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Side-by-side financial comparison of Claritev Corp (CTEV) and ZIFF DAVIS, INC. (ZD). Click either name above to swap in a different company.
ZIFF DAVIS, INC. is the larger business by last-quarter revenue ($406.7M vs $246.6M, roughly 1.6× Claritev Corp). ZIFF DAVIS, INC. runs the higher net margin — 0.1% vs -32.7%, a 32.8% gap on every dollar of revenue. On growth, Claritev Corp posted the faster year-over-year revenue change (6.2% vs -1.5%). ZIFF DAVIS, INC. produced more free cash flow last quarter ($157.8M vs $36.4M). Over the past eight quarters, ZIFF DAVIS, INC.'s revenue compounded faster (13.7% CAGR vs 2.5%).
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.
CTEV vs ZD — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $246.6M | $406.7M |
| Net Profit | $-80.6M | $370.0K |
| Gross Margin | — | 85.9% |
| Operating Margin | -3.1% | 21.2% |
| Net Margin | -32.7% | 0.1% |
| Revenue YoY | 6.2% | -1.5% |
| Net Profit YoY | 41.6% | -99.4% |
| EPS (diluted) | $-4.88 | $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.
| Q4 25 | $246.6M | $406.7M | ||
| Q3 25 | $246.0M | $363.7M | ||
| Q2 25 | $241.6M | $352.2M | ||
| Q1 25 | $231.3M | $328.6M | ||
| Q4 24 | $232.1M | $412.8M | ||
| Q3 24 | $230.5M | $353.6M | ||
| Q2 24 | $233.5M | $320.8M | ||
| Q1 24 | $234.5M | $314.5M |
| Q4 25 | $-80.6M | $370.0K | ||
| Q3 25 | $-69.8M | $-3.6M | ||
| Q2 25 | $-62.6M | $26.3M | ||
| Q1 25 | $-71.3M | $24.2M | ||
| Q4 24 | $-138.0M | $64.1M | ||
| Q3 24 | $-391.4M | $-48.6M | ||
| Q2 24 | $-576.7M | $36.9M | ||
| Q1 24 | $-539.7M | $10.6M |
| Q4 25 | — | 85.9% | ||
| Q3 25 | — | 85.4% | ||
| Q2 25 | — | 86.1% | ||
| Q1 25 | — | 85.6% | ||
| Q4 24 | — | 87.1% | ||
| Q3 24 | — | 85.5% | ||
| Q2 24 | — | 84.4% | ||
| Q1 24 | — | 85.4% |
| Q4 25 | -3.1% | 21.2% | ||
| Q3 25 | 4.1% | 7.8% | ||
| Q2 25 | 6.9% | 9.5% | ||
| Q1 25 | 4.2% | 10.7% | ||
| Q4 24 | -17.8% | 19.0% | ||
| Q3 24 | -146.7% | -8.3% | ||
| Q2 24 | -224.4% | 8.9% | ||
| Q1 24 | -207.4% | 11.4% |
| Q4 25 | -32.7% | 0.1% | ||
| Q3 25 | -28.4% | -1.0% | ||
| Q2 25 | -25.9% | 7.5% | ||
| Q1 25 | -30.8% | 7.4% | ||
| Q4 24 | -59.4% | 15.5% | ||
| Q3 24 | -169.8% | -13.7% | ||
| Q2 24 | -247.0% | 11.5% | ||
| Q1 24 | -230.1% | 3.4% |
| Q4 25 | $-4.88 | $0.06 | ||
| Q3 25 | $-4.23 | $-0.09 | ||
| Q2 25 | $-3.81 | $0.62 | ||
| Q1 25 | $-4.38 | $0.56 | ||
| Q4 24 | $-8.49 | $1.53 | ||
| Q3 24 | $-24.25 | $-1.11 | ||
| Q2 24 | $-35.78 | $0.77 | ||
| Q1 24 | $-33.40 | $0.23 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $16.8M | $607.0M |
| Total DebtLower is stronger | $4.6B | $866.5M |
| Stockholders' EquityBook value | $-173.9M | $1.8B |
| Total Assets | $4.9B | $3.7B |
