
  • The company's monthly qualified users (MQUs) increased by 21% year-over-year to 230.3 million in Q3 2025.
  • For Q4 2025, Cardlytics anticipates Billings between $86.0 million and $96.0 million and Revenue between $51.1 million and $59.1 million.
Nov 5, 2025, 9:07 PM