Ziff Davis Inc. (ZD) financial statements: income statement, balance sheet and cash flow
Ziff Davis Inc.'s income statement, balance sheet and cash flow statement as filed with the SEC (10-K and 10-Q), with the latest fiscal years and quarters. In its latest fiscal year (Dec 31, 2025 · FY), Ziff Davis Inc. reported revenue of $1.5B (+3.5% year on year) and net income of $47.4M (-24.9% year on year).
Income statement
Ziff Davis Inc. income statement, fiscal years
Line item
Dec 31, 2025 · FY
Dec 31, 2024 · FY
Dec 31, 2023 · FY
Dec 31, 2022 · FY
Total revenues
$1.5B
$1.4B
—
—
Direct costs
$206.6M
$200.3M
$197.3M
$195.6M
Sales and marketing
$543.3M
$519.7M
$487.4M
$490.8M
Research, development, and engineering
$62.0M
$67.4M
$68.9M
$74.1M
General, administrative, and other related costs
$210.0M
$203.5M
$421.1M
$404.3M
Depreciation and amortization
$228.7M
$211.9M
—
—
Goodwill impairment
$17.6M
$85.3M
$56.9M
$27.4M
Total operating costs and expenses
$1.3B
$1.3B
$1.2B
$1.2B
Income from operations
$183.1M
$113.6M
$132.6M
$198.9M
Interest expense, net
($25.9M)
($14.0M)
($20.0M)
($33.8M)
Loss on sale of businesses
($58.0M)
($3.8M)
$0
$0
Gain (loss) on investments, net
$5.0M
($7.7M)
$357.0K
—
Provision for credit losses on investments
($17.6M)
—
—
—
Other (loss) income, net
($5.9M)
$5.0M
($9.5M)
$8.4M
Income before income tax expense and (loss) income from equity method investment
$80.7M
$93.2M
$75.0M
$131.2M
Income tax expense
($25.4M)
($41.4M)
($24.1M)
($58.0M)
(Loss) income from equity method investment, net of tax
($7.9M)
$11.2M
($9.3M)
($7.7M)
Net income
$47.4M
$63.0M
$41.5M
$63.8M
Basic (in dollars per share)
$1.16
$1.42
$0.89
$1.39
Diluted (in dollars per share)
$1.15
$1.42
$0.89
$1.39
Basic (in shares)
41.0M
44.5M
46.4M
47.0M
Diluted (in shares)
41.1M
44.5M
46.5M
47.0M
Ziff Davis Inc. income statement, quarters
Line item
Jun 30, 2026 · Q2
Mar 31, 2026 · Q1
Sep 30, 2025 · Q3
Jun 30, 2025 · Q2
Total revenues
$286.7M
$267.6M
$363.7M
$352.2M
Direct costs
$45.7M
$44.3M
$53.2M
$49.0M
Sales and marketing
$122.2M
$115.2M
$137.8M
$141.6M
Research, development, and engineering
$14.4M
$13.6M
$15.4M
$16.5M
General, administrative, and other related costs
$47.5M
$46.6M
$54.0M
$54.1M
Depreciation and amortization
$46.9M
$44.9M
$57.3M
$57.6M
Goodwill impairment
$54.8M
—
$17.6M
—
Total operating costs and expenses
$331.5M
$264.7M
$335.3M
$318.7M
Operating (loss) income
($44.7M)
$2.9M
$28.4M
$33.5M
Interest expense, net
($5.8M)
($6.9M)
($6.5M)
($6.5M)
Gain on investments, net
$0
—
$678.0K
$4.3M
Other (loss) income, net
($586.0K)
$688.0K
$4.1M
($5.8M)
(Loss) income from continuing operations before income tax expense and income from equity method investment
($51.1M)
($3.3M)
$9.1M
$25.5M
Income tax (expense) benefit
($941.0K)
($2.6M)
($12.8M)
($4.3M)
(Loss) income from equity method investment, net of tax
($133.0K)
$5.1M
$38.0K
$5.1M
Net (loss) income from continuing operations
($52.2M)
($775.0K)
—
—
Net income from discontinued operations, net of tax
$676.6M
$23.0M
—
—
Net income
$624.5M
$22.3M
($3.6M)
$26.3M
Basic (in dollars per share)
-$1.43
-$0.02
—
—
Diluted (in dollars per share)
-$1.43
-$0.02
—
—
Basic (in dollars per share)
$18.60
$0.61
—
—
Diluted (in dollars per share)
$18.60
$0.61
—
—
Basic (in dollars per share)
