Ziff Davis Inc

Latest Results (09.10.2025):

Ziff Davis Inc. announced its unaudited financial results for the fourth quarter and full year ended December 31, 2024. The company experienced revenue growth, improved net income, and significant increases in free cash flow, marking a pivotal year of financial recovery and strategic realignment.

Fourth Quarter Revenue Increases

In Q4 2024, Ziff Davis Inc. reported a 5.9% increase in revenues, reaching $412.8 million compared to $389.9 million in Q4 2023. This growth was driven primarily by the Technology & Shopping segment, which saw revenues rise by 26.3% year-over-year.

Enhanced Profitability

Net income for Q4 2024 rose by 1.0% to $64.1 million, with net income per diluted share increasing to $1.43 from $1.29 in the same quarter last year. Additionally, Adjusted EBITDA grew by 2.5% to $171.8 million, reflecting improved operational performance.

Strong Cash Flow Generation

Ziff Davis Inc. significantly boosted its cash position in Q4 2024, with net cash provided by operating activities reaching $158.2 million, a 71.8% increase from Q4 2023. Free cash flow almost doubled to $131.1 million, underscoring the company's enhanced liquidity and financial stability.

Full Year 2024 Performance

For the full year 2024, Ziff Davis Inc. achieved a 2.8% increase in revenues to $1.40 billion. Net income surged by 51.9% to $63.0 million, and net income per diluted share rose to $1.42. The company also reported a 34.3% increase in free cash flow, totaling $283.7 million.

Strategic Segment Realignment

The company introduced a new segment reporting structure for 2024, aligning its operations into five key areas: Technology & Shopping, Gaming & Entertainment, Health & Wellness, Connectivity, and Cybersecurity & Martech. This realignment aims to provide investors with clearer insights into Ziff Davis Inc.'s diverse business operations.