Criteo Q2 2026 net income drops 40% to USD 12 million; revenue falls 11% to USD 428 million
CRTO•
CRTO•Criteo posted Q2 2026 revenue of $428 million, down 11% year over year; contribution ex-TAC fell 12% to $255 million.
Net income was $12 million, while diluted EPS declined 44% to $0.22.
Adjusted EBITDA dropped 18% to $73 million, while free cash flow widened to a $(38) million outflow.
Retail Media media spend rose 31% to $527 million, while Performance Media media spend slipped 5% to $589 million.
Outlook targets a FY 2026 contribution ex-TAC decline of 12% to 10%; Q3 contribution ex-TAC is seen at $237 million-$241 million.