ZETA · Zeta Global Holdings Corp.

Zeta Global delivered exceptional Q1 2026 results, with $396 million in revenue — a 50% year-over-year increase that exceeded the prior guidance midpoint by $26 million. This acceleration was driven by broad-based strength across its customer base, particularly among Super-Scaled Customers (189, +19% Y/Y), whose average revenue per user rose 21% Y/Y to $1.7 million — confirming deepening engagement and platform consolidation. Management attributed the outperformance to the April 2026 general availability of Athena by Zeta, its new AI operating system, which generated over 60% of AI platform usage and enabled more than seven times the agent interactions in its first week. The company raised full-year 2026 revenue guidance by $30 million to a $1,785 million midpoint (37% Y/Y growth), marking its 19th consecutive beat-and-raise quarter — a rare streak underscoring consistent execution and growing market share in the AI marketing cloud replacement cycle. Profitability metrics also improved: adjusted EBITDA guidance for FY2026 was raised to $397.3 million midpoint (42–43% Y/Y growth) with margins expanding to 22.1–22.4%, while free cash flow guidance rose to $235 million midpoint (42–43% Y/Y growth) and GAAP net income is now expected to be positive for the full year. CEO Steinberg emphasized the proprietary data-intelligence-platform flywheel and CFO Greiner highlighted the structural shift toward AI-native platforms as key demand drivers — positioning Zeta not just as a vendor but as the consolidating infrastructure layer for enterprise marketing operations.