Criteo (CRTO) Cost of Revenue (2015 - 2026)
Criteo (CRTO) posted Cost of Revenue of $172.55 million for Q2 2026, down 9.5% from $190.6 million a year earlier and down 1.0% from the prior quarter.
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Analysis
Criteo (CRTO) Cost of Revenue (2015 - 2026) Analysis & Trends
For the trailing twelve months through Jun 30, 2026, Cost of Revenue at Criteo was $724.48 million, down 8.2% year-over-year; for FY2025, it was $770.28 million, down 5.1% from FY2024.
- Annual Cost of Revenue has declined for four consecutive years, with a five-year compound annual growth rate of -9.2% (FY2020 to FY2025).
- In prior years, Criteo's Cost of Revenue was $811.81 million in FY2024 (-12.4%), $926.84 million in FY2023 (-14.9%), $1.09 billion in FY2022 (-18.3%) and $1.33 billion in FY2021 (+6.9%).
- The Q2 2026 figure stands as the lowest quarterly Cost of Revenue in data going back to Q1 2015.
- The strongest year-over-year quarter for Cost of Revenue in the past five years was Q3 2021, with growth of 4.6%; the weakest was Q4 2022, with a decline of 25.5%.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | Alphabet | 4,173.87 Bn | 3,931.39 Bn | 73.85 Bn | 45.94 Bn |
| 2 | Meta Platforms | 1,849.67 Bn | 1,552.19 Bn | 49.47 Bn | 11.33 Bn |
| 3 | Netflix | 279.23 Bn | 239.43 Bn | 6.52 Bn | 6.04 Bn |
| 4 | Alibaba Group Holding | 245.86 Bn | 63.73 Bn | 15.11 Bn | 24.48 Bn |
| 5 | Shopify | 196.08 Bn | 173.27 Bn | 1.71 Bn | 1.88 Bn |
| 6 | Uber Technologies | 138.90 Bn | 110.88 Bn | 6.38 Bn | 7.82 Bn |
| 7 | Booking Holdings | 119.48 Bn | 52.53 Bn | - | - |
| 8 | PDD Holdings | 107.30 Bn | -144.64 Bn | 9.45 Bn | 7.08 Bn |
| 9 | Spotify Technology | 97.33 Bn | 54.56 Bn | 1.86 Bn | 3.70 Bn |
| 10 | Criteo | 715.15 Mn | -465.72 Mn | 222.21 Mn | 172.55 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 172.55 Mn |
| Mar 31, 2026 | 174.27 Mn |
| Jun 30, 2025 | 190.60 Mn |
| Mar 31, 2025 | 187.06 Mn |
| Dec 31, 2024 | 218.64 Mn |
| Sep 30, 2024 | 192.79 Mn |
| Jun 30, 2024 | 204.21 Mn |
| Mar 31, 2024 | 196.17 Mn |
| Dec 31, 2023 | 249.93 Mn |
| Sep 30, 2023 | 223.80 Mn |
| Jun 30, 2023 | 228.72 Mn |
| Mar 31, 2023 | 224.40 Mn |
| Dec 31, 2022 | 281.02 Mn |
| Sep 30, 2022 | 233.54 Mn |
| Jun 30, 2022 | 280.57 Mn |
| Mar 31, 2022 | 293.65 Mn |
| Dec 31, 2021 | 377.08 Mn |
| Sep 30, 2021 | 297.62 Mn |
| Jun 30, 2021 | 331.08 Mn |
| Mar 31, 2021 | 327.67 Mn |
API Access
Criteo Cost of Revenue 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=cost-of-revenue&ticker=CRTO&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "cost-of-revenue", "ticker": "CRTO", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=cost-of-revenue&ticker=CRTO&period=max&api_key=YOUR_API_KEY");
const data = await res.json();