← ZIFF DAVIS, INC.
| Annual Trend | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Total Revenue | $874.3m | $1.1b | $1.2b | $1.4b | $1.5b | $1.4b | $1.4b | $1.4b | $1.4b | $1.5b | |
| Cost of Revenue | $392.0m | $548.6m | $201.1m | $237.3m | $231.8m | $188.1m | $195.6m | $197.3m | $200.3m | $206.6m | |
| Gross Profit (derived) | $727.2m | $945.5m | $1.0b | $1.1b | $1.3b | $1.2b | $1.2b | $1.2b | $1.2b | $1.2b | |
| Operating Costs and Expenses | — | — | — | — | $1.0b | $1.2b | $1.2b | $1.2b | $1.3b | $1.3b | |
| Operating Expenses | $484.6m | $699.8m | $761.9m | $857.7m | $923.2m | $1.1b | — | — | — | — | |
| Operating Income (Loss) | $242.6m | $245.7m | $244.3m | $277.1m | $334.6m | $167.3m | $198.9m | $132.6m | $113.6m | $183.1m | |
| Additional Financial Items | |||||||||||
| Goodwill, Impairment Loss | — | — | — | — | — | $32.6m | $27.4m | $56.9m | $85.3m | $17.6m | |
| Amortization of Intangible Assets | $95.3m | $129.0m | $145.9m | $180.6m | $164.9m | $185.7m | $156.7m | $144.9m | $117.5m | $121.7m | |
| Debt and Equity Securities, Gain (Loss) | — | — | — | — | ($20.8m) | $281.5m | — | — | — | — | |
| Debt and Equity Securities, Unrealized Gain (Loss) | — | — | — | — | — | — | ($7.1m) | ($28.5m) | — | — | |
| Equity Securities, FV-NI, Realized Gain (Loss) | — | — | — | — | — | — | ($46.7m) | $357k | — | — | |
| Equity Securities without Readily Determinable Fair Value, Impairment Loss, Annual Amount | — | — | — | $4.2m | $19.6m | $16.7m | — | — | — | — | |
| Foreign Currency Transaction Gain (Loss), Realized | ($700k) | ($5.8m) | ($2.3m) | ($4.0m) | $28.5m | $2.0m | $8.2m | ($3.9m) | ($1.0m) | ($5.6m) | |
| Gain (Loss) on Investments | — | — | $73k | $4.2m | ($21.0m) | ($16.7m) | ($46.7m) | $357k | ($7.7m) | $5.0m | |
| Income (Loss) from Continuing Operations before Income Taxes, Domestic | $84.8m | $61.9m | $19.9m | $81.6m | $47.3m | $279.7m | $71.8m | $25.8m | $25.1m | $20.9m | |
| Income (Loss) from Continuing Operations, Per Basic Share | $1 | $2 | $2 | $1 | $0 | $9 | $1 | $1 | $1 | $1 | |
| Income (Loss) from Continuing Operations, Per Diluted Share | $1 | $2 | $2 | $1 | $0 | $8 | $1 | $1 | $1 | $1 | |
| Undistributed Earnings (Loss) Allocated to Participating Securities, Basic | $2.2m | $1.8m | $1.9m | $3.5m | $632k | $326k | — | — | — | — | |
| Income (Loss) from Continuing Operations, Net of Tax, Attributable to Parent | $211.4m | $200.0m | $177.6m | $199.6m | $230.4m | $401.4m | $65.5m | $41.5m | $63.0m | $47.4m | |
| Income (Loss) from Discontinued Operations, Net of Tax, Attributable to Parent | $211.4m | $200.0m | $177.6m | $199.6m | $230.4m | $95.3m | ($1.7m) | $0 | $0 | $80.7m | |
| Net Income (Loss) Attributable to Parent | $152.4m | $139.4m | $128.7m | $218.8m | $150.7m | $496.7m | $63.8m | $41.5m | $63.0m | $47.4m | |
| Net Income (Loss) Available to Common Stockholders, Basic | $152.4m | $139.4m | $128.7m | $218.8m | $150.7m | $496.7m | $63.8m | $41.5m | $63.0m | $47.4m | |
| Earnings Per Share, Basic | $3.15 | $2.89 | $2.64 | $4.52 | $3.24 | $10.81 | $1.36 | $0.89 | $1.42 | $1.16 | |
| Earnings Per Share, Diluted | $3.13 | $2.83 | $2.59 | $4.39 | $3.18 | $10.37 | $1.36 | $0.89 | $1.42 | $1.15 | |
| Weighted Average Number of Shares Outstanding, Basic | 47.7m | 47.6m | 48.0m | 47.6m | 46.3m | 45.9m | 47.0m | 46.4m | 44.5m | 41.0m | |
| Weighted Average Number of Shares Outstanding, Diluted | 48.0m | 48.7m | 48.9m | 49.0m | 47.1m | 47.9m | 47.0m | 46.5m | 44.5m | 41.1m | |
| Research and Development Expense | $38.0m | $46.0m | $48.4m | $54.4m | $64.3m | $78.9m | $74.1m | $68.9m | $67.4m | $62.0m | |
| General and Administrative Expense | $239.7m | $323.5m | $375.3m | $424.1m | $445.4m | $456.8m | $404.3m | $421.1m | $203.5m | $210.0m | |
| Other Nonoperating Income (Expense) | $10.2m | $22.0m | ($4.7m) | ($7.9m) | $31.6m | $1.3m | $8.4m | ($9.5m) | $5.0m | ($5.9m) | |
| Current Income Tax Expense (Benefit) | $72.8m | $82.0m | $19.7m | $44.1m | $62.6m | $7.2m | $70.9m | $54.2m | $60.2m | $21.5m | |
| Interest Expense | $42.7m | $59.2m | $63.5m | $70.2m | $133.8m | $79.6m | $37.1m | $41.6m | $35.3m | $37.6m | |
| Management Fee Expense | — | — | — | $3.0m | $3.0m | $3.0m | $1.5m | — | — | — | |
| Selling and Marketing Expense | $206.9m | $330.3m | $338.3m | $379.2m | $413.5m | $493.0m | $490.8m | $487.4m | $519.7m | $543.3m | |
| Income Tax Expense (Benefit) | $59.0m | $60.5m | $44.8m | ($19.4m) | $68.4m | ($14.2m) | $58.0m | $24.1m | $41.4m | $25.4m | |
| Interest Income (Expense), Net | ($41.4m) | ($67.8m) | ($62.0m) | ($69.5m) | ($132.0m) | ($72.0m) | ($33.8m) | ($20.0m) | — | — | |
| Interest Income (Expense), Nonoperating, Net | — | — | — | — | — | — | — | — | ($14.0m) | ($25.9m) |
Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.