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Side-by-side financial comparison of Magnera Corp (MAGN) and ZIFF DAVIS, INC. (ZD). Click either name above to swap in a different company.
Magnera Corp is the larger business by last-quarter revenue ($792.0M vs $406.7M, roughly 1.9× ZIFF DAVIS, INC.). ZIFF DAVIS, INC. runs the higher net margin — 0.1% vs -4.3%, a 4.4% gap on every dollar of revenue. On growth, Magnera Corp posted the faster year-over-year revenue change (12.8% vs -1.5%). ZIFF DAVIS, INC. produced more free cash flow last quarter ($157.8M vs $-13.0M). Over the past eight quarters, Magnera Corp's revenue compounded faster (54.9% CAGR vs 13.7%).
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.
MAGN vs ZD — Head-to-Head
Income Statement — Q1 FY2026 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $792.0M | $406.7M |
| Net Profit | $-34.0M | $370.0K |
| Gross Margin | 12.2% | 85.9% |
| Operating Margin | 1.8% | 21.2% |
| Net Margin | -4.3% | 0.1% |
| Revenue YoY | 12.8% | -1.5% |
| Net Profit YoY | 43.3% | -99.4% |
| EPS (diluted) | $-0.95 | $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 | $792.0M | $406.7M | ||
| Q3 25 | — | $363.7M | ||
| Q2 25 | $839.0M | $352.2M | ||
| Q1 25 | $824.0M | $328.6M | ||
| Q4 24 | $702.0M | $412.8M | ||
| Q3 24 | $332.1M | $353.6M | ||
| Q2 24 | $556.0M | $320.8M | ||
| Q1 24 | $558.0M | $314.5M |
| Q4 25 | $-34.0M | $370.0K | ||
| Q3 25 | — | $-3.6M | ||
| Q2 25 | $-18.0M | $26.3M | ||
| Q1 25 | $-41.0M | $24.2M | ||
| Q4 24 | $-60.0M | $64.1M | ||
| Q3 24 | $-15.2M | $-48.6M | ||
| Q2 24 | $19.0M | $36.9M | ||
| Q1 24 | $14.0M | $10.6M |
| Q4 25 | 12.2% | 85.9% | ||
| Q3 25 | — | 85.4% | ||
| Q2 25 | 10.7% | 86.1% | ||
| Q1 25 | 10.7% | 85.6% | ||
| Q4 24 | 10.1% | 87.1% | ||
| Q3 24 | 10.7% | 85.5% | ||
| Q2 24 | 6.6% | 84.4% | ||
| Q1 24 | 6.2% | 85.4% |
| Q4 25 | 1.8% | 21.2% | ||
| Q3 25 | — | 7.8% | ||
| Q2 25 | 1.5% | 9.5% | ||
| Q1 25 | 0.5% | 10.7% | ||
| Q4 24 | -3.1% | 19.0% | ||
| Q3 24 | 0.9% | -8.3% | ||
| Q2 24 | 3.1% | 8.9% | ||
| Q1 24 | 3.8% | 11.4% |
| Q4 25 | -4.3% | 0.1% | ||
| Q3 25 | — | -1.0% | ||
| Q2 25 | -2.1% | 7.5% | ||
| Q1 25 | -5.0% | 7.4% | ||
| Q4 24 | -8.5% | 15.5% | ||
| Q3 24 | -4.6% | -13.7% | ||
| Q2 24 | 3.4% | 11.5% | ||
| Q1 24 | 2.5% | 3.4% |
| Q4 25 | $-0.95 | $0.06 | ||
| Q3 25 | — | $-0.09 | ||
| Q2 25 | $-0.51 | $0.62 | ||
| Q1 25 | $-1.15 | $0.56 | ||
| Q4 24 | $-1.69 | $1.53 | ||
| Q3 24 | $-0.33 | $-1.11 | ||
| Q2 24 | $0.60 | $0.77 | ||
| Q1 24 | $0.44 | $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 | $264.0M | $607.0M |
| Total DebtLower is stronger | $1.9B | $866.5M |
| Stockholders' EquityBook value | $1.0B | $1.8B |
| Total Assets | $3.9B | $3.7B |
| Debt / EquityLower = less leverage | 1.86× | 0.49× |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $264.0M | $607.0M | ||
