Zedge, Inc. (ZDGE) Financials
A multiple compares the market's price with a filed figure; it says what the market pays, not how the business is doing. The market capitalization is the vendor's as of Sep 12, 2026; every other figure is from the SEC filings on this page. Not financial advice.
Newest figures come from the 10-Q for Q3 FY2026, filed Jun 12, 2026. Each column of the statement tables below links to the filing it was taken from, and every filing is listed on the ZDGE SEC filings page.
Zedge, Inc. (ZDGE) reported $31.3M in revenue over the twelve months to Apr 30, 2026, up 6.1% from the prior twelve months. This page shows its income statement, balance sheet, cash flow statement, and key financial ratios. View 11 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).
Zedge's dominant mechanic is low-capex cash generation coexisting with negative earnings and cash-consuming shareholder distributions.
Cash conversion remains positive despite accounting losses: FY2025 operating cash flow exceeded net loss at$3.4M versus-$2.4M . Free cash flow nearly matched operating cash flow at$3.3M because capital expenditures were only$83K , indicating a business requiring little reported reinvestment to produce cash.
Revenue slipped
The balance sheet became less conservative: debt-to-equity climbed from 0.2x to 0.4x. Buybacks of
Financial Health Signals
Zedge, Inc. does not currently provide enough eligible data for a peer-relative financial health score, so none is published. The signals and metrics below are current.
Zedge, Inc. scores 2.90, placing it in the grey zone between 1.81 and 2.99. The score is driven primarily by a large market capitalization ($40.5M) relative to total liabilities ($9.8M). This signals moderate financial risk that warrants monitoring.
Distress-screening estimate for non-financial companies. Not computed for banks or insurers, where the Altman model does not apply.
Zedge, Inc. passes 4 of 7 computable financial strength tests (2 of the nine could not be computed from available data). 3 of 4 profitability signals pass, no leverage/liquidity signals pass (rising debt, declining liquidity, or share dilution), 1 of 2 efficiency signals pass.
Zedge, Inc. reported a net loss of $2.4M while generating $3.4M in operating cash flow. Operations generated cash despite the loss, but with no positive earnings behind it, the ratio between the two carries no quality signal.
Zedge, Inc. reported an operating loss of $3.2M against $666K in interest expense. There is no operating profit to cover interest, so interest must be met from cash reserves or from financing rather than from operations.
Key Financial Metrics
Earnings & Revenue
Zedge, Inc. generated $8.0M in revenue in Q3 2026. This represents an increase of 3.0% from the same quarter a year earlier. Against the prior quarter it is down 3.2%.
Zedge, Inc.'s EBITDA was $1.2M in Q3 2026, measuring earnings before interest, taxes, depreciation, and amortization. This represents an increase of 213.5% from the same quarter a year earlier. Against the prior quarter it is up 144.6%.
Zedge, Inc. reported $926K in net income in Q3 2026. This represents an increase of 400.5% from the same quarter a year earlier. Against the prior quarter it is up 140.5%.
Zedge, Inc. earned $0.07 per diluted share (EPS) in Q3 2026. This represents an increase of 600.0% from the same quarter a year earlier. Against the prior quarter it is up 138.9%.
Cash & Balance Sheet
Zedge, Inc. generated $1.2M in free cash flow in Q3 2026, representing cash available after capex. This represents an increase of 42.8% from the same quarter a year earlier. Against the prior quarter it is up 42.1%.
Zedge, Inc. held $19.7M in cash as of Q3 2026; long-term debt is not reported for that period.
Not reported for Q3 2026.
Margins & Returns
Zedge, Inc.'s operating margin was 13.4% in Q3 2026, reflecting core business profitability. This is up 11.4 percentage points from the same quarter a year earlier. Against the prior quarter it is up 48.5 percentage points.
Zedge, Inc.'s net profit margin was 11.6% in Q3 2026, showing the share of revenue converted to profit. This is up 9.2 percentage points from the same quarter a year earlier. Against the prior quarter it is up 39.3 percentage points.
