Cardlytics, Inc. (CDLX) Revenue History
Annual and quarterly revenue from 2015 to 2025
Compound Annual Growth Rate (CAGR)
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CDLX Revenue Growth
Revenue Breakdown (FY 2025)
CDLX's revenue distribution by segment and geography for fiscal year 2025
By Product/Segment
By Geography
CDLX Revenue Analysis (2015–2025)
As of May 8, 2026, Cardlytics, Inc. (CDLX) generated trailing twelve-month (TTM) revenue of $205.7 million, reflecting significant decline in growth of -44.6% year-over-year. The most recent quarter (Q1 2026) recorded $34.3 million in revenue, down 38.8% sequentially.
Looking at the longer-term picture, CDLX's 5-year compound annual growth rate (CAGR) stands at +4.5%, indicating moderate growth over time. The company achieved its highest annual revenue of $309.2 million in 2023.
Revenue diversification analysis shows CDLX's business is primarily driven by Cost per Redemption (51%), Cost per Served Sales (31%), and Bridg Subscription Revenue (8%). With over half of revenue concentrated in Cost per Redemption, the company maintains significant focus in this area while developing other growth vectors.
When compared to Communication Services sector peers including PERI (-11.7% YoY), MGNI (+7.1% YoY), and APPS (+5.2% YoY), CDLX has underperformed the peer group in terms of revenue growth. Compare CDLX vs PERI →
CDLX Revenue vs Peers
Revenue metrics vs comparable public companies
| Company | TTM Revenue | YoY Growth | 5Y CAGR | Op. Margin | Compare |
|---|---|---|---|---|---|
| CDLXCurrent | $206M | -44.6% | +4.5% | -20.2% | |
 PERI | $440M | -11.7% | +6.0% | -3.1% | |
 MGNI | $714M | +7.1% | +26.4% | 13.7% | |
 APPS | $491M | +5.2% | +28.7% | -11.0% | |
 ACMR | $901M | +15.2% | +41.9% | 12.1% | |
 IAS | $530M | +15.5% | +19.9% | 11.4% |
CDLX Historical Revenue Data (2015–2025)
| Year | Revenue | YoY % | Gross Profit | Gross Margin | Op. Income | Op. Margin |
|---|---|---|---|---|---|---|
| 2025 | $233.3M | -16.2% | $105.1M | 45.0% | $-47,141,000 | -20.2% |
| 2024 | $278.3M | -10.0% | $120.9M | 43.4% | $-195,499,000 | -70.2% |
| 2023 | $309.2M | +3.6% | $130.4M | 42.2% | $-135,670,000 | -43.9% |
| 2022 | $298.5M | +11.8% | $112.6M | 37.7% | $-457,778,000 | -153.3% |
| 2021 | $267.1M | +42.9% | $103.3M | 38.7% | $-122,599,000 | -45.9% |
| 2020 | $186.9M | -11.2% | $63.3M | 33.9% | $-53,923,000 | -28.9% |
| 2019 | $210.4M | +39.6% | $79.5M | 37.8% | $-17,325,000 | -8.2% |
| 2018 | $150.7M | +15.6% | $54.7M | 36.3% | $-40,917,000 | -27.2% |
| 2017 | $130.4M | +15.6% | $50.1M | 38.4% | $-17,099,000 | -13.1% |
| 2016 | $112.8M | +45.3% | $40.4M | 35.8% | $-56,232,000 | -49.8% |
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Start ComparisonCDLX — Frequently Asked Questions
Quick answers to the most common questions about buying CDLX stock.
Is CDLX's revenue growth accelerating or slowing?
CDLX revenue declined -44.6% year-over-year, contrasting with the 5-year CAGR of +4.5%. TTM revenue fell to $206M. This reverses the prior growth trend.
What is CDLX's long-term revenue growth rate?
Cardlytics, Inc.'s 5-year revenue CAGR of +4.5% reflects the variable expansion pattern. Current YoY growth of -44.6% is below this long-term average.
How is CDLX's revenue distributed by segment?
CDLX reports revenue by product line and geographic region. Annual and quarterly breakdowns from 2015-2025 are available for download. Segment mix reveals concentration and diversification trends.