v3.25.4
Earnings Per Share
12 Months Ended
Dec. 31, 2025
Earnings Per Share [Abstract]  
Earnings Per Share 18. Earnings Per Share
Basic Earnings Per Share
The components of Basic EPS for the years ended December 31, 2025, 2024 and 2023, were as follows:
Year Ended December 31,
2025
2024
2023
(in thousands, except share data)
Net income attributable to shareholders of Criteo S.A.
$144,602
$111,571
$53,259
Weighted average number of shares outstanding (Note 14)
52,934,526
54,817,136
56,170,658
Basic earnings per share
$2.73
$2.04
$0.95
Diluted Earnings Per Share
Diluted EPS considers the impact of potentially dilutive shares not yet issued from share-based compensation plans using
the treasury stock method. There were no other potentially dilutive instruments outstanding as of December 31, 2025, 2024
and 2023. Consequently all potential dilutive effects from shares are considered.
For each period presented, a contract to issue a certain number of shares (i.e., stock options and nonemployee warrants)
was assessed as potentially dilutive, if it was “in the money” (i.e., the exercise or settlement price is lower than the average
market price).
Year Ended December 31,
2025
2024
2023
(in thousands, except share data)
Net income attributable to shareholders of Criteo S.A.
$144,602
$111,571
$53,259
Basic shares:
Weighted average number of shares outstanding of Criteo S.A.
52,934,526
54,817,136
56,170,658
Dilutive effect of:
Restricted share awards ("RSUs") and Performance share awards ("PSUs")
1,799,709
2,904,711
2,643,129
Lock-up shares ("LUSs")
—
711,941
1,261,947
Stock options
36,045
112,491
104,294
Share warrants
22,260
59,250
51,599
Weighted average number of shares outstanding used to determine diluted
earnings per share
54,792,540
58,605,529
60,231,627
Diluted earnings per share
$2.64
$1.90
$0.88
The weighted average number of securities that were anti-dilutive for diluted EPS for the periods presented but which could
potentially dilute EPS in the future are as follows:
Year Ended December 31,
2025
2024
2023
Restricted share awards
2,019,480
236,039
348,675
Weighted average number of anti-dilutive securities excluded from diluted
earnings per share
2,019,480
236,039
348,675