Filing Flows › Zeta Global Holdings (ZETA) › Q3 2025
Zeta Global Holdings (ZETA) Q3 2025 earnings results (third quarter 2025)
10-Q filed Nov 5, 2025
Zeta Global Holdings (ZETA) reported revenue of $337M for the third quarter 2025 (Q3 2025), +26% from a year earlier and +9% from the quarter before. Operating margin was 2.6%, net loss $3.6M (1.1% of revenue).
Zeta Global Holdings, Q3 2025: revenue $337M (+26% year over year), operating margin 2.6%, net loss $3.6M, operating cash flow $57.9M. The chart follows the revenue to costs, profit and cash.
| Q3 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $337M | +9% | +26% |
| Operating profit | $8.8M | — | — |
| Net earnings | −$3.6M | — | — |
| Operating cash flow | $57.9M | +38% | +68% |
| Free cash flow | $47.1M | — | — |
What changed
Revenue was $337.2M in Q3 2025, up 26% year over year and up 9% from the previous quarter.
Operating profit was $8.8M, a 2.6% margin (up 7.2 points year over year). Total costs grew 17% against revenue growth of 26%. The fastest-growing cost line was Other operating costs (+38%). The quarter ended with a net loss of $3.6M, narrower than the previous quarter's $12.8M loss. Net interest and other expense of $11.5M was the main reason.
Operating cash flow was $57.9M (up 68% year over year). Non-cash charges added back $17.2M of depreciation and amortization and $45.6M of share-based compensation. After capital expenditures ($5.5M) and website and software development costs ($5.2M) and effect of exchange rate changes on cash and cash equivalents ($161K), free cash flow as the company reports it was $47.1M.
Questions
What was Zeta Global Holdings' revenue in the third quarter 2025?
Zeta Global Holdings (ZETA) reported revenue of $337M for the third quarter 2025 (Q3 2025), +26% from a year earlier and +9% from the quarter before.
Was Zeta Global Holdings profitable in the third quarter 2025?
Operating profit was $8.8M (2.6% of revenue) and net loss $3.6M.