Ziff Davis, Inc. (ZD)

Ziff Davis, Inc., together with its subsidiaries, operates as a digital media and internet company in the United States and internationally. It offers online resources for laboratory-based product reviews, technology news, buying guides, and research papers under the PCMag and CNET brands; Mashable for publishing technology and culture content; Spiceworks provides digital content of IT products and services; RetailMeNot, a savings destination platform; VoucherCodes; Offers.com, a coupon and deals website; and event based properties, includes BlackFriday.com, TheBlackFriday.com, BestBlackFriday.com, and DealsofAmerica.com. It also offers gaming and entertainment platforms under the IGN Entertainment and Humble Bundle brands; and information on internet connectivity under the Speedtest, Ookla, Ekahau, Downdetector, and RootMetrics brands. The company also offers digital content and information services for health and wellness consumers under the Everyday Health, DailyOM, Lose It!, Castle Connolly, and Migraine Again brands; pregnancy and parenting content under the BabyCenter, Mom 2.0, Emma's Diary, Medpage Today, and What to Expect brands. In addition, it offers PRIME Education, a medical education program for healthcare professionals; and Health eCareers, a digital portal for healthcare professionals. Further, it provides endpoint and email security, security awareness training, secure backup and file sharing, and virtual private network solutions under the IPVanish, VIPRE, Livedrive, Inspired eLearning, and SugarSync brands; and email marketing and delivery solutions, search engine optimization tools, and voice and text communication services under the Campaigner, iContact, SMTP, Kickbox, Full Contact, MOZ Pro, MOZ Local, Stat Analytics, eVoice, and Line2 brands. The company was formerly known as j2 Global, Inc. and changed its name to Ziff Davis, Inc. in October 2021. The company was incorporated in 2014 and is headquartered in New York, New York.

Symbol
ZD
Exchange
Nasdaq
Sector
Communication Services
Industry
Advertising Agencies
Market cap
$2.03B
52 week range
22.45 - 60.48

Valuation

Share price
$56.75 (close of 2026-09-23)
P/E (TTM)
3.29x
Price to book
0.91x
Price to free cash flow
6.42x
Enterprise value
$1.30B
Book value per share
$64.00

Price performance

PeriodChange
1 day-1.25%
5 days-4.15%
1 month+1.19%
3 months+22.31%
6 months+30.94%
Year to date+61.45%
1 year+54.80%
3 years-14.80%
5 years-53.91%
10 years-1.99%
All time+587.05%

Profitability and growth

Return on equity
2.70%
Return on invested capital
7.83%
Return on assets
1.29%
Return on capital employed
7.07%
Gross margin
85.76%
Net margin
3.26%
EBITDA margin
28.37%
Revenue growth
3.54%
Net income growth
-24.89%
Free cash flow growth
1.48%

Cash flow and balance sheet

Free cash flow yield (TTM)
15.57%
Current ratio
2.16x
Net debt to EBITDA
-3.47x

Latest reported year

Period end
2025-12-31
Fiscal year
2025
Revenue
$1.45B
Cost of revenue
$206.60M
Gross profit
$1.24B
EBITDA
$411.78M
Net income
$47.35M
Earnings per share
$1.16
Research and development
$61.96M
Interest expense
$37.60M
Shares outstanding
40.98M

Income statement by year

Period endRevenueGross profitNet incomeEPS
2025-12-31$1.45B$1.24B$47.35M$1.16
2024-12-31$1.40B$1.20B$63.05M$1.42
2023-12-31$1.36B$1.18B$41.50M$0.89
2022-12-31$1.39B$1.21B$63.76M$1.36
2021-12-31$1.42B$1.23B$496.71M$10.81
2020-12-31$1.16B$980.43M$150.67M$3.24
2019-12-31$1.05B$863.13M$218.81M$4.52
2018-12-31$1.21B$1.01B$128.69M$2.30
2017-12-31$1.12B$945.52M$139.43M$2.51
2016-12-31$874.25M$727.15M$152.44M$2.74

Margins and returns by year

Period endGross marginNet marginReturn on equityReturn on capital
2025-12-3185.76%3.26%2.70%7.83%
2024-12-3185.71%4.50%3.48%3.33%
2023-12-3186.39%3.04%2.19%5.09%
2022-12-3186.73%4.58%3.37%6.47%
2021-12-3186.73%35.06%25.24%7.55%
2020-12-3184.60%13.00%12.44%3.68%
2019-12-3182.17%20.83%16.69%3.22%
2018-12-3183.35%10.66%12.42%10.85%
2017-12-3184.59%12.47%13.67%11.08%
2016-12-3183.17%17.44%16.67%13.18%

Cash and debt by year

Period endCashDebt
2025-12-31$607.01M$717.82M
2024-12-31$505.88M$864.28M
2023-12-31$764.72M$1.00B
2022-12-31$711.21M$999.05M
2021-12-31$924.04M$1.04B
2020-12-31$177.10M$1.18B
2019-12-31$575.62M$1.06B
2018-12-31$209.47M$1.01B
2017-12-31$350.94M$1.00B
2016-12-31$124.01M$601.75M

Free cash flow by year

Period endFree cash flowStock-based compensation
2025-12-31$287.87M$44.93M
2024-12-31$283.68M$40.91M
2023-12-31$211.23M$31.92M
2022-12-31$230.29M$26.60M
2021-12-31$402.80M$25.25M
2020-12-31$387.53M$24.01M
2019-12-31$341.95M$23.92M
2018-12-31$344.95M$28.09M
2017-12-31$224.82M$22.74M
2016-12-31$257.64M$13.65M

Dividend history

Most recent payment
2019-05-17
Payment dateDividend per share
2019-05-17$0.40
2019-02-22$0.39
2018-11-16$0.38
2018-08-17$0.37
2018-05-17$0.36
2018-02-21$0.35
2017-11-16$0.34
2017-08-10$0.33

Investor relations

Next earnings report

Next confirmed report
2026-11-05
Consensus EPS estimate
$0.90

Past earnings dates

ReportedFiscal periodEPS estimate
2026-08-06Jun/2026-
2026-05-07--
2026-02-23--
2025-11-06--
2025-08-06--
2025-05-08--
2025-02-24--
2024-11-07--

Filings and sources

Company website
ziffdavis.com
SEC filings
10-K, 10-Q and 8-K on EDGAR
Earnings calendar
All upcoming reports

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