ZD · Ziff Davis, Inc. - Financials
Annual line items from SEC XBRL filings, sourced from EDGAR's Company Facts API with fallback to the quarterly Financial Statement Data Sets. See issuer overview for Form 4 activity and 10-K signals.
Income Statement
| Line item | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $267.64M | - | $363.71M | $352.21M | $328.64M | - | $340.99M | $326.02M | $314.49M | - |
| Cost of Revenue | $44.32M | - | $53.15M | $48.97M | $47.21M | - | $53.24M | $52.59M | $47.07M | - |
| Gross Profit | $223.32M | - | $310.56M | $303.24M | $281.43M | - | $287.74M | $273.43M | $267.42M | - |
| R&D | $13.64M | - | $15.40M | $16.48M | $15.88M | - | $15.26M | $16.80M | $17.77M | - |
| SG&A | $46.64M | - | $54.00M | $54.07M | $46.91M | - | $101.69M | $98.08M | $96.78M | - |
| Total Operating Expenses | $264.71M | - | $335.28M | $318.73M | $293.51M | - | $382.88M | $292.23M | $278.62M | - |
| D&A | $49.78M | - | $57.32M | $52.14M | $55.83M | - | - | - | $48.45M | - |
| Operating Income | $2.93M | - | $28.43M | $33.48M | $35.13M | - | ($29.30M) | $28.57M | $35.86M | - |
| Interest Expense | - | - | - | - | - | - | - | - | - | - |
| Income Tax | $2.64M | - | $12.78M | $4.29M | $8.59M | - | $12.54M | $6.99M | $8.23M | - |
| Net Income | $22.26M | - | ($3.60M) | $26.34M | $24.24M | - | ($48.58M) | $36.91M | $10.63M | - |
| EPS - Basic | $0.59 | - | ($0.09) | $0.63 | $0.57 | - | ($1.11) | $0.81 | $0.23 | - |
| EPS - Diluted | $0.59 | - | ($0.09) | $0.62 | $0.56 | - | ($1.11) | $0.77 | $0.23 | - |
Balance Sheet
| Line item | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Equivalents | $519.72M | $607.01M | $503.37M | $457.26M | $431.01M | $505.88M | $386.12M | $687.23M | $734.78M | $737.61M |
| Accounts Receivable | $397.46M | $667.22M | $473.16M | $523.01M | $517.86M | $660.22M | $470.55M | $450.39M | $446.88M | $337.70M |
| Inventory | - | - | - | - | - | - | - | - | - | - |
| Accounts Payable | $121.68M | $151.29M | $147.67M | $140.40M | $140.91M | $164.35M | $371.50M | $367.89M | $360.15M | $123.26M |
| Current Assets | $1.44B | $1.37B | $1.12B | $1.10B | $1.07B | $1.27B | $951.02M | $1.23B | $1.29B | $1.19B |
| Total Assets | $3.39B | $3.66B | $3.48B | $3.52B | $3.52B | $3.70B | $3.42B | $3.66B | $3.73B | $3.47B |
| Current Liabilities | $863.72M | $1.07B | $698.01M | $692.84M | $704.77M | $899.65M | $667.39M | $643.80M | $663.33M | $431.83M |
| Long-term Debt | $718.26M | $717.82M | $865.94M | $865.38M | $864.83M | $864.28M | $863.74M | $1.00B | $1.00B | $1.00B |
| Total Liabilities | $1.67B | $1.91B | $1.68B | $1.68B | $1.69B | $1.89B | $1.67B | $1.79B | $1.83B | $1.58B |
| Stockholders' Equity | $1.72B | $1.75B | $1.80B | $1.84B | $1.82B | $1.81B | $1.75B | $1.87B | $1.90B | $1.89B |
| Retained Earnings | $1.33B | $1.34B | $1.37B | $1.41B | $1.41B | $1.40B | $1.34B | $1.47B | $1.50B | $1.49B |
