IZEA (NASDAQ: IZEA) swings to 2025 profit as revenue declines but costs plunge
Filing Impact
Filing Sentiment
Form Type
8-K
Rhea-AI Filing Summary
IZEA Worldwide, Inc. reported a sharp profitability turnaround for 2025 despite lower sales. Full-year revenue was $31.2 million compared to $35.9 million in 2024, largely due to the 2024 divestiture of Hoozu and the exit of lower-margin customers.
Full-year net income was $42,326 versus a loss of $18.9 million, while Adjusted EBITDA improved from an $11.1 million loss to a $0.7 million gain, reflecting a leaner cost structure. In Q4 2025, revenue was $6.1 million and the net loss narrowed to $1.2 million from $4.6 million a year earlier.
Total costs and expenses in Q4 fell 46% to $7.7 million, driven by lower cost of revenue and reduced sales, marketing, and general and administrative spending. The company ended December 31, 2025 with $50.9 million in cash and cash equivalents, no long-term debt, and had repurchased 561,950 shares for $1.4 million under its buyback program.
Positive
- Profitable year after large loss: Full-year 2025 net income was $42,326 versus a $18.9 million loss in 2024, and Adjusted EBITDA improved from an $11.1 million loss to a $0.7 million gain, showing a substantial profitability turnaround.
- Strong balance sheet: Cash and cash equivalents totaled $50.9 million as of December 31, 2025 with no outstanding long-term debt, providing financial flexibility alongside an authorized $10.0 million share repurchase program.
Negative
- Revenue and bookings contraction: 2025 revenue fell 13% to $31.2 million, while Q4 2025 revenue from ongoing operations declined 39% year-over-year and Managed Services bookings dropped 18.7%, indicating demand pressure during the strategic shift.
- Ongoing quarterly losses: Despite the full-year profit, Q4 2025 still produced a net loss of $1.2 million on $6.1 million of revenue, showing the business has not yet reached consistently profitable quarterly performance.
Insights
IZEA delivers a major profit swing driven by aggressive cost cuts, but revenue remains under pressure.
IZEA posted a dramatic improvement in profitability for 2025, moving from a net loss of
Top-line trends are weaker. Full-year revenue declined
Balance sheet strength is a key support: cash and equivalents were
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
______________________________________________________________________________
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
_________________________________________________________________________________
Date of Report (Date of earliest event reported): March 17, 2026
(Exact Name of Registrant as Specified in Charter)
(State or other jurisdiction of incorporation) | (Commission File Number) | (I.R.S. Employer Identification No.) | ||||||||||||
(Address of principal executive offices) | (Zip Code) | |||||||
Registrant's telephone number, including area code: (407 ) 674-6911
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
Securities registered pursuant to Section 12(b) of the Act:
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The | ||||||||||||||
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
Emerging growth company ☐
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐
Item 2.02. Results of Operations and Financial Condition.
On March 17, 2026 , IZEA Worldwide, Inc. (the “Company”) issued a press release disclosing the financial results for its fourth quarter ended December 31, 2025. A copy of the press release is being furnished as Exhibit 99.1 to this Current Report on Form 8-K and is incorporated into this Item by reference.
The information in Item 2.02 of this Current Report on Form 8-K and Exhibit 99.1 attached hereto is intended to be furnished and shall not be deemed "filed" for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), or otherwise subject to the liabilities of that section. This information shall not be deemed incorporated by reference into any filing under the Securities Act of 1933, as amended, or the Exchange Act, except as expressly set forth by specific reference therein.
Item 9.01. Financial Statements and Exhibits
(d) Exhibits.
Exhibit No. | Description | ||||
99.1 | Press release issued by IZEA Worldwide, Inc. on March 17, 2026. | ||||
SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
IZEA WORLDWIDE, INC. | ||||||||
Date: | By:/s/ Patrick Venetucci Patrick Venetucci Chief Executive Officer | |||||||
IZEA Achieves Record $18.9M Profitability Swing, Breaking Even on $31.2M of Revenue
Enterprise-first strategy and optimized cost structure results in profit turnaround
with $50.9M in cash to fuel M&A and technology innovation
ORLANDO, Fla. (March 17, 2026) - IZEA Worldwide, Inc. (NASDAQ: IZEA), a leading influencer marketing company that makes Creator Economy solutions for marketers, reported its financial and operational results for the fourth quarter ended December 31, 2025.