Zedge, Inc.'s ROE was 3.8% in Q3 2026, measuring profit generated per dollar of shareholder equity. This is up 3.1 percentage points from the same quarter a year earlier. Against the prior quarter it is up 13.4 percentage points.
Not reported for Q3 2026.
Capital Allocation
Zedge, Inc. spent $253K on share buybacks in Q3 2026, returning capital to shareholders by reducing shares outstanding. This represents a decrease of 52.8% from the same quarter a year earlier. Against the prior quarter it is up 190.8%.
Zedge, Inc. invested $6K in capex in Q3 2026, funding long-term assets and infrastructure. This represents a decrease of 68.4% from the same quarter a year earlier. Against the prior quarter it is up 100.0%.
Not reported for Q3 2026.
ZDGE Income Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q3'2610-Q | Q2'2610-Q | Q1'2610-Q | Q4'2510-Q | Q3'2510-Q | Q2'2510-Q | Q1'2510-Q | Q4'2410-K |
|---|---|---|---|---|---|---|---|---|
| Revenue | $8.0M+3.0% | $8.3M+18.3% | $7.6M+5.8% | $7.5M-1.5% | $7.8M+1.3% | $7.0M-10.2% | $7.2M+1.6% | $7.6M-40.1% |
| SG&A Expenses | $6.2M-1.7% | $6.7M-6.2% | $5.9M-13.0% | $6.9M+0.8% | $6.3M-6.1% | $7.1M+9.2% | $6.8M+23.8% | $6.9M+33.2% |
| Operating Income | $1.1M+571.3% | -$2.9M-30.3% | $914K+300.0% | -$716K-1018.8% | $160K+221.2% | -$2.2M+81.4% | -$457K-242.4% | -$64K-126.2% |
| EBITDA | $1.2M+213.5% | -$2.7M-42.2% | $1.1M+1586.8% | -$939K+13.4% | $385K-14.6% | -$1.9M+83.0% | -$76K-106.9% | -$1.1M+16.8% |
| Interest Expense | $135K-12.3% | $124K-27.5% | $153K-15.5% | $160K-16.7% | $154K-18.1% | $171K+3.6% | $181K+123.5% | $192K+67.0% |
| Income Tax | $257K+192.0% | -$617K-35.6% | $233K+375.5% | -$7K-103.5% | $88K+164.2% | -$455K+81.5% | $49K-75.3% | $200K-16.7% |
| Net Income | $926K+400.5% | -$2.3M-36.3% | $788K+332.4% | -$559K-1333.3% | $185K+63.7% | -$1.7M+81.8% | -$339K-2160.0% | -$39K-125.2% |
| EPS (Basic) | $0.07+600.0% | -$0.18-50.0% | $0.06+400.0% | -$0.04 | $0.010.0% | -$0.12+81.8% | -$0.02 | $0.00-100.0% |
| EPS (Diluted) | $0.07+600.0% | -$0.18-50.0% | $0.06+400.0% | -$0.04 | $0.01 | -$0.12+81.8% | -$0.02 | $0.00-100.0% |
| Diluted Shares (Avg) | 13M-4.8% | 13M-6.7% | 13M-5.4% | N/A | 14M | 14M-1.3% | 14M+0.8% | N/A |
Not reported in any period shown, so not listed: Cost of Revenue, Gross Profit, R&D Expenses.
