CDLX (Cardlytics) Operating Margin %: -24.11% (As of Mar. 2026)


CDLX Cardlytics Inc CDLX
37 GF Score
Price $5.42
GF Value $18.72
Valuation Possible Value Trap
! 4 Warning Signs
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What is Cardlytics Operating Margin %?

Cardlytics CDLX +0.37% 37 Operating Margin % is -24.11% as of Mar. 2026. GuruFocus rates CDLX with a GF Score™ of 37/100 and a GF Value™ of $18.72 (Possible Value Trap). The stock has 4 warning signs investors should review. Among 1,023 Media - Diversified companies, Cardlytics ranks worse than 79.96% on this metric.

Operating Margin % is calculated as Operating Income divided by its Revenue. Cardlytics's Operating Income for the three months ended in Mar. 2026 was $-8.3 Mil. Cardlytics's Revenue for the three months ended in Mar. 2026 was $34.3 Mil. Therefore, Cardlytics's Operating Margin % for the quarter that ended in Mar. 2026 was -24.11%.

Good Sign:

Cardlytics Inc operating margin is expanding. Margin expansion is usually a good sign.

The historical rank and industry rank for Cardlytics's Operating Margin % or its related term are showing as below:

CDLX' s Operating Margin % Range Over the Past 10 Years
Min: -45.4   Med: -24.86   Max: -8.23
Current: -16.83


CDLX's Operating Margin % is ranked worse than
79.96% of 1023 companies
in the Media - Diversified industry
Industry Median: 2.51 vs CDLX: -16.83

Cardlytics's 5-Year Average Operating Margin % Growth Rate was 11.10% per year.

Cardlytics's Operating Income for the three months ended in Mar. 2026 was $-8.3 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Mar. 2026 was $-34.6 Mil.


Cardlytics  (NAS:CDLX) Operating Margin % Explanation

Just like Gross Margin %, it is important to see a company maintains its operating margin over time. Among the same industry, a company with higher operating margin is more efficient in its operation. It is also more stable during industry slowdown or recessions. Peter Lynch prefers those with higher margins than those with lower margins.


Be Aware

Operating Margin % can be manipulated by adjusting the rate of depreciation, depletion and amortization (DDA).

If a company is facing competition, its Operating Margin % may decline. Often the Operating Margin % declines well before the company's Revenue or even profit decline. Therefore, Operating Margin % is a very important indicator of whether the company is facing problems.

For instance, by 2012, Nokia (NOK)'s problems were well known and its stock had lost more than 90% of its market value since 2007. But Nokia’s Operating Margin % had already been in decline since 2002, although its Earnings per Share (Diluted) were still rising. Investors who paid attention to Operating Margin % would have avoided this huge loss. The same can be said for Research-in-Motion (RIMM).

Therefore, Operating Margin % is a very important screening filter for GuruFocus. GuruFocus's Buffett-Munger screener requires that the profit margin is either consistent or expanding. The Model Portfolio of the Buffett-Munger screener has outperformed the market every year since inception in 2009.


Cardlytics Operating Margin % Related Terms


Cardlytics Operating Margin % Historical Data

* Premium members only.

The historical data trend for Cardlytics's Operating Margin % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Cardlytics Operating Margin % Chart

Cardlytics Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Operating Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -36.26 -45.40 -20.59 -22.83 -19.59

Cardlytics Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Operating Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -29.07 -19.84 -18.63 -7.31 -24.11

CDLX vs SWAG, WIMI, HAFG: Operating Margin % Comparison

For the Advertising Agencies subindustry, Cardlytics's Operating Margin %, along with its competitors' market caps and Operating Margin % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Cardlytics Operating Margin % vs Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Cardlytics's Operating Margin % distribution charts can be found below:

* The bar in red indicates where Cardlytics's Operating Margin % falls into.


CDLX
37GF Score
Cardlytics Inc CDLX
Operating Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Cardlytics Operating Margin % Calculation

Operating Margin % - also known as operating income margin, operating profit margin and return on sales (ROS) - is the ratio of Operating Income divided by net sales or Revenue, usually presented in percent.

