Cardlytics (CDLX) Debt Ratio (2017 - 2026)
Cardlytics' (CDLX) Debt Ratio was 0.72 for Q2 2026, up 21.6% from 0.59 a year earlier and up 12.6% from the prior quarter.
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Analysis
Cardlytics (CDLX) Debt Ratio (2017 - 2026) Analysis & Trends
For FY2025, Debt Ratio at Cardlytics was 0.59, up 406.2% from FY2024.
- By year, Debt Ratio came in at 0.12 in FY2024 (+123.5%), 0.05 in FY2023 and 0.15 in FY2021 (-64.6%).
- Five-year quarterly Debt Ratio spans a low of 0.05 in Q4 2023 and a high of 0.73 in Q3 2025.
- Year over year, Debt Ratio has now increased in each of the last eight quarters, with growth averaging 90.6% over the last eight quarters.
- The high point for year-over-year Debt Ratio in five years was Q4 2025 (growth of 406.2%); the low point was Q3 2021 (a decline of 66.3%).
- Per Business Quant data, the three quarters before Q2 2026 came in at 0.64 (Q1 2026), 0.59 (Q4 2025) and 0.73 (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt Ratio (Qtr) |
|---|---|---|---|---|---|
| 1 | Alphabet | 4,071.44 Bn | 3,828.96 Bn | 73.85 Bn | 0.11 |
| 2 | Meta Platforms | 1,777.07 Bn | 1,479.59 Bn | 49.47 Bn | 0.19 |
| 3 | Netflix | 272.74 Bn | 232.94 Bn | 6.52 Bn | 0.24 |
| 4 | Alibaba Group Holding | 242.17 Bn | 55.95 Bn | 15.11 Bn | 0.07 |
| 5 | Shopify | 225.98 Bn | 203.16 Bn | 1.71 Bn | - |
| 6 | Uber Technologies | 137.80 Bn | 109.60 Bn | 6.38 Bn | 0.19 |
| 7 | Booking Holdings | 121.57 Bn | 54.62 Bn | - | 0.68 |
| 8 | PDD Holdings | 110.14 Bn | -133.64 Bn | 9.45 Bn | - |
| 9 | Spotify Technology | 107.49 Bn | 64.99 Bn | 1.86 Bn | - |
| 10 | Cardlytics | 10.42 Mn | -170.10 Mn | - | 0.79 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 0.79 |
| Mar 31, 2026 | 0.91 |
| Dec 31, 2025 | 0.87 |
| Sep 30, 2025 | 0.73 |
| Jun 30, 2025 | 0.59 |
| Mar 31, 2025 | 0.58 |
| Dec 31, 2024 | 0.12 |
| Sep 30, 2024 | 0.53 |
| Jun 30, 2024 | 0.40 |
| Mar 31, 2024 | 0.40 |
| Dec 31, 2023 | 0.05 |
| Sep 30, 2023 | 0.40 |
| Jun 30, 2023 | 0.41 |
| Mar 31, 2023 | 0.37 |
| Sep 30, 2022 | 0.21 |
| Jun 30, 2022 | 0.21 |
| Mar 31, 2022 | 0.18 |
| Dec 31, 2021 | 0.15 |
| Sep 30, 2021 | 0.15 |
| Jun 30, 2021 | 0.15 |
API Access
Cardlytics Debt Ratio API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=debt-ratio&ticker=CDLX&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "debt-ratio", "ticker": "CDLX", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=debt-ratio&ticker=CDLX&period=max&api_key=YOUR_API_KEY");
const data = await res.json();