$17.16
$0.59
-$0.09
$0.63
Diluted (in dollars per share)
$17.16
$0.59
-$0.09
$0.62
Basic (in shares)
36.4M
37.6M
40.6M
41.7M
Diluted (in shares)
36.4M
37.6M
40.6M
43.1M
Balance sheet
Ziff Davis Inc. balance sheet, fiscal years
Line item
Dec 31, 2025 · FY
Dec 31, 2024 · FY
Dec 31, 2023 · FY
Dec 31, 2022 · FY
Cash and cash equivalents
$607.0M
$505.9M
$737.6M
$652.8M
Accounts receivable, net of allowances of $9,216 and $8,148, respectively
$667.2M
$660.2M
$337.7M
$304.7M
Prepaid expenses and other current assets
$96.2M
$106.0M
$88.6M
$68.3M
Total current assets
$1.4B
$1.3B
$1.2B
$1.1B
Long-term investments
$93.2M
$158.2M
$140.9M
$127.9M
Property and equipment, net
$213.2M
$197.2M
$188.2M
$178.2M
Trade names and trademarks, net
$129.4M
$153.0M
$155.8M
—
Customer relationships, net
$176.5M
$215.3M
$137.3M
$208.1M
Other purchased intangibles, net
$38.3M
$57.4M
$32.4M
$118.6M
Goodwill
$1.6B
$1.6B
$1.5B
$1.6B
Deferred income taxes
$5.3M
$7.5M
$8.7M
$8.5M
Other assets
$29.5M
$63.4M
$70.8M
$80.1M
TOTAL ASSETS
$3.7B
$3.7B
$3.5B
$3.5B
Accounts payable and accrued expenses
$709.4M
$670.8M
—
—
Income taxes payable, current
$9.5M
$19.7M
$14.5M
$19.7M
Deferred revenue, current
$190.0M
$199.7M
$184.5M
$187.9M
Current portion of long-term debt
$148.7M
—
—
$0
Other current liabilities
$17.3M
$9.5M
$15.9M
$22.3M
Total current liabilities
$1.1B
$899.6M
$431.8M
$432.4M
Long-term debt
$717.8M
$864.3M
$1.0B
$999.1M
Deferred revenue, noncurrent
$18.9M
$5.5M
$8.2M
$9.1M
Liability for uncertain tax positions
$19.7M
$30.3M
$36.1M
$40.4M
Deferred income taxes
$41.4M
$46.0M
$45.5M
$79.0M
Other noncurrent liabilities
$36.9M
$47.7M
$46.7M
$69.0M
TOTAL LIABILITIES
$1.9B
$1.9B
$1.6B
$1.6B
Preferred stock
$0
$0
$0
$0
Common stock, $0.01 par value. Authorized 95,000,000; total issued and outstanding 38,376,859 and 42,848,339 shares at December 31, 2025 and 2024, respectively
384.0K
428.0K
461.0K
473.0K
Additional paid-in capital
$472.7M
$491.9M
$472.2M
$439.7M
Retained earnings
$1.3B
$1.4B
$1.5B
$1.5B
Accumulated other comprehensive loss
($57.1M)
($82.5M)
($71.6M)
($85.4M)
TOTAL STOCKHOLDERS’ EQUITY
$1.8B
$1.8B
$1.9B
$1.9B
TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY
$3.7B
$3.7B
$3.5B
$3.5B
Ziff Davis Inc. balance sheet, quarters
Line item
Jun 30, 2026
Mar 31, 2026
Sep 30, 2025
Jun 30, 2025
Cash and cash equivalents
$1.6B
$519.7M
$503.4M
$457.3M
Accounts receivable, net of allowances of $6,343 and $8,141, respectively
$418.8M
$397.5M
$473.2M
$523.0M
Prepaid expenses and other current assets
$59.8M
$83.1M
$148.0M
$122.2M
Current assets - discontinued operations
$0
$435.2M
—
—
Total current assets
$2.1B
$1.4B
$1.1B
$1.1B
Long-term investments
$99.9M
$100.1M
$119.6M
$139.8M
Property and equipment, net of accumulated depreciation of $419,396 and $382,187, respectively
$171.5M
$166.9M
$207.9M
$204.2M
Intangible assets, net
$293.8M
$314.1M
$375.3M
$397.6M
Goodwill
$1.3B
$1.3B
$1.6B
$1.6B
Deferred income taxes
$5.4M
$5.4M
$7.5M
$7.5M
Other assets
$51.6M
$28.4M
$36.0M
$48.3M
Noncurrent assets - discontinued operations
$0
$0
—
—
TOTAL ASSETS
$4.0B
$3.4B
$3.5B
$3.5B
Accounts payable and accrued expenses
$489.6M
$450.3M
$472.1M
$474.2M
Income taxes payable, current
$185.6M
$2.7M
$5.5M
$0
Deferred revenue, current
$127.0M
