Zeta Global Holdings Corp. (ZETA) Income Statement
ZETA 2025 at a glance
Fiscal year ended December 31, 2025 · U.S. dollarsZETA revenue and net income
Where ZETA's revenue goes
2025Each bar shows an amount and its share of revenue. ZETA kept −2.4% of revenue as net income.
ZETA profit margins
ZETA growth rates
to 2025| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Revenue | +29.7% | +30.2% | +28.8% | — |
| Gross profit | +43.8% | +34.7% | +34.6% | — |
| Operating income | — | — | — | — |
| Net income | — | — | — | — |
| EPS (diluted) | +43.5% | −8.7% | — | — |
1-year change and average annual growth (CAGR) over 3, 5 and 10 fiscal years. "—" when a starting value was zero or negative.
ZETA quarterly EPS vs estimates
Zeta Global beat the analyst EPS estimate in 7 of the last 8 quarters. Next report: November 3, 2026 (estimate $0.08).
ZETA income statement
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|---|
| Revenue | $1.30B | $1.01B | $728.7M | $591.0M | $458.3M | $368.1M | $306.1M |
| Cost of revenue | $513.6M | $455.7M | $325.6M | $267.3M | $220.6M | $188.9M | $144.7M |
| Gross profit | $791.1M | $550.1M | $403.1M | $323.6M | $237.7M | $179.2M | $161.3M |
| Research & development | $117.2M | $90.7M | $73.9M | $69.5M | $64.5M | $31.8M | $28.7M |
| Sales, general & admin | $573.1M | $519.1M | $493.9M | $512.9M | $418.9M | $148.0M | $142.9M |
| Total operating expenses | $785.7M | $609.8M | $567.7M | $582.3M | $483.4M | $179.8M | $171.5M |
| Operating income | $5.4M | −$59.7M | −$164.6M | −$258.7M | −$245.7M | −$583,000 | −$10.2M |
| Interest expense | $371,000 | $7.1M | $10.9M | $7.3M | $7.0M | $16.3M | $15.5M |
| Income before taxes | −$33.1M | −$74.9M | −$186.4M | −$280.7M | −$250.2M | −$52.3M | −$37.5M |
| Income taxes | −$1.6M | −$5.2M | $1.0M | −$1.5M | −$598,000 | $919,000 | $1.0M |
| Net income | −$31.5M | −$69.8M | −$187.5M | −$279.2M | −$249.6M | −$53.2M | −$38.5M |
| EBITDA | $39.3M | −$11.7M | −$124.4M | −$221.5M | −$197.2M | $4.0M | $12.4M |
| EPS (diluted) | $0.89 | $0.62 | $0.35 | $1.17 | −$0.31 | −$0.86 | −$0.61 |
| Gross margin | 60.6% | 54.7% | 55.3% | 54.8% | 51.9% | 48.7% | 52.7% |
| Operating margin | 0.4% | −5.9% | −22.6% | −43.8% | −53.6% | −0.2% | −3.3% |
| Net margin | −2.4% | −6.9% | −25.7% | −47.3% | −54.4% | −14.5% | −12.6% |
| Jun '26 | Mar '26 | Dec '25 | Sep '25 | Jun '25 | Mar '25 | Dec '24 | Sep '24 | Jun '24 | Mar '24 | Dec '23 | Sep '23 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $442.8M | $396.3M | $394.6M | $337.2M | $308.4M | $264.4M | $314.7M | $268.3M | $227.8M | $194.9M | $210.3M | $189.0M |
| Cost of revenue | $181.0M | $186.0M | $107.6M | $133.2M | $117.0M | $103.5M | $142.8M | $118.2M | $104.0M | $90.6M | $98.1M | $86.7M |
| Gross profit | $261.8M | $210.3M | $287.0M | $203.9M | $191.5M | $160.9M | $171.9M | $150.1M | $123.8M | $104.3M | $112.2M | $102.3M |
| Research & development | $42.2M | $45.0M | $30.0M | $29.8M | $30.6M | $26.8M | $24.3M | $22.8M | $23.6M | $20.0M | $19.9M | $18.1M |
| Sales, general & admin | $180.0M | $175.8M | $153.4M | $141.7M | $148.6M | $129.4M | $137.1M | $135.0M | $126.8M | $120.2M | $124.1M | $121.4M |
| Total operating expenses | $244.8M | $220.8M | $278.8M | $188.7M | $196.6M | $173.9M | $161.4M | $157.8M | $150.4M | $140.2M | $144.1M | $139.4M |
