Ziff Davis, Inc.
Communication ServicesNASDAQ:ZD · NASDAQ Global Select
+$0.52 today
Vol 0.53M · Avg 0.66M
Income Statement
Follow revenue through to earnings
Review sales, margins, expenses, and profit trends to see what is actually driving reported earnings over time.
Earnings Waterfall
Revenue to Net Income
Key Ratios
Analysis
$1.4B of revenue converted into $45.4M of net income for the selected period. Gross margin is 73.4% and net margin is 3.7%, showing how much revenue survives after costs and taxes. EPS is $1.13, tying the income statement back to per-share earnings.
Income Statement
Annual data · 5 periods
| Metric | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $1.5B +3.5% | $1.4B +2.8% | $1.4B -1.9% | $1.4B -1.8% | $1.4B | $809.6M | $921.6M | $731.2M |
| Cost of Revenue | $435.2M +117.2% | $200.3M +7.9% | $185.7M +0.6% | $184.5M -1.9% | $188.1M | $725.6M | $804.0M | $882.4M |
| Gross Profit | $1.0B -15.4% | $1.2B +2.0% | $1.2B -2.3% | $1.2B -1.8% | $1.2B | $8.9B | $7.6B | $6.2B |
| Gross Margin | 70.0% -15.7pp | 85.7% -0.7pp | 86.4% -0.3pp | 86.7% +0.0pp | 86.7% | 9.8% | 28.9% | 38.3% |
| Research & Development | $62.0M -8.0% | $67.4M -2.2% | $68.9M -7.1% | $74.1M -6.1% | $78.9M | $983.2M | $1.3B | $490.4M |
| Selling, General & Admin | $750.9M +3.8% | $723.2M +5.9% | $683.1M +1.6% | $672.6M -29.2% | $949.8M | $620.6M | $923.0M | -$1.5B |
| Operating Expenses | $812.2M -25.3% | $1.1B +4.0% | $1.0B +3.8% | $1.0B -5.1% | $1.1B | $5.3B | $7.0B | $8.7B |
| Depreciation & Amortization | $228.7M +7.9% | $211.9M -10.6% | $237.0M +1.5% | $233.4M -9.6% | $258.3M | $374.2M | $1.2B | $631.8M |
| EBITDA | $327.4M +2.6% | $319.1M -3.9% | $332.0M -16.7% | $398.4M -41.6% | $681.7M | -$15.2B | $6.8B | $9.3B |
| EBITDA Margin | 22.6% -0.2pp | 22.8% -1.6pp | 24.3% -4.3pp | 28.6% -19.5pp | 48.1% | 5.6% | 46.3% | 42.0% |
| Operating Income | $203.9M +79.4% | $113.6M -14.3% | $132.6M -33.3% | $198.9M +18.9% | $167.3M | $12.3B | $14.0B | -$15.7B |
| Operating Margin | 14.1% +5.9pp | 8.1% -1.6pp | 9.7% -4.6pp | 14.3% +2.5pp | 11.8% | 16.6% | 24.1% | 22.0% |
| Interest Income | $0 | $0 | $0 | $0 | $0 | -$1.5B | -$1.6B | $405.0M |
| Interest Expense | $25.9M +85.2% | $14.0M -30.2% | $20.0M -40.8% | $33.8M -53.0% | $72.0M | $1.1B | $1.0B | $1.2B |
| Other Income / Expenses | -$131.1M -1320.5% | -$9.2M +86.2% | -$67.0M +11.3% | -$75.5M -134.3% | $219.9M | -$1.5B | $1.4B | $1.2B |
| Income Before Tax | $72.8M -30.3% | $104.4M +59.1% | $65.6M -46.8% | $123.4M -68.1% | $387.2M | $3.3B | $4.9B | $3.6B |
| Pre-Tax Margin | 5.0% -2.4pp | 7.4% +2.6pp | 4.8% -4.1pp | 8.9% -18.5pp | 27.3% | 20.8% | 18.7% | 26.2% |
| Income Tax Expense | $25.4M -38.5% | $41.4M +71.4% | $24.1M -58.3% | $58.0M +508.2% | -$14.2M | $1.3B | -$1.6B | $745.2M |
| Net Income | $47.4M -24.9% | $63.0M +51.9% | $41.5M -34.9% | $63.8M -87.2% | $496.7M | $4.9B | $4.8B | $4.7B |
| Net Margin | 3.3% -1.2pp | 4.5% +1.5pp | 3.0% -1.5pp | 4.6% -30.5pp | 35.1% | 12.4% | 17.5% | 22.5% |
| EPS (Basic) | $1 -18.3% | $1 +59.6% | $1 -34.6% | $1 -87.4% | $11 | $400.8M | $703.2M | $1.3B |
| EPS (Diluted) | $1 -19.0% | $1 +59.6% | $1 -34.6% | $1 -86.8% | $10 | $766.2M | $609.4M | $452.6M |
| Weighted Avg Shares | $41.0M -7.8% | $44.5M -4.2% | $46.4M -1.2% | $47.0M +2.3% | $45.9M | $757.8M | $925.8M | $1.1B |
| Weighted Avg Shares (Diluted) | $41.1M -7.7% | $44.5M -4.2% | $46.5M -1.2% | $47.0M -1.7% | $47.9M | $1.2B | $924.4M | $678.0M |
Older periods hidden.
Sign in to unlockCompetitors
Peer companies in the same sector
Cimpress plc
NASDAQ:CMPR
$2.15B
Integral Ad Science Holding Corp.
IAS
$1.74B
Stagwell Inc.
NASDAQ:STGW
$1.64B
Opera Limited
NASDAQ:OPRA
$1.63B
Grupo Televisa, S.A.B.
NYSE:TV
$1.52B
AMC Entertainment Holdings, Inc.
NYSE:AMC
$1.43B
IDT Corporation
NYSE:IDT
$1.36B
Criteo S.A.
NASDAQ:CRTO
$896.86M
MNTN Inc.
NYSE:MNTN
$641.66M
fuboTV Inc.
NYSE:FUBO
$289.35M
SEC Filings
Recent regulatory filings
No filings found.
How much revenue does ZD generate?
Ziff Davis, Inc. (ZD) reported $1.45B of revenue in fiscal 2025.
Is ZD profitable?
Ziff Davis, Inc. (ZD) reported $47.35M of net income, with a net margin of 3.3%.
Explore More
Continue the stock analysis
Jump to another research area for this company.