Cardlytics annual operating expenses
2016
2017
2018
2019
2020
2022
2023
2024
2025
Cardlytics Operating Expenses Growth & History (CDLX)
Cardlytics's operating expenses was $150.3M for fiscal 2025.
View full Cardlytics company overviewCardlytics annual operating expenses history
| Fiscal year | Period ended | Operating expenses | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | $150.3M | −$34.1M | −18.49% |
| 2024 | 2024-12-31 | $184.4M | −$9.6M | −4.96% |
| 2023 | 2023-12-31 | $194.0M | −$54.1M | −21.81% |
| 2022 | 2022-12-31 | $248.2M | — | — |
| 2020 | 2020-12-31 | $240.8M | $13.1M | +5.73% |
| 2019 | 2019-12-31 | $227.8M | $36.2M | +18.87% |
| 2018 | 2018-12-31 | $191.6M | $44.1M | +29.93% |
| 2017 | 2017-12-31 | $147.5M | −$21.6M | −12.77% |
| 2016 | 2016-12-31 | $169.1M | — | — |
Cardlytics quarterly operating expenses
Q1.17
Q2.17
Q3.17
Q4.17
Q1.18
Q2.18
Q3.18
Q4.18
Q1.19
Q2.19
Q3.19
Q4.19
Q1.20
Q2.20
Q3.20
Q4.20
Q1.21
Q1.25
Q2.25
Q3.25
Q4.25
Q1.26
Q2.26
| Fiscal quarter | Period ended | Operating expenses | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | $42.3M | −$25.3M | −37.40% |
| Q1 2026 | 2026-03-31 | $42.6M | −$25.0M | −36.95% |
| Q4 2025 | 2025-12-31 | $30.0M | — | — |
| Q3 2025 | 2025-09-30 | $34.0M | — | — |
| Q2 2025 | 2025-06-30 | $67.6M | — | — |
| Q1 2025 | 2025-03-31 | $67.5M | — | — |
| Q1 2021 | 2021-03-31 | $75.4M | $18.0M | +31.27% |
| Q4 2020 | 2020-12-31 | $73.2M | $5.2M | +7.59% |
| Q3 2020 | 2020-09-30 | $62.2M | −$799,000 | −1.27% |
| Q2 2020 | 2020-06-30 | $48.0M | −$6.3M | −11.53% |
| Q1 2020 | 2020-03-31 | $57.4M | $14.9M | +35.18% |
| Q4 2019 | 2019-12-31 | $68.0M | $9.4M | +16.05% |
| Q3 2019 | 2019-09-30 | $63.0M | $19.8M | +45.74% |
| Q2 2019 | 2019-06-30 | $54.2M | $7.0M | +14.85% |
| Q1 2019 | 2019-03-31 | $42.5M | −$41,000 | −0.10% |
| Q4 2018 | 2018-12-31 | $58.6M | $17.2M | +41.40% |
| Q3 2018 | 2018-09-30 | $43.2M | $9.3M | +27.38% |
| Q2 2018 | 2018-06-30 | $47.2M | $9.1M | +23.80% |
| Q1 2018 | 2018-03-31 | $42.5M | $8.6M | +25.35% |
| Q4 2017 | 2017-12-31 | $41.5M | — | — |
| Q3 2017 | 2017-09-30 | $33.9M | — | — |
| Q2 2017 | 2017-06-30 | $38.1M | — | — |
| Q1 2017 | 2017-03-31 | $33.9M | — | — |
Cardlytics operating expenses trends
Over the last five fiscal years, Cardlytics's operating expenses decreased from $240.8M to $150.3M, a change of −$90.5M. The latest reported quarter, Q2 2026, shows $42.3M.
About the metric
What operating expenses mean
Operating expenses are the recurring costs of running a company’s business beyond the direct costs used to calculate gross profit. They commonly include selling, general and administrative expenses, research and development, and other operating costs.
Calculation and source
SEC-reported and calculated operating expenses
TickerStat uses operating expenses reported in company SEC filings when available. When a separate total is unavailable, it calculates operating expenses as aligned gross profit minus operating income for the same fiscal period. Fiscal periods can differ from calendar years, so exact period-end dates are included.
Review Cardlytics source filings ↗