Criteo S.A. reported third-quarter 2026 financial results showing a 11% year-over-year decline in revenue to $416 million and an 85% drop in net income to $6 million, or $0.11 per diluted share. Adjusted EBITDA fell 39% to $65 million, while Contribution ex-TAC decreased 17% to $240 million. The decline was driven by softness in Performance Media and previously communicated scope changes with two Retail Media clients. Operating expenses decreased 9% year-over-year to $187 million due to disciplined resource allocation and lower share-based compensation. Free cash flow for the quarter was $21 million, down from $67 million in the prior year period. The company maintained its full-year guidance expecting Contribution ex-TAC to decrease between 10% and 12%. Criteo operates as a global commerce intelligence platform providing advertising technology and insights.
