ZIFF DAVIS, INC.ZDEarnings & Financial Report
Ziff Davis, Inc. is an American digital media and Internet company. Founded in 1927 by William Bernard Ziff Sr. and Bernard George Davis, the company primarily owns technology- and health-oriented media websites, online shopping-related services, Internet connectivity services, gaming and entertainment brands, and cybersecurity and martech tools. Previously, the company was predominantly a publisher of hobbyist magazines.
Revenue
$353.6M
Gross Profit
$302.4M
Operating Profit
$-29.3M
Net Profit
$-48.6M
Gross Margin
85.5%
Operating Margin
-8.3%
Net Margin
-13.7%
YoY Growth
3.7%
EPS
$-1.11
Financial Flow
ZIFF DAVIS, INC. Q3 2024 Financial Summary
ZIFF DAVIS, INC. reported revenue of $353.6M (up 3.7% YoY) for Q3 2024, with a net profit of $-48.6M (down 56.8% YoY) (-13.7% margin). Cost of goods sold was $51.2M, operating expenses totaled $331.7M.
Key Financial Metrics
| Total Revenue | $353.6M |
|---|---|
| Net Profit | $-48.6M |
| Gross Margin | 85.5% |
| Operating Margin | -8.3% |
| Report Period | Q3 2024 |
Revenue Breakdown
ZIFF DAVIS, INC. Q3 2024 revenue of $353.6M breaks down across 4 segments, led by Advertising And Performance Marketing at $193.6M (54.8% of total).
| Segment | Revenue | % of Total |
|---|---|---|
| Advertising And Performance Marketing | $193.6M | 54.8% |
| Subscription And Licensing | $77.5M | 21.9% |
| Cybersecurity And Martech Segment | $70.0M | 19.8% |
| Other | $12.5M | 3.5% |
ZIFF DAVIS, INC. Revenue by Segment — Quarterly Trend
ZIFF DAVIS, INC. revenue by segment across the last 4 reported quarters, showing how each business line (such as Advertising And Performance Marketing and Subscription And Licensing) has evolved quarter over quarter.
| Segment | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 |
|---|---|---|---|---|
| Advertising And Performance Marketing | — | $84.2M | — | $79.5M |
| Subscription And Licensing | $2.9M | $2.8M | $2.6M | $2.2M |
| Cybersecurity And Martech Segment | $70.9M | $71.5M | $68.3M | $67.3M |
| Other | — | $1.8M | — | $3.7M |
ZIFF DAVIS, INC. Annual Revenue by Year
ZIFF DAVIS, INC. annual revenue history includes year-by-year totals (for example, 2025 revenue was $1.5B).
| Year | Annual Revenue |
|---|---|
| 2025 | $1.5B |
| 2024 | $1.4B |
| 2023 | $1.4B |
| 2022 | $1.4B |
ZIFF DAVIS, INC. Quarterly Revenue & Net Profit History
ZIFF DAVIS, INC. results over the last 8 reported quarters, including revenue, net profit and year-over-year growth.
| Quarter | Revenue | Revenue YoY | Net Profit | Net Margin |
|---|---|---|---|---|
| Q4 2025 | $406.7M | -1.5% | $370.0K | 0.1% |
| Q3 2025 | $363.7M | +2.9% | $-3.6M | -1.0% |
| Q2 2025 | $352.2M | +9.8% | $26.3M | 7.5% |
| Q1 2025 | $328.6M | +4.5% | $24.2M | 7.4% |
| Q4 2024 | $412.8M | +5.9% | $64.1M | 15.5% |
| Q3 2024 | $353.6M | +3.7% | $-48.6M | -13.7% |
| Q2 2024 | $320.8M | -1.6% | $36.9M | 11.5% |
| Q1 2024 | $314.5M | +2.4% | $10.6M | 3.4% |
Income Statement
| Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $314.5M | $320.8M | $353.6M | $412.8M | $328.6M | $352.2M | $363.7M | $406.7M |
| YoY Growth | 2.4% | -1.6% | 3.7% | 5.9% | 4.5% | 9.8% | 2.9% | -1.5% |
Balance Sheet
| Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|---|
| Assets | $3.73B | $3.66B | $3.42B | $3.70B | $3.52B | $3.52B | $3.48B | $3.66B |
| Liabilities | $1.83B | $1.79B | $1.67B | $1.89B | $1.69B | $1.68B | $1.68B | $1.91B |
| Equity | $1.90B | $1.87B | $1.75B | $1.81B | $1.82B | $1.84B | $1.80B | $1.75B |
Cash Flow
| Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|---|
| Operating CF | $75.6M | $50.6M | $106.0M | $158.2M | $20.6M | $57.1M | $138.3M | $191.1M |