Inferra AI / Company / ZD

Ziff Davis, Inc..

ZD · Communication Services

Last earnings Aug 7, 2026

Key results

Revenuequarter

9.8%

SECOND QUARTER 2025 RESULTS Q2 2025 quarterly revenues increased 9.8% to $352.2 million compared to $320.8 million for Q2 2024.

SEC original ↗Ziff Davis, Inc.. — Earnings release (8-K exhibit)EX-99Aug 7, 2025

Net incomequarter

$26.3 million

Net income (1) decreased to $26.3 million compared to $36.9 million for Q2 2024.

SEC original ↗Ziff Davis, Inc.. — Earnings release (8-K exhibit)EX-99Aug 7, 2025

Net income per diluted share (1 ) decreased to $0.62 in Q2 2025 compared to $0.77 for Q2 2024.

SEC original ↗Ziff Davis, Inc.. — Earnings release (8-K exhibit)EX-99Aug 7, 2025

Adjusted net incomequarter

$51.6 million

Adjusted net income (2) decreased to $51.6 million compared to $53.7 million for Q2 2024.

SEC original ↗Ziff Davis, Inc.. — Earnings release (8-K exhibit)EX-99Aug 7, 2025

Adjusted EPSquarter

5.1%

Adjusted net income per diluted share (1)(2) (or Adjusted diluted EPS ) for the quarter increased 5.1% to $1.24 compared to $1.18 for Q2 2024.

SEC original ↗Ziff Davis, Inc.. — Earnings release (8-K exhibit)EX-99Aug 7, 2025

Free cash flowquarter

$26.9 million

Free cash flow (2) was $26.9 million in Q2 2025 compared to $25.1 million in Q2 2024.

SEC original ↗Ziff Davis, Inc.. — Earnings release (8-K exhibit)EX-99Aug 7, 2025

The calculation is based on a ratio where the numerator is the adjusted income tax expense of $16,847 and the denominator is $68,479, which equals adjusted net income of $51,632 plus adjusted income tax expense.

SEC original ↗Ziff Davis, Inc.. — Earnings release (8-K exhibit)EX-99Aug 7, 2025

The calculation is based on a ratio where the numerator is the adjusted income tax expense of $16,299 and the denominator is $70,037, which equals adjusted net income of $53,739 plus adjusted income tax expense.

SEC original ↗Ziff Davis, Inc.. — Earnings release (8-K exhibit)EX-99Aug 7, 2025

AI analysis

Q2 2025 · reported Aug 7, 2025

Based on: Earnings release + Q2 2025 deck + parent 8-K + 10-Q — transcript not held

Free cash flow · Q2 2025

$26.9M

+7.2% +$2M vs year ago computed from stated figures

EX-99 · Aug 7, 2025

Net income · Q2 2025

$26.3M

-28.7% -$11M vs year ago computed from stated figures

EX-99 · Aug 7, 2025

Adjusted net income · Q2 2025

$51.6M

-3.9% vs year ago computed from stated figures

EX-99 · Aug 7, 2025

Headline figures

Metric	Q2 2025	Prior qtr	Year ago
Revenue	9.8%	—	—
Net income	$26.3 million	—	$36.9 million
Adjusted net income	$51.6 million	—	$53.7 million
Adjusted EPS	5.1%	—	—
Free cash flow	$26.9 million	—	$25.1 million

EX-99 · Aug 7, 2025

Guidance · company-stated

Direction: Reiterated

Revenue

“ZIFF DAVIS GUIDANCE The Company reaffirms its guidance for fiscal year 2025 as follows (in millions, except per share data) 2025 Range of Estimates Low High Revenues $ 1,442 $ 1,502 Adjusted EBITDA $ 505 $ 542 Adjusted diluted EPS (1) $ 6.64 $ 7.28 (1) It is anticipated that the Adjusted effective tax rate for 2025 will be between 23.25% and 25.25%.”

Company outlook — Reiterated

“htm EX-99.1 Document Exhibit 99.1 Ziff Davis Reports Second Quarter 2025 Financial Results and Reaffirms 2025 Guidance NEW YORK, NY -- August 6, 2025 -- Ziff Davis, Inc.”

Classified from the release's primary full-year outlook statement.

Next earningsNo verified date on fileNo date is estimated or imported

Cash flow & capex

Free cash flow$26.9M

Capital allocation

Ziff Davis deployed approximately $11.4 million for current and prior year acquisitions during the quarter and $33.9 million related to share repurchases in Q2 2025.

Interest expense is generated primarily from interest due on outstanding debt, partially offset by interest income generated from the interest earned on cash, cash equivalents, and investments (Gain) loss on debt extinguishment, net.

Company-stated claims

Aug 7, 2026

Historical · increased 100.3% · cash_flow

“Free cash flow from continuing and discontinued operations (3) increased 100.3% to $54.0 million compared to $26.9 million in Q2 2025.”

EX-99 · Aug 7, 2026

General educational research only — not investment advice.Every figure is as stated in the held documents; values marked “computed from stated figures” are arithmetic on those stated figures. Guidance shown is the company’s own stated guidance. No price targets, no recommendations, no consensus estimates.

