Cardlytics, Inc.

CDLX Communication Services Advertising Agencies

In the quarter to June 2026, revenue fell 36.5%, EPS fell 43.3%, free cash flow fell 211.7% and total debt fell 13.9%, each against the same quarter a year earlier. Insiders bought in the last twelve months.

2.03 0.03 −1.46%
Market cap
$12.1M
P/E
0.0×
Fwd P/E
−0.7×
Dividend yield
—
F-score
6/9
Altman Z
−6.87
Beneish M
−4.63
Dividend safety
n/a

Insider Decisions trades per month

Total buys 0.13
Total sells 0.54
Totals in millions of $.
Dec 25 Mar 26 Jun 26 Sep 26
Buy — — — — — — 1 — — — — —
Sell — — 3 1 — 3 — — 2 1 — 1
Insider Ownership 4.15%

Capital & Financial Ratios $m

Market Cap 12.13
Revenue 190.00
Net Income (100.28)
Free Cash Flow (10.90)
Net Debt 156.37
Current Ratio 1.62 (at or above 1.5: strong)
Debt/Equity (11.52) (negative: negative equity)
P/E ratio 0.00
Fwd P/E (0.73) (negative: loss-making)
P/S ratio 0.06
P/B ratio 0.00
Past 5Y EPS Growth —
This Y EPS Growth 76.44% (at or above 15%: strong)
Next Y EPS Growth (50.16%) (below 0%: weak)
Next Y revenue growth (36.25%) (below 0%: weak)
Next 5Y EPS Growth 27.95% (at or above 15%: strong)

Green and red mark values outside typical ranges. How we judge →

Valuation vs history

P/S against its own 10 years 0.09%
10-year low 10-year high
EV/Sales against its own 10 years 22.54%
10-year low 10-year high

Dividends

Payout Ratio —
Annual Dividend Rate —
Annual Dividend Yield —
total individual payouts
2024 Powerpack
2023 Powerpack
2022 Powerpack
2021 Powerpack
2020 Powerpack
2019 Powerpack
2017 Powerpack
special payouts not included in total or ratios

Assets vs Liabilities $m

2023 2024 2025 Q'26
Cash 92 66 49 28
Receivables 126 107 85 70
Inventory — — — —
Other — — — —
224 178 137 101
2023 2024 2025 Q'26
Payables 4 4 3 1
ST’ Debt — 46 — —
Other 39 5 — —
171 149 78 62

Compound Annual Growth %

10y 5y 3y
Sales 11.63% 4.53% (7.89%)
Cash Flow 0.00% 0.00% 0.00%
Earnings 0.00% 0.00% 0.00%
Book Value 0.00% 0.00% 0.00%

Revenue $m

Mar Jun Sep Dec Year
’26 34 37 — — —
’25 56 58 52 67 233
’24 68 70 67 74 278
’23 64 77 79 89 309
’22 68 75 73 83 299
’21 53 59 65 90 267
’20 46 28 46 67 187
Fiscal quarters ending in the months shown.

Operating Cash Flow $m

Mar Jun Sep Dec Year
’26 (6) (9) — — —
’25 (7) 1 2 13 9
’24 (18) 4 1 3 (9)
’23 (10) 6 1 3 0
’22 (20) (7) (14) (13) (54)
’21 (13) (15) (10) (1) (39)
’20 (3) (4) (6) 6 (8)
Fiscal quarters ending in the months shown.

Free Cash Flow $m

Mar Jun Sep Dec Year
’26 (8) (11) — — —
’25 (11) (3) (3) 10 (6)
’24 (22) 0 (4) (1) (28)
’23 (13) 3 (2) (1) (13)
’22 (22) (11) (18) (16) (67)
’21 (16) (18) (13) (4) (51)
’20 (5) (6) (8) 2 (18)
Fiscal quarters ending in the months shown.

EPS $

Mar Jun Sep Dec Year
’26 (0.80) (2.58) — — —
’25 (2.60) (1.80) (13.60) (1.50) (19.50)
’24 (5.60) (0.90) (29.00) (3.10) (39.10)
’23 4.00 (6.70) (6.30) (25.60) (36.90)
’22 8.90 (37.50) 1.90 (113.20) (139.20)
’21 (8.50) (14.30) (13.50) (3.50) (39.90)
’20 (5.10) (7.30) (5.60) (2.40) (20.40)
Fiscal quarters ending in the months shown.

Target Price Range

Analyst price targets

Recommendation Rating

3.3
1Buy 2 3Hold 4 5Sell

Ten years at a glance Fiscal years to December

Group Line 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 Trend 2026e 2027e 2028e
Price, $
Price, $ Low — — 98.00 103.00 273.26 606.60 35.00 25.70 28.90 8.52

