R&D expense · 2016–2025

Cardlytics R&D expense

$39.8M−19.8% · FY2025

Cardlytics (CDLX) reported $39.8M in R&D expense for fiscal 2025, −19.8% year on year.

$13.9M2016$12.2M2017$16.2M2018$11.7M2019$17.5M2020$38.1M2021$54.4M2022$51.4M2023$49.6M2024$39.8M2025
Cardlytics — R&D expense, 2016–2025
Fiscal yearR&D expenseChangeFiling
FY20252025-12-31$39.8M−19.8%Open →
FY20242024-12-31$49.6M−3.4%Open →
FY20232023-12-31$51.4M−5.7%Open →
FY20222022-12-31$54.4M+42.9%Open →
FY20212021-12-31$38.1M+117.3%Open →
FY20202020-12-31$17.5M+49.9%Open →
FY20192019-12-31$11.7M−27.8%Open →
FY20182018-12-31$16.2M+33.4%Open →
FY20172017-12-31$12.2M−12.6%Open →
FY20162016-12-31$13.9M—Open →

R&D expense — Research and development expense is what the company charged to R&D in the income statement for the year. Most companies report no R&D at all — the line is absent rather than zero — so this ranking covers the roughly 40% of filers that do.

Every row links to its own SEC filing · Fiscal year 2025 · Data as of September 25, 2026 · 2016–2025 compound annual growth +12.4%

R&D expense at companies of similar size

Full ranking by R&D expense →

Cite this page

Ready-made references for the figures on this page, as published on September 25, 2026.

Wikipedia

{{cite web |title=Cardlytics R&D expense |url=https://companiesranked.com/en/company/cardlytics/research-and-development-expense |website=CompaniesRanked |date=2026-09-25 |language=en}}

APA 7

CompaniesRanked. (September 25, 2026). Cardlytics R&D expense. CompaniesRanked. https://companiesranked.com/en/company/cardlytics/research-and-development-expense

BibTeX

@misc{companiesranked-en-company-cardlytics-research-and-development-expense-2026,
  author       = {{CompaniesRanked}},
  title        = {{Cardlytics R\&D expense}},
  year         = {2026},
  howpublished = {\url{https://companiesranked.com/en/company/cardlytics/research-and-development-expense}},
  note         = {Compiled from SEC EDGAR XBRL filings; data as of 2026-09-25},
  urldate      = {2026-09-25}
}

The filing itself

The numbers above are read from this document: 10-K · 0001666071-26-000010 · March 4, 2026

{{cite web |title=Cardlytics R&D expense — 10-K (0001666071-26-000010) |url=https://www.sec.gov/Archives/edgar/data/1666071/000166607126000010/cdlx-20251231.htm |website=SEC EDGAR |publisher=U.S. Securities and Exchange Commission |date=2026-03-04}}

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