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US marketing technology company providing an AI-driven customer data and marketing platform for enterprise advertisers.
US marketing technology company providing an AI-driven customer data and marketing platform for enterprise advertisers.
Customers sign annual contracts for the software and pay on top for usage, such as the volume of messages and ads sent and the audience data applied, so revenue grows as large customers move more marketing spend onto it. Co-founder David Steinberg remains chief executive.
Moat: narrow (data, switching costs). Proprietary opted-in consumer data feeds its AI targeting models, though the space is competitive and privacy-sensitive.
Headquarters: New York, US · Founded: 2007 · Employees: 3,300
Size Zeta Global (ZETA) is a United States Information Technology company (Packaged Software) with a market value of $7.79B, the 905th largest of 3,117 United States companies the cockpit tracks. Shares closed at $31.03 on 6 Nov 2026.
Performance Over six months the shares gained 81.0%, against +5.0% for the median peer and -1.1% for the United States market (cap-weighted) — 2nd highest of 21 in its peer set.
Growth Revenue grew 35.9% over the last twelve months (peer median +19.6%); the operating margin is 3.4% (peer median 11.2%).
Valuation It trades at 28.2× forward earnings against a peer median of 54.7× (4th cheapest of 20).
Price implies For today's price to make sense, revenue must grow about 50% a year for seven years (Req g). Recent delivered growth is +29%, so the hurdle is +21 pp: the price needs faster growth than the company has been delivering — of companies that just grew 25–50% a year, 93.8% slowed down over the next four years.
Capital Return on invested capital runs 5.9 points below its cost of capital (11.0% WACC).
Short interest Short interest is 7.0% of the free float (15 Oct 2026).
Next results Next results expected around 9 Nov 2026 (exchange calendar; dates can move).
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Revenue | $1.57B | $1.30B | $1.01B | $729M | $591M |
| Revenue growth | — | +30% | +38% | +23% | — |
| Gross profit | $851M | $719M | $550M | $403M | $324M |
| EBITDA | $137M | $101M | -$3.59M | -$113M | -$207M |
| Net income | -$2.17M | -$31.5M | -$69.8M | -$187M | -$279M |
| Free cash flow | $224M | $185M | $108M | $70.0M | $56.3M |
| Capital expenditure | $39.0M | $33.9M | $41.8M | $36.0M | $39.2M |
| Total debt | $220M | $218M | $196M | $184M | $184M |
The default views of Competitor Analysis ▸ Charts, drawn from the same data. Open them in the cockpit to change the axes, pin companies and read every value.
| Company | Market cap | 6M return | Revenue growth | Op. margin | Forward P/E | Req g |
|---|---|---|---|---|---|---|
| Zeta Global ZETA | $7.79B | +81% | +36% | 3% | 28.2× | 49.7% |
| Salesforce CRM | $176B | +18% | +11% | 22% | 14.6× | 13.7% |
| Adobe ADBE | $93.1B | -5% | +12% | 36% | 8.9× | 0.9% |
| Braze BRZE | $5.20B | +111% | +27% | -13% | 57.1× | 27.9% |
| Twilio TWLO | $31.3B | 0% | +19% | 8% | 30.7× | 38.2% |
Peer set: Industry: the same industry and sector in any market, nearest in size. This is the same default set the interactive Competitor Analysis opens with.
| Measure | ZETA | Peer median | Rank in peer set |
|---|---|---|---|
| 1-month return | -6.1% | -1.5% | 7th lowest of 21 |
| 6-month return | +81.0% | +5.0% | 2nd highest of 21 |
| Distance from 52-week high | -13.2% | -32.5% | 4th highest of 21 |
| Revenue growth (TTM) | +35.9% | +19.6% | 3rd highest of 21 |
| Operating margin | 3.4% | 11.2% | 10th lowest of 21 |
| Forward P/E | 28.2× | 54.7× | 4th cheapest of 20 |
| Growth the price implies (Req g, 7 yrs) | 49.7% | 18.8% | 3rd most demanding of 18 |
| Growth delivered (Del g) | +28.8% | +18.4% | 5th highest of 18 |
| Hurdle (Req g minus delivered) | +20.9 pp | -6.5 pp | 3rd most demanding of 18 |
| ROIC minus cost of capital | -5.9 pp | -6.8 pp | 9th highest of 19 |
| EV / EBITDA | 56.4× | 20.8× | most expensive of 11 |
| Net debt / EBITDA | -0.7× | -0.6× | 6th least indebted of 11 |
| Company | Market | Market cap | 6M return | Revenue growth | Op. margin | Forward P/E | Req g | Delivered g |
|---|---|---|---|---|---|---|---|---|
| Zeta Global ZETA | United States | $7.79B | +81% | +36% | 3% | 28.2× | 49.7% | +28.8% |
| Sangfor Technologies 300454.SZ | China | $7.84B | +5% | +21% | 2% | 71.4× | 46.1% | +6.9% |
| Oracle Corporation Japan 4716.T | Japan | $7.73B | +10% | +10% | 32% | 17.0× | -6.9% | +6.5% |
| Empyrean Technology 301269.SZ | China | $7.70B | +5% | +15% | -10% | 357.4× | n/a | n/a |
| ServiceTitan TTAN | United States | $7.89B | +36% | +23% | -13% | 55.6× | 20.7% | +27.1% |
| Horizon Robotics 9660.HK | Hong Kong | $7.61B | -48% | +46% | -101% | 159.5× | n/a | n/a |
| SentinelOne S | United States | $7.58B | +31% | +21% | -26% | 54.7× | 53.7% | +60.8% |
| Gitlab GTLB | United States | $8.01B | +85% | +23% | -8% | 55.0× | 18.8% | +44.4% |
| Clear Secure YOU | United States | $7.55B | -2% | +23% | 26% | 24.2× | 15.8% | +31.3% |
| Dropbox DBX | United States | $7.54B | +20% | 0% | 26% | 11.1× | -5.0% | +5.7% |
| Duolingo DUOL | United States | $7.51B | +49% | +23% | 12% | 52.6× | 19.8% | +45.0% |
| Descartes Systems DSG.TO | Canada | $8.10B | +32% | +12% | 33% | 37.9× | 4.4% | +16.8% |
| Technology One TNE.AX | Australia | $7.40B | +15% | +14% | 29% | 56.7× | 33.3% | +14.9% |
| InterDigital IDCC | United States | $7.35B | +2% | -12% | 45% | 41.4× | 13.4% | +18.4% |
| Kunlun Tech 300418.SZ | China | $7.33B | -21% | +48% | -21% | 1,291.3× | n/a | n/a |
| Xero XRO.AX | Australia | $8.36B | -13% | +27% | 13% | 66.7× | 25.9% | +25.3% |
| Snap SNAP | United States | $8.39B | -18% | +13% | -5% | 32.3× | 2.7% | +18.8% |
| Nemetschek NEM.DE | Germany | $8.39B | +10% | +13% | 26% | 29.9× | 11.1% | +14.8% |
| CSG Digital Power Grid Research Institute 301638.SZ | China | $8.52B | -37% | +18% | 10% | n/a | 18.0% | +8.2% |
| DigitalOcean DOCN | United States | $8.55B | -56% | +28% | 12% | 44.7× | 41.6% | +23.1% |
| 360 Security Technology 601360.SS | China | $8.63B | -26% | +7% | -4% | 172.6× | 55.2% | -5.7% |