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Ziff Davis Inc logo

Ziff Davis Inc

ziffdavis.com

What Do They Do?

Provides health information, apps and professional resources to consumers and healthcare professionals. Also publishes technology, shopping, gaming and entertainment media and sells cybersecurity and marketing services to consumers and businesses.

How Do They Make Money?

Advertisers pay for display and video campaigns as ads are delivered and pay for leads; online merchants pay commissions when shoppers click through and buy. Subscribers pay over a contract term or based on use; software licenses are generally paid upfront when available, and hardware is paid for on delivery.

revenue
SegmentShareRevenue
Technology & Shopping
Usage-based

25%
Gaming & Entertainment
13%
Health & Wellness
Mix

28%
Connectivity
Mix

16%
Cybersecurity & Martech
Mix

19%
FY2022: 22%

Who Are Their Customers?

Advertisers contract directly or through agencies; businesses subscribe to connectivity and security services, while consumers buy subscriptions, health apps and digital products.

Do Revenues Turn Into Profits?

Yes. It kept 3 cents of every revenue dollar as net income in FY2025 and turned 20 cents into free cash flow.

Operating income, FY2025
13% of revenue
▲ +61% vs FY2024 ($113.6M, 8%)
Net income, FY2025
3% of revenue
▼ −25% vs FY2024 ($63M, 4%)
Free cash flow, FY2025
20% of revenue
▲ +1% vs FY2024 ($283.7M, 20%)

How Are They Changing?

Since the FY2025 annual report
Latest quarter: Q2 FY2026, the three months to Jun 30, 2026
Revenue
▼ −3%
vs $294.8M in Q2 FY2025
Net income
▲ +2271%
vs $26.3M in Q2 FY2025
Health & Wellness share of revenue vs 33.7% in Q2 FY2025
  • Aug 7, 2026 Completed sale of Connectivity division The division's results were classified as discontinued operations, and it was no longer a reportable segment.
  • May 8, 2026 Deferred fiscal 2026 guidance Deferred guidance while evaluating value-creating opportunities, including the Connectivity sale.

Flat. Revenue was $1.5B in FY2025, about the same as the $1.4B of FY2021.

Revenue over time
Technology & Shopping Gaming & Entertainment Health & Wellness Connectivity Cybersecurity & Martech Digital Media
$2B$1B$0

Who Do They Compete With?

Competes with IAC, Future, Red Ventures, Penske Media, Integrated Media, Internet Brands, RVO Health, TechTarget, Vox Media, Centerfield, Doximity, Fandom, Alphabet, Meta, Opensignal, Accenture, NetAlly, IBWave, Palo Alto Networks, and CrowdStrike

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