Zeta Global Holdings Corp. Class A (ZETA)
NYSE:ZETA
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Earnings Data
Report Date
Aug 05, 2026After Close (Confirmed)
Period Ending
2026 (Q2)Consensus EPS Forecast
0.2Last Year’s EPS
0.14Same Quarter Last Year
Strong Buy
Based on 13 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Positive
The call conveyed strong, broad-based operational momentum: sizable top-line growth (50% YoY; 29% ex-acquisitions), improving profitability and cash generation, meaningful customer expansion (ARPU +21%, multi-use +50%), rapid early adoption of Athena (7x agentic interactions, 60% AI usage) and pipeline growth (+40% YoY). Near-term headwinds included a Q1 GAAP loss (improved but negative), an increase in cost of revenue (41%, +190 bps YoY) driven by initial agency/social mix, and a working capital headwind from agency payment cycles. Management emphasized Marigold integration progressing ahead of plan and maintained conservative guidance assumptions (minimal Athena revenue contribution baked in). On balance, the positives — recurring revenue strength, accelerating customer monetization, improved free cash flow conversion, product-led differentiation (Athena, SuperGraph) and expanding pipeline — materially outweigh the limited near-term margin/cash-cycle headwinds.Company Guidance
Consistent Beat-and-Raise Performance
Delivered 19th consecutive beat-and-raise quarter; raised full-year 2026 revenue midpoint by $30M to $1.785B (37% reported growth; 22% growth excluding Marigold and political revenue). Q2 2026 midpoint revenue $420M (36% YoY; 21% ex Marigold/political).
Strong Top-Line Growth
Q1 revenue of $396M, up 50% year-over-year (29% YoY excluding Marigold), marking fourth straight quarter of revenue-growth acceleration excluding acquisitions and political candidate revenue; 4-year revenue CAGR of 30%.
Improving Profitability and Cash Generation
Adjusted EBITDA of $66.1M in Q1, up 42% YoY (margin 16.7%); raised 2026 adjusted EBITDA midpoint to $397M (up $6M) implying a 22.3% margin (+90 bps vs 2025). Net cash provided by operating activities $49.7M (up 43% YoY); free cash flow $41.7M (up 48% YoY) representing a 10.5% margin and a 63% free cash flow conversion (improvement of 270 bps YoY).
Customer Metrics and Adoption
Total super-scaled customers grew to 189, up 19% YoY (add 5 sequentially); super-scaled customer ARPU $1.7M, up 21% YoY; number of super-scaled customers using >1 use case up >50% YoY; customers using >3 channels up 40% YoY; net retention remained above target range (110%-115%).
Athena Early Traction and Competitive Wins
Athena (generally available) drove a 7x increase in agentic interactions in first week and accounted for ~60% of AI usage on the platform; contributed materially to marquee enterprise and agency wins including a global apparel retailer (consolidated 4 vendors to Zeta) and drove large deals where incumbents were displaced.
Sales Pipeline Expansion
Forward-looking sales pipeline up ~40% YoY, with discretionary industries (retail, advertising, travel, restaurants, furniture, resorts) up even more; ARV / deal sizes increasing and agencies signing longer-term committed contracts; RPOs increased ~$66M QoQ.
Data & Platform Moat
Proprietary Zeta SuperGraph identity & intelligence graph cited as key win driver (example: e-commerce pet retailer win); Forrester recognition as a leader and a reported 600% average return on marketing spend for customers; Fortune 100 telco expansion expected to drive an 18x increase in spend in 2026 vs 2025.
Acquisition (Marigold) Integration Progress & Capital Allocation
Marigold integration tracking ahead of expectations with revenue better than anticipated; cross-selling and data cloud integration progressing; repurchased 1.5M shares for $25.7M with ~$138M remaining authorization; dilution improved (excluding Marigold, first-quarter dilution 0.1%).
Operational & Engineering Efficiency Gains
Built internal tooling (Spade) for automated code generation and model selection driving ~75% automated new code creation and reported pod productivity gains of 400%-600% YoY; majority of inference runs on Zeta infrastructure (management states minimal token spend), supporting margin expansion.
ZETA Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
ZETA Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
Apr 30, 2026 | $18.42 | $18.60 | +0.98% |
Feb 24, 2026 | $16.98 | $17.85 | +5.12% |
Nov 04, 2025 | $16.70 | $19.94 | +19.40% |
Aug 05, 2025 | $15.87 | $20.23 | +27.47% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does Zeta Global Holdings Corp. Class A (ZETA) report earnings?
Zeta Global Holdings Corp. Class A (ZETA) is schdueled to report earning on Aug 05, 2026, After Close (Confirmed).
What is Zeta Global Holdings Corp. Class A (ZETA) earnings time?
Zeta Global Holdings Corp. Class A (ZETA) earnings time is at Aug 05, 2026, After Close (Confirmed).
Where can I see when companies are reporting earnings?
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What companies are reporting earnings today?
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What is ZETA EPS forecast?
ZETA EPS forecast for the fiscal quarter 2026 (Q2) is 0.2.