ZETA · Zeta Global Holdings Corp. - 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 | $396.30M | - | $337.17M | $308.44M | $264.42M | - | $268.30M | $227.84M | $194.95M | - |
| Cost of Revenue | $162.45M | - | $133.22M | $116.99M | $103.49M | - | $105.65M | $91.08M | $76.87M | - |
| Gross Profit | $233.86M | - | $203.94M | $191.45M | $160.93M | - | $162.64M | $136.76M | $118.07M | - |
| R&D | $44.95M | - | $29.81M | $30.59M | $26.80M | - | $22.81M | $23.61M | $19.99M | - |
| SG&A | $73.40M | - | $56.39M | $62.17M | $54.04M | - | $50.49M | $51.16M | $48.81M | - |
| Total Operating Expenses | $415.14M | - | $328.42M | $313.55M | $280.53M | - | $280.67M | $254.42M | $230.82M | - |
| D&A | $23.53M | - | $17.19M | $17.40M | $17.69M | - | $12.59M | $12.96M | $13.74M | - |
| Operating Income | ($18.84M) | - | $8.75M | ($5.11M) | ($16.11M) | - | ($12.38M) | ($26.58M) | ($35.87M) | - |
| Interest Expense | $761.0K | - | ($180.0K) | $166.0K | $331.0K | - | $1.95M | $2.56M | $2.63M | - |
| Income Tax | ($2.58M) | - | $840.0K | $1.19M | $1.64M | - | $200.0K | $486.0K | $396.0K | - |
| Net Income | ($13.25M) | - | ($3.63M) | ($12.81M) | ($21.60M) | - | ($17.38M) | ($28.07M) | ($39.57M) | - |
| EPS - Basic | ($0.06) | - | ($0.02) | ($0.06) | ($0.10) | - | ($0.09) | ($0.16) | ($0.23) | - |
| EPS - Diluted | ($0.06) | - | ($0.02) | ($0.06) | ($0.10) | - | ($0.09) | ($0.16) | ($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 | $288.78M | $319.76M | $385.18M | $365.31M | $364.40M | $366.16M | $418.54M | $154.70M | $141.65M | $131.73M |
| Accounts Receivable | $321.66M | $322.39M | $272.26M | $251.01M | $223.76M | $235.23M | $203.71M | $182.80M | $160.59M | $170.13M |
| Inventory | - | - | - | - | - | - | - | - | - | - |
| Accounts Payable | $32.16M | $40.14M | $29.07M | $48.03M | $32.53M | $43.66M | $58.49M | $46.53M | $53.36M | $63.57M |
| Current Assets | $649.31M | $685.78M | $689.06M | $630.20M | $601.78M | $616.54M | $633.64M | $347.57M | $310.92M | $309.75M |
| Total Assets | $1.45B | $1.50B | $1.15B | $1.10B | $1.09B | $1.11B | $869.08M | $583.86M | $550.29M | $550.71M |
| Current Liabilities | $314.21M | $429.48M | $228.81M | $193.83M | $180.78M | $199.34M | $190.91M | $175.95M | $164.43M | $176.38M |
| Long-term Debt | $197.28M | $197.08M | $196.88M | $196.69M | $196.49M | $196.29M | $196.09M | $184.35M | $184.25M | $184.15M |
| Total Liabilities | $566.87M | $698.93M | $461.56M | $426.84M | $410.97M | $434.57M | $394.21M | $366.82M | $358.69M | $370.19M |
| Stockholders' Equity | $880.33M | $804.59M | $689.21M | $673.26M | $676.60M | $676.80M | $474.87M | $217.05M | $191.60M | $180.52M |
| Retained Earnings | ($1.07B) | ($1.06B) | ($1.07B) | ($1.06B) | ($1.05B) | ($1.03B) | ($1.04B) | ($1.03B) | ($998.10M) | ($958.54M) |
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 | $49.73M | - | - | - | $34.80M | - | - | - | $24.67M | - |
| Investing Cash Flow | ($55.55M) | - | - | - | ($7.42M) | - | - | - | ($9.45M) | - |
| Financing Cash Flow | ($25.67M) | - | - | - | ($29.43M) | - | - | - | ($5.18M) | - |
| CapEx | $3.01M | - | - | - | $2.74M | - | - | - | $5.81M | - |
| Free Cash Flow | $46.72M | - | - | - | $32.06M | - | - | - | $18.86M | - |
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 | 59.0% | - | 60.5% | 62.1% | 60.9% | - | 60.6% | 60.0% | 60.6% | - |
| Operating margin | -4.8% | - | 2.6% | -1.7% | -6.1% | - | -4.6% | -11.7% | -18.4% | - |
| EBITDA margin | 1.2% | - | 7.7% | 4.0% | 0.6% | - | 0.1% | -6.0% | -11.4% | - |
| Net margin | -3.3% | - | -1.1% | -4.2% | -8.2% | - | -6.5% | -12.3% | -20.3% | - |
