📊 CRTO Key Takeaways
Investment Thesis
Criteo demonstrates solid fundamental strength with healthy profitability metrics, robust free cash flow generation of $208.5M, and minimal debt burden. However, anemic revenue growth of 0.6% YoY is a significant concern that tempers enthusiasm, though net income resilience and strong operating cash flow suggest underlying business quality.
CRTO Strengths
- Strong free cash flow generation ($208.5M, 10.7% FCF margin) exceeding net income indicates high-quality earnings
- Excellent financial position with minimal debt ($1.5M), resulting in 0.00x debt/equity and exceptional 479.3x interest coverage
- Healthy profitability with 54.0% gross margin, 10.4% operating margin, and 7.4% net margin demonstrating operational efficiency
- Solid ROE of 12.6% and ROA of 6.6% show effective capital deployment despite revenue headwinds
CRTO Risks
- Severe revenue stagnation at 0.6% YoY growth raises questions about market competitiveness and business sustainability in the advertising technology sector
- Net income declined 3.2% YoY despite flat revenue, indicating margin compression pressures requiring monitoring
- EPS growth of 38.9% appears driven by share count reduction rather than operational improvements, masking underlying business challenges
- Modest current ratio of 1.27x and quick ratio of 1.27x indicate limited liquidity cushion for operational needs
Key Metrics to Watch
- Revenue growth trajectory and market share in competitive ad-tech landscape
- Operating margin sustainability as revenue remains flat
- Free cash flow conversion and ability to maintain capital return programs
CRTO Financial Metrics
💡 AI Analyst Insight
Criteo S.A. presents a mixed fundamental picture. Review the detailed metrics above to form your own investment thesis.
CRTO Profitability Ratios
CRTO vs Default Sector
How Criteo S.A. compares to Default sector averages
Sector benchmarks are approximate industry averages. Actual sector performance may vary.
CRTO Balance Sheet & Liquidity
CRTO 5-Year Financial Trend
5-Year Trend Summary: Criteo S.A.'s revenue has declined by 14% over the 5-year period, indicating business contraction. The most recent EPS of $0.88 reflects profitable operations.
CRTO Growth Metrics (YoY)
CRTO Quarterly Performance
| Quarter | Revenue | Net Income | EPS |
|---|---|---|---|
| Q2 2025 | $471.3M | $21.3M | $0.39 |
| Q1 2025 | $450.1M | $7.2M | $0.12 |
| Q3 2024 | $458.9M | $6.2M | $0.11 |
| Q2 2024 | $468.9M | -$2.9M | $-0.05 |
| Q1 2024 | $445.0M | $7.2M | $0.12 |
| Q3 2023 | $446.9M | -$6.4M | $0.10 |
| Q2 2023 | $468.9M | -$2.9M | $-0.05 |
| Q1 2023 | $445.0M | -$11.8M | $-0.20 |
Data sourced from SEC EDGAR 10-Q quarterly filings. Figures may represent quarterly or cumulative values.
CRTO Capital Allocation
CRTO SEC Filings
Access official SEC EDGAR filings for Criteo S.A. (CIK: 0001576427)
📋 Recent SEC Filings
| Date | Form | Document | Action |
|---|---|---|---|
| Mar 17, 2026 | 4 | xslF345X05/wk-form4_1773751601.xml | View → |
| Mar 16, 2026 | 4 | xslF345X05/wk-form4_1773691717.xml | View → |
| Mar 16, 2026 | 4 | xslF345X05/wk-form4_1773691664.xml | View → |
| Mar 16, 2026 | 4 | xslF345X05/wk-form4_1773691607.xml | View → |
| Mar 3, 2026 | 4 | xslF345X05/wk-form4_1772571946.xml | View → |
❓ Frequently Asked Questions about CRTO
What is the AI rating for CRTO?
Criteo S.A. (CRTO) has an AI rating of BUY with 72% confidence, based on fundamental analysis of SEC EDGAR filings.
What are CRTO's key strengths?
Strong free cash flow generation ($208.5M, 10.7% FCF margin) exceeding net income indicates high-quality earnings. Excellent financial position with minimal debt ($1.5M), resulting in 0.00x debt/equity and exceptional 479.3x interest coverage.
What are the risks of investing in CRTO?
Severe revenue stagnation at 0.6% YoY growth raises questions about market competitiveness and business sustainability in the advertising technology sector. Net income declined 3.2% YoY despite flat revenue, indicating margin compression pressures requiring monitoring.
What is CRTO's revenue and growth?
Criteo S.A. reported revenue of $1.9B.
Does CRTO pay dividends?
Criteo S.A. does not currently pay dividends.
Where can I find CRTO SEC filings?
Official SEC filings for Criteo S.A. (CIK: 0001576427) including 10-K, 10-Q, and 8-K reports are available on SEC EDGAR.
What is CRTO's EPS?
Criteo S.A. has a diluted EPS of $2.64.
How is the AI analysis conducted?
Our AI (Claude) analyzes publicly available SEC EDGAR filings including 10-K annual reports and 10-Q quarterly reports to evaluate financial health, profitability ratios, balance sheet strength, and growth metrics.