Ziff Davis (ZD) Q2 2026 Earnings
How Did ZD Stock React to Q2 2026 Earnings?
S&P 500 over the same 30 days: −1.40%.
Did ZD Beat Earnings? Q2 2026 Results
Yes. Ziff Davis reported Q2 2026 earnings of $1.03 a share on Aug 6, 2026, beating the $0.84 consensus estimate by 23.2%. Revenue was $286.7M against a $285.9M estimate.
Ziff Davis delivered a mixed but broadly resilient second quarter, beating analyst expectations on adjusted earnings even as reported revenue reflected the deliberate reshaping of its business. The company posted adjusted diluted EPS of $1.03, well ahead of the $0.83 consensus, on revenue of $286.74 million, a decline of 18.6% year over year that analysts had largely anticipated given the reclassification of its divested Connectivity segment as discontinued operations. The $1.22 billion sale of that business, which generated $1.18 billion in cash at closing, dominated the quarter's headline numbers, swinging total net income to $624.46 million once the $676.61 million gain was included, even as continuing operations produced a GAAP net loss of $52.20 million, partly due to a $54.84 million goodwill impairment in the Health and Wellness segment. The divestiture also left Ziff Davis with a dramatically strengthened balance sheet, with cash surging to $1.61 billion, supporting $121.50 million in share repurchases during the quarter, a buyback pace that helped lift adjusted EPS 13.2% despite a modest dip in adjusted net income.
- Adjusted diluted EPS increased 13.2% driven by share count reduction from repurchases
- Free cash flow from continuing and discontinued operations increased 100.3% year-over-year
- Advertising and performance marketing revenues declined 6.0% year-over-year
- Subscription and licensing revenues were roughly flat at approximately $98 million
- Health & Wellness segment recorded $54.8 million goodwill impairment
- Operating cash flow from continuing and discontinued operations increased 55.9%
“With the successful sale of our Connectivity business, our significant share repurchases, and our robust free cash flow, Ziff Davis is in a very strong financial position. We are focused on deploying capital strategically to maximize long-term shareholder returns.”
Ziff Davis CEO, on the earnings call
ZD YoY Financials
| Metric | Q2 2026 | Q2 2025 | Year over year |
|---|---|---|---|
| Revenue | $286.7M | $352.2M | −18.6% |
ZD Revenue by Segment
When Does Ziff Davis Report Next?
Figures from SEC filings and company reports. Not investment advice.