FY 2025 Financial Summary Compared to FY 2024
•Revenue was $31.2 million, compared to $35.9 million; $3.4 million of the annual decline is Hoozu, which was divested in late 2024
•Revenue from core-enterprise accounts, which represent the majority of total revenue, grew above market growth rates in 2025
•Net income was $42,326 compared to a loss of $18.9 million, which included $6.9 million in one-time charges
•Adjusted EBITDA* was $0.7 million, compared to a loss of $11.1 million
Q4 2025 Financial Summary Compared to Q4 2024
•Revenue from ongoing operations was $6.1 million, compared to $9.8 million (excluding Hoozu)
•Managed Services bookings declined 18.7% to $9.0 million from $11.0 million in the prior year period (excluding Hoozu), reflecting our shift toward larger, recurring enterprise accounts. Approximately half of the decline reflects non-core customer activity exited in 2025.
•Total costs and expenses decreased 46% to $7.7 million, compared to $14.2 million
•Net loss totaled $1.2 million, compared to a net loss of $4.6 million
•Adjusted EBITDA* for the quarter was $(0.9) million, improving $1.1 million year-over-year
•Cash and equivalents as of December 31, 2025 totaled $50.9 million, compared to $51.1 million over the prior year, reflecting positive cash from operations
Q4 2025 Highlights
•Secured new business partnerships with major brands, including Netflix Games, Afeela, Lidl, and Emmi Roth
•Produced new work for Stellantis, Danone, Warner Brothers, Coursera, and many more clients
•Recruited Lindsey Gamble, Vice President, Creator Strategy and Innovation, to bolster culture-first innovation and scale enterprise success in the Creator Economy
* Adjusted EBITDA and revenue from on-going operations are non-GAAP financial measures. Refer to the definition and reconciliation of these measures under “Use of Key Metrics and Non-GAAP Financial Measures."
Management Commentary
“2025 was a transformative year as we successfully reset our economic model through portfolio high-grading and disciplined cost optimization,” said Patrick Venetucci, CEO. “Achieving an $18.9 million net profit swing is a historic milestone for this company and a notable feat among micro-cap turnarounds. By reaching profitability and outperforming the market in enterprise account growth, we have built a high-performance foundation. We enter 2026 with a leaner structure, a stronger leadership team, significant client opportunities, and a technology platform primed for scale. With more than $50 million in cash and no debt, we are uniquely positioned to pursue both organic growth and transformational M&A.”
Q4 2025 Financial Results
Total revenue for the fourth quarter of 2025 was $6.1 million. Excluding approximately $1.1 million from Hoozu, revenue declined $3.8 million, or 39%, compared to the prior-year period. Revenue comparisons were also affected by the Company’s strategic repositioning during 2025, including the exit of certain customer relationships that historically generated lower margins and higher selling costs, as the Company shifted its focus toward larger enterprise accounts.
Cost of revenue for the fourth quarter of 2025 was $3.3 million, a decrease of $3.6 million, or 52%, compared to the prior-year period. The decrease was primarily driven by lower overall revenue, the absence of costs associated with Hoozu, which was divested in December 2024. Cost trends were also influenced by changes in customer mix resulting from the Company’s strategic repositioning, including the exit of certain lower-margin customer relationships. As a result, the Company’s remaining core enterprise business generated an improved margin profile compared to the prior-year period.
