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ZoomInfo Technologies (GTM) FY2025 results: revenue $1.2 billion, up 2.9% on the year

ZoomInfo Technologies Inc. (GTM) reported revenue of $1.2 billion for fiscal 2025, the year ended 31 December 2025, up 2.9% on the year before. Net income was $124 million, up 326.8%, and diluted earnings per share $0.38. The figures are the company's own, from the 10-K it filed with the SEC on 12 February 2026.

Revenue
$1.2 billion
+2.9% on the year
FY2018FY2025
Operating margin
18.1%
8.0% a year earlier
FY2018FY2025
Net income
$124 million
+326.8% on the year
FY2018FY2025
Diluted EPS
$0.38
+375.0% on the year
FY2018FY2025

this yearthe year beforeHover a bar for its figure.

The year in brief

What management said about the year

Guidance figures: 9 new.

  • Revenue grew 3% in both periods: Fourth-quarter GAAP revenue was $319.1 million, up 3% from $309.1 million. Full-year GAAP revenue was $1,249.5 million, up 3% from $1,214.3 million.
  • Customers above $100K ACV increased: 1,921 customers had $100,000 or greater ACV, up 34 from the prior quarter and up 54 year over year. They now make up more than 50% of total ACV.
  • Adjusted operating margin rose to 38%: Adjusted operating margin was 38% in the quarter, against 37% a year earlier. For the full year it was 36%, up from 35%.
  • Quarterly operating cash flow up 32%: Cash flow from operations was $143.5 million in the quarter, up 32% year over year. Unlevered free cash flow was $135.2 million, up 44%.
  • 2025 buybacks retired 12% of shares: The company repurchased 40.5 million shares in 2025, 12% of shares outstanding, at an average of $10.06, for an aggregate $407.0 million.
Read the Q4 FY2025 earnings call summary

The four quarters: Q1 FY2025 · Q2 FY2025 · Q3 FY2025 · Q4 FY2025

Income statement (profit and loss)

$ millionFY2025FY2024FY2023On the yearLast 8 years
Revenue1,2501,2141,240+2.9%
Gross profit1,0501,0241,061+2.5%
Gross margin84.0%84.4%85.6%
Research and development182196192-7.2%
Operating income22697.4260+131.7%
Operating margin18.1%8.0%20.9%
Interest expense42.639.345.2+8.4%
Pre-tax income19431.3389+520.8%
Income tax70.12.2282+3,086.4%
Effective tax rate36.1%7.0%72.4%
Net income12429.1107+326.8%
Net margin9.9%2.4%8.7%
Diluted EPS$0.38$0.08$0.27+375.0%
$ million except per share.
Read moreFree cash flow is operating cash flow less capital expenditure; the effective tax rate is income tax over pre-tax income; margins are the line over revenue. Gross profit is revenue less cost of revenue, and operating income is revenue less the company's own total costs, where the statement does not print those lines. Those four are arithmetic on the filed numbers; everything else is as filed. Money is in $ million as the company files it, or in $ billion by the switch above the tables; per share figures and share counts are as they are.

Cash flow

$ millionFY2025FY2024FY2023On the yearLast 8 years
Operating cash flow465369435+26.0%
Capital expenditure76.164.926.5+17.3%
Free cash flow389304408+27.8%
Free cash flow margin31.2%25.1%32.9%
Cash from investing-80.813.424.4
Cash from financing-348-690-427
Depreciation and amortisation88.885.780.6+3.6%
Share-based compensation116138168-15.8%
Buybacks411566400-27.3%
Diluted shares, weighted324m362m397m-10.5%
Shares outstanding at period end307m342m385m-10.2%

Balance sheet

$ millionFY2025FY2024FY2023On the yearLast 8 years
Shareholders' equity1,5091,6942,119-10.9%
Debt1,3241,2281,232+7.8%
Operating lease liabilities23915189.9+58.2%
Other liabilities3,3683,3953,427-0.8%
Total liabilities and equity6,4406,4686,868-0.4%
Fixed assets16311365.1+44.4%
Goodwill1,6931,6931,6930.0%
Intangible assets217276335-21.2%
Investments4.00.082.2
Cash and equivalents176140447+25.7%
Receivables226246272-8.3%
Other assets3,9614,0003,975-1.0%
Total assets6,4406,4686,868-0.4%

10-K for the year ended 31 December 2025, filed 12 February 2026: the filing.