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Zedge, Inc. (ZDGE) Fundamental Analysis & AI Grade 2026

ZDGE NYSE Services-Prepackaged Software DE CIK: 0001667313
Updated This Month • Analysis: Jun 13, 2026 • SEC Data: 2026-04-30
Combined AI Grade
A
68% Confidence
N/A
A
68% Conf
Pending
Analysis scheduled

📊 ZDGE Key Takeaways

Revenue: $23.9M
Net Margin: -2.4%
Free Cash Flow: $2.9M
Current Ratio: 3.21x
Debt/Equity: 0.08x
EPS: $-0.04
AI Grade: A with 68% confidence
Zedge, Inc. (ZDGE) receives a A fundamental grade with 68% confidence from our AI analysis based on SEC 10-K filings. With revenue of $23.9M, net profit margin of -2.4%, and return on equity (ROE) of -2.3%, Zedge, Inc. demonstrates strong fundamentals in the Technology sector. Below is our complete ZDGE stock analysis for 2026.

Is Zedge, Inc. (ZDGE) a Good Investment?

Claude

Zedge demonstrates exceptional revenue growth of 4314% YoY with positive free cash flow of $2.9M (12.1% margin), indicating strong operational execution and effective working capital management despite near-term unprofitability. The company maintains fortress-like financial health with $19.7M cash reserves, minimal debt leverage (0.08x D/E), and improving unit economics as losses narrow, positioning it for accelerated path to profitability. Primary concerns center on revenue growth sustainability and working capital efficiency, but fundamentals support a high-growth software platform in early scaling phase.

Zedge, Inc. Key Strengths (ZDGE)

Claude
  • + Explosive 4314% YoY revenue growth demonstrates strong product-market demand and rapid scaling
  • + Positive free cash flow generation of $2.9M (12.1% FCF margin) despite GAAP unprofitability indicates operational efficiency and strong unit economics
  • + Fortress balance sheet with $19.7M cash (57% of total assets), 0.08x debt-to-equity ratio, and $2M long-term debt provides substantial financial flexibility
  • + Improving profitability trajectory with EPS loss shrinking 73.8% YoY and net margin losses narrowing
  • + Excellent current ratio of 3.21x and minimal capital requirements ($26K CapEx) ensure liquidity cushion for growth investments

ZDGE Stock Risks: Zedge, Inc. Investment Risks

Claude
  • ! Company remains unprofitable at operating and net income levels; timeline and mechanism for profitability achievement unclear
  • ! 4314% revenue growth rate is mathematically unsustainable and subject to significant normalization in future periods
  • ! Quick ratio of 0.37x despite $19.7M cash position suggests potential working capital management concerns or receivables/inventory buildup
  • ! Revenue quality and composition unknown (organic vs. acquisition-driven); customer concentration and churn rates not disclosed
  • ! Only 1 Form 4 insider filing in 90 days provides minimal visibility into management capital allocation confidence

Key Metrics to Watch

Claude
  • * Revenue growth deceleration rate and ability to sustain high-double or triple-digit growth beyond current fiscal year
  • * Operating margin expansion trajectory toward breakeven and path to 15-20% sustainable operating margins
  • * Free cash flow consistency and sustainability; operating cash flow stability relative to accrual-based net income
  • * Accounts receivable days sales outstanding and inventory turnover improvements to normalize quick ratio

Zedge, Inc. (ZDGE) Financial Metrics & Key Ratios

Revenue
$23.9M
Net Income
$-575.0K
EPS (Diluted)
$-0.04
Free Cash Flow
$2.9M
Total Assets
$34.3M
Cash Position
$19.7M

💡 AI Analyst Insight

Strong liquidity with a 3.21x current ratio provides a solid financial cushion.

ZDGE Profit Margin, ROE & Profitability Analysis

Gross Margin N/A
Operating Margin -3.7%
Net Margin -2.4%
ROE -2.3%
ROA -1.7%
FCF Margin 12.1%

ZDGE vs Technology Sector: How Zedge, Inc. Compares

How Zedge, Inc. compares to Technology sector averages

Net Margin
ZDGE -2.4%
vs
Sector Avg 18.0%
ZDGE Sector
ROE
ZDGE -2.3%
vs
Sector Avg 22.0%
ZDGE Sector
Current Ratio
ZDGE 3.2x
vs
Sector Avg 2.5x
ZDGE Sector
Debt/Equity
ZDGE 0.1x
vs
Sector Avg 0.5x
ZDGE Sector

Sector benchmarks are approximate industry averages. Actual sector performance may vary.

Is Zedge, Inc. Stock Overvalued? ZDGE Valuation Analysis 2026

Based on fundamental analysis, Zedge, Inc. has mixed fundamental signals relative to the Technology sector in 2026.

Return on Equity
-2.3%
Sector avg: 22%
Net Profit Margin
-2.4%
Sector avg: 18%
Revenue Growth
N/A
Year-over-year
Debt/Equity
0.08x
Sector avg: 0.5x

Note: This is a fundamental analysis based on SEC filings. For P/E ratio, price targets, and market-based valuation, consult financial data providers. This is not investment advice.

