v3.25.2
CONDENSED CONSOLIDATED STATEMENTS OF SHAREHOLDERS' EQUITY (UNAUDITED) - USD ($)
$ in Thousands
Total
Equity - attributable to shareholders of Criteo S.A.
Share capital
Treasury Stock
Additional paid-in capital
Accumulated Other Comprehensive Income (Loss)
Retained Earnings
Non controlling interest
Beginning balance (in shares) at Dec. 31, 2023     61,165,663          
Beginning balance at Dec. 31, 2023 $ 1,111,391 $ 1,079,605 $ 2,023 $ (161,788) $ 769,240 $ (85,326) $ 555,456 $ 31,786
Treasury stock, beginning balance (in shares) at Dec. 31, 2023       (5,400,572)        
Increase (Decrease) in Stockholders' Equity [Roll Forward]                
Net income 8,566 7,244         7,244 1,322
Other comprehensive (loss) (13,483) (11,437)       (11,437)   (2,046)
Issuance of ordinary shares (in shares)     15,338          
Issuance of ordinary shares 395 395 $ 1   394      
Change in treasury stocks (in shares) [1]       (1,216,547)        
Change in treasury stocks [1] (62,143) (62,143)   $ (42,575)     (19,568)  
Share-Based Compensation 27,913 27,858     27,858     55
Other changes in equity (40) (40)         (40)  
Ending balance (in shares) at Mar. 31, 2024     61,181,001          
Ending balance at Mar. 31, 2024 1,072,599 1,041,482 $ 2,024 $ (204,363) 797,492 (96,763) 543,092 31,117
Treasury stock, ending balance (in shares) at Mar. 31, 2024       (6,617,119)        
Beginning balance (in shares) at Dec. 31, 2023     61,165,663          
Beginning balance at Dec. 31, 2023 1,111,391 1,079,605 $ 2,023 $ (161,788) 769,240 (85,326) 555,456 31,786
Treasury stock, beginning balance (in shares) at Dec. 31, 2023       (5,400,572)        
Increase (Decrease) in Stockholders' Equity [Roll Forward]                
Net income 36,625              
Other comprehensive (loss) (22,401)              
Ending balance (in shares) at Jun. 30, 2024     59,063,486          
Ending balance at Jun. 30, 2024 1,073,190 1,042,787 $ 1,967 $ (154,254) 761,681 (103,848) 537,241 30,403
Treasury stock, ending balance (in shares) at Jun. 30, 2024       (4,461,517)        
Beginning balance (in shares) at Mar. 31, 2024     61,181,001          
Beginning balance at Mar. 31, 2024 1,072,599 1,041,482 $ 2,024 $ (204,363) 797,492 (96,763) 543,092 31,117
Treasury stock, beginning balance (in shares) at Mar. 31, 2024       (6,617,119)        
Increase (Decrease) in Stockholders' Equity [Roll Forward]                
Net income 28,059 26,987         26,987 1,072
Other comprehensive (loss) (8,918) (7,085)       (7,085)   (1,833)
Issuance of ordinary shares (in shares)     32,485          
Issuance of ordinary shares 812 812     812      
Change in treasury stocks (in shares) [1]     (2,150,000) (2,155,602)        
Change in treasury stocks [1] (40,352) (40,352) $ (57) $ 50,109 (57,871)   (32,533)  
Share-Based Compensation 21,295 21,248     21,248     47
Other changes in equity (305) (305)         (305)  
Ending balance (in shares) at Jun. 30, 2024     59,063,486          
Ending balance at Jun. 30, 2024 1,073,190 1,042,787 $ 1,967 $ (154,254) 761,681 (103,848) 537,241 30,403
Treasury stock, ending balance (in shares) at Jun. 30, 2024       (4,461,517)        
Beginning balance (in shares) at Dec. 31, 2024     57,744,839          
Beginning balance at Dec. 31, 2024 $ 1,081,097 1,049,189 $ 1,931 $ (125,298) 709,580 (108,768) 571,744 31,908
Treasury stock, beginning balance (in shares) at Dec. 31, 2024 (3,467,417)     (3,467,417)        
