Quarterly ResultAug 5, 2026, 07:11 AM
Criteo Q2 Revenue $428M, down 11%; Net Income $12M, down 49%
AI Summary
Criteo S.A. reported a challenging second quarter for 2026, with revenue decreasing 11% to $428 million and net income falling 49% to $12 million year-over-year. The company also announced the appointment of Connor McGogney as its new Chief Financial Officer, effective August 10, 2026, replacing Sarah Glickman. Criteo updated its full-year 2026 guidance, projecting a further decline in Contribution ex-TAC, reflecting a more conservative business outlook.
Key Highlights
- Q2 2026 Revenue decreased 11% year-over-year to $428 million.
- Q2 2026 Net Income was $12 million, a 49% decrease year-over-year.
- Q2 2026 Diluted EPS was $0.22, down 44% year-over-year.
- Connor McGogney appointed Chief Financial Officer, effective August 10, 2026, succeeding Sarah Glickman.
- Company deployed $30 million to repurchase shares in Q2 2026.
- Updated FY 2026 guidance expects Contribution ex-TAC to decrease 12% to 10% at constant currency.
- Q3 2026 Contribution ex-TAC is expected to be between $237 million and $241 million.
Price Impact
More from CRTO