Cardlytics (CDLX) Net Margin (2017 - 2026)
Cardlytics' Net Margin was -40.33% in Q2 2026, down 24.34 percentage points from -15.99% a year earlier and down 27.28 percentage points from the prior quarter.
Cardlytics (CDLX) Net Margin (2017 - 2026) Analysis & Trends
On a trailing twelve-month basis, Cardlytics' Net Margin was -55.92% through Jun 30, 2026, up 15.83 percentage points year-over-year; for FY2025, it came in at -44.36%, up 23.66 percentage points from FY2024.
- Net Margin shows a five-year change of -14.71 percentage points (FY2020 to FY2025).
- In earlier years, Net Margin was -68.02% in FY2024 (-24.46 pp), -43.56% in FY2023 (+112.28 pp), -155.85% in FY2022 (-107.71 pp) and -48.13% in FY2021 (-18.48 pp).
- Quarterly Net Margin has moved between -458.50% (Q4 2022) and 48.64% (Q1 2022) over five years.
- Compared with a year earlier, Net Margin was higher in five of the last eight quarters, with an average year-over-year change of -2.79 percentage points.
- The best year-over-year quarter for Net Margin over five years was Q4 2023 (a gain of 345.42 percentage points); the worst was Q4 2022 (a drop of 445.36 percentage points).
- Per Business Quant data, CDLX's Net Margin in the three quarters before Q2 2026 was -13.05% (Q1 2026), -14.71% (Q4 2025) and -139.67% (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Alphabet | 4,164.76 Bn | 3,922.28 Bn | 73.85 Bn | 93.58% |
| 2 | Meta Platforms | 1,823.40 Bn | 1,525.92 Bn | 49.47 Bn | 26.07% |
| 3 | Netflix | 288.27 Bn | 248.47 Bn | 6.52 Bn | 27.08% |
| 4 | Alibaba Group Holding | 252.72 Bn | 70.58 Bn | 15.11 Bn | 3.92% |
| 5 | Shopify | 186.52 Bn | 163.71 Bn | 1.71 Bn | 41.92% |
| 6 | Uber Technologies | 139.11 Bn | 111.09 Bn | 6.38 Bn | 16.87% |
| 7 | Booking Holdings | 123.13 Bn | 56.18 Bn | - | 26.52% |
| 8 | PDD Holdings | 111.72 Bn | -140.21 Bn | 9.45 Bn | 24.19% |
| 9 | AppLovin | 103.35 Bn | 93.38 Bn | 1.70 Bn | 65.84% |
| 10 | Cardlytics | 17.12 Mn | -163.41 Mn | - | -40.33% |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -40.33% |
| Mar 31, 2026 | -13.05% |
| Dec 31, 2025 | -14.71% |
| Sep 30, 2025 | -139.67% |
| Jun 30, 2025 | -15.99% |
| Mar 31, 2025 | -23.54% |
| Dec 31, 2024 | -21.07% |
| Sep 30, 2024 | -216.51% |
| Jun 30, 2024 | -6.11% |
| Mar 31, 2024 | -35.91% |
| Dec 31, 2023 | -113.09% |
| Sep 30, 2023 | -30.33% |
| Jun 30, 2023 | -30.65% |
| Mar 31, 2023 | 21.15% |
| Dec 31, 2022 | -458.50% |
| Sep 30, 2022 | 8.62% |
| Jun 30, 2022 | -167.48% |
| Mar 31, 2022 | 48.64% |
| Dec 31, 2021 | -13.14% |
| Sep 30, 2021 | -68.52% |
Cardlytics Net Margin 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=net-margin&ticker=CDLX&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "net-margin", "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=net-margin&ticker=CDLX&period=max&api_key=YOUR_API_KEY");
const data = await res.json();