CDLX Report: 11.9.2025

Updated WoW, QoQ, and YoY numbers, and new and returning CDLX advertisers.

3Q25 Earnings: Similar to last quarter, notes and thoughts on CDLX’s earnings are in the CDLX thread, “CDLX 3Q25 Earnings”.

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This week’s report includes

1. New and returning CDLX advertisers

2. Updated WoW, QoQ, and YoY Numbers

   1. Total offers (and by bank and category)

   2. Total advertiser count

   3. Large and attractive advertisers

   4. CDLX vs CMS and AmEx-sourced offers %

   5. Redemptions

   6. Employees and job listings

   7. and more

Also, I’ve been sharing additional notes and thoughts in the Substack Chat.