Creative Realities Sees Q4 Revenue Surge to $23.9M, Projects $100M in 2026
Creative Realities’ Q4 2025 revenue rose to $23.9M from $11M year-over-year, with net loss narrowing to $1.9M from $2.8M and gross debt increasing to $43.3M after financing the CDM deal. CDM added $13.6M in Q4 revenue, and management projects 2026 revenue above $100M with adjusted EBITDA margins over 20%.
1. Q4 2025 Financial Results
Creative Realities reported Q4 revenue of $23.9M, up from $11M in the prior year, while net loss narrowed to $1.9M from $2.8M and gross debt climbed to $43.3M following financing of the CDM acquisition.
2. CDM Acquisition Integration
The CDM acquisition contributed $13.6M to Q4 revenue and deepened market penetration in Canada’s quick-service restaurant drive-thru segment, enhancing the company’s position as a leader in digital display solutions.
3. Growth Outlook and Pipeline
Management forecasts 2026 revenue exceeding $100M with adjusted EBITDA margins above 20% once synergies are realized. The company closed an $8M stadium project, is finalizing a large QSR chain contract, has multiple Retail Media Network pilots, expects 7–8 lottery RFPs, and secured a $6M AMC media network deal structured 70/30 hardware to software with a five-year revenue share.