Filing Flows › Zeta Global Holdings (ZETA) › Q1 2025
Zeta Global Holdings (ZETA) Q1 2025 earnings results (first quarter 2025)
10-Q filed May 2, 2025
Zeta Global Holdings (ZETA) reported revenue of $264M for the first quarter 2025 (Q1 2025), +36% from a year earlier and -16% from the quarter before. Operating margin was -6.1%, net loss $21.6M (8.2% of revenue).
Zeta Global Holdings, Q1 2025: revenue $264M (+36% year over year), operating margin -6.1%, net loss $21.6M, operating cash flow $34.8M. The chart follows the revenue to costs, profit and cash.
| Q1 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $264M | -16% | +36% |
| Operating profit | −$16.1M | -333% | — |
| Net earnings | −$21.6M | -242% | — |
| Operating cash flow | $34.8M | -20% | +41% |
| Free cash flow | $28.2M | — | — |
What changed
Revenue was $264.4M in Q1 2025, up 36% year over year and down 16% from the previous quarter.
Operating costs exceeded revenue by $16.1M, an operating margin of -6.1%. Total costs grew 22% against revenue growth of 36%. The fastest-growing cost line was Other operating costs (+52%). The quarter ended with a net loss of $21.6M, after a profit of $15.2M the previous quarter.
Operating cash flow was $34.8M (up 41% year over year). Non-cash charges added back $17.7M of depreciation and amortization and $42.0M of share-based compensation. Working capital and other items used $3.3M. After website and software development costs, net ($3.9M) and capital expenditures ($2.7M), free cash flow as the company reports it was $28.2M.
Questions
What was Zeta Global Holdings' revenue in the first quarter 2025?
Zeta Global Holdings (ZETA) reported revenue of $264M for the first quarter 2025 (Q1 2025), +36% from a year earlier and -16% from the quarter before.
Was Zeta Global Holdings profitable in the first quarter 2025?
Operating loss was $16.1M (-6.1% of revenue) and net loss $21.6M.