Costs and expenses, excluding the cost of revenue, totaled $4.4 million for the fourth quarter of 2025, a decrease of $2.9 million, or 40%, from the fourth quarter of 2024. Sales and marketing costs were $1.1 million during the fourth quarter of 2025, a 62% decrease from $3.0 million in the prior-year quarter, largely due to our targeted workforce reduction in the fourth quarter of 2024, a temporary pause in advertising spending, and lower general contractor fees. General and administrative costs totaled $3.1 million during the quarter, $0.7 million, or 18%, lower than in the prior-year quarter, primarily due to a reduction in employee-related expenses following our targeted workforce reduction, reduced use of external contractors, and decreased spending on professional services and software licensing.
Net loss in the fourth quarter of 2025 was $1.2 million, or $(0.07) per share, as compared to a net loss of $4.6 million, or $(0.27) per share in the fourth quarter of 2024, based on 17.1 million and 17.0 million average shares outstanding, respectively. Shares outstanding for our earnings per share calculation increased in the current period for dilutive share grants not included in periods of loss.
Adjusted EBITDA (as defined below, a non-GAAP measure management used as a proxy for operating cash flow) totaled $(0.9) million in the fourth quarter of 2025, compared with $2.0 million loss in the comparative period.
As of December 31, 2025, our cash and cash equivalents totaled $50.9 million. The company has no outstanding long-term debt.
We previously announced our commitment to repurchase up to $10.0 million of our stock in the open market, subject to certain restrictions. Through December 31, 2025, we have purchased a total of 561,950 shares, investing $1.4 million under the repurchase program. No share purchases were made in the current quarter.
Conference Call
IZEA will hold a conference call to discuss its fourth quarter 2025 results on Tuesday, March 17, 2026, at 5:00 p.m. ET. IZEA's CEO Patrick Venetucci and CFO Peter Biere will host the call, followed by a question and answer period.
Date: Tuesday, March 17, 2026
Time: 5:00 p.m. ET
Webcast link: https://viavid.webcasts.com/starthere.jsp?ei=1752772&tp_key=96c6c7b58d
Toll-free dial-in number: 1-877-407-4018
International dial-in number: 1-201-689-8471
Please call the conference telephone number five (5) minutes before the start time. An operator will register your name and organization. A call replay will be made available approximately 3 hours after the conference ends until Tuesday, March 24, 2026, at 11:59 p.m. ET.
Toll-free replay number: 1-844-512-2921
International replay number: 1-412-317-6671
Replay ID: 13758773
About IZEA Worldwide, Inc.
IZEA Worldwide, Inc. (“IZEA”), is an influencer marketing company with a mission to make creator economy solutions for marketers. We do this by lighting up the Creator Economy with IZEAs—our strategies, campaigns, and solutions that build brands and drive demand. Since launching the industry’s first-ever influencer marketing platform in 2006, IZEA has facilitated nearly 4 million collaborations between brands and creators.
Use of Key Metrics and Non-GAAP Financial Measures
Managed Services Bookings is a key metric representing total sales orders received during a period, net of cancellations and refunds. Contracts vary by customer and scope, ranging from custom content projects to integrated marketing campaigns, and generally extend from several months up to a year. Managed Services Bookings provide a useful measure of overall demand but are not necessarily predictive of quarterly revenue, as the timing of revenue recognition varies with contract size, complexity, and customer arrangements. Certain customers enter into annual spend commitments that establish a defined budget for services to be performed throughout the year, while others engage the Company for specific campaigns or deliverables. These differing contract structures may influence the timing and distribution of bookings and related revenue. The Company uses this metric to evaluate customer and market trends, to plan operational staffing, and to inform product development initiatives.
"Adjusted EBITDA" is a non-GAAP financial measure under the Securities and Exchange Commission rules. EBITDA is
commonly defined as "earnings before interest income and expense, taxes, depreciation, and amortization." IZEA defines “Adjusted EBITDA” as earnings or loss before interest expense, interest income, taxes, depreciation and amortization, non-cash stock-based compensation, gain or loss on asset disposals or impairment, and certain other unusual or non-cash income and expense items such as gains or losses on settlement of liabilities and exchanges, and changes in the fair value of derivatives, if applicable. We believe that Adjusted EBITDA provides useful information to investors as it primarily excludes non-cash and non-operating transactions, and it provides consistency to facilitate period-to-period comparisons.
