Filing Flows › Communication Services › Ziff Davis (ZD)
Ziff Davis (ZD) earnings and revenue breakdown
Latest: Q3 2026 · 10-Q filed Nov 6, 2026 · Ziff Davis (ZD) Q3 2026 earnings results →
Q3 2026 Revenue down 6% year over year to $289M · 10¢ of every $1 of revenue lost · operating margin -11.6%
Ziff Davis made $289M in Q3 2026 (-6% Y/Y): Health & Wellness $92.5M, Technology & Shopping $82.0M, Cybersecurity & Martech $68.2M. Operating margin -11.6%, net loss $28.7M. See where every dollar goes — costs, profit and cash — as a Sankey from the 10-Q filed Nov 6, 2026.
Drawing the Sankey…
Open the interactive Sankey → click any line for what the company wrote about it, compare Y/Y and Q/Q, export as PNG or PDF
What changed this quarter
Revenue was $289.3M in Q3 2026, down 6% year over year and up 1% from the previous quarter. Health & Wellness was the largest line at 32% of revenue. Health & Wellness lost $9.8M year over year (down 10%), 57% of the total change.
Operating costs exceeded revenue by $33.6M, an operating margin of -11.6%. Total costs grew 9% against a revenue fall of 6%. The fastest-growing cost line was General & admin (+35%). The quarter ended with a net loss of $28.7M, after a profit of $624.5M the previous quarter.
Operating cash flow was −$77.1M. Non-cash charges added back $45.7M of depreciation and amortization and $12.8M of share-based compensation. Working capital and other items used $106.9M. Capital expenditures of $23.0M exceeded it, leaving free cash flow of −$100.1M.
Quarterly history
| Quarter | Form | Filed | Revenue | Y/Y | Op. margin | Net earnings | Op. cash flow |
|---|---|---|---|---|---|---|---|
| Q3 2026 | 10-Q | Nov 6, 2026 | $289M | -6% | -11.6% | −$28.7M | −$77.1M |
| Q2 2026 | 10-Q | Aug 7, 2026 | $287M | -3% | -15.6% | $624M | $89.0M |
| Q1 2026 | 10-Q | May 8, 2026 | $268M | -2% | 1.1% | $22.3M | $30.0M |
| Q4 2025 | 10-K | Feb 24, 2026 | $407M | -2% | 21.2% | $370K | $191M |
| Q3 2025 | 10-Q | Nov 7, 2025 | $364M | +3% | 7.8% | −$3.6M | $138M |
| Q2 2025 | 10-Q | Aug 7, 2025 | $352M | +10% | 9.5% | $26.3M | $57.1M |
| Q1 2025 | 10-Q | May 9, 2025 | $329M | +4% | 10.7% | $24.2M | $20.6M |
Charts
Interactive views
The same charts as the app — open one to draw it.
💵Where each $1 goesinteractive
Loading the interactive chart…
🌏Named in Asian annual reportsinteractive
Loading the interactive chart…
🔄Rotation against the market and its industry (RRG)interactive
Loading the interactive chart…
🔍Earnings qualityinteractive
Loading the interactive chart…
⚖️Fair value by methodinteractive
Loading the interactive chart…
🔭Outlook & guidanceinteractive
Loading the interactive chart…
📈Investments: gains and what it boughtinteractive
Loading the interactive chart…
🏭Its industry’s money flow (input-output)interactive
Loading the interactive chart…
About Ziff Davis
Ziff Davis, Inc., together with its subsidiaries (“Ziff Davis”, the “Company”, “our”, “us”, or “we”), is a vertically focused digital media and internet company whose portfolio includes leading brands in technology, shopping, gaming and entertainment, health and wellness, connectivity, cybersecurity, and martech. Our digital media businesses specialize in publishing and producing trusted editorial content and tools for users seeking information and advice relating to the technology, shopping, gaming and entertainment, and health and wellness markets, and offer services to consumers and businesses.
In its own words, from its 10-K, filed Feb 24, 2026.
Ziff Davis against its Telegraph & Other Message Communications peers
The largest companies of the same SEC industry, each at its latest quarter. Revenue growth: -6% against the peers' median -6%. Operating margin: -11.6% against the peers' median -12.8%.
| Company | Quarter | Revenue | Y/Y | Op. margin |
|---|---|---|---|---|
| ZD Ziff Davis | Q3 2026 | $289M | -6% | -11.6% |
| TTGT TechTarget | Q3 2026 | $119M | -2% | -12.8% |
| MYSE Myseum.AI | Q2 2026 | $37 | -53% | n/m |
Source: Ziff Davis 10-Q on SEC EDGAR · CIK 1084048 · Telegraph & Other Message Communications
Guidance and outlook
13F: who owns ZD and who is buying
More on ZD
History
Every quarter: Q3 2026 results · Q2 2026 results · Q1 2026 results · Q4 2025 results · Q3 2025 results · Q2 2025 results · Q1 2025 results