The financials
Zillow Group, Inc. by the numbers
Zillow Group, Inc. (ZG) reported revenue of $708M in Q1 2026 (quarter ended Mar 31, 2026), up 18% from the same quarter a year earlier. That came with a gross margin of 73% and net income of $46M (6.5% of revenue). For the full year FY2025, revenue was $2.58B (+16% year on year) and net income $23M. Its largest product in Jun 2026 was Residential at $465M, 60% of the disclosed total, well ahead of Rental at 27%.
| Income statement | Q1 2026 | Q1 2025 | Change |
|---|---|---|---|
| Revenue | $708M | $598M | +18% |
| Gross profit | $519M | $459M | +13% |
| Operating income | $36M | −$9.0M | to a profit |
| Net income | $46M | $8.0M | +475% |
| Diluted EPS | $0.19 | $0.03 | +533% |
| Product | Revenue | Share |
|---|---|---|
| Residential | $465M | 60% |
| Rental | $209M | 27% |
| Mortgage | $84M | 11% |
| Display Advertising And Other | $14M | 1.8% |
Business Segments
Revenue split by product segment, from SEC XBRL filings.
Latest period: Jun 2026Total $772.0M (+9.0%)
Mortgage grew +75% year on yearDisplay Advertising And Other 0.00% year on year
Segment Latestquarter on quarteryear on year
- Residential$465.0M$465.0MQoQ +3.3%year on year +7.1%+3.3%+7.1%
- Rental$209.0M$209.0MQoQ +14%year on year +31%+14%+31%
- Mortgage$84.0M$84.0MQoQ +31%year on year +75%+31%+75%
- Display Advertising And Other$14.0M$14.0MQoQ +27%year on year 0.00%+27%0.00%
Internet Content & Information
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