Ziff Davis (ZD) Operating Expenses (2009 - 2026)
Ziff Davis' Operating Expenses was $331.46 million in Q2 2026, up 17.9% from $281.03 million a year earlier and up 25.2% from the prior quarter.
Ziff Davis (ZD) Operating Expenses (2009 - 2026) Analysis & Trends
On a trailing twelve-month basis, Ziff Davis' Operating Expenses was $1.25 billion through Jun 30, 2026, down 0.4% year-over-year; for FY2025, it was $1.27 billion, down 1.5% from FY2024.
- Operating Expenses shows a five-year compound annual growth rate of 4.4% (FY2020 to FY2025).
- In earlier years, Operating Expenses was $1.29 billion in FY2024 (+4.6%), $1.23 billion in FY2023 (+3.3%), $1.19 billion in FY2022 (-4.6%) and $1.25 billion in FY2021 (+22.4%).
- Quarterly Operating Expenses has moved between $258.35 million (Q1 2025) and $465.57 million (Q4 2021) over five years.
- Compared with a year earlier, Operating Expenses was higher in four of the last eight quarters, with growth averaging 1.1%.
- The best year-over-year quarter for Operating Expenses over five years was Q4 2021 (growth of 23.3%); the worst was Q4 2022 (a decline of 34.9%).
- Per Business Quant data, ZD's Operating Expenses in the three quarters before Q2 2026 was $264.71 million (Q1 2026), $320.67 million (Q4 2025) and $335.28 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Warner Bros. Discovery | 77.62 Bn | 63.29 Bn | 4.10 Bn | 8.48 Bn |
| 2 | Fox | 27.00 Bn | 12.91 Bn | - | 2.38 Bn |
| 3 | Omnicom | 20.21 Bn | 2.90 Bn | 1.30 Bn | 5.64 Bn |
| 4 | News | 15.94 Bn | 8.14 Bn | - | 991.00 Mn |
| 5 | Paramount Skydance | 11.45 Bn | 9.37 Bn | - | - |
| 6 | New York Times | 10.22 Bn | 7.71 Bn | 394.61 Mn | 644.44 Mn |
| 7 | Pearson | 10.20 Bn | 7.34 Bn | - | - |
| 8 | Sirius Xm Holdings | 8.72 Bn | 8.30 Bn | 1.44 Bn | 1.69 Bn |
| 9 | 36Kr Holdings | 5.91 Bn | 5.85 Bn | - | - |
| 10 | Ziff Davis | 1.98 Bn | -1.22 Bn | 241.03 Mn | 331.46 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 331.46 Mn |
| Mar 31, 2026 | 264.71 Mn |
| Dec 31, 2025 | 320.67 Mn |
| Sep 30, 2025 | 335.28 Mn |
| Jun 30, 2025 | 281.03 Mn |
| Mar 31, 2025 | 258.35 Mn |
| Dec 31, 2024 | 334.30 Mn |
| Sep 30, 2024 | 382.88 Mn |
| Jun 30, 2024 | 292.23 Mn |
| Mar 31, 2024 | 278.62 Mn |
| Dec 31, 2023 | 309.17 Mn |
| Sep 30, 2023 | 354.30 Mn |
| Jun 30, 2023 | 287.12 Mn |
| Mar 31, 2023 | 280.83 Mn |
| Dec 31, 2022 | 303.24 Mn |
| Sep 30, 2022 | 312.84 Mn |
| Jun 30, 2022 | 291.47 Mn |
| Mar 31, 2022 | 284.51 Mn |
| Dec 31, 2021 | 465.57 Mn |
| Sep 30, 2021 | 260.44 Mn |
Ziff Davis Operating Expenses API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=operating-expenses&ticker=ZD&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-expenses", "ticker": "ZD", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=operating-expenses&ticker=ZD&period=max&api_key=YOUR_API_KEY");
const data = await res.json();