ZETA Zeta Global Holdings Corp.

BULLISH Impact: 8/10 8-K
Horizon days Filed Apr 30, 2026 Processed 1mo ago SEC 0001193125-26-197172
8-K Item 2.02: Earnings release
Latest settled — T+20d
ZETA ▲ +35.59% at T+20d
LONG call ✓ call won +35.59% · α vs SPY +30.31% · entry $18.60 → $25.22
Next anchor: T+60d in 7w
Last close $21.76 (close Jun 8) · +16.99% from $18.60 entry
Entry anchored
Apr 30, 03:59 PM ET
via Databento tick
T+1d
-0.75%
call -0.75% · α -0.41%
$18.46
settled 6w ago
T+5d
-7.10%
call -7.10% · α -9.44%
$17.28
settled 5w ago
T+20d
+35.59%
call +35.59% · α +30.31%
$25.22
settled 12d ago
T+60d
call — · α —
in 7w

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Executive Summary

Zeta Global reported Q1 2026 revenue of $396M, up 50% YoY, exceeding the midpoint of guidance by $26M, marking its 19th consecutive beat-and-raise quarter. The company raised full-year 2026 revenue guidance by $30M to $1,785M at the midpoint, reflecting 37% YoY growth, and guided to positive GAAP net income for the full year. The Athena AI platform launch drove over 7x more agent interactions in its first week, signaling accelerating enterprise adoption.

Key Financial Metrics

Guidance
$1,779M-$1,792M
raised
Free Cash Flow
$41.7M

Actionable Insight

The accelerating revenue growth to 50% YoY, combined with a second consecutive guidance raise and the Athena AI platform catalyst, creates strong positive momentum. Traders should watch the earnings call for details on Athena's attach rates and enterprise deal pipeline, as well as any updates on Marigold Enterprise Business integration. The stock is likely to gap up significantly on this beat-and-raise.

Key Facts

  • Q1 2026 revenue of $396M, up 50% YoY, exceeding guidance midpoint by $26M
  • 19th consecutive beat-and-raise quarter
  • Full-year 2026 revenue guidance raised by $30M to $1,785M at the midpoint, representing 37% YoY growth
  • Full-year 2026 adjusted EBITDA guidance raised by $6.3M to $397.3M at the midpoint
  • Full-year 2026 free cash flow guidance raised by $3.8M to $235M at the midpoint
  • Super-Scaled customer count grew to 189, up 19% YoY; Super-Scaled ARPU grew to $1.7M, up 21% YoY
  • Athena AI platform drove >7x more agent interactions and accounted for >60% of AI platform usage in first week of GA
  • Guiding to positive GAAP net income for full year 2026
  • Q1 2026 GAAP net loss of $13.2M improved from $21.6M loss in Q1 2025
  • Q1 2026 adjusted EBITDA of $66.1M, up 42% YoY from $46.7M

Financial Impact

Revenue beat guidance midpoint by $26M (7.0% beat); full-year revenue guidance raised by $30M; adjusted EBITDA guidance raised by $6.3M; free cash flow guidance raised by $3.8M

revenueadjusted EBITDAfree cash flowGAAP net income

Risk Factors

  • GAAP net loss of $13.2M in Q1 2026, though improving YoY
  • Operating expenses grew 48% YoY, outpacing revenue growth of 50% only marginally
  • Restructuring expenses of $6.8M in Q1 2026 vs $3.2M in Q1 2025
  • Cash and cash equivalents declined to $288.8M from $319.8M at year-end 2025
  • Accumulated deficit grew to $1.07B

Market Snapshot

Exchange
NYSE
Sector
Services-Prepackaged Software
Analyst Consensus
80% bullish (20 analysts)

Documents Analyzed

This report is based on 6 SEC documents filed with EDGAR.

DocumentAccession Number
8-K Filing (Primary)0001193125-26-197172
Document: zeta-20260430.htm0001193125-26-197172
Document: 0001193125-26-197172-index-headers.html0001193125-26-197172
Document: 0001193125-26-197172-index.html0001193125-26-197172
Document: 0001193125-26-197172.txt0001193125-26-197172
8-K Data (Synthetic)0001193125-26-197172
3 reports for ZETA
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Type Now
Apr 30, 2026
5w ago
8-K
BULLISH ★ 8/10
$18.60 $25.22▲ +35.59%▲ +30.31%$21.76 (+16.99%)
Apr 24, 2026
6w ago
DEFA14A
NEUTRAL ★ 3/10
$18.09 $19.65▲ +8.62%▲ +3.67%$21.76 (+20.29%)
Feb 24, 2026
15w ago
8-K
BULLISH ★ 8/10
$17.85 $16.36▼ −8.35%▼ −3.11%$21.76 (+21.90%)
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