# Cardlytics, Inc.: overview

CDLX · Nasdaq · CIK 1666071 · [Technology](/sectors/technology.md) · fiscal year ends Dec 31

Pages: [Overview](/companies/cdlx.md) · [Financials](/companies/cdlx/financials.md) · [Filings](/companies/cdlx/filings.md) · [Insiders](/companies/cdlx/insiders.md)

Latest reported revenue: [$36.9m](/filings/0001628280-26-053340.md) for Q2 FY2026, three months to 2026-06-30, from the 10-Q filed Aug 5, 2026 (XBRL us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax, accession 0001628280-26-053340).

## Last eight quarters

| Line item | Unit | Q3 FY2024 (2024-09-30) | Q4 FY2024 (2024-12-31) | Q1 FY2025 (2025-03-31) | Q2 FY2025 (2025-06-30) | Q3 FY2025 (2025-09-30) | Q4 FY2025 (2025-12-31) | Q1 FY2026 (2026-03-31) | Q2 FY2026 (2026-06-30) |
| --- | --- | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: |
| Revenue | $m | [61.1](/filings/0001666071-25-000159.md) | [68.3 d](/filings/0001666071-26-000010.md) | [56.4](/filings/0001628280-26-032158.md) | [58.0](/filings/0001628280-26-053340.md) | [47.0](/filings/0001666071-25-000159.md) | [50.9 d](/filings/0001666071-26-000010.md) | [34.3](/filings/0001628280-26-032158.md) | [36.9](/filings/0001628280-26-053340.md) |
| Gross margin | % | not reported | not reported | not reported | not reported | not reported | not reported | not reported | not reported |
| Operating margin | % | [(243.1%)](/filings/0001666071-25-000159.md) | [(12.2%) d](/filings/0001666071-26-000010.md) | [(19.7%)](/filings/0001628280-26-032158.md) | [(16.5%)](/filings/0001628280-26-053340.md) | [(146.6%)](/filings/0001666071-25-000159.md) | [(12.0%) d](/filings/0001666071-26-000010.md) | [(24.1%)](/filings/0001628280-26-032158.md) | [(14.8%)](/filings/0001628280-26-053340.md) |
| Net margin | % | [(237.6%)](/filings/0001666071-25-000159.md) | [(22.8%) d](/filings/0001666071-26-000010.md) | [(23.5%)](/filings/0001628280-26-032158.md) | [(16.0%)](/filings/0001628280-26-053340.md) | [(154.7%)](/filings/0001666071-25-000159.md) | [(16.2%) d](/filings/0001666071-26-000010.md) | [(13.1%)](/filings/0001628280-26-032158.md) | [(40.3%)](/filings/0001628280-26-053340.md) |
| Diluted EPS | $ per share | [(2.90)](/filings/0001666071-25-000159.md) | not reported | [(0.26)](/filings/0001666071-25-000069.md) | [(0.18)](/filings/0001666071-25-000126.md) | [(1.36)](/filings/0001666071-25-000159.md) | not reported | not reported | not reported |
| Free cash flow | $m | [0.9 d](/filings/0001666071-25-000159.md) | [2.9 d](/filings/0001666071-26-000010.md) | [(6.8)](/filings/0001628280-26-032158.md) | [0.9 d](/filings/0001628280-26-053340.md) | [1.7 d](/filings/0001666071-25-000159.md) | [13.0 d](/filings/0001666071-26-000010.md) | [(5.7)](/filings/0001628280-26-032158.md) | [(8.6) d](/filings/0001628280-26-053340.md) |

- Revenue. XBRL Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. Derived values: 12-month figure less the 9-month figure.
- Gross margin (gross profit / revenue). XBRL Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. Derived values: 12-month figure less the 9-month figure.
- Operating margin (operating income / revenue). XBRL Operating income: us-gaap:OperatingIncomeLoss; Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. Derived values: 12-month figure less the 9-month figure.
- Net margin (net income / revenue). XBRL Net income: us-gaap:NetIncomeLoss; Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. Derived values: 12-month figure less the 9-month figure.
- Diluted EPS. XBRL Diluted EPS: us-gaap:EarningsPerShareDiluted.
- Free cash flow (operating cash flow − capital expenditure). XBRL Operating cash flow: us-gaap:NetCashProvidedByUsedInOperatingActivities; Capital expenditure: us-gaap:PaymentsToAcquirePropertyPlantAndEquipment. Derived values: 9-month figure less the 6-month figure; 12-month figure less the 9-month figure; 6-month figure less the 3-month figure.

