Cardlytics Q1 revenue falls 39%

Cardlytics

07/05/2026 21:35

Overview

Commerce media platform's Q1 revenue fell 39% yr/yr, missing analyst expectations

Adjusted EPS for Q1 beat analyst expectations

Company completed Bridg divestiture and liquidated PAR shares to bolster balance sheet

Outlook

Cardlytics expects Q2 2026 revenue between $35.0 mln and $40.0 mln

Company anticipates Q2 2026 billings of $61.0 mln to $67.0 mln

Cardlytics projects Q2 2026 adjusted EBITDA between ($2.7) mln and $1.3 mln

Result Drivers

BANKING MIX SHIFT - Co said results reflected an anticipated shift in its banking partner mix

OPERATIONAL DISCIPLINE - Co attributed results to a leaner, more disciplined operating model, per CEO Amit Gupta

Company press release: ID:nBw3WKPX6a

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q1 Revenue
Miss
$34.32 mln
$37.20 mln (4 Analysts)
Q1 Adjusted EPS
Beat
-$0.11
-$0.21 (3 Analysts)
Q1 EPS
-$0.08
Q1 Net Income
-$4.48 mln
Q1 Billings
$58.15 mln


Analyst Coverage

The current average analyst rating on the shares is "hold" and the breakdown of recommendations is no "strong buy" or "buy", 4 "hold" and 1 "sell" or "strong sell"

The average consensus recommendation for the software peer group is "buy."

Wall Street's median 12-month price target for Cardlytics Inc is $1.00, about 25.8% above its May 6 closing price of $0.80

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)