Cardlytics, Inc. (CDLX) Earnings Call Transcripts
Cardlytics, Inc.'s Latest Earnings Call - Q1 FY2026
In Q1 2026, Cardlytics reported revenue of $34.3 million, a 39% decrease year-over-year, while total revenue including Bridg results was $38.5 million. Adjusted EBITDA improved to positive $0.2 million compared to negative $4.1 million in Q1 2025, indicating operational efficiency gains. Management provided Q2 guidance expecting revenue between $35 million and $40 million, signaling a commitment to sequential growth despite ongoing challenges in the travel and hospitality sectors.
Reported metrics
| Metric | Value |
|---|---|
| Revenue | $34.3 million (miss) |
| Adjusted EBITDA | $0.2 million (beat) |
| Adjusted Operating Expenses | $19.5 million (beat) |
| Billings | $58.1 million (miss) |
| Free Cash Flow | $-7.9 million (beat) |
| U.K. Revenue Growth | 21% YoY (positive) |
Guidance from management
For Q2 2026, Cardlytics expects revenue between $35 million and $40 million, indicating a commitment to sequential growth despite challenges in certain sectors.
What management said
We're moving forward with a stronger foundation to operate the leading purchase intelligence platform. Our team is heads down executing on our strategic priorities to deliver value for our advertisers, partners, shareholders and end consumers. I'll now turn it over to the operator to begin Q&A.
I'm not sure if Amit is coming through, but I can jump in here for closing remarks. I would reiterate for all of our listeners that as we stated at the beginning, we are executing against the plan that we set forth at the beginning of the year, which is to operate through 2026 showing sequential growth as well as being able to show and perform with self-sustainability. Amit, if you are back on, you want to have any...
What analysts pressed on
Analysts raised concerns about the impact of the Bank of America departure on future revenue and billings. There were also questions regarding the sustainability of the recent improvements in adjusted EBITDA and whether the company can maintain its growth trajectory amidst macroeconomic pressures.
Main topics on the call
- Revenue Decline — Cardlytics experienced a significant revenue decline of 39% year-over-year, with Q1 revenue reported at $34.3 million. CEO Amit Gupta noted, 'Despite the departure of Bank of America in January, we were able to retain th...
- Improved Adjusted EBITDA — The company reported adjusted EBITDA of positive $0.2 million, a notable improvement from negative $4.1 million in Q1 2025. This reflects the company's ability to execute with a lower expense base, as highlighted by CFO ...
- U.K. Business Performance — Cardlytics' U.K. business showed strong performance, with revenue surging over 21% year-over-year. Gupta stated, 'This momentum highlights our omnichannel strength, particularly with the restaurant and retail sectors.'
- Sequential Growth Guidance — Management provided guidance for Q2 2026, expecting revenue between $35 million and $40 million, indicating a commitment to sequential growth. Evans mentioned, 'Our guidance represents quarterly sequential growth of 10% ...
Read the full Cardlytics, Inc. transcript (Q1 FY2026) → Summary generated from the call transcript; every figure above is stated by management on the record.
About Cardlytics, Inc.
Cardlytics, Inc. (CDLX) is a publicly listed company in the Media industry, within the Communication Services sector. It trades on NasdaqGM and is based in US. EarningsCalls.dev maintains a free, full-text archive of its earnings call transcripts — 32 calls on record spanning March 3, 2020 to August 5, 2026. Every transcript is split into speaker-by-speaker segments with headline metrics, free to read or available through our REST API.
Earnings Call History
EarningsCalls.dev has 32 Cardlytics, Inc. earnings call transcripts on record, spanning March 3, 2020 to August 5, 2026. Based on this history, Cardlytics, Inc. reports quarterly. The most recent call on file is dated August 5, 2026. The full list is below — each row opens the complete, free-to-read transcript.
- Ticker
- CDLX
- Exchange
- NasdaqGM
- Country
- US
- Sector
- Communication Services
- Industry
- Media
- Calls on record
- 32
- First call
- March 3, 2020
- Most recent
- August 5, 2026
- Reporting cadence
- quarterly