## Last five fiscal years

| Line item | Unit | FY2021 (2021-12-31) | FY2022 (2022-12-31) | FY2023 (2023-12-31) | FY2024 (2024-12-31) | FY2025 (2025-12-31) |
| --- | --- | ---: | ---: | ---: | ---: | ---: |
| Revenue | $m | [259](/filings/0001666071-24-000037.md) | [277](/filings/0001666071-25-000034.md) | [285](/filings/0001666071-26-000010.md) | [256](/filings/0001666071-26-000010.md) | [212](/filings/0001666071-26-000010.md) |
| Gross margin | % | not reported | not reported | not reported | not reported | not reported |
| Operating margin | % | [(47.4%)](/filings/0001666071-24-000037.md) | [(165.2%)](/filings/0001666071-25-000034.md) | [(47.5%)](/filings/0001666071-26-000010.md) | [(76.5%)](/filings/0001666071-26-000010.md) | [(48.0%)](/filings/0001666071-26-000010.md) |
| Net margin | % | [(49.7%)](/filings/0001666071-24-000037.md) | [(167.9%)](/filings/0001666071-25-000034.md) | [(47.2%)](/filings/0001666071-26-000010.md) | [(74.1%)](/filings/0001666071-26-000010.md) | [(48.7%)](/filings/0001666071-26-000010.md) |
| Diluted EPS | $ per share | [(3.99)](/filings/0001666071-22-000057.md) | [(13.92)](/filings/0001666071-25-000034.md) | [(3.69)](/filings/0001666071-26-000010.md) | [(3.91)](/filings/0001666071-26-000010.md) | [(1.95)](/filings/0001666071-26-000010.md) |
| Free cash flow | $m | [(41.6)](/filings/0001666071-24-000037.md) | [(55.1)](/filings/0001666071-25-000034.md) | [(0.9)](/filings/0001666071-26-000010.md) | [(10.4)](/filings/0001666071-26-000010.md) | [8.8](/filings/0001666071-26-000010.md) |

- Revenue. XBRL Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax.
- Gross margin (gross profit / revenue). XBRL Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax.
- Operating margin (operating income / revenue). XBRL Operating income: us-gaap:OperatingIncomeLoss; Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax.
- Net margin (net income / revenue). XBRL Net income: us-gaap:NetIncomeLoss; Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax.
- Diluted EPS. XBRL Diluted EPS: us-gaap:EarningsPerShareBasicAndDiluted; Diluted EPS: us-gaap:EarningsPerShareDiluted.
- Free cash flow (operating cash flow − capital expenditure). XBRL Operating cash flow: us-gaap:NetCashProvidedByUsedInOperatingActivities; Capital expenditure: us-gaap:PaymentsToAcquirePropertyPlantAndEquipment.

Each value links to the filing it came from. d marks a derived value. A ratio is not reported when any input is missing.

## Insider purchases and sales

The last 20 open-market transactions on Form 4 (codes P and S). Reported price is as stated on the form, not a market price. [All insider transactions](/companies/cdlx/insiders.md)

None in coverage.

## Funds that report holding it

From each manager’s latest Form 13F, largest reported value first. Reported value is as filed: filing data, not a price. [All funds](/funds.md)

