In its latest 8-K and amended 10-K/A filings dated April 28, 2026, Criteo S.A. confirmed a stable revenue environment for fiscal year 2025 with $1.945 billion in revenues driven by Retail Media growth despite flat performance in Performance Media. The company’s operational results showed improved gross profit and profitability metrics while retaining a strong liquidity position. Additionally, Criteo’s board amended its bylaws reflecting a slight decrease in shares outstanding and initiated shareholder approval for a cross-border conversion moving legal domicile from France to Luxembourg with direct Nasdaq listing of ordinary shares replacing American Depositary Shares (ADS). The company's business model remains centered on leveraging proprietary commerce data and AI technology across Performance and Retail Media segments. Growth is anchored in expanding retail media partnerships, with risks including digital ad market competition and regulatory pressures on data usage.