Cardlytics (CDLX) Invested Capital (2016 - 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.
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Analysis
Cardlytics (CDLX) Invested Capital (2016 - 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 | 3,522.13 Bn | 3,257.03 Bn | 76.16 Bn | 802.65 Bn |
| 2 | Meta Platforms | 1,639.39 Bn | 1,303.91 Bn | 51.23 Bn | 353.31 Bn |
| 3 | Netflix | 259.77 Bn | 221.06 Bn | 6.80 Bn | 44.42 Bn |
| 4 | Alibaba Group Holding | 238.46 Bn | 60.53 Bn | 15.16 Bn | 184.62 Bn |
| 5 | Shopify | 188.67 Bn | 173.82 Bn | 1.78 Bn | - |
| 6 | Uber Technologies | 142.87 Bn | 114.08 Bn | 6.42 Bn | 44.24 Bn |
| 7 | AppLovin | 131.04 Bn | 119.57 Bn | 1.94 Bn | 6.81 Bn |
| 8 | Spotify Technology | 124.73 Bn | 81.65 Bn | 1.89 Bn | 9.98 Bn |
| 9 | Booking Holdings | 119.44 Bn | 53.19 Bn | - | 9.65 Bn |
| 10 | Cardlytics | 8.89 Mn | -157.62 Mn | 29.73 Mn | 196.67 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 196.67 Mn |
| Jun 30, 2026 | 183.41 Mn |
| Mar 31, 2026 | 270.34 Mn |
| Dec 31, 2025 | 282.55 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 | 488.73 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 |
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_KEYimport 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();