Saturday 17 October 2026 Export CRTO’s income statement to Excel — free account

Criteo S.A.

CRTO Communication Services Advertising Agencies

Criteo S.A.’s revenue for fiscal 2025 (year ended December 2025) was $1.9 billion, up 0.60% from fiscal 2024. In the quarter to June 2026, revenue fell 11.3%, EPS fell 42.5%, free cash flow fell 3.42% and total debt fell 28.2%, each against the same quarter a year earlier. Insiders bought in the last twelve months.

15.34 0.42 −2.66%

Follow CRTO

Alert me

Market cap: $879.9M
P/E: 7.6×
Fwd P/E: 8.2×
Dividend yield: —
F-score: 9/9
Altman Z: 2.36
Beneish M: −2.99
Dividend safety: n/a

Overview Business Profile Financial Analysis Income Statement Balance Sheet Cash Flow Metrics & Ratios 10-Q 10-K

Insider Decisions trades per month

Total buys 0.35

Total sells 1.83

Totals in millions of $.

	Dec 25			Mar 26			Jun 26			Sep 26
Buy	3	—	—	—	1	—	—	—	—	—	—	—
Sell	3	1	—	2	2	—	2	2	—	8	2	—

Insider Ownership 0.00%

Capital & Financial Ratios $m

Market Cap 879.88

Revenue 1,863.45

Net Income 106.78

Free Cash Flow 180.02

Net Debt (270.64)

Current Ratio 1.29

Debt/Equity 0.01

P/E ratio 7.59

Fwd P/E 8.15

P/S ratio 0.41

P/B ratio 0.65

Past 5Y EPS Growth 17.88%

This Y EPS Growth (24.40%)

Next Y EPS Growth 18.76%

Next Y revenue growth (39.57%)

Next 5Y EPS Growth (0.63%)

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

Valuation vs history

EV/Sales, ten years

P/E against its own 10 years 7.58%

10-year low 10-year high

P/S against its own 10 years 7.00%

10-year low 10-year high

P/B against its own 10 years 2.58%

10-year low 10-year high

EV/Sales against its own 10 years 8.33%

10-year low 10-year high

EV/FCF against its own 10 years 5.05%

10-year low 10-year high

Dividends

Payout Ratio —

Annual Dividend Rate —

Annual Dividend Yield —

	total	individual payouts
2020	Powerpack
2019	Powerpack
2018	Powerpack

special payouts not included in total or ratios

Assets vs Liabilities $m

	2023	2024	2025	Q'26
Cash	417	317	365	280
Receivables	847	856	653	530
Inventory	—	—	—	—
Other	48	51	53	63
	1,312	1,224	1,072	873

	2023	2024	2025	Q'26
Payables	839	803	566	457
ST’ Debt	3	3	11	10
Other	219	161	192	154
	1,140	1,047	845	678

Compound Annual Growth %

	10y	5y	3y
Sales	3.93%	(1.26%)	(1.21%)
Cash Flow	8.54%	10.92%	6.73%
Earnings	9.28%	15.07%	152.79%
Book Value	9.49%	0.57%	3.13%

Revenue $m

	Mar	Jun	Sep	Dec	Year
’26	425	428	—	—	—
’25	451	483	470	541	1,945
’24	450	471	459	553	1,933
’23	445	469	469	566	1,949
’22	511	495	447	564	2,017
’21	541	551	509	653	2,254
’20	503	438	470	661	2,073

Fiscal quarters ending in the months shown.

Operating Cash Flow $m

	Mar	Jun	Sep	Dec	Year
’26	48	20	—	—	—
’25	62	(1)	90	161	311
’24	14	17	58	169	258
’23	42	1	20	161	224
’22	75	14	42	125	256
’21	77	26	51	66	221
’20	57	33	51	44	185

Fiscal quarters ending in the months shown.

