← ZoomInfo Technologies Inc.
| Annual Trend | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|---|---|---|
| Net income | ($28.6m) | ($78.0m) | ($36.4m) | $94.9m | $63.2m | $107.3m | $29.1m | $124.2m | |
| Depreciation and amortization | $17.3m | $48.7m | $50.8m | $69.3m | $87.8m | $80.6m | $85.7m | $88.8m | |
| Amortization of debt discounts and issuance costs | $1.8m | $4.9m | $3.9m | $2.5m | $3.0m | $2.4m | $2.2m | $2.5m | |
| Amortization of deferred commissions costs | $1.5m | $9.2m | $25.1m | $41.7m | $65.9m | $75.3m | $67.6m | $90.2m | |
| Deferred income taxes | ($3.0m) | ($7.2m) | ($1.8m) | ($14.5m) | $123.3m | $276.7m | ($5.9m) | $61.4m | |
| Asset impairments and lease abandonment charges | $0 | $1.1m | $0 | $2.7m | $0 | $5.2m | $57.4m | $23.7m | |
| Loss on debt modification and extinguishment | $0 | $9.4m | $14.9m | $7.7m | $0 | $4.3m | $700k | $0 | |
| Gain on lease modification | — | — | — | — | $0 | $0 | ($1.7m) | $0 | |
| Equity-based compensation expense | $32.7m | $25.1m | $121.6m | $93.0m | $192.3m | $167.6m | $138.0m | $116.2m | |
| Tax receivable agreement remeasurement | $0 | $0 | ($15.7m) | ($39.5m) | ($65.6m) | ($160.7m) | $38.5m | ($6.9m) | |
| Provision for bad debt expense | $600k | $800k | $1.4m | $4.5m | $5.7m | $33.8m | $42.8m | $23.0m | |
| Accounts receivable, net | ($8.9m) | ($34.5m) | ($32.9m) | ($66.1m) | ($39.3m) | ($82.8m) | ($16.9m) | ($400k) | |
| Prepaid expenses and other current assets | $900k | ($2.4m) | ($5.9m) | ($9.8m) | ($8.0m) | ($8.0m) | ($4.4m) | ($2.0m) | |
| Deferred costs and other assets, net of current portion | ($3.3m) | ($27.8m) | ($40.0m) | ($53.4m) | ($81.9m) | ($78.2m) | ($35.5m) | ($86.5m) | |
| Accounts payable | ($300k) | $5.1m | ($200k) | $4.6m | $19.5m | ($1.8m) | ($17.7m) | $10.3m | |
| Accrued expenses and other liabilities | ($200k) | $18.2m | $21.9m | $32.5m | $2.8m | ($11.2m) | ($43.4m) | $21.1m | |
| Unearned revenue | $15.0m | $71.9m | $60.1m | $131.4m | $48.8m | $22.0m | $36.1m | ($200k) | |
| Purchases of property and equipment and other assets | ($4.6m) | ($13.6m) | ($16.8m) | ($23.6m) | ($28.9m) | ($26.5m) | ($64.9m) | ($76.1m) | |
| Right of use asset initial direct costs | — | — | — | — | $0 | $0 | ($3.4m) | ($500k) | |
| Cash paid for acquisitions, net of cash acquired | ($8.5m) | ($723.1m) | ($65.9m) | ($684.2m) | ($143.7m) | $0 | ($500k) | $0 | |
| Payments of deferred consideration | $0 | ($300k) | ($24.7m) | ($9.4m) | ($1.1m) | ($400k) | ($700k) | $0 | |
| Proceeds from Long-Term Lines of Credit | — | — | — | — | — | $0 | $0 | $100.0m | |
| Proceeds from exercise of stock options | — | $0 | $0 | $2.1m | $1.3m | $400k | $0 | $0 | |
| Tax receivable agreement payments | — | — | $0 | $0 | ($12.2m) | $0 | ($94.0m) | ($23.6m) | |
| Tax distributions | ($93.4m) | ($16.5m) | ($9.9m) | ($19.9m) | $0 | $0 | ($3.1m) | $0 | |
| Equity-based compensation included in capitalized software | — | — | — | $0 | $0 | $5.4m | $5.6m | $6.2m | |
| Property and equipment included in accounts payable and accrued expenses and other current liabilities | — | $0 | $0 | $1.2m | $900k | $1.8m | $5.0m | $14.2m | |
| Net cash provided by operating activities | $43.8m | $44.4m | $169.6m | $299.4m | $417.0m | $434.9m | $369.4m | $465.4m | |
| Purchases of investments | — | — | — | — | — | ($145.0m) | $0 | ($15.2m) | |
| Maturities of investments | — | $0 | $0 | $61.3m | $30.8m | $194.5m | $82.2m | $11.0m | |
| Proceeds from sales of investments | — | $0 | $0 | $70.5m | $0 | $1.4m | $0 | $0 | |
| Net cash (used in) provided by investing activities | ($13.1m) | ($736.7m) | ($113.3m) | ($695.8m) | ($281.1m) | $24.4m | $13.4m | ($80.8m) | |
| Payments of debt issuance and modification costs | ($100k) | ($16.7m) | ($1.0m) | ($11.6m) | ($400k) | ($3.8m) | ($2.1m) | ($100k) | |
| Repayment of debt | ($3.7m) | ($649.8m) | ($510.9m) | ($581.4m) | $0 | ($6.0m) | ($5.9m) | ($5.9m) | |
| Proceeds from issuance of common stock under the ESPP | — | — | $0 | $0 | $4.2m | $7.2m | $4.2m | $0 | |
| Repurchase of common stock | — | — | — | $0 | $0 | ($400.1m) | ($565.6m) | ($411.1m) | |
| Net cash used in financing activities | ($29.9m) | $725.8m | $172.2m | $439.5m | ($25.9m) | ($427.2m) | ($690.0m) | ($347.9m) | |
| Net increase (decrease) in cash, cash equivalents, and restricted cash | $800k | $33.5m | $228.5m | $43.1m | $110.0m | $32.1m | ($307.2m) | $36.7m | |
| Cash, cash equivalents, and restricted cash at beginning of period | $9.0m | $42.5m | $271.0m | $314.1m | $424.1m | $456.2m | $149.0m | $185.7m | |
| Cash and cash equivalents | — | $41.4m | $269.8m | $308.3m | $418.0m | $447.1m | $139.9m | $175.9m | |
| Restricted cash, current | — | $1.1m | $1.2m | $0 | $0 | $200k | $0 | $0 | |
| Restricted cash, non-current | — | $0 | $0 | $5.8m | $6.1m | $8.9m | $9.1m | $9.8m | |
| Interest paid in cash | $40.2m | $95.0m | $66.5m | $33.3m | $50.0m | $48.5m | $44.0m | $45.8m | |
| Taxes paid related to net share settlement of equity awards | $0 | $0 | ($400k) | ($10.4m) | ($17.4m) | ($24.5m) | ($22.8m) | ($7.2m) |
Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.