Zillow Group, Inc. Class C logo

Zillow Group, Inc. Class C

Z

NASDAQCommunication ServicesInternet Content & Information

Regular session

$36.825

+$0.945 · +2.63%

Aug 24, 11:01 AM ET

Z company overview

Regular session · ET · Market data may be delayed.

GoAI snapshot

AI-powered factor overview

Jul 10, 2026

GoAI score

Hold

Wait — insufficient conviction to act

Valuation

67

Undervalued

Momentum

23

Weakening

Sentiment

49

Mixed

Risk resilience

35

High Risk

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Company profile

Company website

Zillow Group, Inc. functions as a prominent digital real estate enterprise, offering a variety of real estate platforms accessible through mobile applications and websites throughout the United States. The company's operations are divided into three principal segments: Homes, Internet, Media & Technology (IMT), and Mortgages. The Homes division facilitates the resale of properties and delivers extensive title and escrow services to both property purchasers and sellers, encompassing title examination for insurance, escrow administration, and other essential closing procedures. The IMT segment provides marketplaces for premier agents, rental properties, and new construction, in addition to offerings like dotloop, diverse advertising solutions, and specialized business software. Through its Mortgage segment, Zillow offers home financing options and marketing products, including personalized quotes and connection services. Its comprehensive brand portfolio features well-known names such as Zillow Rentals, Trulia, StreetEasy, Zillow Closing Services, HotPads, and Out East. Established in 2004, Zillow Group's corporate headquarters are situated in Seattle, Washington.

Industry
Internet Content & Information
Sector
Communication Services
Headquarters
US
CEO
Jeremy Wacksman
Listed since
Aug 3, 2015
Employees
7,068

Market position

Day range

Current $36.825

52-week range

Current $36.825

Open
$35.67
Previous close
$35.88
Volume
705.45K
0.17× average
Average volume
4.06M
Average daily volume
Market cap
8.85B USD
Beta
1.98
Market reference 1
50-day average
$33.0427
+11.45% above average
200-day average
$48.6406
-24.29% below average

Financials

Financial snapshot

Latest / TTM

Valuation & yield

Enterprise value
16.27B USD
EV / EBITDA
48.42×
Earnings yield
0.14%
Free cash flow yield
1.42%

Profitability & efficiency

Return on equity
0.47%
Return on assets
0.40%
Return on invested capital
-0.55%

Financial health

Current ratio
3.13×

Financial statements

Margin trends

Profitability as a percentage of reported revenue.

Gross marginOperating marginNet margin
Gross, operating, and net margin trends96%52%8%-36%Gross margin, FY2021: 84.85%Gross margin, FY2022: 81.26%Gross margin, FY2023: 78.35%Gross margin, FY2024: 76.43%Gross margin, FY2025: 74.14%Operating margin, FY2021: 11.21%Operating margin, FY2022: -4.75%Operating margin, FY2023: -13.88%Operating margin, FY2024: -8.81%Operating margin, FY2025: -1.24%Net margin, FY2021: -24.77%Net margin, FY2022: -5.16%Net margin, FY2023: -8.12%Net margin, FY2024: -5.01%Net margin, FY2025: 0.89%FY2021FY2022FY2023FY2024FY2025
Gross margin FY2021 84.85%. Gross margin FY2022 81.26%. Gross margin FY2023 78.35%. Gross margin FY2024 76.43%. Gross margin FY2025 74.14%. Operating margin FY2021 11.21%. Operating margin FY2022 -4.75%. Operating margin FY2023 -13.88%. Operating margin FY2024 -8.81%. Operating margin FY2025 -1.24%. Net margin FY2021 -24.77%. Net margin FY2022 -5.16%. Net margin FY2023 -8.12%. Net margin FY2024 -5.01%. Net margin FY2025 0.89%.

