Ziff Davis, Inc 8-K/A, filed Jun 22, 2026

Ziff Davis, Inc. (ZD)

8-K/A 2026-06-22 For: 2026-06-17

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Added on June 23, 2026

About this 8-K/A

Ziff Davis, Inc filed this 8-K/A on June 22, 2026, reporting on events of June 17, 2026.

Items reported

Item 9.01: Financial statements and exhibits

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Title of each class	Trading Symbol(s)	Name of each exchange on which registered
Common Stock, $0.01 par value	ZD	Nasdaq Stock Market LLC


		Ziff Davis, Inc. (Registrant)

Date:	June 22, 2026	By:	/s/ Jeremy Rossen
			Jeremy Rossen Executive Vice President, General Counsel and Secretary


	Historical Ziff Davis (as reported)		Transaction Accounting Adjustments Note 1		Notes	Pro Forma Ziff Davis
ASSETS
Cash and cash equivalents	$	519,718	$	1,157,419	(A)	$	1,676,699
			(438)		(C)
Escrow receivable, current	—		12,000		(A)	12,000
Accounts receivable, net of allowances	397,456		—			397,456
Prepaid expenses and other current assets	83,101		—			83,101
Current assets - held for sale	435,223		(435,223)		(B)	—
Total current assets	1,435,498		733,758			2,169,256
Long-term investments	100,075		—			100,075
Property and equipment, net	166,924		—			166,924
Intangibles, net	314,134		—			314,134
Goodwill	1,343,817		—			1,343,817
Deferred income taxes	5,419		—			5,419
Escrow receivable, noncurrent	—		25,000		(A)	25,000
Other assets	28,418		—			28,418
TOTAL ASSETS	$	3,394,285	$	758,758		$	4,153,043
LIABILITIES AND STOCKHOLDERS’ EQUITY
Accounts payable and accrued expenses	$	450,266	2,565		(C)	$	458,953
			6,122		(D)
Income taxes payable, current	2,706		181,663		(E)	193,127
			8,758		(F)
Deferred revenue, current	132,048		—			132,048
Current portion of long-term debt	148,810		—			148,810
Other current liabilities	15,521		—			15,521
Current liabilities - held for sale	114,365		(114,365)		(B)	—
Total current liabilities	863,716		84,743			948,459
Long-term debt	718,257		—			718,257
Deferred revenue, noncurrent	6,105		—			6,105
Liability for uncertain tax positions	20,150		—			20,150
Deferred income taxes	30,157		(8,758)		(F)	21,399
Other noncurrent liabilities	34,392		—			34,392
TOTAL LIABILITIES	1,672,777		75,985			1,748,762
Common stock	374		—			374
Additional paid-in capital	454,325		—			454,325
Retained earnings	1,332,193		874,186		(B)	2,015,591
			(3,003)		(C)
			(6,122)		(D)
			(181,663)		(E)
Accumulated other comprehensive loss	(65,384)		(625)		(B)	(66,009)
TOTAL STOCKHOLDERS’ EQUITY	1,721,508		682,773			2,404,281
TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY	$	3,394,285	$	758,758		$	4,153,043


	Historical Ziff Davis (as reported)		Pro Forma Ziff Davis
Total revenues	$	267,641	$	267,641
Operating costs and expenses:
Direct costs	44,317		44,317
Sales and marketing	115,233		115,233
Research, development, and engineering	13,637		13,637
General, administrative, and other related costs	46,644		46,644
Depreciation and amortization	44,878		44,878

Total operating costs and expenses	264,709		264,709
Operating income	2,932		2,932
Interest expense, net	(6,896)		(6,896)



Other income, net	688		688
Loss before income tax expense and income from equity method investment	(3,276)		(3,276)
Income tax expense	(2,637)		(2,637)
Income from equity method investment, net of tax	5,138		5,138
Net loss from continuing operations	(775)		(775)



Net loss per common share:
Basic	$	(0.02)	$	(0.02)
Diluted	$	(0.02)	$	(0.02)
Weighted average shares outstanding:
Basic	37,597,190		37,597,190
Diluted	37,597,190		37,597,190


	Historical Ziff Davis (as reported)		Discontinued Operations Note 2		Pro Forma Ziff Davis
Total revenues	$	1,451,268	$	(230,733)	$	1,220,535
Operating costs and expenses:
Direct costs	206,598		(33,335)		173,263
Sales and marketing	543,325		(60,055)		483,270
Research, development, and engineering	61,962		(8,230)		53,732
General, administrative, and other related costs	210,027		(21,944)		188,083
Depreciation and amortization	228,691		(29,022)		199,669
Goodwill impairment	17,579		—		17,579
Total operating costs and expenses	1,268,182		(152,586)		1,115,596
Operating income	183,086		(78,147)		104,939
Interest expense, net	(25,910)		(173)		(26,083)
Loss on sale of businesses	(57,988)		—		(57,988)
Gain on investments, net	5,018		—		5,018
Provision for credit losses on investments	(17,566)		—		(17,566)
Other loss, net	(5,893)		5,359		(534)
Income before income tax expense and loss from equity method investment	80,747		(72,961)		7,786
Income tax expense	(25,447)		15,808		(9,639)
Loss from equity method investment, net of tax	(7,946)		—		(7,946)
Net income (loss)	$	47,354	$	(57,153)	$	(9,799)

Net income (loss) per common share:
Basic	$	1.16			$	(0.24)
Diluted	$	1.15			$	(0.24)
Weighted average shares outstanding:
Basic	40,977,183				40,977,183
Diluted	41,098,514				40,977,183


Base purchase price	$	1,200,000
Purchase price adjustment (i)	16,147
Total consideration	1,216,147
Costs to sell (ii)	(21,728)
Net cash proceeds	1,194,419
Escrow receivable (iii)	(37,000)
Cash and cash equivalents proceeds	$	1,157,419


Net cash proceeds	$	1,194,419
Net assets sold	(320,858)
Realized accumulated other comprehensive income:
Foreign currency translation adjustment	625
Estimated pre-tax gain on sale	$	874,186