Earnings Summary: Highlights of Zedge’s (ZDGE) Q1 2026 report

Content distribution platform Zedge, Inc. (NYSE American: ZDGE) has reported financial results for the first quarter of fiscal 2026. The company’s active subscriptions reached a record high during the quarter.

• Zedge’s total revenue increased 5.8% year-over-year to $7.6 million in the first quarter of fiscal 2026
• Active subscriptions reached a record 1.1 million in Q1, up 54% year-over-year; subscription revenue grew 29%
• Average Revenue Per Monthly Active User climbed 29% year-over-year during the three months
• Net income was $0.8 million or $0.06 per share in Q1, compared to a loss of $0.3 million or $0.02 per share last year
• Adjusted net income was $0.9 million or $0.07 per share in the October quarter, compared to break-even last year
• Free cash flow came in at $0.6 million in the first quarter; adjusted EBITDA was $1.2 million