Cardlytics, the Atlanta-based purchase intelligence platform that turns transaction data into targeted offers for advertisers, reported second quarter 2026 financial results on August 5, 2026. Revenue came in at 36.9 million dollars, down 36 percent from 58 million dollars a year earlier, while billings fell 34 percent to 65.5 million dollars.
The company posted a net loss of 14.9 million dollars for the quarter, compared with a 9.3 million dollar loss in the same period last year. Adjusted EBITDA, a non-GAAP measure, was 1.7 million dollars. Monthly qualified users, the metric Cardlytics uses to track targetable customers whose transaction data feeds its platform, fell 17 percent to 185.4 million, driven in part by a U.S. financial institution partner exiting the network.
CEO Amit Gupta said the quarter showed execution translating directly into results, with margins improving every month of the quarter and new advertiser relationships added alongside deepened partnerships with existing financial institutions. CFO David Evans said the results reflect the company's plan for sequential growth and self-sustainability.
Cardlytics operates by embedding personalized, data-driven offers inside banking and commerce platforms, giving advertisers visibility into roughly half of card-based transactions across the U.S. and U.K. The company, headquartered in Atlanta, is one of the metro area's established marketing technology employers, competing in a card-linked offer category that continues to consolidate around data-driven targeting platforms.
For the third quarter, Cardlytics guided to revenue between 34 million and 39 million dollars.
Source: GlobeNewswire via StockTitan - https://www.stocktitan.net/news/CDLX/cardlytics-second-quarter-2026-financial-results-driven-by-strong-4p9o1835cvmy.html