Zedge reported a return to growth in revenue at 6% for the first quarter of fiscal 2026.
The company achieved a record active subscriptions of 1.1 million, marking a 54% increase year-over-year.
Subscription revenue and ARPMAU both grew by 29% year-over-year, showcasing positive performance in these key areas.
Revenue Growth
Revenue increased by 5.8% to $7.6 million in the first quarter of fiscal 2026.
Financial Performance
GAAP net income and EPS reached $0.8 million and $0.06, respectively, showing improvement from the previous year.
Free Cash Flow
Zedge generated free cash flow of $0.6 million and adjusted EBITDA of $1.2 million during the quarter.
- Zedge's improved ARPMAU and subscription gains indicate a healthy core engine, highlighting the company's resilience in the digital marketplace.
- The positive financial results, including net income growth and free cash flow generation, demonstrate Zedge's strategic initiatives and operational efficiency.
Zedge's strong start in fiscal 2026 signifies a promising trajectory, with a focus on innovation and growth opportunities. The company's financial performance and market resilience position it well for the upcoming quarters.