$132.0M
$203.1M
$208.8M
Current portion of long-term debt
$148.9M
$148.8M
—
—
Other current liabilities
$12.2M
$15.5M
$17.3M
$9.8M
Current liabilities - discontinued operations
$0
$114.4M
—
—
Total current liabilities
$963.3M
$863.7M
$698.0M
$692.8M
Long-term debt
$718.7M
$718.3M
$865.9M
$865.4M
Deferred revenue, noncurrent
$5.9M
$6.1M
$5.6M
$5.5M
Liability for uncertain tax positions
$19.6M
$20.1M
$24.2M
$31.3M
Deferred income taxes
$20.8M
$30.2M
$45.4M
$39.8M
Other noncurrent liabilities
$32.2M
$34.4M
$38.9M
$41.9M
Noncurrent liabilities - discontinued operations
$0
$0
—
—
TOTAL LIABILITIES
$1.8B
$1.7B
$1.7B
$1.7B
Preferred stock
$0
$0
$0
$0
Common stock, $0.01 par value. Authorized 95,000,000; total issued and outstanding 34,962,853 and 38,376,859 shares at June 30, 2026 and December 31, 2025, respectively
350.0K
374.0K
400.0K
412.0K
Additional paid-in capital
$436.4M
$454.3M
$482.7M
$484.5M
Retained earnings
$1.9B
$1.3B
$1.4B
$1.4B
Accumulated other comprehensive loss
($67.0M)
($65.4M)
($58.8M)
($51.7M)
TOTAL STOCKHOLDERS’ EQUITY
$2.2B
$1.7B
$1.8B
$1.8B
TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY
$4.0B
$3.4B
$3.5B
$3.5B
Cash flow statement
Ziff Davis Inc. cash flow statement, fiscal years
Line item
Dec 31, 2025 · FY
Dec 31, 2024 · FY
Dec 31, 2023 · FY
Dec 31, 2022 · FY
Net income
$47.4M
$63.0M
$41.5M
$63.8M
Depreciation and amortization
$228.7M
$211.9M
$237.0M
$233.4M
Non-cash operating lease costs
$9.0M
$10.9M
$11.1M
$13.4M
Share-based compensation
$44.9M
$40.9M
$31.9M
$26.6M
Provision for credit losses on accounts receivable
$4.0M
$2.9M
$2.8M
($255.0K)
Provision for credit losses on investments
$17.6M
—
—
—
Deferred income taxes, net
$4.0M
($18.8M)
($30.0M)
($13.0M)
Loss on sale of businesses
$58.0M
$3.8M
$0
$0
Goodwill impairment
$17.6M
$85.3M
$56.9M
$27.4M
Changes in fair value of contingent consideration
($2.8M)
$0
($200.0K)
($2.6M)
Loss (income) from equity method investments
$7.9M
($11.2M)
$9.3M
—
(Gain) loss on investment, net
($5.0M)
$7.7M
($357.0K)
$46.7M
Other
$3.1M
$3.6M
$5.2M
$945.0K
Accounts receivable
($8.4M)
($153.1M)
($35.4M)
$14.9M
Prepaid expenses and other current assets
($9.3M)
($17.2M)
($8.7M)
$9.7M
Other assets
$9.8M
$11.4M
($5.6M)
($20.0M)
Accounts payable and income taxes payable
$2.6M
—
—
—
Deferred revenue
($4.6M)
$5.0M
($6.8M)
($21.0M)
Accrued liabilities and other current liabilities
($17.2M)
($27.1M)
($26.6M)
—
Net cash provided by operating activities
$407.1M
$390.3M
$320.0M
$336.4M
Purchases of property and equipment
($119.2M)
($106.6M)
($108.7M)
($106.2M)
Acquisitions, net of cash received
($67.3M)
($217.6M)
($9.5M)
($104.1M)
Purchase of equity investments
$0
$0
$0
$0
Proceeds from sale of equity investments
$25.3M
$19.5M
$3.2M
$4.5M
Proceeds from sale of equity method investment
$860.0K
—
—
—
Distribution from equity method investment
$10.8M
—
$0
$0
Proceeds from sale of businesses, net of cash divested
$3.6M
$7.9M
$0
$0
Other
$338.0K
($565.0K)
($503.0K)
—
Net cash used in investing activities
($145.8M)
($297.5M)
($127.4M)
($220.8M)
Payment of debt
$0
($135.0M)
$0
($166.9M)
Debt extinguishment costs
$0
($277.0K)
$0
($756.0K)
Repurchase of common stock
($173.8M)
($185.2M)
($108.5M)
($78.3M)
Issuance of common stock under employee stock purchase plan
