Zedge, Inc (ZDGE) Income Statement
ZDGE FY2025 at a glance
Fiscal year ended July 31, 2025 · U.S. dollarsZDGE revenue and net income
Where ZDGE's revenue goes
FY2025Each bar shows an amount and its share of revenue. ZDGE kept −8.1% of revenue as net income.
ZDGE profit margins
ZDGE growth rates
to FY2025| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Revenue | −2.3% | +3.5% | +25.4% | +12.5% |
| Gross profit | −6.5% | +2.0% | +26.1% | +12.7% |
| Operating income | — | — | — | — |
| Net income | — | — | — | — |
| EPS (diluted) | −114.3% | — | — | — |
1-year change and average annual growth (CAGR) over 3, 5 and 10 fiscal years. "—" when a starting value was zero or negative.
ZDGE quarterly EPS vs estimates
Zedge beat the analyst EPS estimate in 3 of the last 8 quarters. Next report: October 26, 2026 (estimate $0.04).
ZDGE income statement
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $29.4M | $30.1M | $27.2M | $26.5M | $19.6M | $9.5M | $8.8M | $10.8M | $10.0M | $11.1M |
| Cost of revenue | $3.0M | $1.9M | $2.2M | $1.6M | $1.2M | $1.2M | $1.4M | $1.5M | $1.6M | $1.3M |
| Gross profit | $26.4M | $28.2M | $25.0M | $24.9M | $18.4M | $8.3M | $7.4M | $9.3M | $8.5M | $9.8M |
| Research & development | $827,000 | — | — | — | — | — | — | $39,000 | $36,000 | $281,000 |
| Sales, general & admin | $9.6M | $25.6M | $21.9M | $15.1M | $9.3M | $7.1M | $8.9M | $9.6M | $8.5M | $7.8M |
| Total operating expenses | $27.2M | $40.0M | $31.9M | $13.1M | $10.6M | $8.7M | $10.3M | $10.6M | $9.1M | $8.4M |
| Operating income | −$779,000 | −$11.8M | −$6.9M | $11.8M | $7.8M | −$251,000 | −$2.9M | −$1.3M | −$683,000 | $1.2M |
| Interest income | — | $626,000 | $311,000 | $49,000 | $245,000 | $11,000 | $199,000 | $29,000 | $19,000 | $47,000 |
| Interest expense | $199,000 | — | — | $49,000 | $241,000 | $293,000 | $199,000 | $97,000 | $21,000 | $658,000 |
| Income before taxes | −$2.7M | −$11.4M | −$6.6M | $11.6M | $8.0M | −$544,000 | −$3.3M | −$1.3M | −$627,000 | $1.1M |
| Income taxes | −$325,000 | −$2.2M | −$462,000 | $1.9M | −$202,000 | $15,000 | $16,000 | $230,000 | −$16,000 | $143,000 |
| Net income | −$2.4M | −$9.2M | −$6.1M | $9.7M | $8.2M | −$559,000 | −$3.3M | −$1.6M | −$611,000 | $983,000 |
| EBITDA | −$1.6M | $2.6M | −$3.3M | $9.8M | $9.1M | $1.2M | −$1.5M | −$378,000 | −$4,000 | $2.1M |
| EPS (diluted) | −$0.02 | $0.14 | −$0.31 | $0.26 | $0.58 | −$0.06 | −$0.33 | −$0.16 | −$0.05 | −$0.08 |
| Gross margin | 89.8% | 93.8% | 91.8% | 93.8% | 93.9% | 87.4% | 84.4% | 86.0% | 84.4% | 88.3% |
| Operating margin | −2.6% | −39.2% | −25.4% | 44.6% | 39.9% | −2.7% | −32.7% | −12.0% | −6.8% | 10.6% |
| Net margin | −8.1% | −30.5% | −22.4% | 36.6% | 42.1% | −5.9% | −37.9% | −14.4% | −6.1% | 8.8% |
| Apr '26 | Jan '26 | Oct '25 | Jul '25 | Apr '25 | Jan '25 | Oct '24 | Jul '24 | Apr '24 | Jan '24 | Oct '23 | Jul '23 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $8.0M | $8.3M | $7.6M | $7.5M | $7.8M | $7.0M | $7.2M | $7.6M | $7.7M | $7.8M | $7.1M | $6.6M |
| Cost of revenue | $683,000 | $748,000 | $771,000 | $706,000 | $452,000 | $447,000 | $461,000 | $460,000 | $1.0M | $1.2M | $486,000 | $480,000 |
| Gross profit | $7.3M | $7.5M | $6.8M | $6.8M | $7.3M | $6.5M | $6.7M | $7.1M | $6.6M | $6.6M | $6.6M | $6.2M |
| Research & development | — | $145,000 | — | $827,000 | — | $827,000 | — | — | — | — | — | $632,000 |
| Sales, general & admin | $6.2M | $6.7M | $2.2M | — | $6.3M | $7.1M | $6.8M | $6.9M | $6.8M | $6.5M | $5.5M | $5.1M |