Income trends

Revenue

2.58B USD+15.52%

Operating income

−32M USD+83.76%

Net income

23M USD+135M USD
Income trends across reported periods2.89B USD1.65B USD405.3M USD−839.1M USDRevenue, FY2021: 2.13B USDRevenue, FY2022: 1.96B USDRevenue, FY2023: 1.95B USDRevenue, FY2024: 2.24B USDRevenue, FY2025: 2.58B USDOperating income, FY2021: 239M USDOperating income, FY2022: −93M USDOperating income, FY2023: −270M USDOperating income, FY2024: −197M USDOperating income, FY2025: −32M USDNet income, FY2021: −528M USDNet income, FY2022: −101M USDNet income, FY2023: −158M USDNet income, FY2024: −112M USDNet income, FY2025: 23M USDFY2021FY2022FY2023FY2024FY2025
Revenue FY2021 2.13B USD. Revenue FY2022 1.96B USD. Revenue FY2023 1.95B USD. Revenue FY2024 2.24B USD. Revenue FY2025 2.58B USD. Operating income FY2021 239M USD. Operating income FY2022 −93M USD. Operating income FY2023 −270M USD. Operating income FY2024 −197M USD. Operating income FY2025 −32M USD. Net income FY2021 −528M USD. Net income FY2022 −101M USD. Net income FY2023 −158M USD. Net income FY2024 −112M USD. Net income FY2025 23M USD.
Metric (USD)FY2025FY2024FY2023FY2022FY2021
Revenue2.58B USD2.24B USD1.95B USD1.96B USD2.13B USD
Cost of goods sold668M USD527M USD421M USD367M USD323M USD
Gross profit1.92B USD1.71B USD1.52B USD1.59B USD1.81B USD
Research and development607M USD585M USD560M USD498M USD421M USD
Selling, general, and administrative1.34B USD1.31B USD1.21B USD1.16B USD1.13B USD
Operating expenses1.95B USD1.91B USD1.79B USD1.68B USD1.57B USD
Interest expense18M USD36M USD36M USD35M USD128M USD
Depreciation and amortization293M USD250M USD243M USD180M USD153M USD
Operating income−32M USD−197M USD−270M USD−93M USD239M USD
Net income23M USD−112M USD−158M USD−101M USD−528M USD

Company facts updated Aug 24, 2026.

Earnings

EPS beat rate
73%
8 beats, 2 misses, 1 met estimate
Average EPS surprise
+16.95%
11 comparable reports
Latest EPS result
0.52
Estimate 0.45 · Beat by 16.62%

EPS: actual versus estimate

Recent quarterly results

ActualEstimate
Quarterly EPS actual values compared with estimates0.620.490.350.22Q1 '25BeatQ2 '25BeatQ3 '25MissQ4 '25BeatQ1 '26MissQ2 '26BeatQ3 '26BeatQ4 '26Estimate
Q1 2025, reported Feb 11, 2025: actual 0.27, estimate 0.26, surprise +3.85%, Beat. Q2 2025, reported May 7, 2025: actual 0.41, estimate 0.37, surprise +10.87%, Beat. Q3 2025, reported Aug 6, 2025: actual 0.4, estimate 0.424, surprise -5.62%, Miss. Q4 2025, reported Oct 30, 2025: actual 0.44, estimate 0.428, surprise +2.78%, Beat. Q1 2026, reported Feb 10, 2026: actual 0.39, estimate 0.42, surprise -7.14%, Miss. Q2 2026, reported May 6, 2026: actual 0.53, estimate 0.43, surprise +23.26%, Beat. Q3 2026, reported Aug 5, 2026: actual 0.52, estimate 0.446, surprise +16.62%, Beat. Q4 2026, reported Oct 29, 2026: actual —, estimate 0.58, surprise —, Comparison unavailable.

Revenue: actual versus estimate

Recent quarterly results

ActualEstimate
Quarterly Revenue actual values compared with estimates802.88M707.3M611.72M516.15MQ1 '25BeatQ2 '25BeatQ3 '25BeatQ4 '25BeatQ1 '26BeatQ2 '26BeatQ3 '26BeatQ4 '26Estimate
Q1 2025, reported Feb 11, 2025: actual 554M USD, estimate 547.03M USD, surprise +1.27%, Beat. Q2 2025, reported May 7, 2025: actual 598M USD, estimate 589.15M USD, surprise +1.50%, Beat. Q3 2025, reported Aug 6, 2025: actual 655M USD, estimate 647.99M USD, surprise +1.08%, Beat. Q4 2025, reported Oct 30, 2025: actual 676M USD, estimate 670.84M USD, surprise +0.77%, Beat. Q1 2026, reported Feb 10, 2026: actual 654M USD, estimate 650.44M USD, surprise +0.55%, Beat. Q2 2026, reported May 6, 2026: actual 708M USD, estimate 705.1M USD, surprise +0.41%, Beat. Q3 2026, reported Aug 5, 2026: actual 772M USD, estimate 758.1M USD, surprise +1.83%, Beat. Q4 2026, reported Oct 29, 2026: actual —, estimate 756.04M USD, surprise —, Comparison unavailable.

Analyst ratings

Third-party consensus; not a GoAI recommendation.

Analyst price target

Average target

$60.33

63.83% upside
Past 12 months12-month forecastHigh $68.00Average $60.33Low $53.00

Rating distribution

46 ratings
Strong buy00%
Buy2146%
Hold2350%
Sell24%
Strong sell00%

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