Zedge (NYSE:ZDGE) announced its financial results for the first quarter of fiscal 2026, ended October 31, 2025.
The company reported revenue of $7.6 million, reflecting a 5.8% year-over-year increase.
Zedge achieved GAAP net income of $0.8 million, with GAAP diluted earnings per share (EPS) of $0.06.
Non-GAAP EPS stood at $0.07, and adjusted EBITDA was $1.2 million.
Active subscriptions reached a new milestone, with a record 1.075 million, up 54% year-over-year.
Additionally, average revenue per monthly active user (ARPMAU) rose by 29.2%.
However, the company experienced a decline in monthly active users (MAU), which fell 11.2%, and Zedge Premium gross transaction value (GTV) decreased by 3.7%.
Zedge also generated $0.6 million in free cash flow, which was impacted by timing and reinvestments during the quarter.
In addition to these strong financial results, Zedge repurchased approximately 240,000 shares and paid its first quarterly dividend.
The company highlighted early traction for its DataSeeds product, signaling potential for future growth.