CRTO
Criteo S.A.20.88
+0.58+2.86%
Dec 16, 4:00:01 PM EST
Earnings Call Transcripts
This Quarter (Q1 '26)
No earnings call transcript available yet
Last Quarter (Q4 '25)
FY Q4 '25
Agentic details emerge, guidance unchanged
Q&A elaborated on agentic pilots with retailers for conversational ads and LLM partners for reco services, yet Sarah confirmed zero revenue baked into flat-to-up-2% 2026 contribution ex-TAC guidance. Go's self-serve ramp appeals beyond SMBs, with larger clients leveraging cross-channel AI for higher ROAS; off-site retail media hits 40 retailers amid early market traction. Department stores down 13% and fashion 12% persist into 2026, while take rates compressed on social/CTV/display mix. Management stayed vague on LLM monetization paths. Q&A reaffirmed prepared outlook. Confident on H2 growth, investors watch agentic ramps.
Key Stats
Market Cap
1.05BP/E (TTM)
7.05Basic EPS (TTM)
2.96Dividend Yield
0%Recent Filings
8-K
Shareholders greenlight Lux move
Criteo shareholders overwhelmingly approved its cross-border conversion from France to Luxembourg on February 27, 2026, with over 50 million votes for each key proposal versus under 115,000 against. Conversion awaits notary enactment, targeting Q3 2026 close. Directors retain seats. Promises index inclusion, buyback flexibility, and ditched ADS fees boost value. Risks include completion snags.
10-K
FY2025 results
Criteo posted FY2025 revenue of $1.95B, up 1% y/y yet flat at constant currency, with Retail Media growing 2% to $264M on U.S. onsite strength while Performance Media held flat amid soft retail and supply trends. Contribution ex-TAC rose 5% to $1.17B, gross profit climbed 7% to $1.05B, and net income surged 30% to $149M, boosted by lower TAC CPMs down 5% and server depreciation cuts; Adjusted EBITDA hit $407M, up 4%. Q4 revenue dipped to $541M from $553M yet margins held firm. Cash from operations swelled to $311M. Client count slipped to ~16,800, retention ~90%. Privacy regulations threaten data access.
8-K
Proxy firms back Criteo redomicile
Criteo announced that Glass Lewis and ISS recommend shareholders vote 'FOR' its proposed redomiciliation from France to Luxembourg via cross-border conversion, swapping ADSs for direct Nasdaq-listed ordinary shares. The vote occurs February 27, 2026. Proxy firms back the shift. Completion eyes Q3 2026, pending approval, to boost index access and cut ADS fees—yet shareholder opt-outs pose risks.
8-K
Q4 revenue dips, yearly gains
Criteo reported Q4 revenue down 2% to $541M and full-year up 1% to $1.9B, with Contribution ex-TAC off 1% quarterly but up 5% annually to $1.2B; net income fell 36% to $46M in Q4 yet rose 30% yearly to $149M. Deployed $152M on share repurchases, boosting authorization to $200M. Board approved France-to-Luxembourg redomiciliation, vote February 27, targeting Q3 2026 close. Strong cash flow hit $311M yearly.
8-K
Criteo redomiciliation advances
Criteo advanced its redomiciliation from France to Luxembourg via cross-border conversion, winning board approval after a favorable works council opinion. Shareholders vote February 27, 2026; completion eyed for Q3 2026, swapping ADSs for direct Nasdaq ordinary shares to streamline structure and boost capital flexibility. Dissenters risk cash exits above thresholds.
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