Ziff Davis, Inc. reported preliminary unaudited financial results for the second quarter ended June 30, 2026, following the completion of its Connectivity business sale in Q2 2026. Revenues from continuing operations decreased 2.7% to $286.7 million, while operating income swung to a loss of $(44.7) million due to a $54.8 million goodwill impairment. Net loss from continuing operations was $(52.2) million, or $(1.43) per diluted share, compared to net income of $14.3 million in the prior year period. Adjusted EBITDA declined 3.7% to $76.8 million, and adjusted diluted EPS increased 13.2% to $1.03. The company generated $54.0 million in free cash flow and repurchased $121.5 million of common stock during the quarter. Ziff Davis operates as a vertically focused digital media and internet company with brands spanning technology, shopping, gaming, health, cybersecurity, and martech.

Ziff Davis, Inc. filed an amendment to its previous 8-K to provide unaudited pro forma condensed consolidated financial information regarding the consummation of the sale of its Connectivity division. The filing includes a balance sheet as of March 31, digital-first media and technology company.

Ziff Davis, Inc. completed the $1.2 billion cash sale of its Connectivity division to Accenture Inc. on June 17, 2026. The company entered into a consent agreement with its lenders to facilitate the transaction. Ziff Davis, Inc. operates in the digital media and technology sector, providing various online content and software services.