Company Analysis

Ziff Davis, Inc. (ZD)

Nasdaq: ZD · Telegraph & Other Message Communications · New York, NY · filing with the SEC since 1999
Grade6.1
◀ Past 6.7● Present 6.8▶ Future 5.1

The grade of Ziff Davis, Inc.

Nine metrics read from its own filings, by tense
Headline grade
6.1/10
◀ Past6.725% of the headline
● Present6.835% of the headline
▶ Future5.140% of the headline

All three tenses have at least two readings, so the archetype blend applies as printed.

All nine metrics read as filed from the record.

◀ Past

What did they actually do?

6.7/1025% of the headline grade · 3 of 3 filed

Surviving crises

as filed
8.3/10

Has it survived what it has been through?

2 warning events since 2017; the latest 2023-03-14.

weight 22% of this tense · 83rd percentile among 3 sector filers · read for itself

From the record

Ziff Davis, Inc.'s filings since 2017 show 2 warning events of 2 kinds: an auditor change (8-K item 4.01, the latest 2023-03-14); a late-report notice (Form NT 10-K or NT 10-Q, the latest 2022-03-01) (its current reports).

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Track record

as filed
5.8/10

What has it actually done, year after year?

+1.4% a year over 4 filed years; profitable in 4 of 4.

weight 45% of this tense · 58th percentile among 3 sector filers · read for its customers

From the record

Ziff Davis, Inc.'s 4 filed years say what it did: revenue went from $1.4 billion in fiscal 2022 to $1.5 billion in fiscal 2025, up 1.4% a year; it rose in 2 of 3 years; the deepest fall was 2% from fiscal 2022 to fiscal 2023; net income was positive in 4 of 4 of those years (its annual reports).

What it rests on

  • revenue growth over the filed span1.4%top 50% of its family
  • the share of years revenue rosetop 50% of its family
  • the share of filed years with a profittop 17% of its family
  • the deepest fall from a revenue peak1.9%top 50% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Shareholder treatment

as filed
6.7/10

How has it treated the people who own it?

Share count shrank 4.4% a year. 42% of cash flow returned. Insiders: 10 sales, 0 purchases.

weight 33% of this tense · 67th percentile among 1 sector filers · read for its shareholders

From the record

Over the 3 fiscal years to 2025-12-31, Ziff Davis, Inc.'s diluted share count shrank about 4.4% a year, and dividends and buybacks returned about 42% of its operating cash flow over 3 years (its filed statements). Its officers and directors filed 10 sales and 0 purchases of their own stock on the open market in the year to 2026-09-30 (their Form 4 filings).

What it rests on

  • the share count over the yearstop 17% of its family
  • cash returned against operating cash flowtop 50% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

● Present

What are they doing right now?

6.8/1035% of the headline grade · 3 of 3 filed

Financial health

as filed
6.5/10

Is it financially healthy right now?

ROE 3%: 3¢ of profit per shareholder dollar. Leverage 52%: owes 52¢ per asset dollar.

weight 45% of this tense · 65th percentile among 3 sector filers · read for itself

From the record

Return on equity: in the fiscal year ended 2025-12-31, Ziff Davis, Inc. earned about 3 cents of profit for every dollar of shareholders' money, and gross profitability: its products earned about 34 cents per dollar of everything the company owns (revenue less the cost of revenue). Leverage: it owed about 52 cents per dollar of assets, and net share issuance: its share count shrank 7.7% over the year (the filed statements).

What it rests on

  • what it owes per dollar of assetsbottom 17% of its family
  • return on equitytop 17% of its family
  • gross profit against assetstop 25% of its family
  • the share count against the year beforetop 17% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Industry position

as filed
7.2/10

How strong is its position in its industry?

top 28% of 3 in its family; net margin 3.3%.

weight 33% of this tense · 72nd percentile among 3 sector filers · read for its customers

From the record

Ziff Davis, Inc.'s standing among 3 graded names in its industry family: revenue of $1.5 billion in fiscal 2025 ranks in the top 17% by size; a net margin of 3.3% ranks in the top 17%; revenue growth of 1.4% a year over the last 3 filed years ranks in the top 50% (its annual reports).