ZDGE Balance Sheet
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q3'2610-Q | Q2'2610-Q | Q1'2610-Q | Q4'2510-Q | Q3'2510-Q | Q2'2510-Q | Q1'2510-Q | Q4'2410-K |
|---|---|---|---|---|---|---|---|---|
| Total Assets | $34.3M-9.3% | $33.8M-8.8% | $36.0M-5.9% | $35.7M-6.7% | $37.8M-0.8% | $37.1M0.0% | $38.2M-19.0% | $38.2M-18.4% |
| Current Assets | $24.4M-1.2% | $23.9M-0.3% | $22.5M-7.1% | $22.4M-6.5% | $24.7M+4.5% | $24.0M+8.6% | $24.2M+7.1% | $24.0M+11.2% |
| Cash & Equivalents | $19.7M-3.6% | $19.1M-4.7% | $18.5M-8.4% | $18.6M-6.9% | $20.4M+2.5% | $20.1M+11.0% | $20.2M+7.7% | $20.0M+10.3% |
| Short-Term Investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Accounts Receivable | $3.9M+17.7% | $3.8M+25.9% | $3.3M+3.4% | $3.2M-7.1% | $3.3M-0.2% | $3.0M-11.1% | $3.2M+0.9% | $3.4M+18.1% |
| Long-Term Investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Goodwill | $2.1M+11.5% | $2.1M+17.6% | $2.0M+8.9% | $1.9M+5.9% | $1.9M+6.4% | $1.8M-7.5% | $1.8M+1.6% | $1.8M-7.0% |
| Total Liabilities | $9.7M+5.9% | $10.0M+12.0% | $10.1M+24.3% | $9.8M+33.6% | $9.2M+27.2% | $8.9M+38.5% | $8.1M-1.3% | $7.3M-8.4% |
| Current Liabilities | $7.6M+4.2% | $7.7M+8.0% | $7.8M+17.4% | $7.8M+24.2% | $7.3M+13.5% | $7.2M+22.7% | $6.7M+11.9% | $6.3M+8.5% |
| Non-Current Liabilities | $2.2M+12.4% | $2.2M+29.0% | $2.2M+56.9% | $2.0M+89.7% | $1.9M+135.6% | $1.7M+200.0% | $1.4M-36.5% | $1.0M-52.5% |
| Total Equity | $24.6M-14.2% | $23.9M-15.4% | $25.9M-14.0% | $25.9M-16.2% | $28.6M-7.4% | $28.2M-8.1% | $30.1M-22.8% | $30.9M-20.5% |
| Retained Earnings | -$16.1M-7.6% | -$17.0M-12.4% | -$14.7M-9.4% | -$15.5M-18.2% | -$14.9M-14.3% | -$15.1M-14.7% | -$13.5M-240.0% | -$13.1M-232.6% |
Not reported in any period shown, so not listed: Inventory, Long-Term Debt.
ZDGE Cash Flow Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q3'2610-Q | Q2'2610-Q | Q1'2610-Q | Q4'2510-Q | Q3'2510-Q | Q2'2510-Q | Q1'2510-Q | Q4'2410-K |
|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | $1.2M+40.3% | $858K+21.2% | $825K-29.5% | $674K-3.0% | $870K-62.9% | $708K-54.4% | $1.2M-7.1% | $695K+65.9% |
| Depreciation & Amortization | $133K-40.9% | $187K-41.0% | $216K-43.3% | -$223K+78.1% | $225K-61.4% | $317K-58.4% | $381K-50.8% | -$1.0M+34.1% |
| Stock-Based Compensation | $78K-76.1% | $275K-54.4% | $104K-72.6% | N/A | $326K-32.4% | $603K-11.7% | $379K-25.2% | N/A |
| Capital Expenditures | $6K-68.4% | $3K-84.2% | $17K+54.5% | $34K+183.3% | $19K+58.3% | $19K+1800.0% | $11K-50.0% | $12K+300.0% |
| Free Cash Flow | $1.2M+42.8% | $855K+24.1% | $808K-30.3% | $640K-6.3% | $851K-63.5% | $689K-55.6% | $1.2M-6.4% | $683K+64.2% |
| Investing Cash Flow | -$47K+58.0% | -$72K+33.9% | -$185K-17.8% | -$171K-3.0% | -$112K+50.9% | -$109K+69.3% | -$157K+64.7% | -$166K+43.3% |
| Financing Cash Flow | -$638K-19.0% | -$250K+63.8% | -$789K+1.9% | -$2.3M-386.7% | -$536K-252.6% | -$690K+65.5% | -$804K-7940.0% | -$481K-241.1% |
