Zeta Global Holdings Corp. Leases Disclosure
NOTE 15. Leases
The Company maintains leased offices and data center space in the United States of America, India, Denmark, Netherlands, Czech Republic, France and Germany.
The balance for right-to-use assets and lease liabilities are as follows:
Operating Leases |
|
As of December 31, 2025 |
|
|
As of December 31, 2024 |
|
||
Right-to-use assets - operating leases, net |
|
$ |
19,101 |
|
|
$ |
8,806 |
|
|
$ |
8,944 |
|
|
$ |
3,631 |
|
|
|
$ |
11,715 |
|
|
$ |
7,139 |
|
|
* Current portion of long-term operating lease liabilities and long-term operating lease liabilities are included in other current liabilities and other non-current liabilities, respectively, in the consolidated balance sheets.
Supplemental information related to operating leases is as follows:
Particulars |
|
For the year ended December 31, 2025 |
|
|
Total operating lease cost |
|
$ |
7,413 |
|
Other short-term lease cost |
|
$ |
863 |
|
Cash paid for amounts included in the measurement of lease liabilities |
|
$ |
7,807 |
|
Right-to-use assets obtained in exchange for new operating lease liabilities |
|
$ |
16,390 |
|
Weighted-average remaining lease term (years) — operating leases |
|
|
2.62 |
|
Weighted-average discount rate — operating leases |
|
|
6.5 |
% |
Minimum lease obligations - future minimum payments under all operating leases as of December 31, 2025 are as follows:
2026 |
|
$ |
9,966 |
|
2027 |
|
|
7,135 |
|
2028 |
|
|
3,529 |
|
2029 |
|
|
1,396 |
|
2030 |
|
|
417 |
|
2031 and thereafter |
|
|
— |
|
Total undiscounted lease commitments |
|
$ |
22,443 |
|
Less: Imputed interest |
|
|
(1,784 |
) |
|
$ |
20,659 |
|
Historical Timeline
| Fiscal Year | Filed | |
|---|---|---|
| 2025 | Feb 25, 2026 | Showing above |
| 2024 | Feb 26, 2025 | |
| 2023 | Feb 28, 2024 | |
| 2022 | Feb 24, 2023 | |
About Leases Disclosures
Lease disclosures under ASC 842 provide a comprehensive view of a company's leased asset portfolio, including the split between operating and finance leases, discount rates used to present-value future payments, and the maturity schedule of lease obligations. This section reveals a significant source of off-balance-sheet commitments that were largely hidden before the current standard.
Key signals: the weighted-average discount rate affects the size of recorded lease liabilities — a higher rate reduces the reported obligation, so compare the chosen rate against the company's incremental borrowing rate. The operating versus finance lease mix affects both EBITDA and operating income presentation. Watch the maturity table for concentration risk: large payment cliffs in specific years may create cash flow pressure. Variable lease payments excluded from the liability measurement represent real obligations that do not appear on the balance sheet. Compare total lease costs against prior-year operating lease expense to assess the true economic burden.