What it rests on

  • revenue against the family$1.45Btop 17% of its family
  • net margin3.3%top 17% of its family
  • three-year revenue growth1.4%top 50% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Leadership

as filed
6.7/10

What are the people in charge doing?

top 33% of 2 in its family for leadership; chief executive since 2018.

weight 22% of this tense · 67th percentile among 2 sector filers · read for its shareholders

From the record

Ziff Davis, Inc.'s leadership, from its insiders' filings and its current reports: the chief executive on the record is Shah, Vivek (Chief Executive Officer, as filed), filing under that title since 2018-01-02, 8.9 years (top 25% of its family); the 11 officers and directors filing in the last fifteen months have been on the record a median of 5.4 years (top 25%); 8 officer or director changes were reported on Form 8-K since 2023-11-13, against the 11 people in charge now (top 50%; fewer changes for each person reads higher) (the Form 4 record, its Form 8-K reports). Years count from a person's first filing in the SEC's data sets, which begin in 2006, so each is a floor.

What it rests on

  • officer and director changes on Form 8-K, against the people in charge8 in three years among 11 peopletop 50% of its family
  • the median years the people in charge have filed5.4 yearstop 25% of its family
  • the chief executive's years on the record8.9 yearstop 25% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

▶ Future

What are they set up to do next?

5.1/1040% of the headline grade · 3 of 3 filed

Room to expand

as filed
6.3/10

How much room does it have to grow?

top 37% of 3 in its family for room to expand.

weight 22% of this tense · 63rd percentile among 3 sector filers · read for itself

From the record

Ziff Davis, Inc.'s room to grow, from the newest filed statements (fiscal 2025): cash of $607 million against debt of $867 million leaves -7.1% of its assets as net cash, bottom 17% of its family; cash from operations less capital spending is 19.8% of revenue (top 17%); a gross margin of 85.8% (top 25%); research spending of 4.3% of revenue (top 25%) (its annual report).

What it rests on

  • cash less debt against assets-7.1%bottom 17% of its family
  • cash from operations less capital spending against revenue19.8%top 17% of its family
  • gross margin85.8%top 25% of its family
  • research spending against revenue4.3%top 25% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Growth drivers

as filed
5.4/10

What could actually drive growth from here?

top 46% of 3 in its family for growth drivers.

weight 45% of this tense · 54th percentile among 3 sector filers · read for its customers

From the record

Ziff Davis, Inc.'s growth drivers, from the filed years to fiscal 2025: revenue grew 1.4% a year over the last three filed years against 1.4% over all 4, speeding up (top 33% of its family); the newest year grew 3.5% (bottom 17%); research spending grew -5.8% a year (top 50%); capital spending grew 3.9% a year (top 17%) (its annual reports). Ziff Davis, Inc. reported 5 lines of business in fiscal 2025: Health and Wellness at $402 million, Technology and Shopping at $357 million, Cybersecurity and Martech at $278 million, and 2 more. 3 of 5 grew in the latest filed year, and the largest line is 28% of revenue (its annual report).

What it rests on

  • three-year growth against the whole span+0.0 points a yeartop 33% of its family
  • the newest year's revenue growth3.5%bottom 17% of its family
  • three-year growth of research spending-5.8%top 50% of its family
  • three-year growth of capital spending3.9%top 17% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Expectations vs reality

as filed
3.9/10

Did its newest year beat what its own record pointed to?

bottom 39% of 3 in its family for expectations against reality.

weight 33% of this tense · 39th percentile among 3 sector filers · read for its shareholders

From the record

Ziff Davis, Inc.'s newest year against its own record: revenue of $1.5 billion in fiscal 2025 came in 3.1% above the $1.4 billion its prior three years' pace pointed to (bottom 17% of its family); net income of $47 million against a prior three-year average of $56 million (top 50%); a net margin of 3.3% against 4% before (top 50%) (its annual reports).

What it rests on

  • revenue against the prior three years' pace3.1%bottom 17% of its family
  • net income against the prior three years' average-16%top 50% of its family
  • net margin against its prior average-0.8 pointstop 50% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

The grade is the company against its own industry, from its filings. It is not a view on the share price. How the grade is made

SI Assistanton ZD · research, not advice