Cardlytics (CDLX) Invested Capital (2017 - 2026)
Cardlytics (CDLX) reported Invested Capital of $153.41 million for Q2 2026, down 43.8% from $273 million a year earlier and down 7.1% from the prior quarter.
Analysis
Cardlytics (CDLX) Invested Capital (2017 - 2026) Analysis & Trends
For FY2025, Cardlytics posted Invested Capital of $162.34 million, up 40.1% from FY2024.
- Invested Capital has a five-year compound annual growth rate of -13.3% (FY2020 to FY2025).
- By year, Invested Capital came in at $115.86 million in FY2024 (-29.7%), $164.8 million in FY2023 (-22.1%), $211.61 million in FY2022 (-75.8%) and $875.1 million in FY2021 (+164.2%).
- The Q2 2026 figure ranks as the lowest quarterly Invested Capital since Q4 2024.
- Year over year, Invested Capital gained in 1 of the last eight quarters, with an average decline of 26.4%.
- The high point for year-over-year Invested Capital in five years was Q3 2021 (growth of 170.4%); the low point was Q4 2022 (a decline of 75.8%).
- Per Business Quant data, the three quarters before Q2 2026 came in at $165.13 million (Q1 2026), $162.34 million (Q4 2025) and $209.94 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Invested Cap. (Qtr) |
|---|---|---|---|---|---|
| 1 | Alphabet | 4,180.92 Bn | 3,938.44 Bn | 73.85 Bn | 738.65 Bn |
| 2 | Meta Platforms | 1,847.76 Bn | 1,550.28 Bn | 49.47 Bn | 344.89 Bn |
| 3 | Netflix | 289.73 Bn | 249.92 Bn | 6.52 Bn | 44.46 Bn |
| 4 | Alibaba Group Holding | 249.81 Bn | 67.68 Bn | 15.11 Bn | 187.69 Bn |
| 5 | Shopify | 192.08 Bn | 169.26 Bn | 1.71 Bn | - |
| 6 | Uber Technologies | 139.76 Bn | 111.74 Bn | 6.38 Bn | 40.94 Bn |
| 7 | Booking Holdings | 122.41 Bn | 55.46 Bn | - | 9.40 Bn |
| 8 | PDD Holdings | 110.94 Bn | -140.99 Bn | 9.45 Bn | - |
| 9 | Spotify Technology | 100.32 Bn | 57.56 Bn | 1.86 Bn | - |
| 10 | Cardlytics | 16.03 Mn | -164.50 Mn | - | 153.41 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 153.41 Mn |
| Mar 31, 2026 | 165.13 Mn |
| Dec 31, 2025 | 162.34 Mn |
| Sep 30, 2025 | 209.94 Mn |
| Jun 30, 2025 | 273.00 Mn |
| Mar 31, 2025 | 278.04 Mn |
| Dec 31, 2024 | 115.86 Mn |
| Sep 30, 2024 | 282.93 Mn |
| Jun 30, 2024 | 422.92 Mn |
| Mar 31, 2024 | 427.01 Mn |
| Dec 31, 2023 | 164.80 Mn |
| Sep 30, 2023 | 482.47 Mn |
| Jun 30, 2023 | 492.89 Mn |
| Mar 31, 2023 | 458.73 Mn |
| Dec 31, 2022 | 211.61 Mn |
| Sep 30, 2022 | 806.19 Mn |
| Jun 30, 2022 | 789.47 Mn |
| Mar 31, 2022 | 936.62 Mn |
| Dec 31, 2021 | 875.10 Mn |
| Sep 30, 2021 | 870.39 Mn |
API Access
Cardlytics Invested Capital 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=invested-capital&ticker=CDLX&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "invested-capital", "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=invested-capital&ticker=CDLX&period=max&api_key=YOUR_API_KEY");
const data = await res.json();