Increase (Decrease) in Stockholders' Equity [Roll Forward]                
Net income $ 40,011 37,928         37,928 2,083
Other comprehensive (loss) 17,526 15,930       15,930   1,596
Issuance of ordinary shares (in shares)     110,056          
Issuance of ordinary shares 1,845 1,845 $ 2   1,843      
Change in treasury stocks (in shares) [2]       (817,761)        
Change in treasury stocks [2] (56,168) (56,168)   $ (34,102) (20,549)   (1,517)  
Share-Based Compensation 16,663 16,615     16,615     48
Other changes in equity (738) (740)         (740) 2
Ending balance (in shares) at Mar. 31, 2025     57,854,895          
Ending balance at Mar. 31, 2025 1,100,236 1,064,599 $ 1,933 $ (159,400) 707,489 (92,838) 607,415 35,637
Treasury stock, ending balance (in shares) at Mar. 31, 2025       (4,285,178)        
Beginning balance (in shares) at Dec. 31, 2024     57,744,839          
Beginning balance at Dec. 31, 2024 $ 1,081,097 1,049,189 $ 1,931 $ (125,298) 709,580 (108,768) 571,744 31,908
Treasury stock, beginning balance (in shares) at Dec. 31, 2024 (3,467,417)     (3,467,417)        
Increase (Decrease) in Stockholders' Equity [Roll Forward]                
Net income $ 62,931              
Other comprehensive (loss) 47,088              
Ending balance (in shares) at Jun. 30, 2025     57,854,895          
Ending balance at Jun. 30, 2025 $ 1,127,524 1,088,975 $ 1,933 $ (190,834) 715,243 (64,451) 627,084 38,549
Treasury stock, ending balance (in shares) at Jun. 30, 2025 (5,527,535)     (5,527,535)        
Beginning balance (in shares) at Mar. 31, 2025     57,854,895          
Beginning balance at Mar. 31, 2025 $ 1,100,236 1,064,599 $ 1,933 $ (159,400) 707,489 (92,838) 607,415 35,637
Treasury stock, beginning balance (in shares) at Mar. 31, 2025       (4,285,178)        
Increase (Decrease) in Stockholders' Equity [Roll Forward]                
Net income 22,920 21,250         21,250 1,670
Other comprehensive (loss) 29,562 28,387       28,387   1,175
Issuance of ordinary shares 52 52     52      
Change in treasury stocks (in shares) [2]       (1,242,357)        
Change in treasury stocks [2] (48,328) (48,328)   $ (31,434) (15,396)   (1,498)  
Share-Based Compensation 23,164 23,098     23,098     66
Other changes in equity (82) (83)         (83) 1
Ending balance (in shares) at Jun. 30, 2025     57,854,895          
Ending balance at Jun. 30, 2025 $ 1,127,524 $ 1,088,975 $ 1,933 $ (190,834) $ 715,243 $ (64,451) $ 627,084 $ 38,549
Treasury stock, ending balance (in shares) at Jun. 30, 2025 (5,527,535)     (5,527,535)        
[1] On February 1, 2024, Criteo's board of directors authorized an extension of the share repurchase program to up to $630.0 million of the Company's outstanding American Depositary Shares. The change in treasury stocks is comprised of 3,089,910 shares repurchased at an average price of $33.1 offset by 1,503,965 treasury shares used for RSUs vesting, by 375,000 treasury shares used for LUSs vesting and by 2,150,000 treasury shares cancelled.
[2]
(*) On January 31, 2025, Criteo's board of directors authorized an extension of the share repurchase program to up to $805.0 million of the Company's outstanding American Depositary Shares. The change in treasury stocks is comprised of 3,187,498 shares repurchased at a weighted average price of $32.8 offset by 1,127,380 treasury shares used for RSUs vesting.