Cash Flow
| Line item | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | $29.95M | - | - | - | $20.61M | - | - | - | $75.56M | - |
| Investing Cash Flow | ($33.21M) | - | - | - | ($64.83M) | - | - | - | ($71.48M) | - |
| Financing Cash Flow | ($53.49M) | - | - | - | ($35.01M) | - | - | - | ($6.31M) | - |
| CapEx | $33.13M | - | - | - | $25.62M | - | - | - | $28.13M | - |
| Free Cash Flow | ($3.17M) | - | - | - | ($5.01M) | - | - | - | $47.43M | - |
Ratios
| Metric | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Profitability | ||||||||||
| Gross margin | 83.4% | - | 85.4% | 86.1% | 85.6% | - | 84.4% | 83.9% | 85.0% | - |
| Operating margin | 1.1% | - | 7.8% | 9.5% | 10.7% | - | -8.6% | 8.8% | 11.4% | - |
| EBITDA margin | 19.7% | - | 23.6% | 24.3% | 27.7% | - | - | - | 26.8% | - |
| Net margin | 8.3% | - | -1.0% | 7.5% | 7.4% | - | -14.2% | 11.3% | 3.4% | - |
| Free cash flow margin | -1.2% | - | - | - | -1.5% | - | - | - | 15.1% | - |
| FCF / Net income | -0.14 | - | - | - | -0.21 | - | - | - | 4.46 | - |
| R&D / Revenue | 5.1% | - | 4.2% | 4.7% | 4.8% | - | 4.5% | 5.2% | 5.7% | - |
| SG&A / Revenue | 17.4% | - | 14.8% | 15.4% | 14.3% | - | 29.8% | 30.1% | 30.8% | - |
| Effective tax rate | 10.6% | - | 139.2% | 14.0% | 26.2% | - | - | 15.9% | 43.6% | - |
| Return on assets | 0.7% | - | -0.1% | 0.7% | 0.7% | - | -1.4% | 1.0% | 0.3% | - |
| Return on equity | 1.3% | - | -0.2% | 1.4% | 1.3% | - | -2.8% | 2.0% | 0.6% | - |
| Return on invested capital | 0.1% | - | 0.5% | 1.1% | 1.0% | - | -0.9% | 0.8% | 0.7% | - |
| Liquidity | ||||||||||
| Current ratio | 1.66 | 1.27 | 1.61 | 1.59 | 1.52 | 1.41 | 1.42 | 1.91 | 1.95 | 2.76 |
| Quick ratio | 1.66 | 1.27 | 1.61 | 1.59 | 1.52 | 1.41 | 1.42 | 1.91 | 1.95 | 2.76 |
| Cash ratio | 0.60 | 0.56 | 0.72 | 0.66 | 0.61 | 0.56 | 0.58 | 1.07 | 1.11 | 1.71 |
| Leverage | ||||||||||
| Debt / Equity | 0.42 | 0.41 | 0.48 | 0.47 | 0.47 | 0.48 | 0.49 | 0.54 | 0.53 | 0.53 |
| Debt / Assets | 0.21 | 0.20 | 0.25 | 0.25 | 0.25 | 0.23 | 0.25 | 0.27 | 0.27 | 0.29 |
| Debt / EBITDA | 13.63 | - | 10.10 | 10.11 | 9.51 | - | - | - | 11.88 | - |
| Interest coverage | - | - | - | - | - | - | - | - | - | - |
| Equity multiplier | 1.97 | 2.09 | 1.93 | 1.91 | 1.93 | 2.05 | 1.95 | 1.96 | 1.96 | 1.83 |
| Liabilities / Assets | 0.49 | 0.52 | 0.48 | 0.48 | 0.48 | 0.51 | 0.49 | 0.49 | 0.49 | 0.45 |
| Efficiency | ||||||||||
| Asset turnover | 0.08 | - | 0.10 | 0.10 | 0.09 | - | 0.10 | 0.09 | 0.08 | - |
| Inventory turnover | - | - | - | - | - | - | - | - | - | - |
| Days sales outstanding | 542d | - | 475d | 542d | 575d | - | 504d | 504d | 519d | - |
| Days inventory outstanding | - | - | - | - | - | - | - | - | - | - |
| Days payable outstanding | 1002d | - | 1014d | 1046d | 1089d | - | 2547d | 2553d | 2793d | - |