Revenue from on-going operations and associated costs of revenue and other costs and expenses from on-going operations excludes revenue from and costs attributable to Hoozu in the prior year period. Hoozu was divested by the Company in December 2024. We believe this is useful to investors to facilitate period to period comparisons.
All companies do not calculate bookings and Adjusted EBITDA in the same manner. These metrics and financial measures, as presented by IZEA, may not be comparable to those presented by other companies. Moreover, these metrics and financial measures have limitations as analytical tools. You should not consider them in isolation or as a substitute for an analysis of our results of operations or, with respect to non-GAAP financial measures, as reported under GAAP. A reconciliation of Adjusted EBITDA and revenue and costs from on-going operations to the most directly comparable GAAP measures are presented in the financial tables included in this press release.
Safe Harbor Statement
All statements in this release that are not based on historical fact are “forward-looking statements” intended to qualify for the safe harbor from liability established by the Private Securities Litigation Reform Act of 1995. Forward-looking statements, which are based on certain assumptions and describe our future plans, strategies, and expectations, can generally be identified by the use of forward-looking terms such as “may,” “will,” “would,” “could,” “should,” “expect,” “anticipate,” “hope,” “estimate,” “optimistic,” “believe,” “intend,” “ought to,” "likely," "projects," “plans,” "pursue," "strategy" or "future," or the negative of these words or other words or expressions of similar meaning. Examples of forward-looking statements include, among others, statements we make regarding expectations concerning product development and platform launches, future financial performance and operating results, including regarding recognition of bookings as revenues, the share repurchase authorization and any use of such authorization, growth, or maintenance of customer relationships, and expectations concerning IZEA’s business strategy. Forward-looking statements involve inherent risks and uncertainties which could cause actual results to differ materially from those in the forward-looking statements as a result of various factors, including, among others, the following: competitive conditions in the content and social sponsorship segment in which IZEA operates; failure to popularize one or more of the marketplace platforms of IZEA; our ability to maintain disclosure controls and procedures and internal control over financial reporting; our ability to satisfy the requirements for continued listing of our common stock on the Nasdaq Capital Market; changing economic conditions that are less favorable than expected; and other risks and uncertainties described in IZEA’s periodic reports filed with the Securities and Exchange Commission. The forward-looking statements made in this release speak only as of the date of this release, and IZEA assumes no obligation to update any such forward-looking statements to reflect actual results or changes in expectations, except as otherwise required by law.
Press Contact
John Francis
IZEA Worldwide, Inc.
Phone: 407-674-6911
Email: ir@izea.com
IZEA Worldwide, Inc.
Consolidated Balance Sheets
| December 31, 2025 | December 31, 2024 | ||||||||||
| Assets | |||||||||||
| Current assets: | |||||||||||
| Cash and cash equivalents | $ | 50,886,850 | $ | 44,644,468 | |||||||
| Accounts receivable, net | 3,398,479 | 7,781,824 | |||||||||
| Prepaid expenses | 830,509 | 1,079,045 | |||||||||
| Short term investments | — | 6,427,488 | |||||||||
| Other current assets | 9,002 | 97,215 | |||||||||
| Total current assets | 55,124,840 | 60,030,040 | |||||||||
