A company still losing money with growing sales, with elevated risk. Institutions are adding.
Going well
Sales up 44% in the latest quarter vs a year ago
Sales up 30% last year
Little debt
Watch out for
Share count growing 18.4% a year (dilution)
Losing money
2 offering filings in 6 months (may sell new shares)
Money moves
No insider buying or selling in the last 30 days
Institutions added 4% to their holdings in the quarter ending June 2026 (238 bought, 170 sold)
Held by George Soros (Soros Fund)
Facts from SEC filings, not a recommendation.
What the price means
Price as of Oct 26
$33.70-0.8% that day
Company value
$8.6B
Share price times all shares
Price vs sales
5.5x
No profit over the last year, so this compares value with sales instead
Cash vs value
4%
Cash as a share of company value
Debt vs value
2%
Debt as a share of company value
From ZETA's last IEX trade and its SEC filings (profits and sales over the last four quarters). A starting point for research, not a verdict.
The business over time
Last 12 quarters, from SEC filings
Sales, Jun '26
$442.8M+44% vs a year earlier
Sep '23Tap a barJun '26
Last 12 months: $1.6B, up 36% from the 12 months before. Over 5 years, sales grew about 29% a year.
What the price assumes
Your guesses, our math
Move the sliders to your own view of ZETA. Starting points are the company's recent numbers (it isn't profitable yet, so the margin starts at a 10% guess).
Sales in 5 years$5.8B
Profit in 5 years$583M
Price these guesses point to$21.17-37% vs $33.70 todayAbout -8.9% a year, before dividends
What today's price needs: with a 10% margin and a 15x P/E, sales would have to grow about 43% a year for 5 years just to match today's price.
Simple math on your guesses, not a forecast or a price target. Real results depend on many things these sliders leave out.
The checklist Warren Buffett-style investors use. Annual numbers for 2025.
2/6Weak
MissReturn on equity 15%+Earns a lot on the money owners have in the business.-4.3%
PassDebt under half of equityNot relying on borrowed money.0.24x equity
MissNet margin 10%+Keeps at least 10 cents of profit from each dollar of sales.-2.4%
MissProfitable every yearSteady profits, not one good year.0 of 7 years
PassFree cash flow positiveBrings in more cash than it spends to run and grow.$185.1M
MissShare count not growingNot diluting owners. Falling means buybacks.+66.0% in 3 years
Revenue
$1.3B
+29.7% vs prior year
5-year growth
+28.8%/yr
revenue, per year
Total debt
$197.1M
0.24x equity
Current ratio
1.60x
short-term assets / bills due
From annual reports filed with the SEC. Not in this company's SEC data, so not scored: gross margin 40%+. A checklist is a starting point for research, not a verdict.
Latest quarter
Quarter ended Jun 30, 2026
Reported Aug 4
Revenue
$442.8M
+43.5% YoY
EPS
$0.03
vs -$0.06
Op. margin
3.8%
+5.5 pts
Gross margin
59.1%
-3.0 pts
Free cash flow
$64.4M
Share count
+18.1%
vs a year ago
Insider rating
Last 90 days
No open-market insider buys or sells in the last 90 days.
Weekly insider trend
No trades to chart yet.
Filing buzz
Last 7 days vs normal
82/ 100
This week
5
Normal week
1.1
vs normal
4.6x
SEC filings of any kind. 50 means a normal week.
Institutional ownership
▲Accumulating+4.0%
Institutions added 4.0% to their holdings. 238 bought, 170 sold.
Shares held by institutions188.0M
Sep '24Jun '26
Safety check
From SEC filings
Share count growthYearly rate, last 3 years
+18.4%
Cash runwayAt last year's cash burn
Cash flow positive
Debt to equityLatest balance sheet: debt compared with what owners have
0.2x · $197.5M debt
Shares outstandingLatest reported
257M
Why elevated risk
Losing money
Share count growing 18.4% a year (dilution)
2 offering filings in 6 months (may sell new shares)