Zillow Group, Inc. Class A logo

Zillow Group, Inc. Class A

ZG

NASDAQCommunication ServicesInternet Content & Information

Previous close

$36.78

+$0.21 · +0.57%

Aug 21, 4:00 PM ET

Pre-market

$36.62

−$0.16 · -0.44%

Aug 24, 4:30 AM ET

ZG 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

20

Strong Down

Sentiment

50

Mixed

Risk resilience

32

High Risk

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Company profile

Company website

Zillow Group, Inc. is a prominent digital real estate enterprise that manages a variety of property-related brands accessible via mobile applications and websites throughout the United States. Its operations are organized into three primary divisions: Homes, Internet, Media & Technology (IMT), and Mortgages. The Homes segment focuses on the buying and selling of properties, alongside providing essential title and escrow services to both purchasers and vendors. These services encompass conducting title searches for insurance policies, managing escrow, and handling other closing procedures. The IMT division offers digital marketplaces designed for premier real estate agents, rental properties, and newly constructed homes. It also provides various advertising solutions, including dotloop and display ads, in addition to a suite of business software offerings. Through its Mortgage segment, Zillow supplies home financing options and offers marketing tools like personalized quotes and connection services. The company's extensive brand portfolio features well-known names such as Zillow Rentals, Trulia, StreetEasy, Zillow Closing Services, HotPads, and Out East. Established in 2004, Zillow Group maintains its corporate headquarters in Seattle, Washington.

Industry
Internet Content & Information
Sector
Communication Services
Headquarters
US
CEO
Jeremy Wacksman
Listed since
Jul 20, 2011
Employees
7,232

Market position

Day range

Current $36.78

52-week range

Current $36.78

Open
$36.60
Previous close
$36.57
Volume
907.75K
0.72× average
Average volume
1.26M
Average daily volume
Market cap
8.84B USD
Beta
1.98
Market reference 1
50-day average
$33.2232
+10.71% above average
200-day average
$48.3063
-23.86% below average

Financials

Financial snapshot

Latest / TTM

Valuation & yield

Enterprise value
16.27B USD
P/E (TTM)
157.38×
P/B (TTM)
1.95×
P/S (TTM)
3.15×
EV / EBITDA
48.42×
Earnings yield
0.14%
Free cash flow yield
1.42%
Dividend yield
0.00%

Profitability & efficiency

Gross margin
72.88%
Operating margin
0.43%
Net margin
1.96%
Return on equity
0.47%
Return on assets
0.40%
Return on invested capital
-0.55%

Financial health

Debt / equity
0.13×
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 USD222M 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
64%
7 beats, 3 misses, 1 met estimate
Average EPS surprise
+11.84%
11 comparable reports
Latest EPS result
0.52
Estimate 0.44 · Beat by 18.18%

EPS: actual versus estimate

Recent quarterly results

ActualEstimate
Quarterly EPS actual values compared with estimates0.620.490.350.22Q1 '25BeatQ2 '25MissQ3 '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 0.43, surprise -4.65%, Miss. Q3 2025, reported Aug 6, 2025: actual 0.4, estimate 0.44, surprise -9.09%, Miss. Q4 2025, reported Oct 30, 2025: actual 0.44, estimate 0.423, surprise +3.95%, 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 0.44, surprise +18.18%, 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 estimates802.88M707.19M611.49M515.8MQ1 '25BeatQ2 '25BeatQ3 '25MissQ4 '25BeatQ1 '26BeatQ2 '26BeatQ3 '26BeatQ4 '26Estimate
Q1 2025, reported Feb 11, 2025: actual 554M USD, estimate 546.68M USD, surprise +1.34%, Beat. Q2 2025, reported May 7, 2025: actual 598M USD, estimate 589.41M USD, surprise +1.46%, Beat. Q3 2025, reported Aug 6, 2025: actual 655M USD, estimate 666.2M USD, surprise -1.68%, Miss. Q4 2025, reported Oct 30, 2025: actual 676M USD, estimate 670.09M USD, surprise +0.88%, Beat. Q1 2026, reported Feb 10, 2026: actual 654M USD, estimate 650.51M USD, surprise +0.54%, Beat. Q2 2026, reported May 6, 2026: actual 708M USD, estimate 705.17M USD, surprise +0.40%, Beat. Q3 2026, reported Aug 5, 2026: actual 772M USD, estimate 758.25M USD, surprise +1.81%, Beat. Q4 2026, reported Oct 29, 2026: actual —, estimate 756.05M USD, surprise —, Comparison unavailable.

Analyst ratings

Third-party consensus; not a GoAI recommendation.

Analyst price target

Average target

$47.29

28.58% upside
Past 12 months12-month forecastHigh $75.00Average $47.29Low $32.00

Rating distribution

49 ratings
Strong buy00%
Buy2347%
Hold2551%
Sell12%
Strong sell00%

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