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Ziff Davis (ZD) Q3 2026 earnings results (third quarter 2026)

10-Q filed Nov 6, 2026

Ziff Davis (ZD) reported revenue of $289M for the third quarter 2026 (Q3 2026), -6% from a year earlier and +0.9% from the quarter before. Operating margin was -11.6%, net loss $28.7M (9.9% of revenue).

Revenue$289M
Year over year-6%
Quarter over quarter+0.9%
Operating margin-11.6%
Net earnings−$28.7M

Ziff Davis, Q3 2026: revenue $289M (-6% year over year), operating margin -11.6%, net loss $28.7M, operating cash flow −$77.1M. The chart follows the revenue to costs, profit and cash.

Q3 2026AmountQ/QY/Y
Revenue$289M+0.9%-6%
Operating profit−$33.6M—-218%
Net earnings−$28.7M-105%—
Operating cash flow−$77.1M-187%-156%

What changed

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.

Questions

What was Ziff Davis' revenue in the third quarter 2026?

Ziff Davis (ZD) reported revenue of $289M for the third quarter 2026 (Q3 2026), -6% from a year earlier and +0.9% from the quarter before.

Was Ziff Davis profitable in the third quarter 2026?

Operating loss was $33.6M (-11.6% of revenue) and net loss $28.7M.

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Source: Ziff Davis 10-Q on SEC EDGAR.