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Cardlytics — Third Quarter 2026 Earnings Summary

  • Revenue, billings, and adjusted contribution declined 30%, 32%, and 24% year-over-year respectively, while net loss narrowed significantly to $(8.9) million from $(72.7) million in Q3 2025.
  • Q4 2026 guidance projects continued declines in revenue (23–31% YoY), billings (22–29% YoY), and adjusted contribution (15–26% YoY), with adjusted EBITDA expected to range from $(1.0) million to $2.0 million.
  • Management reports a leaner cost structure with higher contribution margins, though cash and cash equivalents decreased to $29.9 million and net cash used in operating activities was $(5.9) million.
  • The company completed the Bridg Sale in March 2026, with results classified as discontinued operations, and maintains a $169.7 million convertible senior notes balance.
Company
CARDLYTICS INC
Sector
Communication Services
Industry
Advertising Agencies