Filing Flows › Zeta Global Holdings (ZETA) › Q4 2025
Zeta Global Holdings (ZETA) Q4 2025 earnings results (fourth quarter 2025)
10-K filed Feb 25, 2026
Zeta Global Holdings (ZETA) reported revenue of $395M for the fourth quarter 2025 (Q4 2025), +25% from a year earlier and +17% from the quarter before. Operating margin was 4.5%, net earnings $6.5M (1.7% of revenue).
Zeta Global Holdings, Q4 2025: revenue $395M (+25% year over year), operating margin 4.5%, net earnings $6.5M, operating cash flow $64.1M. The chart follows the revenue to costs, profit and cash.
| Q4 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $395M | +17% | +25% |
| Operating profit | $17.8M | +104% | +158% |
| Net earnings | $6.5M | — | -57% |
| Operating cash flow | $64.1M | +11% | +47% |
| Free cash flow | $55.8M | — | — |
What changed
Revenue was $394.6M in Q4 2025, up 25% year over year and up 17% from the previous quarter.
Operating profit was $17.8M, a 4.5% margin (up 2.3 points year over year). Of the extra revenue versus Q4 2024, 14% reached operating profit, above the 2% margin then. Total costs grew 22% against revenue growth of 25%. The fastest-growing cost line was Other operating costs (+64%). Net earnings were $6.5M, down 57% year over year. The tax line was a benefit of $5.3M on pre-tax earnings of $1.3M.
Operating cash flow was $64.1M (up 47% year over year), 981% of net earnings. Non-cash charges added back $19.8M of depreciation and amortization and $43.7M of share-based compensation. Working capital and other items used $5.9M. After website and software development costs ($5.0M) and capital expenditures ($3.3M) and effect of exchange rate changes on cash and cash equivalents ($49K), free cash flow as the company reports it was $55.8M.
Questions
What was Zeta Global Holdings' revenue in the fourth quarter 2025?
Zeta Global Holdings (ZETA) reported revenue of $395M for the fourth quarter 2025 (Q4 2025), +25% from a year earlier and +17% from the quarter before.
Was Zeta Global Holdings profitable in the fourth quarter 2025?
Operating profit was $17.8M (4.5% of revenue) and net earnings $6.5M.