Ziff Davis, Inc. filed its quarterly report on Form 10-Q for the period ended September 30, 2026, with the SEC on November 6, 2026, disclosing a net loss from continuing operations and significant goodwill impairment charges alongside a large gain from discontinued operations.

Key Highlights

  • Total revenues for the three months ended September 30, 2026 were $289,326 thousand, down from $306,532 thousand in the same period of 2025, according to the filing.
  • Goodwill impairment for the nine months ended September 30, 2026 totaled $84,389 thousand, compared with $17,579 thousand in the same period of 2025.
  • Net loss from continuing operations for the nine months ended September 30, 2026 was $81,620 thousand, or $(2.27) per basic and diluted share.
  • Net income from discontinued operations for the nine months ended September 30, 2026 was $699,650 thousand, net of tax, contributing to total net income of $618,030 thousand for that period.
  • Cash and cash equivalents stood at $1,407,680 thousand as of September 30, 2026, up from $573,777 thousand at December 31, 2025.
  • Shares outstanding totaled 33,102,280 as of November 2, 2026, reduced from 38,376,859 at December 31, 2025.

Ziff Davis Reports Q3 2026 Results: Continuing Operations Loss, Discontinued Operations Gain

According to the filing, Ziff Davis, Inc. (NASDAQ:ZD) reported total revenues of $289,326 thousand for the three months ended September 30, 2026, a decline from $306,532 thousand in the corresponding quarter of 2025. For the nine months ended September 30, 2026, total revenues were $843,705 thousand, compared with $874,151 thousand in the prior-year period. The company reported an operating loss of $33,610 thousand for the third quarter of 2026, compared with operating income of $11,411 thousand in the same quarter of 2025.

The filing disclosed goodwill impairment charges of $29,550 thousand for the three months ended September 30, 2026, and $84,389 thousand for the nine-month period, versus $17,579 thousand in both comparable 2025 periods. Net loss from continuing operations was $28,692 thousand for the third quarter and $81,620 thousand for the nine months ended September 30, 2026. Net income from discontinued operations, net of tax, was $699,650 thousand for the nine-month period, which the filing attributes in part to a gain on sale of businesses of $860,597 thousand recognized in the cash flow statement.

As of September 30, 2026, total assets were $3,719,709 thousand and total liabilities were $1,590,570 thousand, resulting in total stockholders' equity of $2,129,139 thousand. The balance sheet reflected no assets or liabilities classified under discontinued operations as of September 30, 2026, compared with current and noncurrent discontinued operations amounts present at December 31, 2025. The filing noted a gain on sale of businesses of $860,597 thousand in the nine-month cash flow reconciliation, consistent with the completion of a divestiture referenced as the "Sale of Connectivity" in the comprehensive income statement.

What Was Disclosed

Ziff Davis filed its Form 10-Q for the quarter ended September 30, 2026, reporting a loss from continuing operations, elevated goodwill impairment, lower revenues year over year, and a large gain from discontinued operations that drove total nine-month net income to $618,030 thousand.