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Side-by-side financial comparison of BELDEN INC. (BDC) and ZIFF DAVIS, INC. (ZD). Click either name above to swap in a different company.
BELDEN INC. is the larger business by last-quarter revenue ($696.4M vs $406.7M, roughly 1.7× ZIFF DAVIS, INC.). BELDEN INC. runs the higher net margin — 7.3% vs 0.1%, a 7.2% gap on every dollar of revenue. On growth, BELDEN INC. posted the faster year-over-year revenue change (11.4% vs -1.5%). ZIFF DAVIS, INC. produced more free cash flow last quarter ($157.8M vs $-63.1M). Over the past eight quarters, ZIFF DAVIS, INC.'s revenue compounded faster (13.7% CAGR vs 7.3%).
Belden Inc. is an American, multinational, publicly traded company specializing in the design, manufacture, and distribution of end-to-end networking, security and connectivity products. The company serves the Industrial Automation Solutions, Smart Buildings and Broadband & 5G markets.
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.
BDC vs ZD — Head-to-Head
Income Statement — Q1 FY2026 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $696.4M | $406.7M |
| Net Profit | $51.0M | $370.0K |
| Gross Margin | 37.1% | 85.9% |
| Operating Margin | 11.2% | 21.2% |
| Net Margin | 7.3% | 0.1% |
| Revenue YoY | 11.4% | -1.5% |
| Net Profit YoY | -1.8% | -99.4% |
| EPS (diluted) | $1.30 | $0.06 |
Green = leading value per metric. Periods may differ when fiscal calendars don't align.
8-Quarter Revenue & Profit Trend
Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.
| Q1 26 | $696.4M | — | ||
| Q4 25 | $720.1M | $406.7M | ||
| Q3 25 | $698.2M | $363.7M | ||
| Q2 25 | $672.0M | $352.2M | ||
| Q1 25 | $624.9M | $328.6M | ||
| Q4 24 | $666.0M | $412.8M | ||
| Q3 24 | $654.9M | $353.6M | ||
| Q2 24 | $604.3M | $320.8M |
| Q1 26 | $51.0M | — | ||
| Q4 25 | $67.9M | $370.0K | ||
| Q3 25 | $56.7M | $-3.6M | ||
| Q2 25 | $61.0M | $26.3M | ||
| Q1 25 | $51.9M | $24.2M | ||
| Q4 24 | $58.4M | $64.1M | ||
| Q3 24 | $53.7M | $-48.6M | ||
| Q2 24 | $49.0M | $36.9M |
| Q1 26 | 37.1% | — | ||
| Q4 25 | 36.6% | 85.9% | ||
| Q3 25 | 37.7% | 85.4% | ||
| Q2 25 | 38.5% | 86.1% | ||
| Q1 25 | 39.3% | 85.6% | ||
| Q4 24 | 37.5% | 87.1% | ||
| Q3 24 | 37.3% | 85.5% | ||
| Q2 24 | 37.5% | 84.4% |
| Q1 26 | 11.2% | — | ||
| Q4 25 | 12.2% | 21.2% | ||
| Q3 25 | 10.9% | 7.8% | ||
| Q2 25 | 11.8% | 9.5% | ||
| Q1 25 | 11.6% | 10.7% | ||
| Q4 24 | 10.4% | 19.0% | ||
| Q3 24 | 11.5% | -8.3% | ||
| Q2 24 | 11.4% | 8.9% |
| Q1 26 | 7.3% | — | ||
| Q4 25 | 9.4% | 0.1% | ||
| Q3 25 | 8.1% | -1.0% | ||
| Q2 25 | 9.1% | 7.5% | ||
| Q1 25 | 8.3% | 7.4% | ||
| Q4 24 | 8.8% | 15.5% | ||
| Q3 24 | 8.2% | -13.7% | ||
| Q2 24 | 8.1% | 11.5% |
| Q1 26 | $1.30 | — | ||
| Q4 25 | $1.70 | $0.06 | ||
| Q3 25 | $1.41 | $-0.09 | ||
| Q2 25 | $1.53 | $0.62 | ||
| Q1 25 | $1.27 | $0.56 | ||
| Q4 24 | $1.41 | $1.53 | ||
| Q3 24 | $1.30 | $-1.11 | ||
| Q2 24 | $1.19 | $0.77 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $272.2M | $607.0M |
| Total DebtLower is stronger | $1.3B | $866.5M |
