Criteo Q2 Results Surpass Expectations, Raises 2025 Forecasts

Thursday, Jul 31, 2025 2:20 am ET1min read

Criteo reported better-than-expected Q2 results, with ex-TAC contribution rising 9% to $292m and revenue up 2% to $483m. The company raised its 2025 targets, expecting ex-TAC contribution to grow by 3% to 4% and adjusted operating margin to be around 33% or 34% for the full year. Shares rose 1% on Wall Street.

Criteo S.A. (NASDAQ: CRTO) reported better-than-expected second-quarter (Q2) 2025 results, with ex-TAC contribution rising 9% to $292 million and revenue up 2% to $483 million. The company raised its full-year 2025 targets, expecting ex-TAC contribution to grow by 3% to 4% and adjusted operating margin to be around 33% to 34%. Shares rose 1% on Wall Street following the announcement [1].

Key highlights from Criteo's Q2 2025 financial results include:
- Revenue increased 2% year-over-year, or was flat at constant currency, to $483 million.
- Gross profit increased 11% year-over-year to $259 million.
- Contribution ex-TAC increased 9% year-over-year, or increased 7% at constant currency, to $292 million.
- Retail Media revenue increased 11%, or 11% at constant currency, reflecting continued strength in Retail Media onsite.
- Performance Media revenue increased 1%, or decreased (1)% at constant currency, and Performance Media Contribution ex-TAC increased 9%, or 6% at constant currency.

Criteo also announced several strategic initiatives, including the deployment of $104 million for share repurchases in the first half of 2025, the promotion of Todd Parsons to Chief Product Officer and President, Performance Media, and the appointment of Stefanie Jay to the Company's Board of Directors [1].

Looking ahead, Criteo expects Contribution ex-TAC to grow +3% to +4% at constant currency for the full year 2025, with an adjusted operating margin of approximately 33% to 34% of Contribution ex-TAC. The company also expects Contribution ex-TAC between $277 million and $283 million, or +5% to +7% year-over-year at constant-currency, for the third quarter 2025, with adjusted EBITDA between $81 million and $87 million [1].

The company's strong performance and raised outlook indicate confidence in its business strategy and execution, with investors responding positively to the news.

References:
[1] https://www.prnewswire.com/news-releases/criteo-reports-strong-second-quarter-2025-results-302516709.html

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