Ziff Davis (ZD) Operating Expenses (2009 - 2026)
Ziff Davis' (ZD) quarterly Operating Expenses came in at $331.5 million in Q2 2026, up 17.94% year-over-year from $281.0 million in Q2 2025, and up 25.22% quarter-over-quarter from $264.7 million in Q1 2026.
Analysis
Ziff Davis (ZD) Operating Expenses (2009 - 2026) Analysis & Trends
Ziff Davis has disclosed Operating Expenses across 18 years of filings, most recently posting $331.5 million for Q2 2026.
- In Q2 2026, Operating Expenses rose 17.94% year-over-year to $331.5 million; the TTM figure through Jun 2026 stood at $1.3 billion (changed 0.35% YoY), while the FY2025 annual figure was $1.3 billion, down 1.54% from the prior year.
- Operating Expenses came in at $331.5 million for Q2 2026 at Ziff Davis, up from $264.7 million in the prior quarter.
- In the past five years, Operating Expenses ranged from a high of $382.9 million in Q3 2024 to a low of $258.3 million in Q1 2025.
- Average Operating Expenses over 5 years is $305.7 million, with a median of $297.7 million recorded in 2022.
- The largest YoY upside for Operating Expenses was 20.12% in 2022 against a maximum downside of 34.87% in 2022.
- Over 5 years, Operating Expenses stood at $303.2 million in 2022, then rose by 1.95% to $309.2 million in 2023, then advanced by 8.13% to $334.3 million in 2024, then decreased by 4.08% to $320.7 million in 2025, then increased by 3.37% to $331.5 million in 2026.
- Per Business Quant data, the three most recent Operating Expenses figures were $331.5 million in Q2 2026, $264.7 million in Q1 2026, and $320.7 million in Q4 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | News | 18.43 Bn | 16.33 Bn | - | 991.00 Mn |
| 2 | New York Times | 10.84 Bn | 10.17 Bn | 394.61 Mn | 644.44 Mn |
| 3 | 36Kr Holdings | 6.01 Bn | 5.99 Bn | - | - |
| 4 | John Wiley & Sons | 2.46 Bn | 2.35 Bn | 285.49 Mn | 383.42 Mn |
| 5 | McGraw Hill | 2.34 Bn | 2.15 Bn | 439.20 Mn | 324.92 Mn |
| 6 | Ziff Davis | 2.01 Bn | 405.04 Mn | 241.03 Mn | 331.46 Mn |
| 7 | Usa Today | 922.25 Mn | 835.59 Mn | 208.25 Mn | 156.72 Mn |
| 8 | Daily Journal | 875.63 Mn | 438.54 Mn | 26.82 Mn | 21.71 Mn |
| 9 | Scholastic | 841.11 Mn | 706.21 Mn | 285.70 Mn | 424.70 Mn |
| 10 | Ennis | 539.73 Mn | 490.65 Mn | 31.08 Mn | 17.51 Mn |
Historic Data
Download Data
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 |