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CRITEO REPORTS STRONG SECOND QUARTER 2025 RESULTS
Criteo S.A.Criteo S.A.(US:CRTO) Prnewswireยท2025-07-30 11:00

Core Viewpoint - Criteo S.A. has raised its full-year 2025 outlook, reflecting confidence in its business strategy and performance, as evidenced by disciplined execution and a solid foundation for future growth [1][9]. Financial Highlights - Revenue for Q2 2025 was $483 million, a 2% increase year-over-year, while gross profit rose 11% to $259 million [8][9]. - Contribution ex-TAC for Q2 2025 increased 9% year-over-year to $292 million [9][10]. - Net income for Q2 2025 was $23 million, down 18% from $28 million in Q2 2024, resulting in diluted EPS of $0.39 [10][11]. - Adjusted EBITDA for Q2 2025 was $89 million, a decrease of 4% year-over-year [11][41]. Operating Highlights - Criteo's media spend was $4.3 billion over the last 12 months, with $1.0 billion in Q2 2025, remaining flat year-over-year at constant currency [7]. - Retail Media Contribution ex-TAC grew 11% year-over-year at constant currency, with same-retailer retention at 112% [7]. - The company expanded its platform to 4,000 brands and launched new technologies, including Auction-Based Display and a global integration with Mirakl Ads [7]. Cash Flow and Financial Position - Cash flow from operating activities was $(1) million in Q2 2025, while Free Cash Flow was $(36) million [13][14]. - As of June 30, 2025, Criteo had $241 million in cash and marketable securities, down from $290 million at the end of 2024 [14][35]. Business Outlook - Criteo expects Contribution ex-TAC to grow by 3% to 4% at constant currency for the full year 2025, an increase from previous low-single-digit growth guidance [15][17].