| Operating income | $16.9M | −$10.4M | $8.2M | $15.2M | −$5.1M | −$13.0M | $10.6M | −$7.8M | −$26.6M | −$35.9M | −$31.9M | −$37.2M |
| Interest expense | $898,000 | $761,000 | $54,000 | $180,000 | $166,000 | $331,000 | $17,000 | $1.9M | $2.6M | $2.6M | $2.8M | $2.9M |
| Income before taxes | $7.8M | −$15.8M | $1.3M | −$2.8M | −$11.6M | −$20.0M | $9.0M | −$17.2M | −$27.6M | −$39.2M | −$35.3M | −$42.5M |
| Income taxes | −$373,000 | −$2.6M | −$5.3M | $840,000 | $1.2M | $1.6M | −$6.3M | $200,000 | $486,000 | $396,000 | −$60,000 | $590,000 |
| Net income | $8.2M | −$13.2M | $6.5M | −$3.6M | −$12.8M | −$21.6M | $15.2M | −$17.4M | −$28.1M | −$39.6M | −$35.3M | −$43.1M |
| EBITDA | $31.4M | $8.5M | $21.1M | $14.4M | $5.9M | −$1.9M | $25.8M | −$2.6M | −$12.1M | −$22.8M | −$19.0M | −$26.4M |
| EPS (diluted) | $0.06 | −$0.06 | $0.37 | $0.27 | $0.14 | $0.11 | $0.24 | $0.16 | $0.14 | $0.08 | $0.16 | $0.09 |
| Gross margin | 59.1% | 53.1% | 72.7% | 60.5% | 62.1% | 60.9% | 54.6% | 55.9% | 54.3% | 53.5% | 53.4% | 54.1% |
| Operating margin | 3.8% | −2.6% | 2.1% | 4.5% | −1.7% | −4.9% | 3.4% | −2.9% | −11.7% | −18.4% | −15.1% | −19.7% |
| Net margin | 1.8% | −3.3% | 1.7% | −1.1% | −4.2% | −8.2% | 4.8% | −6.5% | −12.3% | −20.3% | −16.8% | −22.8% |
Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported in ZETA's financial statements (latest annual report filed February 25, 2026); data from EODHD. Sales, general & administrative expenses include sales and marketing.
ZETA financial results
In fiscal year 2025 (ended December 31, 2025), Zeta Global reported revenue of $1.3 billion, up 29.7% from the year before. It had a net loss of $31.5 million, a net profit margin of −2.4%. Diluted earnings per share came to $0.89. Over five years revenue grew at an average rate of 28.8% a year.
See the ZETA stock overview for the latest quote and news, or the ZETA chart for price history and technical indicators.
ZETA income statement FAQ
What is Zeta Global's annual revenue?
Zeta Global reported total revenue of $1.3 billion for fiscal year 2025, which ended on December 31, 2025. That was up 29.7% from $1.0 billion the previous year.
Is Zeta Global profitable?
No. Zeta Global reported a net loss of $31.5 million in fiscal 2025, a net profit margin of −2.4%; its operating margin was 0.4%.
What is Zeta Global's gross margin?
Zeta Global's gross margin was 60.6% in fiscal 2025: for every $100 of revenue, Zeta Global kept $61 after the direct cost of its products and services.
How much does Zeta Global spend on research and development?
Zeta Global spent $117.2 million on research and development in fiscal 2025, 9.0% of revenue.
How fast is Zeta Global growing?
Revenue grew 28.8% a year on average over the last five fiscal years, from $368.1 million to $1.3 billion.
What are Zeta Global's earnings per share?
Zeta Global earned $0.89 per diluted share in fiscal 2025, compared with $0.62 a year earlier.
When will Zeta Global report its next earnings?
Zeta Global is expected to report results for the quarter ending September 30, 2026 on November 3, 2026 after the market closes.
When does Zeta Global's fiscal year end?
Zeta Global's fiscal year ends in December. The latest annual report covers the year ended December 31, 2025 and was filed on February 25, 2026.