Every 10-Q that Criteo S.A. (CRTO) has filed with the SEC in the last 24 months is listed below, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 10-Q covers the quarterly report filed between annual reports, so if you follow CRTO and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full CRTO filings page.
Criteo S.A. reported weaker results for the quarter ended June 30, 2026. Revenue fell 11% to $428,018 (in thousands), driven by a 21% decline in Retail Media to $47,907 (in thousands) from scope changes with two clients and a 10% drop in Performance Media to $380,111 (in thousands) on softer Commerce Growth and supply-side activity. Gross profit decreased 14% to $222,214 (in thousands), and Contribution ex-TAC declined 13% to $255,473 (in thousands).
Net income for the quarter fell 49% to $11,751 (in thousands), while Adjusted EBITDA decreased 18% to $73,299 (in thousands), reflecting lower Contribution ex-TAC, partially offset by reduced R&D and sales and operations expenses. General and administrative costs rose on restructuring, transformation and litigation-related items, including restructuring charges of about $8.0 million year-to-date. For the first half of 2026, revenue was $852,657 (in thousands), net income $20,331 (in thousands) and Adjusted EBITDA $138,198 (in thousands), all down versus 2025. Criteo ended June with cash and cash equivalents of $252,236 (in thousands), held-to-maturity securities of $50,840 (in thousands) and access to a €407.0 million revolving credit facility, for total liquidity of about $766.8 million, after repurchasing $61.3 million of shares in the first half.
Criteo S.A. reported first-quarter 2026 revenue of $424.6 million, down 6% year over year, as both Retail Media and Performance Media softened. Retail Media revenue fell 31%, while Performance Media declined 2%, reflecting client scope changes and mixed vertical trends.
Gross profit decreased 6% to $222.7 million. Net income dropped sharply to $8.6 million from $40.0 million, with basic EPS at $0.16 versus $0.70, mainly due to higher operating expenses and lower gross profit. Adjusted EBITDA declined 30% to $64.9 million.
Criteo generated $48.2 million in operating cash flow, down from $62.3 million, and ended the quarter with $320.3 million in cash, cash equivalents and restricted cash. Total available financial liquidity was $888.7 million, including a revolving credit facility and marketable securities. The company repurchased $31.0 million of shares and continues a multi-year buyback authorization up to $959.0 million. Criteo is also progressing with its planned legal domicile transfer from France to Luxembourg, expected in the third quarter of 2026.
Criteo (CRTO) reported stronger Q3 2025 results. Revenue reached $469.7 million (up 2% year over year), while gross profit rose 11% to $256.5 million as traffic acquisition costs declined 6%. Net income climbed to $40.1 million from $6.1 million, with diluted EPS of $0.70 versus $0.11.
Segment performance was mixed: Retail Media revenue grew 10% to $67.1 million, and Performance Media edged up 1% to $402.5 million. Contribution ex‑TAC increased 8% to $288.1 million. Adjusted EBITDA rose 28% to $105.1 million, reflecting higher gross profit and disciplined expenses. Operating cash flow for the quarter was $89.6 million.
Cash and cash equivalents were $255.0 million, and total liabilities decreased versus year‑end. The company continued buybacks under its program authorized up to $805.0 million. Legal updates include a $7.0 million settlement (with a $5.5 million indemnification agreement recorded) and dismissal of a separate putative class action with respect to the company. Subsequent to quarter end, Criteo announced an intention to redomicile to Luxembourg and move to a direct Nasdaq listing, subject to required approvals. As of October 24, 2025, shares outstanding were 52,549,158.
Criteo S.A. (CRTO) Q2-25 10-Q highlights
Revenue grew 2% YoY to $482.7 M, driven by Retail Media +11% while Performance Media was flat. Currency-neutral growth was flat as Euro/JPY strength cut $10 M. Traffic acquisition costs fell 7% to $190.6 M, lifting gross margin to 53.6% (49.4% LY) and Contribution ex-TAC to $292.1 M (+9%).
Operating expenses jumped 17% to $228.1 M, mainly from R&D +33% (accelerated cookie-related amortisation $7.9 M) and sales & ops +14%. Operating income fell 18% to $30.5 M; net income declined 18% to $22.9 M, or $0.39 diluted EPS (vs $0.46). H1-25 net income improved 72% to $62.9 M on lighter TAC and lower other costs.
Cash & balance sheet
- Cash & equivalents: $205.7 M (-$85 M YTD) after $104.5 M share buybacks; new authorisation raised to $805 M.
- Operating cash flow H1: $60.9 M (+95% YoY); capex/internally developed software $52.3 M.
- Total equity rose to $1.128 B; net cash position unaffected by long-term debt ($0.3 M).
Key developments & risks
- Largest customer (4.6% FY-24 sales) to reduce scope from Nov-25.
- Alphabet halted cookie deprecation; company recorded $0.9 M impairment and extended server useful life to 6 yrs.
- Ongoing CNIL GDPR fine (€40 M) under appeal; new class action over health-data advertising filed Jul-25.
Regionally, Americas revenue -6%, EMEA +10%, APAC +7%. Retail Media momentum and lower TAC offset regional softness, but rising opex and legal uncertainties weigh on profitability and cash.