| Debt / EquityLower = less leverage | — | 0.49× |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $16.8M | $607.0M | ||
| Q3 25 | $39.2M | $503.4M | ||
| Q2 25 | $56.4M | $457.3M | ||
| Q1 25 | $23.1M | $431.0M | ||
| Q4 24 | $16.8M | $505.9M | ||
| Q3 24 | $86.6M | $386.1M | ||
| Q2 24 | $48.8M | $687.2M | ||
| Q1 24 | $58.7M | $751.2M |
| Q4 25 | $4.6B | $866.5M | ||
| Q3 25 | $4.5B | — | ||
| Q2 25 | $4.5B | — | ||
| Q1 25 | $4.5B | — | ||
| Q4 24 | $4.5B | $864.3M | ||
| Q3 24 | $4.5B | — | ||
| Q2 24 | $4.5B | — | ||
| Q1 24 | $4.5B | — |
| Q4 25 | $-173.9M | $1.8B | ||
| Q3 25 | $-101.8M | $1.8B | ||
| Q2 25 | $-39.9M | $1.8B | ||
| Q1 25 | $14.8M | $1.8B | ||
| Q4 24 | $84.0M | $1.8B | ||
| Q3 24 | $207.6M | $1.8B | ||
| Q2 24 | $603.4M | $1.9B | ||
| Q1 24 | $1.2B | $1.9B |
| Q4 25 | $4.9B | $3.7B | ||
| Q3 25 | $5.0B | $3.5B | ||
| Q2 25 | $5.1B | $3.5B | ||
| Q1 25 | $5.1B | $3.5B | ||
| Q4 24 | $5.2B | $3.7B | ||
| Q3 24 | $5.3B | $3.4B | ||
| Q2 24 | $5.7B | $3.7B | ||
| Q1 24 | $6.4B | $3.7B |
| Q4 25 | — | 0.49× | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | 304.87× | — | ||
| Q4 24 | 53.67× | 0.48× | ||
| Q3 24 | 21.73× | — | ||
| Q2 24 | 7.48× | — | ||
| Q1 24 | 3.85× | — |
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 | $66.3M | $191.1M |
| Free Cash FlowOCF − Capex | $36.4M | $157.8M |
| FCF MarginFCF / Revenue | 14.8% | 38.8% |
| Capex IntensityCapex / Revenue | 12.1% | 8.2% |
| Cash ConversionOCF / Net Profit | — | 516.44× |
| TTM Free Cash FlowTrailing 4 quarters | $-12.3M | $287.9M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $66.3M | $191.1M | ||
| Q3 25 | $19.9M | $138.3M | ||
| Q2 25 | $61.2M | $57.1M | ||
| Q1 25 | $-30.1M | $20.6M | ||
| Q4 24 | $-33.4M | $158.2M | ||
| Q3 24 | $72.8M | $106.0M | ||
| Q2 24 | $18.5M | $50.6M | ||
| Q1 24 | $49.7M | $75.6M |
| Q4 25 | $36.4M | $157.8M | ||
| Q3 25 | $-16.3M | $108.2M | ||
| Q2 25 | $36.6M | $26.9M | ||
| Q1 25 | $-68.9M | $-5.0M | ||
| Q4 24 | $-63.8M | $131.1M | ||
| Q3 24 | $41.1M | $80.1M | ||
| Q2 24 | $-7.0M | $25.1M | ||
| Q1 24 | $19.2M | $47.4M |
| Q4 25 | 14.8% | 38.8% | ||
| Q3 25 | -6.6% | 29.7% | ||
| Q2 25 | 15.2% | 7.6% | ||
| Q1 25 | -29.8% | -1.5% | ||
| Q4 24 | -27.5% | 31.8% | ||
| Q3 24 | 17.8% | 22.7% | ||
| Q2 24 | -3.0% | 7.8% | ||
| Q1 24 | 8.2% | 15.1% |
| Q4 25 | 12.1% | 8.2% | ||
| Q3 25 | 14.7% | 8.3% | ||
| Q2 25 | 10.2% | 8.6% | ||
| Q1 25 | 16.8% | 7.8% | ||
| Q4 24 | 13.1% | 6.6% | ||
| Q3 24 | 13.8% | 7.3% | ||
| Q2 24 | 10.9% | 8.0% | ||
| Q1 24 | 13.0% | 8.9% |
| Q4 25 | — | 516.44× | ||
| Q3 25 | — | — | ||
| Q2 25 | — | 2.17× | ||
| Q1 25 | — | 0.85× | ||
| Q4 24 | — | 2.47× | ||
| Q3 24 | — | — | ||
| Q2 24 | — | 1.37× | ||
| Q1 24 | — | 7.11× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
CTEV
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% |
