Here are the 10-K annual reports from Zedge, Inc. (ZDGE) in our archive since June 2025, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 10-K covers the audited annual report, with the full financial statements, so if you follow ZDGE and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full ZDGE filings page.
Zedge, Inc. (ZDGE) reported fiscal 2026 revenue of $31.626 million, up 7.6% from fiscal 2025, and a net loss of $131,000, compared with $2.392 million. Net cash provided by operating activities was $4.555 million, versus $3.422 million; cash and equivalents were $20.3 million as of July 31, 2026. The Zedge Marketplace generated $29.665 million in revenue, up 9.0%, while GuruShots revenue declined 10.3% to $1.961 million.
The Zedge App had 19.3 million monthly active users as of July 31, 2026, down 16.8% year over year; quarterly average revenue per monthly active user rose 30.5% to $0.1207. Emojipedia revenue declined 49.4%, and Zedge recorded a $3.570 million impairment charge on its intangible assets. Its largest customer accounted for 34.2% of consolidated revenue in fiscal 2026. Zedge said it had secured AI training rights to approximately 50 million GuruShots photographs. In August 2026, it agreed to issue Class B common stock and warrants in a direct investment, intending to use the proceeds, along with cash generated by its existing businesses, to accelerate DataSeeds growth. Morris Berger became CEO effective October 1, 2026; Jonathan Reich retained his role as president and became COO.
Zedge, Inc. filed its annual report outlining a mobile content and gaming portfolio centered on the Zedge App, GuruShots, Emojipedia, and the new DataSeeds.AI licensing initiative. The Zedge App had 23.3 million monthly active users as of July 31, 2025, and 984,000 active subscribers. Management highlights a monetization mix led by advertising and subscriptions, alongside a generative AI creation suite (pAInt) and a growing image catalog for AI training and ecommerce via DataSeeds.
Risks and concentration are prominent. Advertising comprised approximately 75% of revenues (excluding GuruShots) in fiscal 2025, with 72% of advertising revenue tied to Google, Liftoff, and AppLovin. Android users constituted about 95% of MAU, and a shift toward emerging markets pressures ad rates. Emojipedia logged 48.4 million monthly page views and 8.9 million MAU as of July 2025, but Google SERP changes may reduce traffic. Zedge reported a fiscal 2025 net loss of $2.4 million and executed a restructuring targeting $3.9–$4.1 million in annual savings after a 22% workforce reduction.