---
schema_version: "secwatch.filing_event.v1"
accession: "0001666071-25-000156"
form_type: "8-K"
ticker: "CDLX"
cik: "0001666071"
company_name: "Cardlytics, Inc."
filed_at: "2025-11-05T23:59:59+00:00"
generated_at: "2026-05-17T00:19:01.465515+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Cardlytics Q3 revenue $52M (-22% YoY); net loss $72.7M, adj EBITDA positive $3.2M

## Summary
- Revenue $52.0M, down 22% YoY; net loss $72.7M ($1.36/share) improved from $145.2M loss in Q3 2024.
- Adjusted EBITDA $3.2M vs $(1.8)M in Q3 2024; Adjusted Contribution $30.0M (down 17% YoY).
- MQUs 230.3M (+21% YoY) but ACPU fell to $0.11 from $0.16.
- Q4 guidance: Billings $86M-$96M, Revenue $51.1M-$59.1M, Adj EBITDA $0.9M-$7.9M.
- CEO Amit Gupta cites 'decisive action to reset business' and return to growth.

## SEC filing metadata
- accession: 0001666071-25-000156
- form_type: 8-K
- ticker: CDLX
- cik: 0001666071
- company_name: Cardlytics, Inc.
- filed_at: 2025-11-05T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1666071/000166607125000156/0001666071-25-000156-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1666071/000166607125000156/cdlx-20251105.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001666071-25-000156
- JSON: https://secwatch.observer/filing/0001666071-25-000156.json
- Plain text: https://secwatch.observer/filing/0001666071-25-000156.txt

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