| Q3 25 | — | $503.4M | ||
| Q2 25 | $276.0M | $457.3M | ||
| Q1 25 | $282.0M | $431.0M | ||
| Q4 24 | $215.0M | $505.9M | ||
| Q3 24 | $230.0M | $386.1M | ||
| Q2 24 | $33.9M | $687.2M | ||
| Q1 24 | $30.2M | $751.2M |
| Q4 25 | $1.9B | $866.5M | ||
| Q3 25 | — | — | ||
| Q2 25 | $2.0B | — | ||
| Q1 25 | $2.0B | — | ||
| Q4 24 | $2.0B | $864.3M | ||
| Q3 24 | $2.0B | — | ||
| Q2 24 | $877.4M | — | ||
| Q1 24 | $884.7M | — |
| Q4 25 | $1.0B | $1.8B | ||
| Q3 25 | — | $1.8B | ||
| Q2 25 | $1.1B | $1.8B | ||
| Q1 25 | $1.1B | $1.8B | ||
| Q4 24 | $1.1B | $1.8B | ||
| Q3 24 | $2.1B | $1.8B | ||
| Q2 24 | $2.4B | $1.9B | ||
| Q1 24 | $2.4B | $1.9B |
| Q4 25 | $3.9B | $3.7B | ||
| Q3 25 | — | $3.5B | ||
| Q2 25 | $4.1B | $3.5B | ||
| Q1 25 | $4.1B | $3.5B | ||
| Q4 24 | $4.0B | $3.7B | ||
| Q3 24 | $2.8B | $3.4B | ||
| Q2 24 | $1.5B | $3.7B | ||
| Q1 24 | $1.5B | $3.7B |
| Q4 25 | 1.86× | 0.49× | ||
| Q3 25 | — | — | ||
| Q2 25 | 1.77× | — | ||
| Q1 25 | 1.83× | — | ||
| Q4 24 | 1.80× | 0.48× | ||
| Q3 24 | 0.91× | — | ||
| Q2 24 | 0.37× | — | ||
| Q1 24 | 0.36× | — |
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 | $2.0M | $191.1M |
| Free Cash FlowOCF − Capex | $-13.0M | $157.8M |
| FCF MarginFCF / Revenue | -1.6% | 38.8% |
| Capex IntensityCapex / Revenue | 1.9% | 8.2% |
| Cash ConversionOCF / Net Profit | — | 516.44× |
| TTM Free Cash FlowTrailing 4 quarters | — | $287.9M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $2.0M | $191.1M | ||
| Q3 25 | — | $138.3M | ||
| Q2 25 | $0 | $57.1M | ||
| Q1 25 | $65.0M | $20.6M | ||
| Q4 24 | $-58.0M | $158.2M | ||
| Q3 24 | $12.2M | $106.0M | ||
| Q2 24 | $38.0M | $50.6M | ||
| Q1 24 | $20.0M | $75.6M |
| Q4 25 | $-13.0M | $157.8M | ||
| Q3 25 | — | $108.2M | ||
| Q2 25 | — | $26.9M | ||
| Q1 25 | $42.0M | $-5.0M | ||
| Q4 24 | $-74.0M | $131.1M | ||
| Q3 24 | $3.6M | $80.1M | ||
| Q2 24 | $23.0M | $25.1M | ||
| Q1 24 | $12.5M | $47.4M |
| Q4 25 | -1.6% | 38.8% | ||
| Q3 25 | — | 29.7% | ||
| Q2 25 | — | 7.6% | ||
| Q1 25 | 5.1% | -1.5% | ||
| Q4 24 | -10.5% | 31.8% | ||
| Q3 24 | 1.1% | 22.7% | ||
| Q2 24 | 4.1% | 7.8% | ||
| Q1 24 | 2.2% | 15.1% |
| Q4 25 | 1.9% | 8.2% | ||
| Q3 25 | — | 8.3% | ||
| Q2 25 | 1.5% | 8.6% | ||
| Q1 25 | 2.8% | 7.8% | ||
| Q4 24 | 2.3% | 6.6% | ||
| Q3 24 | 2.6% | 7.3% | ||
| Q2 24 | 2.7% | 8.0% | ||
| Q1 24 | 1.3% | 8.9% |
| Q4 25 | — | 516.44× | ||
| Q3 25 | — | — | ||
| Q2 25 | — | 2.17× | ||
| Q1 25 | — | 0.85× | ||
| Q4 24 | — | 2.47× | ||
| Q3 24 | — | — | ||
| Q2 24 | 2.00× | 1.37× | ||
| Q1 24 | 1.43× | 7.11× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
MAGN
| Other | $451.0M | 57% |
| United States And Canada | $341.0M | 43% |
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% |
