Cardlytics (CDLX) Research & Development (2017 - 2026)
Cardlytics' (CDLX) quarterly Research & Development came in at $6.4 million in Q1 2026, down 37.44% YoY from $10.3 million in Q1 2025, and down 17.68% on a QoQ basis from $7.8 million in Q4 2025.
Cardlytics (CDLX) Research & Development (2017 - 2026) Analysis & Trends
Cardlytics (CDLX) has 10 years of Research & Development data on file, last reported at $6.4 million in Q1 2026.
- Quarterly Research & Development fell 37.44% year-over-year to $6.4 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $33.4 million (down 32.99% YoY) and the FY2025 annual result came in at $39.8 million, down 24.47% from the prior year.
- Research & Development fell to $6.4 million in Q1 2026, from $7.8 million in the prior quarter.
- In the past five years, Research & Development ranged from a high of $35.1 million in Q4 2022 to a low of $6.4 million in Q1 2026.
- A 5-year average of $13.6 million and a median of $13.2 million in 2024 frame the typical range for Research & Development.
- Annual changes were most pronounced in 2022 — Research & Development surged 84.81% — and 2023, when it sank 47.07%.
- Tracing CDLX's Research & Development over 5 years: stood at $35.1 million in 2022, then slumped by 47.07% to $18.6 million in 2023, then tumbled by 30.39% to $12.9 million in 2024, then tumbled by 39.62% to $7.8 million in 2025, then slipped by 17.68% to $6.4 million in 2026.
- The last three Research & Development figures came in at $6.4 million (Q1 2026), $7.8 million (Q4 2025), and $7.9 million (Q3 2025), per Business Quant data.
Powered by 
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | AppLovin | 102.55 Bn | 99.50 Bn | 1.70 Bn | 99.90 Mn |
| 2 | Omnicom | 24.60 Bn | 21.26 Bn | 1.30 Bn | - |
| 3 | Trade Desk | 6.25 Bn | 4.77 Bn | 530.72 Mn | 174.40 Mn |
| 4 | Wpp | 5.67 Bn | 2.50 Bn | - | - |
| 5 | Magnite | 3.38 Bn | 3.05 Bn | 130.79 Mn | 47.00 Mn |
| 6 | Stagwell | 2.16 Bn | 2.05 Bn | 269.24 Mn | - |
| 7 | DoubleVerify Holdings | 2.05 Bn | 1.84 Bn | 161.31 Mn | 48.26 Mn |
| 8 | Ziff Davis | 2.03 Bn | 425.05 Mn | 241.03 Mn | 122.17 Mn |
| 9 | Clear Channel Outdoor Holdings | 1.21 Bn | 1.02 Bn | 241.86 Mn | - |
| 10 | Cardlytics | 24.99 Mn | -3.04 Mn | - | 6.61 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 6.61 Mn |
| Mar 31, 2026 | 6.43 Mn |
| Dec 31, 2025 | 7.81 Mn |
| Sep 30, 2025 | 7.87 Mn |
| Jun 30, 2025 | 11.30 Mn |
| Mar 31, 2025 | 10.28 Mn |
| Dec 31, 2024 | 12.94 Mn |
| Sep 30, 2024 | 13.16 Mn |
| Jun 30, 2024 | 13.47 Mn |
| Mar 31, 2024 | 14.12 Mn |
| Dec 31, 2023 | 18.58 Mn |
| Sep 30, 2023 | 14.16 Mn |
| Jun 30, 2023 | 14.85 Mn |
| Mar 31, 2023 | 11.56 Mn |
| Dec 31, 2022 | 35.11 Mn |
| Sep 30, 2022 | 13.76 Mn |
| Jun 30, 2022 | 13.58 Mn |
| Mar 31, 2022 | 12.29 Mn |
| Dec 31, 2021 | 19.00 Mn |
| Sep 30, 2021 | 11.14 Mn |