Cardlytics's Operating Margin % for the fiscal year that ended in Dec. 2025 is calculated as

Operating Margin %=Operating Income (A: Dec. 2025 ) / Revenue (A: Dec. 2025 )
=-45.705 / 233.273
=-19.59 %

Cardlytics's Operating Margin % for the quarter that ended in Mar. 2026 is calculated as

Operating Margin %=Operating Income (Q: Mar. 2026 ) / Revenue (Q: Mar. 2026 )
=-8.274 / 34.319
=-24.11 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about Operating Margin % →
What does a Operating Margin % of -24.11% mean?
Cardlytics (CDLX) has a Operating Margin % of -24.11% as of Mar. 2026. Operating margin is the ratio of total operating income to net sales. View historical data on Cardlytics and its competitors. According to the industry distribution chart, Cardlytics ranks #818 out of 1023 companies in the Media - Diversified industry, placing it in the top 80%.
Is Cardlytics' Operating Margin % too high?
Cardlytics' current Operating Margin % is -24.11%. Based on the distribution chart, Cardlytics ranks #818 out of 1023 companies in the Media - Diversified industry, which is in the bottom quartile relative to peers. Overall, Cardlytics has a GF Score™ of 37/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Cardlytics' Operating Margin % compare to SWAG and WIMI?
According to the Media - Diversified industry distribution chart, Cardlytics ranks #818 out of 1023 companies for Operating Margin %. This places Cardlytics in the lower half of its industry. The industry median Operating Margin % is 2.51. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Operating Margin % for a Media - Diversified company?
The median Operating Margin % among Media - Diversified companies is 2.51, based on 1,023 companies in the industry. Companies in the top quartile (top 25%) have a Operating Margin % significantly above this median, while those in the bottom quartile fall well below. However, Operating Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Operating Margin % mean?
A high Operating Margin % can signal that a stock is expensive relative to its fundamentals. Operating margin is the ratio of total operating income to net sales. View historical data on Cardlytics and its competitors. For the Media - Diversified industry, the median Operating Margin % is 2.51 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Cardlytics's current Operating Margin % is -24.11%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Cardlytics stock overvalued right now?
Based on GuruFocus' analysis, Cardlytics (CDLX) is currently considered Possible Value Trap. The stock's GF Value™ is $18.72, compared to a current price of $5.42 — trading 71.1% below its estimated fair value. The current Operating Margin % is -24.11%. Cardlytics' overall GF Score™ is 37/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Operating Margin % calculated?
Operating Margin % is calculated from a company's financial statements. For Cardlytics (CDLX), the current Operating Margin % is -24.11% as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Cardlytics (CDLX) Overvalued in 2026?

Based on GuruFocus' analysis, Cardlytics stock appears to be undervalued. The current stock price of $5.42 is trading 71.1% below its estimated GF Value™ of $18.72. GuruFocus considers Cardlytics to be Possible Value Trap.

Key valuation signals for CDLX:

  • Operating Margin %: -24.11%
  • GF Value™: $18.72 vs. price of $5.42 (71.1% below fair value)
  • GF Score™: 37/100 with 4 warning signs

No single metric tells the full story. See the CDLX stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Cardlytics Business Description

Other Exchanges 0LEC:UKCYX0:Germany
Address 675 Ponce de Leon Avenue, NE, Suite 4100, Atlanta, GA, USA, 30308
Cardlytics Inc is a commerce media platform that is designed to make commerce smarter and rewarding for everyone. At the core of its commerce media platform is the financial media network that it runs within its partners' digital channels, which includes online and mobile applications (the Cardlytics platform). Additionally, it operates an identity resolution platform that utilizes point-of-sale (POS) data, including product-level purchase data, to enable marketers to perform analytics and targeted loyalty marketing and also measure the impact of their marketing (the Bridg platform). It operates in three segments: the Cardlytics platform in the U.S.; the Cardlytics platform in the U.K.; and the Bridg platform. The majority of the revenue is derived from the Cardlytics platform.
37GF Score

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Operating Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$5.42
Price
$18.72
GF Value