Flagship explainer

How ZIFF DAVIS, INC. makes its money

Start with a dollar of revenue and follow what the filing says remains.

revenueBranching filed flows with values and percentages directly labeled. Missing filing concepts are omitted rather than estimated.Revenue$1.5B · 100%Cost of revenue$207M · 14%Gross profit$1.2B · 86%Operating income$183M · 13%Income before tax$80.7M · 6%Income tax$25.4M · 2%Net income$47.4M · 3%As of 2025-12-31 · 1 SEC filing sourceBuy Like Buffett · buylikebuffett.com

Honest partial: the filing did not provide a normalized tag for Research and development, Selling, general and administrative; those components are omitted, not plugged.

Table alternative
Filed lineValue% of revenueSource
$1.5B100%
Cost of revenue$207M14%
$1.2B86%
$183M13%
Income before tax$80.7M6%
Income tax$25.4M2%
$47.4M3%
Source: · event Dec 31, 2025 · retrieved Jul 26, 2026 · annual-row source set
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