Criteo S.A.
Income Statement
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $1.94B | $1.93B | $1.95B | $2.02B | $2.25B | $2.07B | $2.26B | $2.30B |
| Cost of Revenue | $770.3M | $811.8M | $926.8M | $1.09B | $1.47B | $1.38B | $1.43B | $1.47B |
| Gross Profit | $1.05B | $983.0M | $863.0M | $795.2M | $781.9M | $688.0M | $829.0M | $834.2M |
| Gross Margin | 54.0% | 50.8% | 44.3% | 39.4% | 34.7% | 33.2% | 36.7% | 36.3% |
| Operating Expenses | ||||||||
| Research & Development | $283.3M | $279.3M | $242.3M | $187.6M | $151.8M | $132.5M | $172.6M | $179.3M |
| SG&A Expense | $168.9M | $176.1M | $137.5M | $205.3M | $152.6M | $116.4M | $139.8M | $135.2M |
| Operating Income | $202.8M | $151.4M | $77.2M | $24.3M | $151.9M | $108.8M | $141.2M | $147.1M |
| Operating Margin | 10.4% | 7.8% | 4.0% | 1.2% | 6.7% | 5.3% | 6.2% | 6.4% |
| Interest Expense | — | — | $2.2M | $2.0M | $2.3M | $2.8M | $2.4M | $2.1M |
| Pretax Income | $203.6M | $154.5M | $74.7M | $42.1M | $153.8M | $106.9M | $135.5M | $142.0M |
| Income Tax Expense | $54.2M | $39.8M | $20.1M | $31.2M | $16.2M | $32.2M | $39.5M | $46.1M |
| Net Income | $144.6M | $111.6M | $53.3M | $9.0M | $134.5M | $71.7M | $90.7M | $88.6M |
| Net Margin | 7.4% | 5.8% | 2.7% | 0.4% | 6.0% | 3.5% | 4.0% | 3.9% |
| EPS (Basic) | $2.73 | $2.04 | $0.95 | $0.15 | $2.21 | $1.18 | $1.41 | $1.33 |
| EPS (Diluted) | $2.64 | $1.90 | $0.88 | $0.14 | $2.09 | $1.16 | $1.38 | $1.31 |
| Shares Outstanding (Basic) | 52.9M | 54.8M | 56.2M | 60.0M | 60.7M | 60.9M | 64.3M | 66.5M |
| Shares Outstanding (Diluted) | 54.8M | 58.6M | 60.2M | 62.8M | 64.2M | 61.8M | 65.6M | 67.7M |
| Dividends Per Share | — | — | — | — | — | — | — | — |