Quarterly ResultMay 6, 2026, 07:12 AM
Criteo Q1 Revenue $425M, Net Income $9M, EPS $0.15 (79% drop)
AI Summary
Criteo reported Q1 2026 financial results with revenue of $425 million, a 6% decrease year-over-year, and net income of $9 million, a significant 79% drop. Diluted EPS also fell 77% to $0.15. The company deployed $31 million for share repurchases and made progress on its AI roadmap and platform expansion, but lowered its full-year 2026 Contribution ex-TAC guidance due to a challenging macro environment and client scope changes.
Key Highlights
- Q1 2026 Revenue decreased 6% YoY to $425 million ($409.5M at constant currency, -9%).
- Q1 2026 Net Income dropped 79% YoY to $9 million; Diluted EPS was $0.15, down 77%.
- Q1 2026 Contribution ex-TAC decreased 5% YoY to $250 million (9% at constant currency).
- Q1 2026 Adjusted EBITDA fell 30% YoY to $65 million; Adjusted diluted EPS was $0.73, down 34%.
- Retail Media Contribution ex-TAC decreased 31% YoY, impacted by $27M from client scope changes.
- Performance Media Contribution ex-TAC decreased 2% YoY at constant currency.
- Criteo repurchased $31 million of shares in Q1 2026.
- FY2026 Contribution ex-TAC guidance lowered to low-single-digit decrease at constant currency.