Free Cash Flow $m

	Mar	Jun	Sep	Dec	Year
’26	16	(38)	—	—	—
’25	45	(36)	67	134	211
’24	1	(4)	39	146	182
’23	9	(44)	4	142	110
’22	69	(1)	21	111	200
’21	64	13	35	56	168
’20	45	15	38	22	120

Fiscal quarters ending in the months shown.

EPS $

	Mar	Jun	Sep	Dec	Year
’26	0.15	0.22	—	—	—
’25	0.66	0.39	0.70	0.90	2.64
’24	0.14	0.46	0.11	1.23	1.90
’23	(0.20)	(0.05)	0.12	1.02	0.88
’22	0.32	(0.55)	0.10	0.25	0.14
’21	0.35	0.23	0.37	1.15	2.09
’20	0.25	0.09	0.09	0.73	1.16

Fiscal quarters ending in the months shown.

Group	Line	2016	2017	2018	2019	2020	2021	2022	2023	2024	2025	2026e
Price, $
Price, $	Low	24.23	22.00	19.13	15.90	5.89	17.64	20.56	22.10	23.87	19.00	Analyst estimates 2026–2028 Powerpack
	High	47.81	56.00	36.66	30.85	22.48	46.65	39.40	36.76	49.93	47.27
People
People	Employees	2,503	2,764	2,744	2,755	2,594	2,781	3,716	3,563	3,507	3,649
	Revenue/emp, $m	0.72	0.83	0.84	0.82	0.80	0.81	0.54	0.55	0.55	0.53
Income, $m
Income, $m	Revenue	1,799	2,297	2,300	2,262	2,073	2,254	2,017	1,949	1,933	1,945
	Gross margin, %	35.85	35.68	36.27	36.66	33.20	34.69	39.42	44.27	50.84	53.96
	EBT	120	128	142	135	107	154	42	75	154	204
	EBT margin, %	6.70	5.59	6.17	5.99	5.16	6.82	2.09	3.83	7.99	10.47
	Net income	87	97	96	96	75	138	11	55	115	149
	Depreciation	63	104	112	97	107	91	150	72	88	129
Per share, $
Per share, $	Revenue	28.41	35.26	34.61	35.17	34.05	37.13	33.61	34.71	35.27	36.74
	Earnings	1.30	1.40	1.33	1.41	1.18	2.21	0.15	0.95	2.04	2.73
	Cash flow	2.42	3.77	3.92	3.47	3.04	3.64	4.27	3.99	4.71	5.88
	Capex	(1.22)	(1.67)	(1.89)	(1.52)	(1.08)	(0.87)	(0.93)	(2.04)	(1.40)	(1.90)
	Free cash flow	1.20	2.10	2.04	1.94	1.97	2.77	3.34	1.96	3.31	3.98
	Book value	9.63	13.78	14.56	16.14	18.94	19.74	18.02	19.79	19.72	22.40
	Shares, m	63	65	66	64	61	61	60	56	55	53
Valuation, ×
Valuation, ×	P/E	32.46	18.91	16.96	12.20	17.38	17.51	159.10	25.93	19.25	7.55
	P/S	1.47	0.74	0.66	0.49	0.60	1.05	0.77	0.71	1.12	0.56
	P/B	4.35	1.89	1.56	1.07	1.08	1.97	1.44	1.24	2.01	0.92
	EV/Sales	1.37	0.56	0.50	0.31	0.37	0.80	0.57	0.50	0.96	0.38
	EV/FCF	32.43	9.41	8.50	5.61	6.37	10.69	5.77	8.82	10.22	3.49
Cash, $m
Cash, $m	Operating cash flow	153	245	261	223	185	221	256	224	258	311
	Capex	(77)	(109)	(125)	(98)	(65)	(53)	(56)	(114)	(77)	(101)
	Free cash flow	76	137	135	125	120	168	200	110	182	211
Balance, $m
Balance, $m	Working capital	223	371	329	390	464	592	181	172	178	227
	Total debt	86	4	4	4	3	1	0	3	4	11
	Net debt	(185)	(410)	(361)	(414)	(485)	(565)	(398)	(414)	(313)	(354)
	Shareholders’ equity	610	898	968	1,038	1,153	1,198	1,081	1,111	1,081	1,186
Returns, %
Returns, %	ROA	8.02	6.65	5.67	5.36	3.93	7.01	0.41	2.25	4.79	6.47
	ROIC	17.79	17.68	15.15	14.15	10.18	14.98	2.22	6.92	12.32	15.24
	ROE	15.11	12.10	9.50	9.05	6.54	11.44	0.79	4.86	10.18	12.76