| Stockholders' EquityBook value | $1.3B | $1.8B |
| Total Assets | — | $3.7B |
| Debt / EquityLower = less leverage | 0.98× | 0.49× |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | $272.2M | — | ||
| Q4 25 | $389.9M | $607.0M | ||
| Q3 25 | $314.3M | $503.4M | ||
| Q2 25 | $301.5M | $457.3M | ||
| Q1 25 | $259.0M | $431.0M | ||
| Q4 24 | $370.3M | $505.9M | ||
| Q3 24 | $323.0M | $386.1M | ||
| Q2 24 | $564.8M | $687.2M |
| Q1 26 | $1.3B | — | ||
| Q4 25 | — | $866.5M | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | $864.3M | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — |
| Q1 26 | $1.3B | — | ||
| Q4 25 | $1.3B | $1.8B | ||
| Q3 25 | $1.2B | $1.8B | ||
| Q2 25 | $1.2B | $1.8B | ||
| Q1 25 | $1.2B | $1.8B | ||
| Q4 24 | $1.3B | $1.8B | ||
| Q3 24 | $1.2B | $1.8B | ||
| Q2 24 | $1.2B | $1.9B |
| Q1 26 | — | — | ||
| Q4 25 | $3.5B | $3.7B | ||
| Q3 25 | $3.4B | $3.5B | ||
| Q2 25 | $3.4B | $3.5B | ||
| Q1 25 | $3.3B | $3.5B | ||
| Q4 24 | $3.3B | $3.7B | ||
| Q3 24 | $3.3B | $3.4B | ||
| Q2 24 | $3.5B | $3.7B |
| Q1 26 | 0.98× | — | ||
| Q4 25 | — | 0.49× | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | 0.48× | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | | |
|---|---|---|
| Operating Cash FlowLast quarter | — | $191.1M |
| Free Cash FlowOCF − Capex | $-63.1M | $157.8M |
| FCF MarginFCF / Revenue | -9.1% | 38.8% |
| Capex IntensityCapex / Revenue | 6.4% | 8.2% |
| Cash ConversionOCF / Net Profit | — | 516.44× |
| TTM Free Cash FlowTrailing 4 quarters | $180.4M | $287.9M |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | — | ||
| Q4 25 | $160.4M | $191.1M | ||
| Q3 25 | $105.0M | $138.3M | ||
| Q2 25 | $82.0M | $57.1M | ||
| Q1 25 | $7.4M | $20.6M | ||
| Q4 24 | $174.7M | $158.2M | ||
| Q3 24 | $91.7M | $106.0M | ||
| Q2 24 | $83.0M | $50.6M |
| Q1 26 | $-63.1M | — | ||
| Q4 25 | $121.3M | $157.8M | ||
| Q3 25 | $65.3M | $108.2M | ||
| Q2 25 | $56.9M | $26.9M | ||
| Q1 25 | $-24.8M | $-5.0M | ||
| Q4 24 | $116.4M | $131.1M | ||
| Q3 24 | $67.2M | $80.1M | ||
| Q2 24 | $61.0M | $25.1M |
| Q1 26 | -9.1% | — | ||
| Q4 25 | 16.8% | 38.8% | ||
| Q3 25 | 9.4% | 29.7% | ||
| Q2 25 | 8.5% | 7.6% | ||
| Q1 25 | -4.0% | -1.5% | ||
| Q4 24 | 17.5% | 31.8% | ||
| Q3 24 | 10.3% | 22.7% | ||
| Q2 24 | 10.1% | 7.8% |
| Q1 26 | 6.4% | — | ||
| Q4 25 | 5.4% | 8.2% | ||
| Q3 25 | 5.7% | 8.3% | ||
| Q2 25 | 3.7% | 8.6% | ||
| Q1 25 | 5.2% | 7.8% | ||
| Q4 24 | 8.8% | 6.6% | ||
| Q3 24 | 3.7% | 7.3% | ||
| Q2 24 | 3.6% | 8.0% |
| Q1 26 | — | — | ||
| Q4 25 | 2.36× | 516.44× | ||
| Q3 25 | 1.85× | — | ||
| Q2 25 | 1.34× | 2.17× | ||
| Q1 25 | 0.14× | 0.85× | ||
| Q4 24 | 2.99× | 2.47× | ||
| Q3 24 | 1.71× | — | ||
| Q2 24 | 1.69× | 1.37× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
BDC
Segment breakdown not available.
ZD
| Health And Wellness | $114.8M | 28% |
| Technology And Shopping | $108.9M | 27% |
| Cybersecurity And Martech Segment | $70.9M | 17% |
| Connectivity | $60.3M | 15% |
| Gaming And Entertainment | $51.7M | 13% |
| Subscription And Licensing | $2.9M | 1% |