Event summary

We are very pleased with our second quarter results, which exceeded expectations and marked our strongest quarterly revenue growth since 2021, said Vivek Shah, Chief Executive Officer of Ziff Davis

Based on: Earnings release + Q2 2025 deck + parent 8-K + 10-Q — transcript not held

Guidance & outlook

Direction: Reiterated

Revenue: “ZIFF DAVIS GUIDANCE The Company reaffirms its guidance for fiscal year 2025 as follows (in millions, except per share data) 2025 Range of Estimates Low High Revenues $ 1,442 $ 1,502 Adjusted EBITDA $ 505 $ 542 Adjusted diluted EPS (1) $ 6.64 $ 7.28 (1) It is anticipated that the Adjusted effective tax rate for 2025 will be between 23.25% and 25.25%.”

Company outlook — Reiterated (“Reaffirms”)
“htm EX-99.1 Document Exhibit 99.1 Ziff Davis Reports Second Quarter 2025 Financial Results and Reaffirms 2025 Guidance NEW YORK, NY -- August 6, 2025 -- Ziff Davis, Inc.”

Revenue — Reiterated (“reaffirms”)
“ZIFF DAVIS GUIDANCE The Company reaffirms its guidance for fiscal year 2025 as follows (in millions, except per share data) 2025 Range of Estimates Low High Revenues $ 1,442 $ 1,502 Adjusted EBITDA $ 505 $ 542 Adjusted diluted EPS (1) $ 6.64 $ 7.28 (1) It is anticipated that the Adjusted effective tax rate for 2025 will be between 23.25% and 25.25%.”

Classified from the release's primary full-year outlook statement.

Capital allocation

Ziff Davis deployed approximately $11.4 million for current and prior year acquisitions during the quarter and $33.9 million related to share repurchases in Q2 2025.

SEC original ↗Ziff Davis, Inc.. — Earnings release (8-K exhibit)EX-99Aug 7, 2025

This is a non-cash expense that relates to extinguishments of long-term debt obligations.

SEC original ↗Ziff Davis, Inc.. — Earnings release (8-K exhibit)EX-99Aug 7, 2025

This item includes realized gains and losses, unrealized gains and losses, and impairment charges on debt and equity investments.

SEC original ↗Ziff Davis, Inc.. — Earnings release (8-K exhibit)EX-99Aug 7, 2025

This includes adjustments to contingent consideration, lease terminations, retention bonuses, other acquisition-specific items, and other costs, such as severance, third-party debt modification 7 costs, litigation costs from discrete, complex, or unusual proceedings, and legal settlements.

SEC original ↗Ziff Davis, Inc.. — Earnings release (8-K exhibit)EX-99Aug 7, 2025

These net expenses do not represent core business operating results of the Company (Gain) loss on debt extinguishment, net.

SEC original ↗Ziff Davis, Inc.. — Earnings release (8-K exhibit)EX-99Aug 7, 2025

Strategy & priorities

Acquisitions The Company uses acquisitions as a strategy to grow its customer base by increasing its presence in new and existing markets, expand and diversify its service offerings, enhance its technology, and acquire skilled personnel.

SEC original ↗Ziff Davis, Inc.. — 10-Q Quarterly report10-QAug 7, 2026

The assets and liabilities of Connectivity were classified as discontinued operations for all periods presented in accordance with ASC 205-20, Discontinued Operations as the disposition constitutes a strategic shift that will have a major effect on the Company s operations and financial results.

SEC original ↗Ziff Davis, Inc.. — 10-Q Quarterly report10-QAug 7, 2026

As a basis for considering such assumptions, ASC 820 establishes a three-tier value hierarchy, which prioritizes the inputs used in the valuation methodologies in measuring fair value.

SEC original ↗Ziff Davis, Inc.. — 10-Q Quarterly report10-QAug 7, 2026

Risks & headwinds

These forward-looking statements are based on management s current expectations or beliefs and are subject to numerous assumptions, risks, and uncertainties that could cause actual results to differ materially from those described in the forward-looking statements.

SEC original ↗Ziff Davis, Inc.. — Earnings release (8-K exhibit)EX-99Aug 7, 2025

These factors and uncertainties include, among other items the Company s ability to grow advertising, licensing, and subscription revenues, profitability, and cash flows, particularly in light of an uncertain U.

SEC original ↗Ziff Davis, Inc.. — Earnings release (8-K exhibit)EX-99Aug 7, 2025

or international regulatory environments, including but not limited to the imposition or increase of taxes or regulatory-related fees the risks related to supply chain disruptions, increased tariffs and trade protection measures, inflationary conditions, and rising interest rates the risk of liability for legal and other claims and the numerous other factors set forth in Ziff Davis filings with the Securities and Exchange Commission ( SEC ).

SEC original ↗Ziff Davis, Inc.. — Earnings release (8-K exhibit)EX-99Aug 7, 2025

For a more detailed description of the risk factors and uncertainties affecting Ziff Davis, refer to our most recent Annual Report on Form 10-K and the other reports filed by Ziff Davis from time-to-time with the SEC, each of which is available at www.

SEC original ↗Ziff Davis, Inc.. — Earnings release (8-K exhibit)EX-99Aug 7, 2025

This includes adjustments to contingent consideration, lease terminations, retention bonuses, other acquisition-specific items, and other costs, such as severance, third-party debt modification costs, litigation costs from discrete, complex, or unusual proceedings, and legal settlements.

SEC original ↗Ziff Davis, Inc.. — Earnings release (8-K exhibit)EX-99Aug 7, 2025

Documents

Earnings deck slides

0 decks with slide view

Ziff Davis, Inc.. — Presentation / slide deck (8-K exhibit) — Slide view unavailable — this deck was filed as a web document, whose text has no page boundaries.

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