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
$363.7M
Gross Profit
$310.6M
Operating Profit
$28.4M
Net Profit
$-3.6M
Gross Margin
85.4%
Operating Margin
7.8%
Net Margin
-1.0%
YoY Growth
2.9%
EPS
$-0.09
Financial Flow
ZIFF DAVIS, INC. Q3 2025 Financial Summary
ZIFF DAVIS, INC. reported revenue of $363.7M (up 2.9% YoY) for Q3 2025, with a net profit of $-3.6M (up 92.6% YoY) (-1.0% margin). Cost of goods sold was $53.2M, operating expenses totaled $282.1M.
Key Financial Metrics
| Total Revenue | $363.7M |
|---|---|
| Net Profit | $-3.6M |
| Gross Margin | 85.4% |
| Operating Margin | 7.8% |
| Report Period | Q3 2025 |
Revenue Breakdown
ZIFF DAVIS, INC. Q3 2025 revenue of $363.7M breaks down across 7 segments, led by Health And Wellness at $102.3M (28.1% of total).
| Segment | Revenue | % of Total |
|---|---|---|
| Health And Wellness | $102.3M | 28.1% |
| Advertising And Performance Marketing | $84.2M | 23.2% |
| Cybersecurity And Martech Segment | $71.5M | 19.6% |
| Connectivity | $57.2M | 15.7% |
| Gaming And Entertainment | $47.6M | 13.1% |
| Subscription And Licensing | $2.8M | 0.8% |
| Other | $1.8M | 0.5% |
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 Health And Wellness and Advertising And Performance Marketing) has evolved quarter over quarter.
| Segment | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 |
|---|---|---|---|---|
| Health And Wellness | $114.8M | $102.3M | $99.5M | — |
| Advertising And Performance Marketing | — | $84.2M | — | $79.5M |
| Cybersecurity And Martech Segment | $70.9M | $71.5M | $68.3M | $67.3M |
| Connectivity | $60.3M | $57.2M | $57.4M | $55.8M |
| Gaming And Entertainment | $51.7M | $47.6M | $46.2M | $38.0M |
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 |