| Dividends Paid | $469K | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Share Buybacks | $253K-52.8% | $87K-87.4% | $789K-1.9% | $2.4M+399.6% | $536K+252.6% | $690K | $804K+6084.6% | $481K+238.7% |
ZDGE Financial Ratios
Margins and returns are percentages; the remaining ratios are unitless multiples. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q3'2610-Q | Q2'2610-Q | Q1'2610-Q | Q4'2510-Q | Q3'2510-Q | Q2'2510-Q | Q1'2510-Q | Q4'2410-K |
|---|---|---|---|---|---|---|---|---|
| Operating Margin | 13.4%+11.4pp | -35.0%-3.2pp | 12.0%+18.4pp | -9.6%-8.8pp | 2.1%+3.8pp | -31.8% | -6.3%-10.9pp | -0.8%-2.8pp |
| Net Margin | 11.6%+9.2pp | -27.7%-3.7pp | 10.3%+15.1pp | -7.5%-7.0pp | 2.4%+0.9pp | -24.1% | -4.7%-4.5pp | -0.5%-1.7pp |
| Return on Equity | 3.8%+3.1pp | -9.6%-3.6pp | 3.0%+4.2pp | -2.2%-2.0pp | 0.7%+0.3pp | -5.9%+24.1pp | -1.1%-1.1pp | -0.1%-0.5pp |
| Return on Assets | 2.7%+2.2pp | -6.8%-2.2pp | 2.2%+3.1pp | -1.6%-1.5pp | 0.5%+0.2pp | -4.5%+20.3pp | -0.9%-0.9pp | -0.1%-0.4pp |
| Current Ratio | 3.21-0.2x | 3.09-0.3x | 2.86-0.8x | 2.89-0.9x | 3.39-0.3x | 3.35-0.4x | 3.62-0.2x | 3.84+0.1x |
| Debt-to-Equity | 0.40+0.1x | 0.42+0.1x | 0.39+0.1x | 0.38+0.1x | 0.32+0.1x | 0.32+0.1x | 0.27+0.2x | 0.24+0.2x |
| Asset Turnover | 0.230.0x | 0.24+0.1x | 0.210.0x | 0.210.0x | 0.200.0x | 0.190.0x | 0.190.0x | 0.20-0.1x |
| FCF Margin | 15.2%+4.2pp | 10.4%+0.5pp | 10.6%-5.5pp | 8.6%-0.4pp | 11.0%-19.5pp | 9.9%-10.1pp | 16.1%-1.4pp | 9.0%+5.7pp |
Not reported in any period shown, so not listed: Gross Margin.
Similar Companies
Newest fiscal year on record for each company. The health score is the peer-relative Financial Health Score for that year; a dash means no score is published for it.
| Company | Fiscal year | Revenue | Net income | Net margin | Market cap | Health score |
|---|---|---|---|---|---|---|
| Zedge, Inc. ZDGE | FY2025 | $29.4M | -$2.4M | -8.1% | $40.5M | — |
| The Beachbody Company, Inc. BODI | FY2025 | $251.7M | -$2.9M | -1.1% | $38.1M | 31/100 |
| PodcastOne, Inc. PODC | FY2026 | $61.7M | -$2.6M | -4.3% | $74.1M | 38/100 |
| Scienjoy Holding Corporation SJ | FY2025 | $177.5M | -$84.0M | -47.3% | $29.7M | 44/100 |
| Giftify, Inc. GIFT | FY2025 | $83.2M | -$10.5M | -12.6% | $27.1M | 30/100 |
| comScore, Inc. SCOR | FY2025 | $357.5M | -$10.0M | -2.8% | $75.3M | 33/100 |
Where Zedge, Inc. Ranks
Frequently Asked Questions
What is Zedge, Inc.'s annual revenue?
Zedge, Inc. (ZDGE) reported $29.4M in total revenue for fiscal year 2025. This represents a -2.3% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.
How fast is Zedge, Inc.'s revenue growing?
Zedge, Inc. (ZDGE) revenue declined by 2.3% year-over-year, from $30.1M to $29.4M in fiscal year 2025.
Is Zedge, Inc. profitable?
No, Zedge, Inc. (ZDGE) reported a net income of -$2.4M in fiscal year 2025, with a net profit margin of -8.1%.
What is Zedge, Inc.'s EBITDA?