Negative figures in brackets.

All 10 years →

Fiscal years to Dec 2025 · latest quarter Jun 2026

Charts ten years each

Company	Market cap	P/E	Fwd P/E	Revenue growth (Q)	EPS growth (Q)	FCF growth (Q)	Gross margin (Q)	EBIT margin (Q)	Compare
STGW Stagwell Inc.	$2.2B	128×	20.8×	+11.25% (above 0%: growing)	n/m	−53.97% (below 0%: shrinking)	34.24%	1.47%	Compare
DV DoubleVerify Holdings, Inc.	$2.1B	37.5×	21.3×	+2.52% (above 0%: growing)	+60.00% (above 0%: growing)	+63.97% (above 0%: growing)	83.24%	11.88%	Compare
ZD Ziff Davis, Inc.	$2.0B	3.2×	18.8×	−2.74% (below 0%: shrinking)	+2,623.81% (above 0%: growing)	+100.30% (above 0%: growing)	84.06%	(15.60%)	Compare
QNST QuinStreet, Inc.	$932.2M	11.4×	12.0×	+42.67% (above 0%: growing)	+450.00% (above 0%: growing)	+84.60% (above 0%: growing)	13.32%	5.11%	Compare
CRTO Criteo S.A.	$879.9M	7.6×	8.2×	−11.32% (below 0%: shrinking)	−42.50% (below 0%: shrinking)	−3.42% (below 0%: shrinking)	51.92%	3.51%
EVC Entravision Communications Corporation	$615.6M	211×	— (loss-making)	+126.24% (above 0%: growing)	n/m	+294.23% (above 0%: growing)	26.04%	13.15%	Compare
NEXN Nexxen International Ltd. Sponsored ADR	$514.3M	30.4×	18.1×	+10.52% (above 0%: growing)	−57.14% (below 0%: shrinking)	+290.91% (above 0%: growing)	81.30%	4.14%	Compare
QUOT Quotient Technology Inc.	$397.9M	— (loss-making)	— (loss-making)	−5.12% (below 0%: shrinking)	n/m	−89.94% (below 0%: shrinking)	47.07%	(20.46%)	Compare
ADV Advantage Solutions Inc.	$376.5M	— (loss-making)	— (loss-making)	+1.80% (above 0%: growing)	n/m	−56.17% (below 0%: shrinking)	11.87%	0.19%	Compare
Median of peers	$773.9M	33.9×	18.8×	+6.52%	+255.00%	+74.29%	40.65%	2.81%

All 42 Advertising Agencies stocks →

Criteo S.A. (CRTO) key facts

Strength: Criteo S.A.’s revenue for fiscal 2025 (year ended December 2025) was $1.9 billion, up 0.60% from fiscal 2024.
Criteo S.A. (CRTO) is an Advertising Agencies company in the Communication Services sector, traded in the US as an ADR.
As of October 16, 2026, CRTO traded at $15.34, a market capitalization of $879.9 million.
Return on equity was 12.8% and debt-to-equity 0.01.
Its Piotroski F-score is 9 out of 9 and its Altman Z-score is 2.36 (grey zone) for fiscal 2025.

Source: company filings (standardised) and stockrow calculations.