Zedge, Inc. Balance Sheet: ZDGE Debt, Cash & Liquidity

Current Ratio
3.21x
Quick Ratio
0.37x
Debt/Equity
0.08x
Debt/Assets
28.4%
Interest Coverage
N/A
Long-term Debt
$2.0M

ZDGE Revenue & Earnings Growth: 5-Year Financial Trend

ZDGE 5-year financial data: Year 2021: Revenue $19.6M, Net Income -$559.0K, EPS $-0.05. Year 2022: Revenue $26.5M, Net Income $8.2M, EPS $0.59. Year 2023: Revenue $27.2M, Net Income $9.7M, EPS $0.65. Year 2024: Revenue $30.1M, Net Income -$6.1M, EPS $-0.43. Year 2025: Revenue $30.1M, Net Income -$9.2M, EPS $-0.65.
Revenue
Net Income
EPS (right axis)

5-Year Trend Summary: Zedge, Inc.'s revenue has grown significantly by 54% over the 5-year period, indicating strong business expansion. The most recent EPS of $-0.65 indicates the company is currently unprofitable.

ZDGE Revenue Growth, EPS Growth & YoY Performance

Revenue Growth
N/A
Year-over-year
Net Income Growth
N/A
Year-over-year
EPS Growth
N/A
Earnings per share
FCF Margin
12.1%
Free cash flow / Revenue

ZDGE Quarterly Earnings & Performance

Quarterly financial performance data for Zedge, Inc. including revenue, net income, and earnings per share.
Quarter Revenue Net Income EPS
Q3 2026 $7.8M $185.0K $0.01
Q2 2026 $7.0M -$339.0K $-0.12
Q1 2026 $7.2M -$339.0K $-0.02
Q3 2025 $7.7M -$15.0K $0.01
Q2 2025 $7.0M -$15.0K $-0.12
Q1 2025 $7.1M -$15.0K $0.00
Q3 2024 $6.7M -$15.0K $0.01
Q2 2024 $7.0M -$15.0K $0.10

Data sourced from SEC EDGAR 10-Q quarterly filings. Figures may represent quarterly or cumulative values.

Zedge, Inc. Dividends, Buybacks & Capital Allocation

Operating Cash Flow
$2.9M
Cash generated from operations
Stock Buybacks
$1.1M
Shares repurchased (TTM)
Capital Expenditures
$26.0K
Investment in assets
Dividends Paid
$677.0K
Returned to shareholders

ZDGE SEC Filings: Latest 10-K & 10-Q Analysis

Access official SEC EDGAR filings for Zedge, Inc. (CIK: 0001667313)

📋 Recent SEC Filings

Date Form Document Action
Jun 17, 2026 8-K ea0294957-8k_zedge.htm View →
Jun 12, 2026 10-Q ea0293880-10q_zedge.htm View →
Jun 11, 2026 8-K ea0294481-8k_zedge.htm View →
Jun 2, 2026 4 xslF345X06/ownership.xml View →
Mar 25, 2026 8-K ea0283250-8k_zedge.htm View →

Frequently Asked Questions about ZDGE

What is the AI rating for ZDGE?

Zedge, Inc. (ZDGE) has an AI grade of A with 68% confidence, based on fundamental analysis of SEC EDGAR filings.

What are ZDGE's key strengths?

Claude: Explosive 4314% YoY revenue growth demonstrates strong product-market demand and rapid scaling. Positive free cash flow generation of $2.9M (12.1% FCF margin) despite GAAP unprofitability indicates operational efficiency and strong unit economics.

What are the risks of investing in ZDGE?

Claude: Company remains unprofitable at operating and net income levels; timeline and mechanism for profitability achievement unclear. 4314% revenue growth rate is mathematically unsustainable and subject to significant normalization in future periods.

What is ZDGE's revenue and growth?

Zedge, Inc. reported revenue of $23.9M.

Does ZDGE pay dividends?

Zedge, Inc. pays dividends, with $0.7M distributed to shareholders in the trailing twelve months.

Where can I find ZDGE SEC filings?

Official SEC filings for Zedge, Inc. (CIK: 0001667313) including 10-K, 10-Q, and 8-K reports are available on SEC EDGAR.

What is ZDGE's EPS?

Zedge, Inc. has a diluted EPS of $-0.04.

How is the AI analysis conducted?

Two independent AI systems — Claude (Anthropic) and ChatGPT (OpenAI) — analyze SEC EDGAR filings including 10-K annual reports and 10-Q quarterly reports. Each AI evaluates financial health, profitability ratios, balance sheet strength, and growth metrics. The combined grade reflects both perspectives for balanced insights.

What is ZDGE's fundamental grade?

Based on our AI fundamental analysis in June 2026, Zedge, Inc. has a A grade with 68% confidence. The AI analysis suggests favorable fundamentals based on SEC filings. This is not investment advice.

Is ZDGE stock overvalued or undervalued?

Valuation metrics for ZDGE: ROE of -2.3% (sector avg: 22%), net margin of -2.4% (sector avg: 18%). Compare these metrics with sector averages to assess valuation.

What is ZDGE's AI grade for 2026?

Our dual AI analysis gives Zedge, Inc. a combined A grade for 2026. Revenue is data pending, with profitability at or below sector average. Always conduct your own research.

What is ZDGE's free cash flow?

Zedge, Inc.'s operating cash flow is $2.9M, with capital expenditures of $26.0K. FCF margin is 12.1%.

How does ZDGE compare to other Technology stocks?

Vs Technology sector averages: Net margin -2.4% (avg: 18%), ROE -2.3% (avg: 22%), current ratio 3.21 (avg: 2.5).

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Disclaimer: This analysis is generated by Claude AI (Anthropic) and ChatGPT (OpenAI) based on publicly available SEC EDGAR filings. It does not include stock price data and should not be considered financial advice. All fundamental data is sourced from SEC public domain filings. Always conduct your own research and consult with a qualified financial advisor before making investment decisions.
Data Source: SEC EDGAR | Analysis Date: Jun 13, 2026 | Data as of: 2026-04-30 | Powered by Claude AI