Filing Flows › Ziff Davis (ZD) › Q1 2026
Ziff Davis (ZD) Q1 2026 earnings results (first quarter 2026)
10-Q filed May 8, 2026
Ziff Davis (ZD) reported revenue of $268M for the first quarter 2026 (Q1 2026), -2% from a year earlier and -34% from the quarter before. Operating margin was 1.1%, net earnings $22.3M (8.3% of revenue).
Ziff Davis, Q1 2026: revenue $268M (-2% year over year), operating margin 1.1%, net earnings $22.3M, operating cash flow $30.0M. The chart follows the revenue to costs, profit and cash.
| Q1 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $268M | -34% | -2% |
| Operating profit | $2.9M | -97% | -80% |
| Net earnings | $22.3M | 60× | -8% |
| Operating cash flow | $30.0M | -84% | +45% |
What changed
Revenue was $267.6M in Q1 2026, down 2% year over year and down 34% from the previous quarter.
Operating profit was $2.9M, a 1.1% margin (down 4.2 points year over year). Total costs grew 2% against a revenue fall of 2%. Net earnings were $22.3M, down 8% year over year. The effective tax rate was 10.6%. Non-operating items added $22.0M, 88% of pre-tax earnings, so the bottom line overstates operating performance.
Operating cash flow was $30.0M (up 45% year over year), 135% of net earnings. Non-cash charges added back $49.8M of depreciation and amortization and $10.9M of share-based compensation. Working capital and other items used $53.0M. Capital expenditures of $33.1M exceeded it, leaving free cash flow of −$3.2M.
Questions
What was Ziff Davis' revenue in the first quarter 2026?
Ziff Davis (ZD) reported revenue of $268M for the first quarter 2026 (Q1 2026), -2% from a year earlier and -34% from the quarter before.
Was Ziff Davis profitable in the first quarter 2026?
Operating profit was $2.9M (1.1% of revenue) and net earnings $22.3M.
Source: Ziff Davis 10-Q on SEC EDGAR.