Ziff Davis, Inc. income statement
In fiscal 2025, Ziff Davis, Inc. reported revenue of $1.45bn, up 3.5% on the year before, operating income of $183m (a 12.6% margin) and net income of $47.4m, or $1.15 per diluted share. Every line below comes from the company's 10-K and 10-Q filings; column headings link to the filing.
Income statement
| Fiscal year | 2009Dec 2009 | 2010Dec 2010 | 2011Dec 2011 | 2012Dec 2012 | 2013Dec 2013 | 2014Dec 2014 | 2015Dec 2015 | 2016Dec 2016 | 2017Dec 2017 | 2018Dec 2018 | 2019Dec 2019 | 2020Dec 2020 | 2021Dec 2021 | 2022Dec 2022 | 2023Dec 2023 | 2024Dec 2024 | 2025Dec 2025 | LTMJun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 246 | 255 | 330 | 371 | 521 | 599 | 721 | 874 | 1,118 | 1,207 | 1,050 | 1,159 | 1,417 | 1,391 | 1,364 | 1,402 | 1,451 | 1,325 |
| Cost of revenue | — | — | — | — | — | — | — | 147 | 172 | 201 | 187 | 178 | 188 | 185 | 186 | 200 | 207 | 200 |
| Gross profit | 201 | 211 | 270 | 304 | 434 | 493 | 598 | 727 | 946 | 1,006 | 863 | 980 | 1,229 | 1,206 | 1,178 | 1,201 | 1,245 | 1,124 |
| Research and development | 12 | 13 | 16 | 19 | 25 | 31 | 34 | 38 | 46 | 48 | 45 | 57 | 79 | 74 | 69 | 67 | 62 | 58 |
| Selling and marketing | 37 | 46 | 59 | 63 | 131 | 142 | 159 | 207 | 330 | 338 | 328 | 366 | 493 | 491 | 487 | 520 | 543 | 511 |
| General and administrative | 45 | 48 | 58 | 61 | 102 | 134 | 205 | 240 | 324 | 375 | 403 | 419 | 457 | 182 | 196 | 203 | 210 | 203 |
| Operating income | 104 | 104 | 136 | 162 | 175 | 186 | 199 | 243 | 246 | 244 | 88 | 138 | 167 | 199 | 133 | 114 | 183 | 73 |
| Interest expense | — | — | — | 9 | 22 | 33 | 44 | 43 | 59 | 64 | 26 | 58 | 80 | 37 | 42 | 35 | 38 | — |
| Net interest income | — | — | 1 | −8 | −21 | −31 | −42 | −41 | −68 | −62 | −27 | −56 | −72 | −34 | −20 | — | — | — |
| Income before tax | 98 | 111 | 137 | 155 | 143 | 155 | 157 | 211 | 200 | 178 | 55 | 78 | 351 | 131 | 75 | 93 | 81 | −25 |
| Income tax | 31 | 28 | 22 | 33 | 35 | 30 | 23 | 59 | 61 | 45 | 14 | 38 | −14 | 58 | 24 | 41 | 25 | 16 |
| Net income | 67 | 83 | 115 | 122 | 108 | 124 | 134 | 152 | 139 | 129 | 219 | 151 | 497 | 64 | 42 | 63 | 47 | 643 |
| Diluted EPS | $1.48 | $1.81 | $2.43 | $2.61 | $2.28 | $2.58 | $2.73 | $3.13 | $2.83 | $2.59 | $4.39 | $3.18 | $10.37 | $1.36 | $0.89 | $1.42 | $1.15 | $16.73 |
| Diluted shares (average) | 45m | 46m | 46m | 46m | 46m | 47m | 48m | 48m | 49m | 49m | 49m | 47m | 48m | 47m | 46m | 45m | 41m | 38m |
| EBITDA | 119 | 118 | 156 | 184 | 215 | 249 | 293 | 365 | 408 | 431 | 320 | 367 | 426 | 432 | 370 | 326 | 412 | 285 |
| Quarter | 2024 Q3Sept 2024 | 2024 Q4Dec 2024 | 2025 Q1Mar 2025 | 2025 Q2Jun 2025 | 2025 Q3Sept 2025 | 2025 Q4Dec 2025 | 2026 Q1Mar 2026 | 2026 Q2Jun 2026 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 354 | 413 | 273 | 295 | 364 | 407 | 268 | 287 |
| Cost of revenue | 51 | 53 | 40 | 41 | 53 | 57 | 44 | 46 |
| Gross profit | 302 | 360 | 232 | 254 | 311 | 349 | 223 | 241 |
| Research and development | 15 | 18 | 14 | 14 | 15 | 14 | 14 | 14 |
| Selling and marketing | 127 | 151 | 112 | 127 | 138 | 136 | 115 | 122 |
| General and administrative | 52 | 53 | 43 | 49 | 54 | 55 | 47 | 47 |
| Operating income | −29 | 79 | 14 | 14 | 28 | 86 | 3 | −45 |
| Income before tax | −36 | 75 | 7 | 9 | 9 | 20 | −3 | −51 |
| Income tax | 13 | 14 | 4 | −0 | 13 | −0 | 3 | 1 |
| Net income | −49 | 64 | 24 | 26 | −4 | 0 | 22 | 624 |
| Diluted EPS | −$1.11 | $1.44 | $0.57 | $0.63 | −$0.09 | $0.02 | $0.59 | $17.16 |
| EBITDA | 22 | 138 | 70 | 64 | 86 | 144 | 53 | 2 |
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