Cardlytics (CDLX) Debt to Equity (2017 - 2026)

Cardlytics (CDLX) reported Debt to Equity of -$42.25 for Q1 2026, down 1365.69% on a YoY basis from $3.34 in Q1 2025, and down 62.85% quarter-over-quarter from -$25.94 in Q4 2025.

Cardlytics (CDLX) Debt to Equity (2017 - 2026) Analysis & Trends

Cardlytics has reported Debt to Equity for 10 years, with the latest figure at -$42.25 in Q1 2026.

  • For the quarter ending Q1 2026, Debt to Equity fell 1365.69% year-over-year to -$42.25; the trailing twelve-month figure through Mar 2026 stood at -$42.25 (down 1365.69% YoY), and the FY2025 full-year result was -$25.94, down 4059.55% from the prior year.
  • Debt to Equity for Q1 2026 stood at -$42.25, down from -$25.94 in the prior quarter.
  • The five-year high for Debt to Equity was $3.65 in Q2 2025, with the low at -$45.63 in Q3 2025.
  • Historically, Debt to Equity has averaged -$6.28 across 5 years, with a median of $0.39 in 2022.
  • Annual changes were most pronounced in 2024 — Debt to Equity soared 786.14% — and 2025, when it tumbled 7045.38%.
  • Cardlytics' Debt to Equity stood at $0.19 in 2022, then advanced by 17.15% to $0.22 in 2023, then soared by 194.42% to $0.66 in 2024, then tumbled by 4059.55% to -$25.94 in 2025, then plunged by 62.85% to -$42.25 in 2026.
  • The last three Debt to Equity figures came in at -$42.25 (Q1 2026), -$25.94 (Q4 2025), and -$45.63 (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Debt/Equity (Qtr)
1 AppLovin 175.91 Bn 173.15 Bn 1.78 Bn 1.49
2 Omnicom 22.52 Bn 18.86 Bn 1.04 Bn 1.00
3 Trade Desk 9.46 Bn 8.05 Bn 506.89 Mn -
4 Wpp 2.71 Bn -875.81 Mn - 1.94
5 Nexxen International 2.36 Bn 2.23 Bn 70.41 Mn -
6 Magnite 2.27 Bn 2.09 Bn 118.28 Mn 0.38
7 Ziff Davis 1.74 Bn 1.22 Bn 152.41 Mn 0.50
8 DoubleVerify Holdings 1.69 Bn 1.51 Bn 135.23 Mn -
9 Stagwell 1.60 Bn 1.51 Bn 244.61 Mn 2.07
10 Cardlytics 255.27 Mn 195.46 Mn 27.56 Mn -42.25

Historic Data

Download Data
DateValue
Mar 31, 2026 -42.25
Dec 31, 2025 -25.94
Sep 30, 2025 -45.63
Jun 30, 2025 3.65
Mar 31, 2025 3.34
Dec 31, 2024 0.66
Sep 30, 2024 0.66
Mar 31, 2024 1.14
Dec 31, 2023 0.22
Sep 30, 2023 1.14
Jun 30, 2023 1.09
Mar 31, 2023 0.13
Dec 31, 2022 0.19
Sep 30, 2022 0.39
Jun 30, 2022 0.40
Mar 31, 2022 0.32
Dec 31, 2021 0.06
Sep 30, 2021 0.26
Jun 30, 2021 0.25
Mar 31, 2021 0.24