Filing Flows › Zeta Global Holdings (ZETA) › Q1 2026 › vs Q1 2025
Zeta Global Holdings (ZETA) Q1 2026 vs Q1 2025 (year over year)
Zeta Global Holdings's revenue rose $132M (+50%) from $264M in Q1 2025 to $396M in Q1 2026.
Zeta Global Holdings, Q1 2026: revenue $396M (+50% year over year), operating margin -4.8%, net loss $13.2M, operating cash flow $49.7M. The chart draws each line against Q1 2025, the increases inside each band.
Margins
| Q1 2026 | Q1 2025 | Change | |
|---|---|---|---|
| Free cash flow margin | 10.5% | 10.7% | -0.1 pts |
Every line
| Line | Q1 2026 | Q1 2025 | Change | % |
|---|---|---|---|---|
| Revenue | $396M | $264M | $132M | +50% |
| Other income, net | $3.0M | −$3.8M | $6.9M | — |
| Income tax benefit | $2.6M | −$1.6M | $4.2M | — |
| Net loss | $13.2M | $21.6M | −$8.4M | -39% |
| Costs & expenses | $415M | $286M | $129M | +45% |
| Operating costs | $415M | $281M | $135M | +48% |
| Cost of revenue | $162M | $103M | $59.0M | +57% |
| Research & development | $45.0M | $26.8M | $18.2M | +68% |
| Sales & marketing | $102M | $75.4M | $27.0M | +36% |
| General & admin | $73.4M | $54.0M | $19.4M | +36% |
| Other operating costs | $31.9M | $20.8M | $11.1M | +53% |
| Operating cash sources | $76.6M | $59.7M | $16.9M | +28% |
| Depreciation & amortization | $23.5M | $17.7M | $5.8M | +33% |
| Share-based compensation | $53.0M | $42.0M | $11.0M | +26% |
| Net loss absorbed | $13.2M | $21.6M | −$8.4M | -39% |
| Working capital & other | $13.6M | $3.3M | $10.3M | +315% |
| Operating cash flow | $49.7M | $34.8M | $14.9M | +43% |
| Free cash flow (company-reported) | $41.7M | $28.2M | $13.5M | +48% |
| Website and software development costs, net | $5.0M | $3.9M | $1.2M | +30% |
| Capital expenditures | $3.0M | $2.7M | $276K | +10% |
Questions
How much did Zeta Global Holdings's revenue grow year over year in Q1 2026?
Zeta Global Holdings's revenue rose $132M (+50%) from $264M in Q1 2025 to $396M in Q1 2026.