| Property and equipment, net of accumulated depreciation | 17,131 | 103,574 | |||||||||
| Software development costs, net of accumulated amortization | 2,335,745 | 2,086,660 | |||||||||
| Total assets | $ | 57,477,716 | $ | 62,220,274 | |||||||
| Liabilities and Stockholders’ Equity | |||||||||||
| Current liabilities: | |||||||||||
| Accounts payable | 779,434 | 1,511,747 | |||||||||
| Accrued expenses | 3,050,995 | 3,734,123 | |||||||||
| Contract liabilities | 4,729,767 | 8,188,651 | |||||||||
| Total current liabilities | 8,560,196 | 13,434,521 | |||||||||
| Finance obligation, less current portion | — | 4,034 | |||||||||
| Total liabilities | 8,560,196 | 13,438,555 | |||||||||
| Commitments and Contingencies | — | — | |||||||||
| Stockholders’ equity: | |||||||||||
| Preferred stock; $.0001 par value; 10,000,000 shares authorized; no shares issued and outstanding | — | — | |||||||||
Common stock; $0.0001 par value; $50,000,000 shares authorized; shares issued: $18,150,878 and $17,518,018, respectively, shares outstanding: $17,261,755 and $16,931,169, respectively. | 1,815 | 1,752 | |||||||||
Treasury stock at cost: 889,123 and 586,849 shares at December 31, 2025 and December 31, 2024, respectively | (2,344,698) | (1,622,065) | |||||||||
| Additional paid-in capital | 155,568,812 | 154,593,800 | |||||||||
| Accumulated deficit | (104,254,729) | (104,297,055) | |||||||||
| Accumulated other comprehensive income (loss) | (53,680) | 105,287 | |||||||||
| Total stockholders’ equity | 48,917,520 | 48,781,719 | |||||||||
| Total liabilities and stockholders’ equity | $ | 57,477,716 | $ | 62,220,274 | |||||||
IZEA Worldwide, Inc.
Consolidated Statements of Operations
| Three Months Ended December 31, | Twelve Months Ended December 31, | ||||||||||||||||||||||
| 2025 | 2024 | 2025 | 2024 | ||||||||||||||||||||
| Revenue | $ | 6,063,878 | $ | 11,002,517 | $ | 31,237,853 | $ | 35,881,010 | |||||||||||||||
| Costs and expenses: | |||||||||||||||||||||||
| Cost of revenue | 3,286,559 | 6,848,525 | 16,227,120 | 21,204,204 | |||||||||||||||||||
| Sales and marketing | 1,137,453 | 2,982,476 | 4,316,615 | 12,125,066 | |||||||||||||||||||
| General and administrative | 3,074,193 | 3,747,136 | 11,916,572 | 16,743,046 | |||||||||||||||||||
| Depreciation and amortization | 176,052 | 489,378 | 636,386 | 1,159,161 | |||||||||||||||||||
| Impairment of goodwill | — | 113,755 | — | 4,130,477 | |||||||||||||||||||
| Total costs and expenses | 7,674,257 | 14,181,270 | 33,096,693 | 55,361,954 | |||||||||||||||||||
| Income (loss) from operations | (1,610,379) | (3,178,753) | (1,858,840) | (19,480,944) | |||||||||||||||||||
| Other income (expense): | |||||||||||||||||||||||
Change in the fair value of digital assets | — | — | — | 28,414 | |||||||||||||||||||
| Interest expense | (1,311) | (2,475) | (6,403) | (8,129) | |||||||||||||||||||
| Loss on divestiture of assets | — | (2,286,083) | — | (2,286,083) | |||||||||||||||||||
| Other income (expense), net | 444,003 | 590,100 | 1,907,569 | 2,499,835 | |||||||||||||||||||
| Total other income (expense), net | 442,692 | (1,698,458) | 1,901,166 | 234,037 | |||||||||||||||||||
| Net income (loss) before income taxes | $ | (1,167,687) | $ | (4,877,211) | $ | 42,326 | $ | (19,246,907) | |||||||||||||||
Tax benefit | — | 253,947 | — | 394,646 | |||||||||||||||||||
| Net income ( loss) | (1,167,687) | (4,623,264) | 42,326 | (18,852,261) | |||||||||||||||||||
| Weighted average common shares outstanding – basic | 17,074,681 | 16,965,350 | 17,261,755 | 17,067,995 | |||||||||||||||||||
| Basic income (loss) per common share | $ | (0.07) | $ | (0.27) | $ | — | $ | (1.10) | |||||||||||||||
| Weighted average common shares outstanding - diluted | 17,074,681 | 16,965,350 | 18,302,209 | 17,067,995 | |||||||||||||||||||
| Diluted income (loss) per common share | $ | (0.07) | $ | (0.27) | $ | — | $ | (1.10) | |||||||||||||||
IZEA Worldwide, Inc.
