Zeta Global Posts 25% Q4 Revenue Growth, EBITDA Margin Jumps to 24.1%
Zeta Global delivered its 18th consecutive beat-and-raise quarter with Q4 revenue of $395 million, up 25% year-on-year, exceeding guidance midpoint by $14 million. Adjusted EBITDA rose to $95.1 million with margin expanding to 24.1% from 22.4%, and the company reported positive GAAP net income of $6.5 million.
1. Q4 and Full-Year Revenue Growth
Zeta Global reported Q4 revenue of $395 million, up 25% year-on-year, surpassing the midpoint of its guidance by $14 million. Full-year revenue reached $1.305 billion, a 30% increase from the prior year, reflecting strong demand for its AI marketing platform.
2. Adjusted EBITDA and Profitability
In Q4, adjusted EBITDA climbed to $95.1 million from $70.4 million, pushing the margin to 24.1% versus 22.4% in the prior-year period. For the full year, adjusted EBITDA totaled $278.7 million with margins expanding to 21.4% from 19.2%, and the company reported GAAP net income of $6.5 million in the quarter.
3. Customer Growth Metrics
The Super-Scaled Customer count rose 24% year-on-year to 184, underscoring expanding enterprise adoption of Zeta’s AI-powered platform. Growth in average revenue per user and customer scale contributed to the beat-and-raise streak.
4. Analyst Reaction and Outlook
Following the earnings release, an analyst raised its price target to $30 from $29 and reiterated a Buy rating, citing sustained customer growth and ARPU expansion. The modest upgrade reflects continued confidence in Zeta’s momentum heading into 2026.