| Fund | Quarter ended | Reported value | Shares | Put or call | Change on the quarter before |
| --- | --- | ---: | ---: | --- | --- |
| [SUSQUEHANNA INTERNATIONAL GROUP, LLP](/funds/1446194.md) | 2026-06-30 | $3.2m | 710,300 | Call | New +710,300 |
| [VANGUARD CAPITAL MANAGEMENT LLC](/funds/2100119.md) | 2026-06-30 | $981.6k | 218,612 |  | New +218,612 |
| [683 Capital Management, LLC](/funds/1404574.md) | 2026-06-30 | $898.0k | 200,000 |  | New +200,000 |
| [SUSQUEHANNA INTERNATIONAL GROUP, LLP](/funds/1446194.md) | 2026-06-30 | $602.6k | 134,200 | Put | New +134,200 |
| [KPS Global Asset Management UK Ltd](/funds/1799162.md) | 2026-06-30 | $547.3k | 121,883 |  | New +121,883 |
| [WORLDLY PARTNERS MANAGEMENT, LLC](/funds/1904574.md) | 2026-06-30 | $519.9k | 115,798 |  | New +115,798 |
| [BlackRock, Inc.](/funds/2012383.md) | 2026-06-30 | $380.1k | 84,654 |  | New +84,654 |
| [RBF Capital, LLC](/funds/1134621.md) | 2026-06-30 | $359.2k | 80,010 |  | New +80,010 |
| [GEODE CAPITAL MANAGEMENT, LLC](/funds/1214717.md) | 2026-06-30 | $263.3k | 58,618 |  | New +58,618 |
| [Quinn Opportunity Partners LLC](/funds/1633275.md) | 2026-06-30 | $207.6k | 46,239 |  | New +46,239 |

## Recent filings

[All 1,028 filings](/companies/cdlx/filings.md)

| Filed | Accepted | Form | What it is | Accession |
| --- | --- | --- | --- | --- |
| 2026-09-11 | 13:01 ET | [8-K](/filings/0001628280-26-061459.md) | 1.01 Entry into a material agreement; 9.01 Financial statements and exhibits | 0001628280-26-061459 |
| 2026-08-05 | 20:09 ET | [10-Q](/filings/0001628280-26-053340.md) | Quarterly report, period 2026-06-30 | 0001628280-26-053340 |
| 2026-08-05 | 20:02 ET | [8-K](/filings/0001628280-26-053285.md) | 2.02 Results of operations; 9.01 Financial statements and exhibits | 0001628280-26-053285 |
| 2026-06-03 | 20:26 ET | [8-K](/filings/0001628280-26-040351.md) | 3.01 Delisting notice; 3.03 Change to security holders’ rights | 0001628280-26-040351 |
| 2026-05-20 | 20:04 ET | [8-K](/filings/0001628280-26-036875.md) | 5.07 Shareholder vote results | 0001628280-26-036875 |
| 2026-05-12 | 20:10 ET | [8-K](/filings/0001628280-26-034107.md) | 5.02 Departure or appointment of officers or directors | 0001628280-26-034107 |
| 2026-05-07 | 20:20 ET | [10-Q](/filings/0001628280-26-032158.md) | Quarterly report, period 2026-03-31 | 0001628280-26-032158 |
| 2026-05-07 | 20:03 ET | [8-K](/filings/0001628280-26-032076.md) | 2.02 Results of operations; 9.01 Financial statements and exhibits | 0001628280-26-032076 |
| 2026-04-09 | 20:05 ET | [DEF 14A](/filings/0001628280-26-024446.md) | Proxy statement, period 2026-04-09 | 0001628280-26-024446 |
| 2026-03-24 | 20:17 ET | [8-K](/filings/0001628280-26-020811.md) | 2.01 Completion of an acquisition or disposition; 9.01 Financial statements and exhibits | 0001628280-26-020811 |

## Latest annual report

[Form 10-K for the fiscal year ended Dec 31, 2025](/filings/0001666071-26-000010.md), filed Mar 4, 2026.

## Forecast league

Q3 FY2026, the quarter ended 2026-09-30, is open for forecasts until the first results filing for it is accepted by EDGAR. Results are due by \[object Promise\]. [Forecast this quarter](/leagues/2026q3/targets/09b969b3-775d-4e57-94fd-b7258d1525ed)

## About the filer

- CIK: 1666071
- Tickers: CDLX
- Exchange: Nasdaq
- SIC code: 7370 Services-Computer Programming, Data Processing, Etc.
- State of incorporation: DE
- Filer category: Accelerated filer<br>Smaller reporting company

Source: SEC EDGAR, XBRL company facts, the filing index and Forms 4. Last ingested by Listed: Oct 24, 2026, 15:45 ET. No prices; not investment advice.
