Ziff Davis, Inc.
Cash Flow Statement
| Line Item | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Net Income | $624.5M | $22.3M | $370.0K | $-3.6M | $26.3M | $24.2M | $64.1M | $-48.6M |
| Depreciation & Amortization | $46.9M | $49.8M | $65.2M | $57.3M | $50.3M | $55.8M | $60.0M | $51.4M |
| Depreciation | — | — | — | — | — | — | — | — |
| Amortization | $25.8M | $23.6M | $32.9M | $31.3M | $29.8M | $27.7M | $34.9M | $28.5M |
| Stock-Based Compensation | $13.0M | $10.9M | $11.3M | $12.2M | $11.7M | $9.8M | $10.3M | $10.2M |
| Net Cash from Operating Activities | $89.0M | $30.0M | $191.1M | $138.3M | $57.1M | $20.6M | $158.2M | $106.0M |
| Investing Activities | ||||||||
| Capital Expenditures | $35.0M | $33.1M | $33.3M | $30.1M | $30.1M | $25.6M | $27.2M | $25.8M |
| Business Acquisitions | $8.0M | $0 | $254.0K | $16.7M | $11.1M | $39.2M | $6.0M | $154.8M |
| Net Cash from Investing Activities | $1.09B | $-33.2M | $-29.4M | $-44.8M | $-6.8M | $-64.8M | $-32.9M | $-181.4M |
| Financing Activities | ||||||||
| Dividends Paid | — | — | — | — | — | — | — | — |
| Stock Repurchases | $121.5M | $51.6M | $60.6M | $44.4M | $33.9M | $34.9M | $1.2M | $96.1M |
| Net Cash from Financing Activities | $-120.3M | $-53.5M | $-58.8M | $-44.6M | $-31.9M | $-35.0M | $2.1M | $-231.3M |
| Net Change in Cash | $1.06B | $-61.2M | $103.6M | $46.1M | $26.3M | $-74.9M | $119.8M | $-301.1M |
| Free Cash Flow | $54.0M | $-3.2M | $157.8M | $108.2M | $26.9M | $-5.0M | $131.1M | $80.1M |