Ziff Davis, Inc.

ZDNASDAQCommunication Services● Active

$45.81

$-2.14(-4.46%)

Market Cap$1.7B

P/E Ratio—

52W High$50.55

52W Low$22.45

Avg Volume729K

Open$48.24

Beta1.05

Free Cash Flow Financials Revenue

Ziff Davis, Inc. (ZD) Free Cash Flow & Analysis

Annual & trailing free cash flow, FCF margin, YoY change, valuation ratios, and peer context.

ZD · free cash flow · updated Jun 8, 2026

Core FCF metrics

ZD · FCF · TTM · margin & CAGR

Free cash flow was $287.9M for FY2025 (fiscal year ending 2025-12-31), up 1.5% year-over-year The FCF margin was 19.8%. Five-year CAGR stands at -5.6%.

FY2025 Free Cash Flow$287.9M▲ +1.5% YoY

Trailing 12M (TTM)$289.7Mtrailing 4 quarters sum

FCF Margin19.8%$287.9M ÷ revenue

3-Year CAGR+7.7%FY2022 → FY2025

5-Year CAGR-5.6%FY2020 → FY2025

FormulaFCF = Operating Cash Flow − Capital ExpendituresTTM = trailing 4 quarters sumCAGR → N/A if either endpoint ≤ 0

Source: FMP /cash-flow-statement · SEC 10-K / 10-Q · USDUpdated: Jun 8, 2026

Annual free cash flow history

FCF ($B, upper) · YoY Growth % (lower)

Positive FCFNegative FCF

Free Cash Flow

YoY Growth %

Annual free cash flow data

ZD · free cash flow history · annual / quarterly

Fiscal YearOperating CFCapExFree Cash FlowYoY ChangeFCF Margin

FY2025Latest$407.1M(119M)$287.9M▲ +1.5%19.8%

FY2024$390.3M(107M)$283.7M▲ +34.3%20.2%

FY2023$320.0M(109M)$211.2M▼ 8.3%15.5%

FY2022$336.4M(106M)$230.3M▼ 42.8%16.6%

FY2021$516.5M(114M)$402.8M▲ +4.8%28.4%

FCF = Operating Cash Flow − Capital Expenditures · CapEx shown as (negative) · Source: SEC filings via FMP

FCF valuation metrics

ZD · P/FCF · FCF yield · FCF per share

Ziff Davis, Inc. (ZD) trades at a FCF yield of 17.17% and a price-to-free-cash-flow ratio of 6.5x. FCF per share stands at $7.07, calculated using trailing twelve-month FCF divided by basic weighted-average shares outstanding.

FCF Yield (TTM)

17.17%

Free Cash Flow ÷ Market Cap

per FMP freeCashFlowYieldTTM definition

FCF per Share (TTM)

$7.07

TTM FCF ÷ Shares Outstanding

Price / FCF

x6.5

Share Price ÷ FCF per Share

EV / FCF (TTM)

x7.0

Enterprise Value basis

Source: FMP /key-metrics-ttm · /cash-flow-statement Q · /income-statementFY2025 · 2025-12-31

Cash flow statement summary

ZD · cash flow statement · operating / investing / financing

For FY2025, Ziff Davis, Inc. generated $407.1M in operating cash flow and spent 119M in capital expenditures, yielding $287.9M in free cash flow.

Operating Activities

+$407.1M

Cash from core business operations

2025-12-31

Investing Activities

−$145.8M

CapEx, acquisitions & investments

2025-12-31

Financing Activities

−$170.3M

Buybacks, dividends & debt

2025-12-31

FCF FormulaOperating CF ($407.1M) − |CapEx| (119M) = FCF ($287.9M)

For the complete Operating / Investing / Financing line-item breakdown:

View Full Cash Flow Statement →

Free cash flow vs peers (Communication Services)

ZD vs peers · FCF

#CompanyFree Cash FlowYoYFCF MarginRelative

Ziff Davis, Inc.YOU

$287.9M+1.5%19.8%

About Free Cash Flow & Methodology

Ziff Davis, Inc. (ZD) reported free cash flow of $287.9M for FY2025 (fiscal year ending 2025-12-31), up 1.5% year-over-year. The FCF margin was 19.8%.

Based on available data, Ziff Davis, Inc. has maintained positive free cash flow for at least 15 fiscal year(s). FCF peaked at $402.8M in FY2021. The 5-year CAGR stands at -5.6%.

Ziff Davis, Inc.'s FCF yield is 17.17% and price-to-FCF ratio is 6.5x for FY2025, based on the latest available data.

Data sourced from FMP /cash-flow-statement · SEC 10-K / 10-Q · USD.

Q&A and summaries align with SEC 10-K/10-Q cash flow disclosures and FMP /cash-flow-statement where noted.

Revenue Financial statements Net income Earnings Forecast Price history Market cap Cash on hand P/E ratio

Frequently asked questions

ZD free cash flow · 8 questions

Ziff Davis, Inc. free cash flow was $287.9M for FY2025, up 1.5% year-over-year. On a trailing twelve-month (TTM) basis, free cash flow stands at $289.7M.

ZD free cash flowZD FCFZD FCF 2025ZD free cash flow TTM

▸ Source: FMP /cash-flow-statement · US GAAP · Ziff Davis, Inc. · Ziff Davis, Inc. SEC 10-K & 10-Q filings · US GAAP · Last updated: Jun 8, 2026