Abstract

Zeta Global Holdings Corp. is scheduled to report quarterly results on August 4, 2026 Post Market, with investors watching revenue growth, profitability progression, and the early impact of recently announced partnerships and financing capacity on near-term execution.

Market Forecast

Consensus tracked in the latest forecasts implies revenue of 420.61 million US dollars for the current quarter, up 41.77% year over year, with adjusted EPS around 0.20, up 46.59% year over year. Forecasts also imply EBIT of 57.87 million US dollars, up 58.08% year over year, while gross margin and net margin guidance for this quarter are not disclosed. Management and investor commentary have centered on sustaining high-growth momentum while balancing investments and operating leverage, with attention on customer adoption of advanced AI-driven capabilities. Within the business mix, Platform Direct Revenue remains the core engine, supported by the expanding AI decisioning layer; the most promising vector is platform-led AI and data products that are expected to deepen wallet share. For last quarter’s mix, Platform Direct Revenue contributed 297.23 million US dollars and Platform Integrated Revenue contributed 99.08 million US dollars; year-over-year growth by segment was not disclosed in the latest dataset.

Last Quarter Review

In the previous quarter, Zeta Global Holdings Corp. delivered 396.30 million US dollars in revenue (up 49.88% year over year), with a gross profit margin of 59.01%, a GAAP net loss attributable to shareholders of 13.25 million US dollars, a net profit margin of -3.34%, and adjusted EPS of 0.17 (up 54.55% year over year). On a sequential basis, GAAP net profit swung down by 302.58% quarter over quarter as recorded by the net profit growth metric. A key financial highlight was revenue exceeding the prior consensus by roughly 7%, coupled with EBIT of 36.26 million US dollars, up 24.92% year over year, indicating expanding operating leverage despite the GAAP loss. Main business composition showed Platform Direct Revenue of 297.23 million US dollars (approximately 75% of total) and Platform Integrated Revenue of 99.08 million US dollars (approximately 25% of total); company disclosures in the dataset did not provide segment-level year-over-year growth rates, though total revenue rose 49.88% year over year.

Current Quarter Outlook

Main business: Platform Direct Revenue and execution priorities

The primary revenue driver remains direct platform monetization, where Zeta Global Holdings Corp. continues to scale enterprise adoption and wallet share across its data-driven marketing and decisioning capabilities. The company’s goal this quarter is to convert robust pipeline activity into recognized revenue while protecting high gross margin economics in line with the prior 59.01% print. Given the forecast revenue of 420.61 million US dollars and EBIT of 57.87 million US dollars, the setup points to further operating leverage if sales efficiency and unit economics remain intact. Operationally, investors will watch the balance between new logo acquisition and expansion within existing enterprise relationships as a determinant of near-term growth quality. The prior quarter’s outperformance versus consensus suggests strong commercial momentum, and management’s ability to translate that momentum into consistent in-quarter billings and revenue conversion is central to sustaining 40%+ year-over-year growth. With the prior quarter’s net profit margin at -3.34%, a pathway to GAAP breakeven depends on disciplined operating expense growth, favorable revenue mix, and continued expansion in contribution margins from higher-value modules. The sequential net profit swing emphasizes the importance of cost discipline and revenue timing in the current print. If revenue lands near 420.61 million US dollars and gross margin remains resilient, the model should show improved EBIT flow-through. The magnitude of EPS uplift in the forecast (+46.59% YoY) implicitly requires a supportive mix and tight expense control, with particular focus on R&D and go-to-market investments relative to revenue scale.

Most promising business: AI decisioning, orchestration, and integrated platform expansion

The company’s integrated platform and AI decisioning capabilities are positioned to drive incremental customer value through personalization, orchestration, and automated insights-to-action workflows. Partnerships announced earlier this year are expected to accelerate product differentiation and enterprise adoption, which can translate to higher attach rates and expanded use cases across existing customers. Though the forecast period may capture only the initial revenue influence from these initiatives, they serve as a pipeline catalyst that can support sustained mid-term growth. From a financial lens, the most promising vector is the platform’s AI-enabled modules and integrated workflows that increase customer lifetime value and cross-sell potential. This is reflected in consensus expectations for an EBIT climb to 57.87 million US dollars (+58.08% YoY), which presumes healthy contribution from higher-margin software modules and efficiency at scale. As these capabilities roll out across large accounts, investors will monitor signals such as multi-year deals, multi-product adoption, and net revenue retention to assess durability. Within last quarter’s mix, Platform Integrated Revenue was 99.08 million US dollars. While segment-level year-over-year growth data is not disclosed in the dataset, analysts have highlighted that AI-led enhancements can raise the effective monetization per client and improve stickiness. For this quarter, progress updates on deployments, reference wins, and case studies will be key qualitative indicators of momentum that may inform second-half trajectory.

