Ziff Davis, Inc. (ZD) Earnings
Ziff Davis, Inc. is expected to report next earnings on August 5, 2026 (in NaN days), with a consensus EPS estimate of $0.83. ZD has beaten EPS estimates in 8 of its last 12 reported quarters (average surprise +1.7% over the last four).
| Report date | EPS est | EPS actual | Surprise | Revenue | Rev. surprise |
|---|---|---|---|---|---|
| May 8, 2026 | $0.72 | $0.73 | +1.4% | $268M | +1.3% |
| Nov 6, 2025 | $1.76 | $1.76 | +0.0% | $364M | -12.7% |
| Aug 6, 2025 | $1.22 | $1.24 | +1.6% | $352M | -4.2% |
| May 8, 2025 | $1.10 | $1.14 | +3.6% | $329M | +1.8% |
| Nov 8, 2024 | $1.51 | $1.64 | +8.6% | $354M | +1.9% |
| May 8, 2024 | $1.14 | $1.27 | +11.4% | $314M | +0.4% |
| Feb 21, 2024 | $2.32 | $2.33 | +0.4% | $390M | -2.0% |
| Aug 3, 2023 | $1.27 | $1.27 | +0.0% | $326M | +0.5% |
| Feb 15, 2023 | $2.43 | $2.26 | -7.0% | $397M | -1.1% |
| Feb 14, 2022 | $2.08 | $2.17 | +4.3% | $145M | -64.3% |
| Nov 3, 2021 | $2.21 | $2.34 | +5.9% | $355M | -14.4% |
| Aug 5, 2021 | $2.03 | $2.41 | +18.7% | $341M | — |
Source: company filings + earnings calendar. For informational purposes only — not investment advice.
Earnings call summary
Q1 FY2026 · May 8, 2026
AI summary of management’s prepared remarks and analyst Q&A. For informational purposes only — not investment advice.
Management highlights
• Ziff Davis has a history of acquiring and improving businesses, focusing on business transformation, free cash flow generation, etc. • Announced sale of connectivity business, but market undervalues rest of portfolio. • Discussed performance of each segment, e.g., tech and shopping traffic pressures but off-platform growth; gaming and entertainment strong quarter; health and wellness mixed results; cybersecurity and MarTech growth. • Mentioned use of AI in product development to accelerate innovation and delivery. • Talked about acquisitions like Popular Science, Dwell, Domino, and The Business of Home
Guidance
• Not providing annual guidance for fiscal 2026 as exploration of value creating opportunities is ongoing. • Expect Q2 2026 results from continuing operations to largely reflect Q1 2026, with revenues down at slightly higher year-over-year rate, adjusted EBITDA margins to decline similarly. • Goal is to return to total year-over-year growth in revenues from continuing operations in second half of 2026, with fourth quarter stronger than third, aiming to improve adjusted EBITDA margins
Segment performance
Tech and shopping: Revenue fell ~13%, offset by growth in off-platform monetization, licensing, and sponsored content; margins declined due to lower revenue. Gaming and entertainment: Revenues up over 7% driven by Humble Bundle and subscription/performance marketing; margins slightly lower. Health and wellness: Revenues up slightly; consumer pharma ad revenues strong, but HCP advertising on MedPage Today fell; margins lowered due to revenue mix shift. Pregnancy and parenting: Revenue fell due to traffic-related programmatic and affiliate commerce declines. Cybersecurity and MarTech: Revenues grew nearly 4% driven by cybersecurity business; margins down due to revenue mix shifts
Analyst Q&A
Q: Could you talk about the off-platform strategy and if asset monetization is a permanent shift?
A: Off-platform strategy involves leveraging social media, partnerships, etc. to replace organic web traffic; view asset monetization as a new ongoing tool in kit, will continue as long as public market value of EBITDA remains low.
Q: More color on MedPage bookings and strategic review process?
A: Tough Q1 for MedPage due to timing and new entrants; strategic review process leaves aperture open for all sorts of pursuits and transaction structures.
Q: View on social as a way to manage traffic and AI impact on operations?
A: Social is where consumers are, and monetization ecosystem has come together; AI is at center of product development, changing velocity of product features.
Q: Thinking change on internal use of AI and margin impact?
A: Thinking on AI has evolved with more powerful models; focused on margin, recognizing dynamics and working through them.
Q: Rationale behind acquisitions of Popular Science, Dwell, etc.?
A: Belief in value of brands, natural tuck in for existing groups and unlocking social value in home and lifestyle brands