Zillow Group financials
$27.34−0.36%
Close Sep 29, 2026 · split-adjustedRevenue
Net income
Income statement & cash flow
| Quarter | Q2 '26 Jun 30 | Q1 '26 Mar 31 | Q4 '25 Dec 31 | Q3 '25 Sep 30 | Q2 '25 Jun 30 | Q1 '25 Mar 31 | Q4 '24 Dec 31 | Q3 '24 Sep 30 | Q2 '24 Jun 30 | Q1 '24 Mar 31 | Q4 '23 Dec 31 | Q3 '23 Sep 30 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $772.0M | $708.0M | $654.0M | $676.0M | $655.0M | $598.0M | $554.0M | $581.0M | $572.0M | $529.0M | $474.0M | $496.0M |
| Gross profit | $562.0M | $519.0M | $476.0M | $491.0M | $489.0M | $459.0M | $420.0M | $441.0M | $442.0M | $406.0M | $359.0M | $386.0M |
| Gross margin | 72.8% | 73.3% | 72.8% | 72.6% | 74.7% | 76.8% | 75.8% | 75.9% | 77.3% | 76.7% | 75.7% | 77.8% |
| Operating income | -$10.0M | $36.0M | -$11.0M | -$3.0M | -$11.0M | -$9.0M | -$69.0M | -$45.0M | -$38.0M | -$45.0M | -$107.0M | -$52.0M |
| Net income | -$4.0M | $46.0M | $3.0M | $10.0M | $2.0M | $8.0M | -$52.0M | -$20.0M | -$17.0M | -$23.0M | -$73.0M | -$28.0M |
| Net margin | −0.5% | 6.5% | 0.5% | 1.5% | 0.3% | 1.3% | −9.4% | −3.4% | −3.0% | −4.3% | −15.4% | −5.6% |
| Diluted EPS | $-0.02 | $0.19 | $0.01 | $0.04 | $0.01 | $0.03 | $-0.22 | $-0.08 | $-0.07 | $-0.10 | $-0.31 | $-0.12 |
| EBITDA | $85.0M | $107.0M | $59.0M | $72.0M | $51.0M | $61.0M | -$2.0M | $24.0M | $25.0M | $22.0M | -$93.0M | $3.0M |
| Operating cash flow | $11.0M | $200.0M | $72.0M | $105.0M | $87.0M | $104.0M | $122.0M | $171.0M | $55.0M | $80.0M | $86.0M | $75.0M |
| Free cash flow | -$25.0M | $166.0M | $44.0M | $73.0M | $50.0M | $68.0M | $88.0M | $138.0M | $18.0M | $41.0M | $52.0M | $40.0M |
| Diluted shares | 227.9M | 239.6M | 252.4M | 256.2M | 251.7M | 256.2M | 235.6M | 232.5M | 233.5M | 234.7M | 233.0M | 233.3M |
Balance sheet
| Period end | Jun 30 | Mar 31 | Dec 31 | Sep 30 | Jun 30 | Mar 31 |
|---|---|---|---|---|---|---|
| Cash & equivalents | $572.0M | $678.0M | $768.0M | $874.0M | $587.0M | $914.0M |
| Short-term investments | $110.0M | $105.0M | $527.0M | $515.0M | $571.0M | $689.0M |
| Total debt | $465.0M | $335.0M | $364.0M | $272.0M | $230.0M | $592.0M |
| Total assets | $5.30B | $5.23B | $5.68B | $5.70B | $5.42B | $5.75B |
| Total liabilities | $997.0M | $818.0M | $801.0M | $706.0M | $670.0M | $992.0M |
| Shareholders' equity | $4.31B | $4.41B | $4.88B | $4.99B | $4.75B | $4.75B |
From SEC filings via Massive. Fiscal periods follow the company's own calendar; free cash flow is operating cash flow minus capital expenditure.
Sources: Massive / Polygon daily aggregates (split-adjusted) · SEC filings via Massive · FINRA settlements via Massive · Financial Modeling Prep. Figures are dated where shown; research is informational, not investment advice. Methodology