Zedge, Inc. (ZDGE) had EBITDA of -$2.5M in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization.
What is Zedge, Inc.'s operating margin?
Zedge, Inc. (ZDGE) had an operating margin of -11.0% in fiscal year 2025, reflecting the profitability of core business operations before interest and taxes.
What is Zedge, Inc.'s net profit margin?
Zedge, Inc. (ZDGE) had a net profit margin of -8.1% in fiscal year 2025, representing the share of revenue converted into profit after all expenses.
What is Zedge, Inc.'s return on equity (ROE)?
Zedge, Inc. (ZDGE) has a return on equity of -9.2% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.
What is Zedge, Inc.'s free cash flow?
Zedge, Inc. (ZDGE) generated $3.3M in free cash flow during fiscal year 2025. This represents a -42.5% change compared to the previous fiscal year. Free cash flow represents the cash a company generates after accounting for capital expenditures, and is widely used to assess financial flexibility and shareholder value.
What is Zedge, Inc.'s operating cash flow?
Zedge, Inc. (ZDGE) generated $3.4M in operating cash flow during fiscal year 2025, representing cash generated from core business activities.
What are Zedge, Inc.'s total assets?
Zedge, Inc. (ZDGE) had $35.7M in total assets as of fiscal year 2025, including both current and long-term assets.
What are Zedge, Inc.'s capital expenditures?
Zedge, Inc. (ZDGE) invested $83K in capital expenditures during fiscal year 2025, funding long-term assets and infrastructure.
What is Zedge, Inc.'s current ratio?
Zedge, Inc. (ZDGE) had a current ratio of 2.89 as of fiscal year 2025, which is generally considered healthy.
What is Zedge, Inc.'s debt-to-equity ratio?
Zedge, Inc. (ZDGE) had a debt-to-equity ratio of 0.38 as of fiscal year 2025, measuring the company's financial leverage by comparing total debt to shareholder equity.
What is Zedge, Inc.'s return on assets (ROA)?
Zedge, Inc. (ZDGE) had a return on assets of -6.7% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.
What is Zedge, Inc.'s P/E ratio?
Zedge, Inc. (ZDGE) has no price-to-earnings ratio at the moment: net loss, so no earnings multiple (trailing 12 months to April 30, 2026). The market capitalization is $40.5M as of Sep 12, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.
What is Zedge, Inc.'s price-to-sales ratio?
Zedge, Inc. (ZDGE) trades at 1.3x sales, its market capitalization divided by revenue of $31.3M revenue, trailing 12 months to April 30, 2026. The market capitalization is $40.5M as of Sep 12, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.
What is Zedge, Inc.'s Altman Z-Score?
Zedge, Inc. (ZDGE) has an Altman Z-Score of 2.90, placing it in the Grey Zone (moderate risk). The Z-Score combines five financial ratios (working capital, retained earnings, EBIT, market capitalization, and revenue relative to total assets) to predict the likelihood of bankruptcy. Scores above 2.99 indicate financial safety while scores below 1.81 suggest financial distress. Learn more in our complete guide to financial health indicators.
What is Zedge, Inc.'s Piotroski F-Score?
Zedge, Inc. (ZDGE) has a Piotroski F-Score of 4 out of 7 computable signals; 2 of the nine could not be computed from available data, so the full-scale strength rating is not shown. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7 to 9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.
Are Zedge, Inc.'s earnings high quality?
Zedge, Inc. (ZDGE) reported a net loss of $2.4M while generating $3.4M in operating cash flow. Operations generated cash despite the loss, but with no positive earnings behind it, the ratio between the two carries no quality signal. This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.
Can Zedge, Inc. cover its interest payments?
Zedge, Inc. (ZDGE) reported an operating loss of $3.2M against $666K in interest expense. There is no operating profit to cover interest, so interest must be met from cash reserves or from financing rather than from operations. This ratio divides operating income by interest expense. Ratios above 5x indicate strong debt-servicing ability, while ratios below 2x suggest the company may face difficulty meeting interest payments if earnings decline. Learn more in our complete guide to financial health indicators.