---
schema_version: "secwatch.filing_event.v1"
accession: "0001666071-26-000008"
form_type: "8-K"
ticker: "CDLX"
cik: "0001666071"
company_name: "Cardlytics, Inc."
filed_at: "2026-03-04T23:59:59+00:00"
generated_at: "2026-05-15T21:43:06.042209+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Cardlytics Q4 revenue $56.1M (-24% YoY), losses narrow; Q1 guidance weak

## Summary
- Q4 revenue $56.1M, down 24.2% YoY; billings $94.1M, down 19%.
- Net loss narrowed to $8.3M from $15.6M; adjusted EBITDA $8.5M vs $6.4M.
- Full year 2025 revenue $233.3M, down 16.2%; net loss $103.5M vs $189.3M.
- MQUs rose 18.4% to 227M; ACPU fell 35% to $0.12.
- Q1 2026 guidance: revenue $35-40M (down ~35-43% YoY), adjusted EBITDA negative $3.5-7.5M.

## SEC filing metadata
- accession: 0001666071-26-000008
- form_type: 8-K
- ticker: CDLX
- cik: 0001666071
- company_name: Cardlytics, Inc.
- filed_at: 2026-03-04T23:59:59+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/1666071/000166607126000008/0001666071-26-000008-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1666071/000166607126000008/cdlx-20260304.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001666071-26-000008
- JSON: https://secwatch.observer/filing/0001666071-26-000008.json
- Plain text: https://secwatch.observer/filing/0001666071-26-000008.txt

## Key facts
- Earnings Releases
  Cardlytics, Inc. reported financial results for the fourth quarter ended December 31, 2025.
  - Period: the fourth quarter ended December 31, 2025
  - Result: reported results
  source text: On March 4, 2026, the Company issued a press release announcing its financial results for the quarter and year ended December 31, 2025
  evidence_url: https://www.sec.gov/Archives/edgar/data/1666071/000166607126000008/0001666071-26-000008-index.htm

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