$6.5M
$8.4M
$8.7M
$9.4M
Deferred payments for acquisitions
($1.3M)
($7.8M)
($15.2M)
($16.1M)
Other
($1.7M)
($1.1M)
$250.0K
($630.0K)
Net cash used in financing activities
($170.3M)
($321.0M)
($114.8M)
($140.8M)
Effect of exchange rate changes on cash and cash equivalents
$10.1M
($3.6M)
$7.1M
($16.9M)
Net change in cash and cash equivalents
$101.1M
($231.7M)
$84.8M
($42.0M)
Cash and cash equivalents at beginning of year
$505.9M
$737.6M
$652.8M
$694.8M
Cash and cash equivalents at end of year
$607.0M
$505.9M
$737.6M
$652.8M
Ziff Davis Inc. cash flow statement, quarters
Line item
Jun 30, 2026 · YTD
Mar 31, 2026 · Q1
Sep 30, 2025 · YTD
Jun 30, 2025 · YTD
Net income
$646.7M
$22.3M
$47.0M
$50.6M
Depreciation and amortization
$96.7M
$49.8M
$170.8M
$113.4M
Non-cash operating lease costs
$3.0K
$2.0M
$5.6M
$4.3M
Share-based compensation
$23.9M
$10.9M
$33.7M
$21.5M
Provision for credit losses on accounts receivable
$2.0M
$1.1M
$2.5M
$1.0M
Deferred income taxes, net
($22.5M)
($12.3M)
$1.2M
($7.3M)
Gain on sale of businesses
($860.6M)
—
$0
$0
Goodwill impairment
$54.8M
—
$17.6M
—
Changes in fair value of contingent consideration
$124.0K
$124.0K
($2.8M)
($2.3M)
Income from equity method investments, net of tax
($5.0M)
($5.1M)
($11.8M)
($11.7M)
Gain on investments, net
$0
—
($5.0M)
($4.3M)
Other
$3.8M
$1.1M
$2.4M
$1.7M
Accounts receivable
$204.8M
$195.3M
$187.8M
$147.4M
Prepaid expenses and other current assets
($3.0M)
($3.8M)
($10.3M)
($523.0K)
Other assets
$3.5M
($1.8M)
$14.7M
$1.9M
Accounts payable and accrued expenses
($230.2M)
($247.7M)
($240.4M)
($231.1M)
Income taxes payable
$204.3M
—
—
—
Deferred revenue
$7.4M
$22.9M
($4.7M)
$464.0K
Other current liabilities
($7.9M)
—
—
—
Net cash provided by operating activities
$118.9M
$30.0M
$216.0M
$77.7M
Purchases of property and equipment
($68.1M)
($33.1M)
($85.9M)
($55.8M)
Acquisitions, net of cash received
($8.0M)
$0
($67.1M)
($50.3M)
Distribution from equity method investment
$0
—
$10.8M
$9.2M
Proceeds from sale of equity investments
$0
—
$25.3M
$25.3M
Proceeds from sale of businesses, net of cash divested
$1.1B
—
$0
$0
Other
($209.0K)
($80.0K)
($263.0K)
$51.0K
Net cash provided by (used in) investing activities
$1.1B
($33.2M)
($116.4M)
($71.6M)
Repurchase of common stock
($173.1M)
($51.6M)
($113.2M)
($68.8M)
Issuance of common stock under employee stock purchase plan
$3.5M
—
$3.8M
$3.8M
Deferred payments for acquisitions
($1.2M)
—
($213.0K)
($213.0K)
Other
($3.0M)
($1.9M)
($1.8M)
($1.6M)
Net cash used in financing activities
($173.8M)
($53.5M)
($111.5M)
($66.9M)
Effect of exchange rate changes on cash and cash equivalents
($3.7M)
($4.4M)
$9.3M
$12.2M
Net change in cash and cash equivalents
$999.1M
($61.2M)
($2.5M)
($48.6M)
Cash and cash equivalents at beginning of period
$607.0M
$607.0M
$505.9M
$505.9M
Cash and cash equivalents at beginning of period associated with discontinued operations
$33.2M
$33.2M
—
—
Cash and cash equivalents at beginning of period associated with continuing operations
$573.8M
$573.8M
—
—
Cash and cash equivalents at end of period
$1.6B
$545.8M
$503.4M
$457.3M
Cash and cash equivalents at end of period associated with discontinued operations
$0
$26.1M
—
—
Cash and cash equivalents at end of period associated with continuing operations