Filing Flows › Ziff Davis (ZD) › Q2 2026
Ziff Davis (ZD) Q2 2026 earnings results (second quarter 2026)
10-Q filed Aug 7, 2026
Ziff Davis (ZD) reported revenue of $287M for the second quarter 2026 (Q2 2026), -3% from a year earlier and +7% from the quarter before. Operating margin was -15.6%, net earnings $624M (217.8% of revenue).
Ziff Davis, Q2 2026: revenue $287M (-3% year over year), operating margin -15.6%, net earnings $624M, operating cash flow $89.0M. The chart follows the revenue to costs, profit and cash.
| Q2 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $287M | +7% | -3% |
| Operating profit | −$44.7M | -1625% | -234% |
| Net earnings | $624M | 28× | 24× |
| Operating cash flow | $89.0M | +197% | +56% |
| Free cash flow | $54.0M | — | +100% |
What changed
Revenue was $286.7M in Q2 2026, down 3% year over year and up 7% from the previous quarter. Health & Wellness was the largest line at 33% of revenue. Health & Wellness lost $4.8M year over year (down 5%), 59% of the total change.
Operating costs exceeded revenue by $44.7M, an operating margin of -15.6%. Total costs grew 18% against a revenue fall of 3%. The fastest-growing cost line was Other operating costs (+102%). Net earnings were $624.5M, up 2271% year over year. The effective tax rate was 0.2%. Non-operating items added $670.1M, 107% of pre-tax earnings, so the bottom line overstates operating performance.
Operating cash flow was $89.0M (up 56% year over year), 14% of net earnings. Non-cash charges added back $46.9M of depreciation and amortization and $13.0M of share-based compensation. Working capital and other items used $595.4M. Capital expenditures of $35.0M left free cash flow of $54.0M.
Questions
What was Ziff Davis' revenue in the second quarter 2026?
Ziff Davis (ZD) reported revenue of $287M for the second quarter 2026 (Q2 2026), -3% from a year earlier and +7% from the quarter before.
Was Ziff Davis profitable in the second quarter 2026?
Operating loss was $44.7M (-15.6% of revenue) and net earnings $624M.
Source: Ziff Davis 10-Q on SEC EDGAR.