ZETA · NYSE · Technology
Zeta Global Holdings Corp. (ZETA) — Rank #66 by gross profitability (GP/assets 0.54) · ROE -3.4% · Piotroski F-Score 5 / 9.
As-of 2026-10-30 · CIK 0001851003 · all metrics point-in-time as of the filing date.
About
Zeta Global Holdings Corp. operates an omnichannel data-driven cloud platform that provides enterprises with consumer intelligence and marketing automation software in the United States and internationally.
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The company operates Zeta Marketing platform, a single platform that enable enterprises to acquire, grow, and retain consumer relationships efficiently and effectively than alternative solutions; and Zeta Messaging, an email service provider, offering end-to-end AI-powered omnichannel messaging capabilities, as well as integrated data management, enterprise-scale delivery and support, and sophisticated omnichannel orchestration. In addition, the company offers Zeta Consumer Data platform (CDP+), a system of record for consumer information, delivers a single, actionable view of customers and prospects that include real-time identifiers and signals, and other key attributes; and Zeta's DSP for customers to maximize the power of paid media to engage the right audiences with precision and efficiency, as well as delivers experiences via desktop, inbox, mobile, CTV and social, and others. Further, it operates Athena by Zeta, an interface to Zeta's AI-native infrastructure layer and intends to power all intelligent decisioning, automation, and user interaction; and Zeta Answers that synthesize trillions of behavioral signals into intent-based scores tied to a unique individual. The company has a strategic partnership with Palantir Technologies Inc. for the development of enterprise AI infrastructure layer that connects operational intelligence, customer intelligence, and marketing execution. Zeta Global Holdings Corp. has a strategic alliance with Fireworks.ai, Inc. to develop the Athena Inference Model (AIM), a collection of specialized open-weight models powering AthenaOS, to help customers generate insights faster, improve efficiency and scale specialized AI across the enterprise.
The company was incorporated in 2007 and is headquartered in New York, New York.
- Industry
- Software - Infrastructure
- Sector
- Technology
- State
- DE
- Filer Category
- Large accelerated filer
- Fiscal Year End
- December 31
- Website
- zetaglobal.com
Company Snapshot
P/S is the primary valuation lens — earnings are reinvested, not available for P/E.
Market Cap
—
P/E (annual)
—
P/S (annual)
—
P/B
—
P/OCF (annual)
—
Shareholder Yield
—
Employees
3,300
Industry
Software - Infrastructure
Exchange
NYSE
11/12
Flags passed
ZETA passes 11/12 quality flags
1 caution to review
- CAUTIONDilution above 2%
Annual share count increase exceeds 2%. May be acceptable for high-growth companies funding talent via stock compensation
- PASSGross margin holding
- PASSFCF not negative from investment
- PASSDisclosure consistent
- PASSRevenue not declining
- PASSOperating margin holding
- PASSFree cash flow intact
- PASSPasses safety gate
- PASSBalance sheet stable
- PASSNo competitive retreat
- PASSSBC not compressing margin
- PASSNo valuation convergence
Strengths Deferred revenue growing · Sequential beat (rev + EPS)
A count of the 12 warning flags that could be evaluated. Unweighted: colour follows the worst flag.
Quality Profile
Profitability
1/1 passSafety
1/1 passCash Flow
3/3 passGrowth
1/2 passRevenue growth and the path to profitability (margin trend) are the primary reads at this stage.
Profitability
Does it make money well?
No warning flags · GP/assets 86th percentile of 36 SIC 7372 peers
Gross profitability (GP / assets)
0.54
Primary signal (Novy-Marx).
86th pctl of 36 SIC 7372 peers
Return on equity
-3.4%
Gross margin
60.6%
26th pctl of 36 SIC 7372 peers
Revenue growth (YoY)
29.7%
Gross margin improving
Margin trend vs prior year.
Operating Leverage
| 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|
| Revenue vs COGS | ||||
| Revenue vs OpEx | ||||
| Op. Income vs Revenue |
Growth
Revenue CAGR (3Y)
30.2%
Revenue CAGR (5Y)
28.8%
Earnings CAGR (3Y)
—
FCF CAGR (3Y)
48.7%
Cash Flow Health
Is the cash real?
No warning flags · FCF 687% above net income
Free cash flow
$185.09M
Operating cash flow minus capex.
Positive free cash flow
FCF vs net income
687.4%
(FCF − net income) ÷ |net income|. Positive: cash above earnings. Negative: below.
FCF not below net income
Fails when free cash flow is below net income (yellow flag).
Accruals healthy
Cash-backed earnings.
SBC / revenue
13.6%
Stock-based comp intensity.
Balance Sheet Strength
Can it survive a storm?
Caution: Dilution above 2% · net cash $112.47M, F-Score 5/9
Balance-sheet safety
Composite anti-fragile check.
Debt / equity
0.58
52nd pctl of 32 SIC 7372 peers (best = lowest)
Current ratio
2.38×
63rd pctl of 36 SIC 7372 peers
Quick ratio
2.24×
Net cash
$112.47M
Cash & equivalents minus total debt.
Piotroski F-Score
5 / 9
Fundamental-strength score (0-9).
Valuation
Is the price reasonable?
No warning flags
Capital allocation quality
Composite score
1.7 / 5
Lifecycle Phase History
Price History
Source filings on SEC EDGAR: 10-K annual reports · 10-Q quarterly reports