| Cash conversion cycle | - | - | - | - | - | - | - | - | - | - |
| Valuation | ||||||||||
| P / E | 71.1x | - | - | 48.8x | 67.1x | - | - | 71.5x | 274.1x | - |
| P / B | 0.9x | - | 0.9x | 0.7x | 0.9x | - | 1.2x | 1.5x | 1.5x | - |
| P / S | 5.9x | - | 4.2x | 3.7x | 5.1x | - | 6.3x | 8.6x | 9.2x | - |
| EV / EBITDA | 33.7x | - | 22.2x | 20.0x | 23.0x | - | - | - | 37.5x | - |
| Growth | ||||||||||
| Revenue growth (YoY) | -18.6% | - | 6.7% | 8.0% | 4.5% | - | 0.0% | 0.0% | 2.4% | - |
| Revenue CAGR (3y) | -4.5% | - | 2.1% | 1.4% | 1.4% | - | -8.4% | -8.7% | -7.6% | - |
| Revenue CAGR (5y) | -7.6% | - | 0.4% | 1.3% | -0.2% | - | -0.2% | 0.2% | 1.0% | - |
| Gross profit growth (YoY) | -20.6% | - | 7.9% | 10.9% | 5.2% | - | 0.8% | -1.9% | 2.3% | - |
| Operating income growth (YoY) | -91.7% | - | - | 17.2% | -2.0% | - | -120.0% | -26.5% | 36.3% | - |
| Net income growth (YoY) | -8.2% | - | 92.6% | -28.6% | 128.1% | - | -56.8% | 121.3% | - | - |
| EPS growth (YoY) | 5.4% | - | 91.9% | -19.5% | 143.5% | - | -65.7% | 113.9% | - | - |
| EPS CAGR (3y) | - | - | - | - | 3.2% | - | - | 32.6% | -48.4% | - |
| EPS CAGR (5y) | -18.8% | - | - | -5.0% | - | - | - | 3.1% | -19.0% | - |
| FCF growth (YoY) | 36.6% | - | - | - | - | - | - | - | -44.4% | - |
| FCF CAGR (5y) | - | - | - | - | - | - | - | - | -14.6% | - |
| Book value growth (YoY) | -5.5% | -3.2% | 2.7% | -1.5% | -4.2% | -4.3% | -2.9% | 0.4% | 0.4% | 0.0% |
Sales by segment
From XBRL dimensional facts in the 10-K period ending 2025-12-31.
Business segments
$1.45B totalHealth And Wellness$402.35M · 27.7%
Technology And Shopping$356.60M · 24.6%
Cybersecurity And Martech Segment$278.03M · 19.2%
Connectivity$230.73M · 15.9%
Gaming And Entertainment$183.56M · 12.6%
Product / service
$356.60M totalAdvertising And Performance Marketing$350.99M · 98.4%
Subscription And Licensing$10.44M · 2.9%
Other($4.83M) · -1.4%
Geographic
$1.45B totalUS$1.22B · 84.0%
Non Us$232.05M · 16.0%
Peer comparison
Same SIC group: Telegraph & Other Message Communications
Comparing ZIFF DAVIS against the 5 most active filers in the same SIC group.
Dividends
$0.00/share trailing 12 months
| Ex-date | Per share |
|---|---|
| May 17, 2019 | $0.3957 |
| Feb 22, 2019 | $0.3870 |
| Nov 16, 2018 | $0.3783 |
| Aug 17, 2018 | $0.3696 |
| May 17, 2018 | $0.3609 |
| Feb 21, 2018 | $0.3522 |
| Nov 16, 2017 | $0.3435 |
| Aug 10, 2017 | $0.3348 |
| May 17, 2017 | $0.3261 |
| Feb 17, 2017 | $0.3174 |
| Nov 16, 2016 | $0.3087 |
| Aug 15, 2016 | $0.3000 |
| May 16, 2016 | $0.2913 |
| Feb 19, 2016 | $0.2826 |
| Nov 13, 2015 | $0.2739 |
| Aug 13, 2015 | $0.2678 |
| May 15, 2015 | $0.2609 |
| Feb 19, 2015 | $0.2548 |
| Nov 13, 2014 | $0.2478 |
| Aug 14, 2014 | $0.2417 |
| May 15, 2014 | $0.2348 |
| Feb 20, 2014 | $0.2287 |
| Nov 14, 2013 | $0.2217 |
| Aug 15, 2013 | $0.2148 |