Criteo Q2 Revenue Drops 11%, CFO Steps Down, Guidance Cut — Shares Under Pressure
CRTO is trading near its 52-week low of $15.575 (8.6% above the low).
Summary
Criteo reported a disappointing Q2 with revenue down 11% and net income halved, cut its full-year guidance, and announced the departure of its CFO. The stock faces headwinds from weak Retail Media performance and a leadership transition.
Updates
· Wiseek News — OpenAI partnership doubled brands to over 2,000 and expanded to seven countries; management expects meaningful AI-driven growth in 2027. Redomiciliation to the U.S. progressing with definitive merger agreement executed and S-4 filed.
Key Events · Earnings and Guidance · CRTO
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Q2 Revenue Miss
Revenue fell 11% YoY to $428M, with Retail Media down 21% due to previously disclosed client scope changes. Contribution ex-TAC declined 13% to $255M.
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Earnings Plunge
Net income dropped 49% to $12M ($0.22 diluted EPS). Adjusted EBITDA fell 18% to $73M, with margin contracting to 29% of Contribution ex-TAC.
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Guidance Slashed
Full-year Contribution ex-TAC now expected to decline 10-12% at constant currency, with Adjusted EBITDA margin of ~30%. Q3 guidance implies a 14-15% YoY decline in Contribution ex-TAC.
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CFO Transition
Sarah Glickman steps down as CFO after six years, succeeded by Chief Strategy Officer Connor McGogney effective August 10. Glickman remains as advisor through September.
Analysis · CRTO · Trade & Services
Criteo's Q2 results missed across the board: revenue fell 11% to $428M, net income halved to $12M, and adjusted EBITDA dropped 18% to $73M. The company slashed its full-year outlook, now expecting Contribution ex-TAC to decline 10-12% — a sharp reversal from prior expectations. Adding to the uncertainty, CFO Sarah Glickman is departing after six years, replaced by Chief Strategy Officer Connor McGogney. The combination of deteriorating fundamentals, a guidance cut, and a CFO change in the midst of a redomiciliation and takeover speculation creates significant uncertainty for investors.
How filings like this one have moved
In the 30 days to Oct 3, 2026, 36.7% of the 1072 measured filings Wiseek scored 8 moved their stock by 5% or more by the next session's close. The median move was -0.61%. These are measured outcomes after filings of this importance, not a forecast for this one.
Measured one observation per ticker per day, after exclusions. Current figures: Filing Impact Tracker · open dataset
At the time of this filing, CRTO was trading at $16.92 on NASDAQ in the Trade & Services sector, with a market capitalization of approximately $1.2B. The 52-week trading range was $15.58 to $25.29. This filing was assessed with negative market sentiment and an importance score of 8 out of 10.