Consolidated Statements of Comprehensive Income (Loss)
| Three Months Ended December 31, | Twelve Months Ended December 31, | |||||||||||||||||||||||||
| 2025 | 2024 | 2025 | 2024 | |||||||||||||||||||||||
| Net income (loss) | $ | (1,167,687) | $ | (4,623,264) | $ | 42,326 | $ | (18,852,261) | ||||||||||||||||||
| Other comprehensive income (loss) | ||||||||||||||||||||||||||
| Unrealized gain (loss) on securities held | — | 27,138 | (12,209) | 262,800 | ||||||||||||||||||||||
| Unrealized gain (loss) on currency translation | (3,415) | 233,793 | (146,758) | 127,296 | ||||||||||||||||||||||
| Reclassification of foreign currency translation adjustment to income | — | (34,218) | — | (34,218) | ||||||||||||||||||||||
| Total other comprehensive income (loss) | (3,415) | 226,713 | (158,967) | 355,878 | ||||||||||||||||||||||
| Total comprehensive income (loss) | $ | (1,171,102) | $ | (4,396,551) | $ | (116,641) | $ | (18,496,383) | ||||||||||||||||||
IZEA Worldwide, Inc.
Revenue Details
Revenue details by type:
| Three Months Ended December 31, | |||||||||||||||||||||||
| 2025 | 2024 | $ Change | % Change | ||||||||||||||||||||
| Managed Services Revenue | |||||||||||||||||||||||
| On-Going Operations | $ | 6,027,710 | 99 | % | $ | 9,814,545 | 89 | % | $ | (3,786,835) | (39) | % | |||||||||||
| Hoozu | — | — | % | 1,070,549 | 10 | % | (1,070,549) | (100) | % | ||||||||||||||
| Total Managed Services Revenue | 6,027,710 | 99 | % | 10,885,094 | 99 | % | (4,857,384) | (45) | % | ||||||||||||||
| SaaS Services Revenue | 36,168 | 1 | % | 117,423 | 1 | % | (81,255) | (69) | % | ||||||||||||||
| Total Revenue | $ | 6,063,878 | 100 | % | $ | 11,002,517 | 100 | % | $ | (4,938,639) | (45) | % | |||||||||||
| Twelve Months Ended December 31, | ||||||||||||||||||||
| 2025 | 2024 | $ Change | % Change | |||||||||||||||||
| Managed Services Revenue | ||||||||||||||||||||
| On-Going Operations | $ | 31,024,581 | 99 | % | $ | 31,704,115 | 88 | % | $ | (679,534) | (2) | % | ||||||||
| Hoozu | — | — | % | 3,353,908 | 9 | % | (3,353,908) | (100) | % | |||||||||||
| Total Managed Services Revenue | 31,024,581 | 99 | % | 35,058,023 | 98 | % | (4,033,442) | (12) | % | |||||||||||
| SaaS Services Revenue | 213,272 | 1 | % | 822,987 | 2 | % | (609,715) | (74) | % | |||||||||||
| Total Revenue | $ | 31,237,853 | 100 | % | $ | 35,881,010 | 100 | % | $ | (4,643,157) | (13) | % | ||||||||
IZEA Worldwide, Inc.
