Zedge, Inc. (ZDGE) Financial Statements
Industry: Prepackaged Software (Services)
In fiscal 2025, Zedge reported revenue of $29.4M, down 2.3% from $30.1M the year before. Net income was -$2.4M (a -8.1% net margin), or -$0.17 per diluted share. Gross margin was -400.0% and operating margin was -11.0%. Operating activities generated $3.4M of cash, leaving $3.3M of free cash flow. At fiscal year end, Zedge held $35.7M in total assets against $9.8M in total liabilities, including $18.6M of cash and equivalents.
Open the full interactive Zedge financials → Quarterly statements, key ratios, valuation history and price charts.
Zedge Key Stats
| Share Price | $2.86 |
|---|---|
| Market Cap | $38.0M |
| Revenue YoY Growth | -2.3% |
| 52-Week Range | $2.23 – $4.13 |
| Shares Outstanding | 13.0 million (basic, 2026 Q3) |
Zedge Income Statement
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Revenue | $9.5M | $19.6M | $26.5M | $27.2M | $30.1M | $29.4M |
| Gross Profit | — | — | — | — | $2.1M | -$117.6M |
| Operating Income | -$403,000 | $7.8M | $11.8M | -$6.9M | -$11.8M | -$3.2M |
| Pre-Tax Income | -$544,000 | $8.0M | $11.6M | -$6.6M | -$11.4M | -$2.7M |
| Income Tax | $15,000 | -$202,000 | $1.9M | -$462,000 | -$2.2M | -$325,000 |
| Net Income | -$559,000 | $8.2M | $9.7M | -$6.1M | -$9.2M | -$2.4M |
| Diluted EPS | -$0.05 | $0.59 | $0.65 | -$0.43 | -$0.65 | -$0.17 |
Zedge Quarterly Results
| 2025 Q4 | 2026 Q1 | 2026 Q2 | 2026 Q3 | |
|---|---|---|---|---|
| Revenue | $7.5M | $7.6M | $8.3M | $8.0M |
| Net Income | -$559,000 | $788,000 | -$2.3M | $926,000 |
| Diluted EPS | -$0.04 | $0.06 | -$0.18 | $0.07 |
Zedge Balance Sheet
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Cash & Equivalents | $5.1M | $24.9M | — | $18.1M | $20.0M | $18.6M |
| Current Assets | $6.8M | $27.6M | $19.9M | $21.6M | $24.0M | $22.4M |
| Total Assets | $12.0M | $37.5M | $54.6M | $46.8M | $38.2M | $35.7M |
| Current Liabilities | $2.8M | $4.2M | $8.7M | $5.8M | $6.2M | $7.8M |
| Total Long-Term Debt | $218,000 | — | $962,000 | $2.0M | — | — |
| Total Liabilities | $3.1M | $4.3M | $10.4M | $8.0M | $7.3M | $9.8M |
| Shareholders' Equity | $8.9M | $33.2M | $44.2M | $38.9M | $30.9M | $25.9M |
Zedge Cash Flow Statement
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Cash From Operations | $2.1M | $10.1M | $11.5M | $3.2M | $5.8M | $3.4M |
| Cash From Investing | -$759,000 | -$5.5M | -$18.9M | -$2.4M | -$1.2M | -$549,000 |
| Cash From Financing | $2.2M | $15.1M | -$223,000 | $387,000 | -$2.6M | -$4.4M |
| Free Cash Flow | — | — | — | $3.1M | $5.8M | $3.3M |
Figures from Zedge's 10-K and 10-Q filings with the SEC, as of 2026-10-14. Fiscal years follow the company's own reporting calendar. EPS and share counts are adjusted for later stock splits. See the full Zedge financials page for every line item.
Zedge Company Profile
| Ticker | ZDGE |
|---|---|
| Exchange | NYSE |
| Industry | Prepackaged Software (Services) |
| Headquarters | New York, New York |
| Incorporated in | Delaware |
| Fiscal Year End | July 31 |
| SEC Filer Category | Non-accelerated filer, smaller reporting company |
| SEC CIK | 0001667313 |
Frequently Asked Questions
What was Zedge's revenue in fiscal 2025?
Zedge (ZDGE) reported revenue of $29.4M for fiscal 2025.
What is Zedge's annual revenue history?
Zedge's annual revenue by fiscal year: 2020: $9.5M; 2021: $19.6M; 2022: $26.5M; 2023: $27.2M; 2024: $30.1M; 2025: $29.4M.
What was Zedge's net income in fiscal 2025?
Zedge reported net income of -$2.4M for fiscal 2025.
What was Zedge's earnings per share (EPS) in fiscal 2025?
Zedge's diluted EPS was -$0.17 for fiscal 2025 (adjusted for any later stock splits).
How much free cash flow did Zedge generate in fiscal 2025?
Zedge generated $3.3M of free cash flow in fiscal 2025.
What was Zedge's revenue last quarter?
In its most recent reported quarter (2026 Q3), Zedge reported revenue of $8.0M.
How many shares of Zedge are outstanding?
Zedge reported a weighted average of 13.0 million basic shares outstanding in 2026 Q3.
What is Zedge's market cap?
Based on its latest closing price, Zedge (ZDGE) has a market capitalization of about $38.0M.
When does Zedge's fiscal year end?
Zedge's fiscal year end, as registered with the SEC, is July 31.
Where is Zedge headquartered?
Zedge lists its business address in New York, New York in its SEC filings.