secwatch.observer — SEC 8-K summary
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Issuer:     Cardlytics, Inc. (CDLX)
CIK:        0001666071
Form:       8-K
Filed at:   2026-03-04T23:59:59+00:00
Accession:  0001666071-26-000008
Event type: earnings
Sentiment:  negative
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1666071/000166607126000008/0001666071-26-000008-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1666071/000166607126000008/cdlx-20260304.htm
  HTML page:      https://secwatch.observer/filing/0001666071-26-000008

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer