ZoomInfo Technologies Inc. Earnings Per Share Disclosure
Year Ended December 31, | |||||||||||||||||
| (in millions, except shares and per share amounts) | 2025 | 2024 | 2023 | ||||||||||||||
| Basic net income per share attributable to common stockholders | |||||||||||||||||
| Numerator: | |||||||||||||||||
| Net income | $ | 124.2 | $ | 29.1 | $ | 107.3 | |||||||||||
| Denominator: | |||||||||||||||||
| Weighted average number of shares of common stock outstanding | 324,014,369 | 361,953,130 | 396,987,015 | ||||||||||||||
| Basic net income per share attributable to common stockholders | $ | 0.38 | $ | 0.08 | $ | 0.27 | |||||||||||
| Diluted net income per share attributable to common stockholders | |||||||||||||||||
| Numerator: | |||||||||||||||||
| Net income | $ | 124.2 | $ | 29.1 | $ | 107.3 | |||||||||||
| Denominator: | |||||||||||||||||
| Number of shares used in basic computation | 324,014,369 | 361,953,130 | 396,987,015 | ||||||||||||||
| Add: weighted-average effect of dilutive securities exchangeable for common stock: | |||||||||||||||||
| Restricted stock awards | — | 62,996 | 323,619 | ||||||||||||||
| Exercise of common stock options | — | — | 25,630 | ||||||||||||||
| Employee Stock Purchase Plan | — | 173,018 | 144,167 | ||||||||||||||
| Weighted average shares of common stock outstanding used to calculate diluted net income per share | 324,014,369 | 362,189,144 | 397,480,431 | ||||||||||||||
| Diluted net income per share attributable to common stockholders | $ | 0.38 | $ | 0.08 | $ | 0.27 | |||||||||||
| Year Ended December 31, | |||||||||||||||||
| 2025 | 2024 | 2023 | |||||||||||||||
| Restricted stock units | 15,914,276 | 15,341,169 | 13,179,013 | ||||||||||||||
| CEO Premium-Priced Performance Option | 9,678,000 | — | — | ||||||||||||||
| Exercise of common stock options | 208,367 | 162,484 | — | ||||||||||||||
| Total anti-dilutive securities | 25,800,643 | 15,503,653 | 13,179,013 | ||||||||||||||
About Earnings Per Share Disclosures
The earnings per share disclosure breaks down the calculation from net income to both basic and diluted EPS, revealing the full impact of a company's capital structure on per-share economics. The reconciliation between basic and diluted share counts exposes how many stock options, RSUs, convertible securities, and warrants are potentially dilutive to existing shareholders.
Key signals: a widening gap between basic and diluted shares indicates growing dilution from equity compensation or convertible instruments. Anti-dilutive securities excluded from the diluted calculation deserve attention — they represent latent dilution that will materialize if the stock price rises. Watch for the effect of share buybacks on per-share metrics: EPS growth driven primarily by repurchases rather than income growth signals weakening fundamentals. Compare year-over-year changes in the diluted share count against equity compensation expense to assess whether management is effectively managing dilution.