Earnings ·
Cardlytics, Inc. reported financial results for the second quarter ended June 30, 2026
CDLXCardlytics, Inc.
Cardlytics, Inc. reported financial results for the second quarter ended June 30, 2026. Revenue decreased 36% year-over-year to $36.9 million, while billings fell 34% to $65.5 million. Adjusted Contribution declined 32% to $21.3 million, and the company reported a net loss of $(14.9) million compared to $(9.3) million in the prior year period. Net cash used in operating activities was $(8.6) million. Monthly qualified users dropped 17% to 185.4 million. The company provided third quarter 2026 guidance, forecasting revenue between $34.0 and $39.0 million and adjusted EBITDA between $0 and $3.0 million. Cardlytics operates a purchase intelligence platform that transforms transaction data into targeted offers for consumer brands through banking partners.