---
schema_version: "secwatch.filing_event.v1"
accession: "0001576427-25-000070"
form_type: "8-K"
ticker: "CRTO"
cik: "0001576427"
company_name: "Criteo S.A."
filed_at: "2025-05-02T23:59:59+00:00"
generated_at: "2026-05-22T22:44:50.745385+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Criteo Q1 earnings beat but largest Retail Media client to curtail services from Nov 2025

## Summary
- Q1 revenue $451M (flat YoY), gross profit $237M (+9%), Contribution ex-TAC $264M (+4%, +7% cc).
- GAAP diluted EPS $0.66 vs $0.12 YoY; adjusted diluted EPS $1.10 vs $0.80 (+38%).
- Adjusted EBITDA $92M (+30%), margin 35% vs 28%; Free Cash Flow $45M vs $1M.
- Deployed $56M in share repurchases in Q1; total liquidity ~$810M.
- Largest Retail Media client will curtail services from Nov 1, 2025, reducing expected revenue; multi-year platform contract continues.

## SEC filing metadata
- accession: 0001576427-25-000070
- form_type: 8-K
- ticker: CRTO
- cik: 0001576427
- company_name: Criteo S.A.
- filed_at: 2025-05-02T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1576427/000157642725000070/0001576427-25-000070-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1576427/000157642725000070/crto-20250502.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001576427-25-000070
- JSON: https://secwatch.observer/filing/0001576427-25-000070.json
- Plain text: https://secwatch.observer/filing/0001576427-25-000070.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.