| Metric | Value ($ M) | Q1 FY26 | Q2 FY25 |
|---|---|---|---|
| Revenue | 428.02 | 0.8% | 11.3% |
| Total Income | 428.02 | 0.8% | 11.3% |
| Expenditure | 413.01 | 0.3% | 8.7% |
| PBT | 15.33 | 24.9% | 46.5% |
| Net Profit | 11.19 | 43.1% | 47.3% |
| OPM | 3.51% | 1.06pp | 2.80pp |
| NPM | 2.61% | 0.77pp | 1.79pp |
| EPS | 0.23 | 43.8% | 42.5% |
Criteo Reports Q2 2026 Results, Appoints New CFO
05 Aug 2026 · 5 Aug, 4:41 pm
Summary
Criteo reported second quarter 2026 revenue of $428 million, an 11% decrease year-over-year, with a gross profit margin of 52%. Net income declined 49% to $12 million, and Adjusted EBITDA was $73 million, down 18%. The company highlighted the appointment of Connor McGogney as CFO and noted that its updated outlook reflects a more conservative view of business trends. Management expressed confidence in their Commerce Intelligence strategy and execution.
Key Highlights
- 1
Criteo reported Q2 2026 revenue of $428 million, a decrease of 11% year-over-year.
- 2
Gross profit for Q2 2026 was $222 million, down 14% year-over-year, with a gross profit margin of 52%.
- 3
Net income for Q2 2026 was $12 million, a decrease of 49% compared to $23 million in Q2 2025.
- 4
Adjusted EBITDA for Q2 2026 was $73 million, an 18% decrease year-over-year.
- 5
The company deployed $30 million to repurchase shares in Q2 2026.
- 6
Criteo appointed Connor McGogney as Chief Financial Officer, effective August 10, 2026.
Management Comments
Michael Komasinski
While our second quarter top line performance was disappointing, our long-term strategy remains unchanged. We remain confident in our Commerce Intelligence strategy and are strengthening execution, diversifying our business and positioning Criteo to help shape the next generation of AI driven commerce. On behalf of the Board and the entire leadership team, I want to thank Sarah for her outstanding leadership and significant contributions over the past six years. Sarah has been instrumental in strengthening Criteo’s financial foundation, driving greater operational discipline and helping guide the Company through a period of significant transformation.
Sarah Glickman
Our updated outlook reflects a more conservative view of our business trends for the remainder of the year. Our strong profitability, cash flow and balance sheet provide the financial flexibility to execute our strategy, maintain disciplined capital allocation and create long term shareholder value. Serving as Criteo's Chief Financial Officer has been one of the most rewarding experiences of my career. I am incredibly proud of what we have accomplished together and deeply grateful to my colleagues across Criteo for their partnership, dedication and support over the past six years.
Connor McGogney
I am honored to take on the role of Chief Financial Officer at Criteo. I look forward to continuing to work with the rest of the executive team as we build on our strong financial foundation and execute our strategy with discipline to maximize shareholder value.
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