Reconciliation of GAAP Net Income (Loss) to Non-GAAP Adjusted EBITDA
| Three Months Ended December 31, | Twelve Months Ended December 31, | ||||||||||||||||||||||
| 2025 | 2024 | 2025 | 2024 | ||||||||||||||||||||
| Net income (loss) from operations | $ | (1,167,687) | $ | (4,623,264) | $ | 42,326 | $ | (18,852,261) | |||||||||||||||
| Impairment of goodwill and intangible assets | — | 113,755 | — | 4,130,477 | |||||||||||||||||||
| Adjustment to fair market value of digital assets | — | — | — | (28,414) | |||||||||||||||||||
| Non-cash stock-based compensation | 407,099 | 416,181 | 1,493,588 | 2,744,537 | |||||||||||||||||||
| Non-cash stock issued for payment of services | 90,009 | 90,007 | 360,000 | 319,070 | |||||||||||||||||||
| Depreciation and amortization | 176,052 | 489,378 | 636,386 | 1,159,161 | |||||||||||||||||||
| Interest expense | 1,311 | 2,475 | 6,403 | 8,129 | |||||||||||||||||||
| Loss on sale of subsidiary | — | 2,286,083 | — | 2,286,083 | |||||||||||||||||||
| Change in fair value of derivatives | — | 6,000 | — | — | |||||||||||||||||||
| Interest income | (442,962) | (549,717) | (1,872,254) | (2,458,446) | |||||||||||||||||||
| Non-recurring charges | — | 7,668 | — | 7,668 | |||||||||||||||||||
Tax benefit | — | (260,051) | — | (400,750) | |||||||||||||||||||
Adjusted EBITDA(1) | $ | (936,178) | $ | (2,021,485) | $ | 666,449 | $ | (11,084,746) | |||||||||||||||
| Revenue | $ | 6,063,878 | $ | 11,002,517 | $ | 31,237,853 | $ | 35,881,010 | |||||||||||||||
| Operating EBITDA as a % of Revenue | (15.4) | % | (18.4) | % | 2.1 | % | (30.9) | % | |||||||||||||||
(1) Adjusted EBITDA presentation varies from prior disclosure, primarily to exclude non-operating items such as interest income.
FAQ
How did IZEA (IZEA) perform financially in full-year 2025?
IZEA generated full-year 2025 revenue of $31.2 million, down from $35.9 million in 2024, but swung to net income of $42,326 from an $18.9 million loss. Adjusted EBITDA improved from an $11.1 million loss to a $0.7 million gain, reflecting major cost reductions.
What were IZEA (IZEA) results for Q4 2025 compared to Q4 2024?
In Q4 2025, IZEA reported revenue of $6.1 million from ongoing operations versus $9.8 million (excluding Hoozu) a year earlier. The net loss narrowed to $1.2 million from $4.6 million, while Adjusted EBITDA improved to a loss of $0.9 million from a $2.0 million loss.
How strong is IZEA (IZEA)’s balance sheet at December 31, 2025?
As of December 31, 2025, IZEA held $50.9 million in cash and cash equivalents and reported no outstanding long-term debt. Total assets were $57.5 million and stockholders’ equity was $48.9 million, providing significant financial resources for operations and potential strategic initiatives.
What cost actions did IZEA (IZEA) take to improve profitability?
IZEA cut total Q4 2025 costs and expenses by 46% to $7.7 million, driven by lower cost of revenue, a targeted workforce reduction, reduced advertising, and lower professional and contractor spending. These measures helped drive the full-year shift from a large loss to modest profitability.
How are IZEA (IZEA)’s Managed Services and SaaS revenues trending?
Managed Services revenue from ongoing operations was $31.0 million in 2025, roughly flat year-over-year, but total Managed Services revenue fell 12% after divesting Hoozu. SaaS Services revenue declined to $213,272 from $822,987, indicating weaker performance in the software subscription part of the business.
What is IZEA (IZEA)’s share repurchase activity to date?
IZEA authorized up to $10.0 million in open-market share repurchases and had bought 561,950 shares for $1.4 million through December 31, 2025. No shares were repurchased in Q4 2025, but the program remains in place subject to its stated restrictions.
Filing Exhibits & Attachments
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Izea Worldwide Inc
NASDAQ:IZEA
IZEA Rankings
IZEA Latest News
Aug 12, 2025
IZEA Reports Q2 2025 Revenue of $9.1 Million
IZEA Latest SEC Filings
Mar 17, 2026
[10-K] IZEA Worldwide, Inc. Files Annual Report
Dec 11, 2025
[8-K] IZEA Worldwide, Inc. Reports Material Event