Every 10-Q that Zedge, Inc. (ZDGE) has filed with the SEC in the last 24 months is listed below, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 10-Q covers the quarterly report filed between annual reports, 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. reported modest growth and a return to profitability for the three months ended April 30, 2026. Revenue rose to $7.99 million from $7.76 million, while net income increased to $0.9 million versus $0.2 million a year earlier, helped by lower operating expenses.
For the nine-month period, revenue reached $23.86 million, up from $21.93 million, but Zedge recorded a net loss of $0.6 million, driven largely by a previously booked $3.7 million non-cash impairment on its Emojipedia assets after Google SERP and AI tools reduced traffic and monetization.
The Zedge Marketplace segment grew, with subscription revenue up over 30% and approximately 1.3 million active subscribers, even as app monthly active users declined to 19.6 million. ARPMAU increased as advertising pricing improved. GuruShots remained pressured, with paying users down but average spend per payer higher.
Cash and cash equivalents stood at $19.7 million with positive operating cash flow of $2.9 million over nine months. The company continued shareholder returns through quarterly cash dividends and share repurchases, and its revolving credit facility was renewed. Management also highlighted geopolitical risks tied to its Israeli operations and ongoing competitive and regulatory uncertainties around AI.
Zedge, Inc. reported higher revenue but a larger quarterly loss as it navigates technology and geopolitical shocks. For the three months ended January 31, 2026, revenue rose to $8.3M, up 18.3% year over year, driven by stronger advertising pricing and 32.5% growth in subscription revenue. However, Zedge booked a non-cash $3.7M impairment on its Emojipedia intangible assets after Google search changes and AI platforms began delivering emoji results directly, reducing traffic and expected future cash flows. This pushed operating results to a quarterly net loss of $2.3M versus a $1.7M loss a year earlier, though the six‑month net loss narrowed to $1.5M from $2.0M.
The core Zedge Marketplace segment grew revenue 21.2%, while GuruShots revenue declined 11.5% as paid user acquisition was scaled back and monthly active payers fell 43.1%. Zedge App monthly active users dropped 17.4% to 20.4 million, but ARPMAU increased 47.5%, reflecting better monetization per user. Subscriptions reached about 1.2 million active subscribers, up 48.5%, although average revenue per subscription fell due to the mix of lifetime plans.
Despite the impairment, Zedge generated $1.7M of operating cash in the first six months and ended the period with $19.1M in cash and cash equivalents and access to an undrawn $4M revolving credit facility. The company continues to pay a quarterly cash dividend of $0.016 per share. Management also highlights significant geopolitical risk: extensive conflicts involving Israel and Iran have led to office and school closures in Israel, repeated reservist mobilizations affecting staff, and what the company describes as materially interrupted operations, with active combat ongoing and no ceasefire in place.
Zedge, Inc. returned to profitability as its core marketplace offset weakness at GuruShots. For the quarter ended October 31, 2025, revenue rose to $7.6 million from $7.2 million, driven by stronger advertising and subscription revenue in the Zedge App, partly offset by lower digital goods sales at GuruShots.
Zedge reported net income of $0.8 million versus a $0.3 million loss a year earlier, helped by lower selling, general and administrative costs after a January 2025 restructuring and the end of a large GuruShots retention program. Zedge App monthly active users fell 11.2% to 22.2 million, but average revenue per user increased 29.2% as ad pricing and subscription monetization improved. GuruShots revenue fell 27.3% as paying users declined.
The company ended the quarter with $18.5 million in cash and working capital of $14.6 million, and has an undrawn $4 million revolving credit facility. Zedge repurchased about 238,000 Class B shares and declared a $0.016 per-share cash dividend. Management highlights significant geopolitical risks tied to its Israeli operations and competitive and regulatory uncertainty around its AI and Emojipedia businesses.