Quarterly ResultMay 7, 2026, 04:10 PM
Cardlytics Q1 Revenue $34.3M; Net Loss $(4.5)M; Adjusted EBITDA $0.2M
AI Summary
Cardlytics reported Q1 2026 financial results, with revenue from continuing operations of $34.3 million, a 39% decrease year-over-year. The company achieved a net loss of $(4.5) million, an improvement from $(13.3) million in Q1 2025, and Adjusted EBITDA turned positive at $0.2 million. These results reflect the successful divestiture of Bridg on March 24, 2026, which contributed $9.3 million in income from discontinued operations. Cardlytics also provided Q2 2026 guidance, anticipating Billings between $61.0 million and $67.0 million.
Key Highlights
- Q1 2026 Revenue from continuing operations was $34.3 million, down 39% year-over-year.
- Q1 2026 Net Loss was $(4.5) million, an improvement from $(13.3) million year-over-year.
- Q1 2026 Adjusted EBITDA was $0.2 million, up from $(4.1) million year-over-year.
- The company completed the divestiture of Bridg on March 24, 2026, contributing $9.3 million income from discontinued operations.
- Monthly Qualified Users (MQUs) decreased 8% year-over-year to 197.0 million.
- Cardlytics anticipates Q2 2026 Revenue between $35.0 million and $40.0 million.
- Q2 2026 Adjusted EBITDA is projected to be between $(2.7) million and $1.3 million.