Analyst estimates 2026–2028

Powerpack
High — — 282.89 654.30 1,504.60 1,614.70 734.10 195.70 205.20 40.45
People
People Employees 342 342 402 432 471 591 501 434 454 275
Revenue/emp, $m 0.33 0.38 0.37 0.49 0.40 0.45 0.60 0.71 0.61 0.85
Income, $m
Income, $m Revenue 113 130 151 210 187 267 299 309 278 233
Gross margin, % 35.82 38.44 36.29 37.76 33.86 38.69 37.73 42.17 43.44 44.85
EBT (76) (20) (53) (17) (55) (136) (467) (135) (189) (103)
EBT margin, % (67.09) (15.07) (35.20) (8.15) (29.65) (51.07) (156.33) (43.56) (68.02) (44.36)
Net income (76) (20) (53) (17) (55) (129) (465) (135) (189) (103)
Depreciation 11 12 8 7 19 50 499 102 161 88
Per share, $
Per share, $ Revenue 477.85 403.61 79.06 88.62 68.68 82.95 89.33 84.74 57.55 43.92
Earnings (320.61) (78.60) (27.90) (7.20) (20.40) (39.90) (139.20) (36.90) (39.10) (19.50)
Cash flow (137.65) (68.43) (9.97) 4.82 (2.79) (11.96) (16.13) (0.05) (1.82) 1.75
Capex (10.78) (5.10) (3.85) (4.64) (3.72) (3.90) (4.04) (3.40) (3.99) (2.97)
Free cash flow (148.42) (73.53) (13.82) 0.18 (6.51) (15.86) (20.17) (3.45) (5.81) (1.22)
Book value (918.40) (646.09) 27.27 60.33 57.76 214.49 63.32 36.94 14.47 (1.23)
Shares, m 0 0 2 2 3 3 3 4 5 5
Valuation, ×
Valuation, × P/E 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
P/S 0.36 0.36 1.37 7.09 20.79 7.97 0.60 1.05 0.64 0.26
P/B 0.00 0.00 3.97 10.42 24.72 3.08 0.85 2.41 2.56 0.00
EV/Sales 0.63 0.63 1.28 6.60 20.18 7.81 0.97 1.68 1.18 1.15
EV/FCF (3.53) (3.53) (7.34) (26,694.68) (212.86) (40.81) (4.29) (40.81) (11.57) (40.10)
Cash, $m
Cash, $m Operating cash flow (32) (22) (19) 11 (8) (39) (54) 0 (9) 9
Capex (3) (2) (7) (11) (10) (13) (13) (12) (19) (16)
Free cash flow (35) (24) (26) 0 (18) (51) (67) (13) (28) (6)
Balance, $m
Balance, $m Working capital 29 32 72 117 304 31 1 53 29 59
Total debt 112 57 47 0 179 190 231 258 214 209
Net debt 89 36 (13) (105) (114) (43) 109 166 148 160
Shareholders’ equity (217) (209) 52 143 157 691 212 135 70 (7)
Returns, %
Returns, % ROA (90.66) (27.06) (41.80) (9.07) (17.14) (15.25) (47.60) (21.29) (39.16) (30.51)
ROIC 0.00 0.00 (65.91) (27.98) (78.64) (11.83) (89.22) (28.22) (56.05) (41.40)
ROE 40.46 11.93 67.89 (17.56) (36.89) (30.33) (103.13) (77.77) (184.88) (326.02)
Negative figures in brackets.

All 10 years →

Fiscal years to Dec 2025 · latest quarter Jun 2026

Charts ten years each

Cardlytics, Inc. vs peers in Advertising Agencies (Q) = latest quarter vs a year earlier

Company Market cap P/E Fwd P/E Revenue growth (Q) EPS growth (Q) FCF growth (Q) Gross margin (Q) EBIT margin (Q) Compare
MF MindForge Inc. $19.7M — — — — −235.57% (below 0%: shrinking) 1.20% (2.14%) Compare
ACCS ACCESS Newswire Inc. $17.8M — (loss-making) — (loss-making) −0.05% (below 0%: shrinking) n/m −62.96% (below 0%: shrinking) 73.19% (5.46%) Compare
DLPN Dolphin Digital Media Inc. $13.0M — (loss-making) — (loss-making) +2.52% (above 0%: growing) n/m −110.78% (below 0%: shrinking) 92.88% (7.14%) Compare
CDLX Cardlytics, Inc. $12.1M — (loss-making) — (loss-making) −36.46% (below 0%: shrinking) n/m −211.74% (below 0%: shrinking) 50.49% (14.75%)
EDHL Everbright Digital Holding Limited $11.6M — — — — — — — Compare
TULP Bloomia Holdings, Inc. $10.2M — (loss-making) 1.4× +110.46% (above 0%: growing) n/m −55.41% (below 0%: shrinking) 21.12% (52.81%) Compare
WIMI WiMi Hologram Cloud Inc. $9.8M — (loss-making) — (loss-making) −52.14% (below 0%: shrinking) −100.00% (below 0%: shrinking) −106.37% (below 0%: shrinking) 30.59% 0.00% Compare
TDIC Dreamland Limited $7.5M — — — — −345.84% (below 0%: shrinking) — — Compare
BAOS Baosheng Media Group Holdings Limited $6.4M 5.8× — (loss-making) — — −165.95% (below 0%: shrinking) 79.96% 0.00% Compare
Median of peers $10.9M — — +1.24% — −110.78% 51.89% (3.80%)

All 42 Advertising Agencies stocks →

Cardlytics, Inc. (CDLX) key facts

  • Cardlytics, Inc. (CDLX) is an Advertising Agencies company in the Communication Services sector, listed on Nasdaq.
  • As of October 16, 2026, CDLX traded at $2.03, a market capitalization of $12.1 million.
  • Return on equity was −326.0% and debt-to-equity -11.52.
  • Its Piotroski F-score is 6 out of 9 and its Altman Z-score is −6.87 (distress zone) for fiscal 2025.

Source: company filings (standardised) and stockrow calculations.

Cardlytics, Inc. (CDLX) Latest News

12 Aug

6 Aug

Impact 3 · transcript
stockrow.com/CDLX · Data as of Jun 30, 2026 · For information only; not investment advice. · © 2026 stockrow.com