Cardlytics Q2 FY26 net loss widens to $14.9 million; revenue drops 36% to $36.9 million YoY - CDLX News | RalliesCardlytics Q2 FY26 net loss widens to $14.9 million; revenue drops 36% to $36.9 million YoY
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CDLX• Q2 results weaken as revenue and users decline
- Cardlytics posted Q2 revenue of $36.9 million, down 36% year over year; GAAP net loss widened to $14.9 million.
- Non-GAAP billings fell 34% to $65.5 million; adjusted contribution dropped 32% to $21.3 million.
- Non-GAAP adjusted EBITDA eased 43% to $1.7 million; monthly qualified users declined 17% to 185.4 million.
Management points to improving margins and gives Q3 outlook
- CEO Amit Gupta said margins improved each month in the quarter, citing new advertiser relationships and deeper financial-institution partnerships.
- For Q3, Cardlytics guided billings of $61 million-$67 million; revenue of $34 million-$39 million, adjusted EBITDA of $0-$3 million.
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