| Total operating expenses | $6.2M | $6.7M | $5.9M | $6.9M | $7.1M | $8.8M | $7.2M | $7.2M | $6.8M | $6.5M | $6.3M | $5.9M |
| Operating income | $1.1M | $823,000 | $914,000 | −$147,000 | $160,000 | −$2.2M | −$457,000 | −$65,000 | −$132,000 | −$11.9M | $321,000 | $244,000 |
| Interest income | $135,000 | $124,000 | $153,000 | — | $154,000 | $171,000 | $181,000 | $192,000 | $188,000 | $165,000 | $81,000 | $115,000 |
| Interest expense | — | — | $56,000 | — | — | — | — | — | — | — | — | $13.6M |
| Income before taxes | $1.2M | −$2.9M | $1.0M | −$565,000 | $273,000 | −$2.1M | −$290,000 | $160,000 | −$24,000 | −$11.7M | $183,000 | $395,000 |
| Income taxes | $257,000 | −$617,000 | $233,000 | −$6,000 | $88,000 | −$455,000 | $49,000 | $199,000 | −$137,000 | −$2.5M | $198,000 | $240,000 |
| Net income | $926,000 | −$2.3M | $788,000 | −$559,000 | $185,000 | −$1.7M | −$339,000 | −$39,000 | $113,000 | −$9.2M | −$15,000 | $155,000 |
| EBITDA | $1.2M | −$2.7M | $1.2M | −$340,000 | $498,000 | −$594,000 | −$76,000 | $269,000 | $451,000 | $790,000 | $1.1M | $1.0M |
| EPS (diluted) | $0.07 | $0.06 | $0.07 | −$0.04 | $0.06 | −$0.01 | −$0.02 | $0.02 | $0.03 | $0.04 | $0.05 | −$0.43 |
| Gross margin | 91.5% | 90.9% | 89.9% | 90.5% | 94.2% | 93.6% | 93.6% | 93.9% | 86.4% | 84.3% | 93.1% | 92.8% |
| Operating margin | 13.4% | 10.0% | 12.0% | −2.0% | 2.1% | −31.8% | −6.4% | −0.9% | −1.7% | −153.5% | 4.5% | 3.7% |
| Net margin | 11.6% | −27.7% | 10.4% | −7.5% | 2.4% | −24.1% | −4.7% | −0.5% | 1.5% | −118.8% | −0.2% | 2.3% |
Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported in ZDGE's financial statements (latest annual report filed October 28, 2025); data from EODHD. Sales, general & administrative expenses include sales and marketing.
ZDGE financial results
In fiscal year 2025 (ended July 31, 2025), Zedge reported revenue of $29.4 million, down 2.3% from the year before. It had a net loss of $2.4 million, a net profit margin of −8.1%. Diluted earnings per share came to −$0.02. Over five years revenue grew at an average rate of 25.4% a year.
See the ZDGE stock overview for the latest quote and news, or the ZDGE chart for price history and technical indicators.
ZDGE income statement FAQ
What is Zedge's annual revenue?
Zedge reported total revenue of $29.4 million for fiscal year 2025, which ended on July 31, 2025. That was down 2.3% from $30.1 million the previous year.
Is Zedge profitable?
No. Zedge reported a net loss of $2.4 million in fiscal 2025, a net profit margin of −8.1%; its operating margin was −2.6%.
What is Zedge's gross margin?
Zedge's gross margin was 89.8% in fiscal 2025: for every $100 of revenue, Zedge kept $90 after the direct cost of its products and services.
How much does Zedge spend on research and development?
Zedge spent $0.8 million on research and development in fiscal 2025, 2.8% of revenue.
How fast is Zedge growing?
Revenue grew 25.4% a year on average over the last five fiscal years, from $9.5 million to $29.4 million.
What are Zedge's earnings per share?
Zedge earned $-0.02 per diluted share in fiscal 2025, compared with $0.14 a year earlier.
When will Zedge report its next earnings?
Zedge is expected to report results for the quarter ending July 31, 2026 on October 26, 2026 after the market closes.
When does Zedge's fiscal year end?
Zedge's fiscal year ends in July. The latest annual report covers the year ended July 31, 2025 and was filed on October 28, 2025.