| Free cash flow margin | 11.8% | - | - | - | 12.1% | - | - | - | 9.7% | - |
| FCF / Net income | -3.53 | - | - | - | -1.48 | - | - | - | -0.48 | - |
| R&D / Revenue | 11.3% | - | 8.8% | 9.9% | 10.1% | - | 8.5% | 10.4% | 10.3% | - |
| SG&A / Revenue | 18.5% | - | 16.7% | 20.2% | 20.4% | - | 18.8% | 22.5% | 25.0% | - |
| Effective tax rate | - | - | - | - | - | - | - | - | - | - |
| Return on assets | -0.9% | - | -0.3% | -1.2% | -2.0% | - | -2.0% | -4.8% | -7.2% | - |
| Return on equity | -1.5% | - | -0.5% | -1.9% | -3.2% | - | -3.7% | -12.9% | -20.7% | - |
| Return on invested capital | -1.4% | - | 0.8% | -0.5% | -1.5% | - | -1.5% | -5.2% | -7.5% | - |
| Liquidity | ||||||||||
| Current ratio | 2.07 | 1.60 | 3.01 | 3.25 | 3.33 | 3.09 | 3.32 | 1.98 | 1.89 | 1.76 |
| Quick ratio | 2.07 | 1.60 | 3.01 | 3.25 | 3.33 | 3.09 | 3.32 | 1.98 | 1.89 | 1.76 |
| Cash ratio | 0.92 | 0.74 | 1.68 | 1.88 | 2.02 | 1.84 | 2.19 | 0.88 | 0.86 | 0.75 |
| Leverage | ||||||||||
| Debt / Equity | 0.22 | 0.24 | 0.29 | 0.29 | 0.29 | 0.29 | 0.41 | 0.85 | 0.96 | 1.02 |
| Debt / Assets | 0.14 | 0.13 | 0.17 | 0.18 | 0.18 | 0.18 | 0.23 | 0.32 | 0.33 | 0.33 |
| Debt / EBITDA | 42.06 | - | 7.59 | 15.99 | 124.83 | - | 929.33 | - | - | - |
| Interest coverage | -24.8x | - | -48.6x | -30.8x | -48.7x | - | -6.4x | -10.4x | -13.7x | - |
| Equity multiplier | 1.64 | 1.87 | 1.67 | 1.63 | 1.61 | 1.64 | 1.83 | 2.69 | 2.87 | 3.05 |
| Liabilities / Assets | 0.39 | 0.46 | 0.40 | 0.39 | 0.38 | 0.39 | 0.45 | 0.63 | 0.65 | 0.67 |
| Efficiency | ||||||||||
| Asset turnover | 0.27 | - | 0.29 | 0.28 | 0.24 | - | 0.31 | 0.39 | 0.35 | - |
| Inventory turnover | - | - | - | - | - | - | - | - | - | - |
| Days sales outstanding | 296d | - | 295d | 297d | 309d | - | 277d | 293d | 301d | - |
| Days inventory outstanding | - | - | - | - | - | - | - | - | - | - |
| Days payable outstanding | 72d | - | 80d | 150d | 115d | - | 202d | 186d | 253d | - |
| Cash conversion cycle | - | - | - | - | - | - | - | - | - | - |
| Valuation | ||||||||||
| P / E | - | - | - | - | - | - | - | - | - | - |
| P / B | 4.3x | - | 6.4x | 5.0x | 4.3x | - | 11.8x | 14.5x | 9.8x | - |
| P / S | 9.6x | - | 13.1x | 10.9x | 10.9x | - | 20.9x | 13.8x | 9.6x | - |
| EV / EBITDA | 790.2x | - | 163.1x | 259.9x | 1724.5x | - | 25510.7x | - | - | - |
| Growth | ||||||||||
| Revenue growth (YoY) | 49.9% | - | 25.7% | 35.4% | 35.6% | - | 42.0% | 32.6% | 23.7% | - |
| Revenue CAGR (3y) | 36.0% | - | 30.3% | 31.0% | 37.6% | - | 41.2% | 43.5% | - | - |
| Revenue CAGR (5y) | - | - | - | - | - | - | - | - | - | - |
| Gross profit growth (YoY) | 45.3% | - | 25.4% | 40.0% | 36.3% | - | 40.8% | 24.6% | 14.4% | - |
| Operating income growth (YoY) | -16.9% | - | - | 80.8% | 55.1% | - | 66.7% | 42.5% | 31.6% | - |
| Net income growth (YoY) | 38.7% | - | 79.1% | 54.3% | 45.4% | - | 59.7% | 46.2% | 30.5% | - |
| EPS growth (YoY) | 40.0% | - | 77.8% | 62.5% | 56.5% | - | 66.7% | 52.9% | 39.5% | - |
| EPS CAGR (3y) | - | - | - | - | - | - | - | - | - | - |
| EPS CAGR (5y) | - | - | - | - | - | - | - | - | - | - |
| FCF growth (YoY) | 45.7% | - | - | - | 70.1% | - | - | - | 26.2% | - |
| FCF CAGR (5y) | - | - | - | - | - | - | - | - | - | - |
| Book value growth (YoY) | 30.1% | 18.9% | 45.1% | 210.2% | 253.1% | 274.9% | 217.0% | 58.0% | 47.5% | 41.0% |
Sales by segment
From XBRL dimensional facts in the 10-K period ending 2025-12-31.
Geographic
$1.30B totalUS$1.25B · 95.5%
Non Us$58.17M · 4.5%
Peer comparison
Same SIC group: Services-Prepackaged Software
Comparing Zeta Global Holdings Corp. against the 5 most active filers in the same SIC group.