Key stock-price drivers this quarter: revenue quality, margin trajectory, and balance-sheet flexibility

Three factors are likely to dominate this quarter’s stock response: the magnitude and quality of any revenue beat or miss relative to the 420.61 million US dollars estimate, the direction of margins compared with last quarter’s 59.01% gross margin and negative net margin, and management’s commentary on pipeline conversion and the second-half demand environment. A clean beat paired with resilient gross margin would support the forecasted EBIT expansion, while any evidence of higher customer adoption of advanced modules would bolster the earnings algorithm into later quarters. Profitability signals beyond EBIT will be carefully parsed. The prior quarter’s negative net margin underscores the sensitivity of GAAP results to operating expense timing and non-cash items. Any indication that operating expenses are growing below revenue and that unit economics are improving should underpin the forecasted adjusted EPS progression to approximately 0.20. Commentary on sales cycle length, renewal rates, and cross-sell intensity will add context to the sustainability of 40%+ revenue growth. Balance-sheet flexibility is an incremental positive catalyst this quarter. The company has secured a 1.00 billion US dollars credit facility, comprising a term loan and a revolving credit line, which it indicated would be used to refinance a prior 550.00 million US dollars facility at lower spreads and to provide capacity for share repurchases and general corporate purposes. For equity holders, the potential for buybacks and enhanced M&A flexibility can support per-share metrics and strategic optionality. The pace of deployment and management’s capital allocation commentary will inform expectations for full-year EPS and free-cash-flow cadence.

Analyst Opinions

Across recent notes, the balance of opinion is decisively bullish. Counting discrete ratings over the past six months shows a substantial skew toward positive stances, with multiple reiterations and initiations at Buy compared with a single Hold; the prevailing ratio is approximately eight bullish views to one neutral view. The bullish contingent emphasizes accelerating top-line momentum, improving profitability, and product differentiation enabled by AI partnerships and platform capabilities. Needham, through analyst Scott Berg, maintained a Buy rating with a 25.00 US dollars target, citing the strategic significance of the company’s collaboration to enhance the platform’s AI layer and the potential for elevated enterprise adoption. RBC has reiterated Outperform on more than one occasion, with targets in the high-20s, pointing to continued revenue outperformance and a strengthening operating model. Roth MKM reiterated a Buy with a 44.00 US dollars target, highlighting upside potential from robust growth and monetization of advanced features. B. Riley Securities reaffirmed Buy with a 30.00 US dollars target, focusing on the scalability of the platform and visibility into multi-product expansion. Craig-Hallum maintained a Buy rating as well, underscoring sustained execution and improving profitability. William Blair has repeatedly reiterated an Outperform/Buy stance, noting that the differentiated AI-driven platform supports the growth and margin narrative. William O’Neil’s research also initiated at Buy, further reinforcing the positive skew in institutional views. These analysts converge around a few core points for the current quarter. First, revenue growth above 40% year over year is viewed as attainable based on pipeline indicators and the previous quarter’s beat-to-consensus dynamic. Second, the upward step in EBIT embedded in forecasts (57.87 million US dollars, +58.08% year over year) is considered consistent with expanding operating leverage if gross margin remains near the prior 59.01% level and expense growth stays disciplined. Third, platform enhancements—particularly AI decisioning and orchestration—are cited as catalysts for deeper customer penetration, higher attach rates, and improved unit economics, strengthening the path toward sustained EPS growth. Bullish institutions also point to the newly secured 1.00 billion US dollars credit facility as a supportive factor for shareholder value and strategic flexibility. Lower credit spreads and the option to allocate capital to share repurchases can lift per-share results, while M&A capacity may accelerate roadmap execution or expand total addressable customer use cases within the existing platform. In their view, this financial flexibility complements the organic growth engine by providing optionality to complement product-driven expansion with inorganic opportunities if attractive targets emerge. Looking specifically at the numbers investors will anchor to this quarter, the positive camp expects delivery near the 420.61 million US dollars revenue estimate with room for upside if enterprise ramps proceed without delay, particularly in new AI-enhanced modules. On margins, Buy-rated analysts generally expect stability to modest improvement at the gross line, supporting the forecasted EBIT step-up. For EPS, the 0.20 estimate implies cleaner operating leverage this quarter; if management’s expense discipline and monetization mix hold, the print could reinforce the view that the company is on a credible path toward sustainably positive GAAP profitability over time. In sum, the current majority view among institutions is bullish, attributing the company’s growth and margin trajectory to consistent execution, product differentiation supported by AI partnerships, and a strengthened balance sheet that can amplify per-share outcomes. The quarter’s key signposts—revenue in the low-400 million US dollars range, gross margin resilience relative to the prior 59.01%, EBIT in the high-50 million US dollars area, and EPS approaching 0.20—form the framework that bullish analysts will use to validate their stance and recalibrate targets for the second half of the year.