---
schema_version: "secwatch.filing_event.v1"
accession: "0001084048-25-000037"
form_type: "8-K"
ticker: "ZD"
cik: "0001084048"
company_name: "ZIFF DAVIS, INC."
filed_at: "2025-05-09T23:59:59+00:00"
generated_at: "2026-05-22T01:17:33.969414+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Ziff Davis Q1 revenue up 4.5% to $328.6M; net income $24.2M, adjusted EPS $1.14, reaffirms FY2025 guidance

## Summary
- Revenue grew 4.5% YoY to $328.6M; Technology & Shopping up 17.9%, Cybersecurity & Martech down 10.8%.
- Net income increased 128.1% to $24.2M ($0.56 diluted EPS); adjusted net income decreased 16.3% to $48.9M ($1.14 adjusted diluted EPS).
- Adjusted EBITDA slightly decreased to $100.2M from $100.8M; margin 30.5% vs 32.0%.
- Free cash flow was -$5.0M vs $47.4M due to TDS Gift Cards working capital; operating cash flow $20.6M.
- Deployed $39.2M for acquisitions and $34.9M for share repurchases in Q1 2025; FY2025 guidance reaffirmed.

## SEC filing metadata
- accession: 0001084048-25-000037
- form_type: 8-K
- ticker: ZD
- cik: 0001084048
- company_name: ZIFF DAVIS, INC.
- filed_at: 2025-05-09T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1084048/000108404825000037/0001084048-25-000037-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1084048/000108404825000037/zd-20250508.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001084048-25-000037
- JSON: https://secwatch.observer/filing/0001084048-25-000037.json
- Plain text: https://secwatch.observer/filing/0001084048-25-000037.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.