ZG
Zillow Group Inc
NASDAQ: ZG · COMMUNICATION SERVICES · INTERNET CONTENT & INFORMATION
$44.61
+2.67% today
Updated 2026-04-30
Market cap
$10.46B
P/E ratio
482.78
P/S ratio
4.05x
EPS (TTM)
$0.09
Dividend yield
—
52W range
$39 – $90
Volume
1.0M
Zillow Group Inc (ZG) Financial statements
SEC filings — annual and quarterly data.
Income statement — annual
| Item | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $4.30M | $7.10M | $10.60M | $17.49M | $30.47M | $66.05M | $116.85M | $197.54M | $325.89M | $644.68M | $846.59M | $1.08B | $1.33B | $2.74B | $1.62B | $2.13B | $1.96B | $1.95B | $2.24B | $2.58B |
| Revenue growth (YoY) | — | +65.1% | +49.3% | +65.0% | +74.2% | +116.8% | +76.9% | +69.1% | +65.0% | +97.8% | +31.3% | +27.2% | +23.8% | +105.7% | -40.8% | +31.3% | -8.2% | -0.7% | +15.0% | +15.5% |
| Cost of revenue | $1.60M | $3.70M | $4.20M | $4.04M | $4.97M | $10.57M | $14.04M | $18.81M | $29.46M | $61.61M | $71.59M | $85.20M | $153.59M | $1.43B | $255.00M | $323.00M | $367.00M | $421.00M | $527.00M | $668.00M |
| Gross profit | $2.70M | $3.40M | $6.40M | $13.45M | $25.49M | $55.48M | $102.81M | $178.74M | $296.43M | $583.06M | $775.00M | $991.59M | $1.18B | $1.31B | $1.37B | $1.81B | $1.59B | $1.52B | $1.71B | $1.92B |
| Gross margin | 62.8% | 47.9% | 60.4% | 76.9% | 83.7% | 84.0% | 88.0% | 90.5% | 91.0% | 90.4% | 91.5% | 92.1% | 88.5% | 47.8% | 84.3% | 84.8% | 81.3% | 78.4% | 76.4% | 74.1% |
| R&D | — | — | $10.10M | $11.26M | $10.65M | $14.14M | $26.61M | $48.50M | $86.41M | $198.56M | $273.07M | $319.99M | $410.82M | $477.35M | $349.00M | $421.00M | $498.00M | $560.00M | $585.00M | $607.00M |
| SG&A | $16.60M | $25.20M | $18.20M | $5.50M | $6.68M | $14.61M | $21.29M | $38.30M | $65.50M | $170.44M | $313.69M | $210.82M | $262.15M | $366.18M | $274.00M | $414.00M | $498.00M | $553.00M | $524.00M | $497.00M |
| Operating income | $-14.00M | $-21.80M | $-21.90M | $-12.97M | $-6.84M | $997000.00 | $5.80M | $-16.95M | $-44.70M | $-149.53M | $-192.85M | $-161.87M | $-128.97M | $-246.84M | $161.00M | $239.00M | $-93.00M | $-270.00M | $-197.00M | $-32.00M |
| Operating margin | -325.6% | -307.0% | -206.6% | -74.1% | -22.4% | 1.5% | 5.0% | -8.6% | -13.7% | -23.2% | -22.8% | -15.0% | -9.7% | -9.0% | 9.9% | 11.2% | -4.7% | -13.9% | -8.8% | -1.2% |
| EBITDA | $-11.20M | $-18.80M | $-13.07M | $-6.56M | $-1.57M | $8.19M | $18.71M | $6.69M | $-7.99M | $-72.64M | $-112.31M | $-46.33M | $-10.31M | $-97.22M | $272.00M | $382.00M | $130.00M | $104.00M | $179.00M | $261.00M |
| EBITDA margin | -260.5% | -264.8% | -123.3% | -37.5% | -5.2% | 12.4% | 16.0% | 3.4% | -2.5% | -11.3% | -13.3% | -4.3% | -0.8% | -3.5% | 16.7% | 17.9% | 6.6% | 5.3% | 8.0% | 10.1% |
| EBIT | $-14.00M | $-21.80M | $-21.17M | $-12.97M | $-6.84M | $997000.00 | $5.94M | $-16.56M | $-43.61M | $-148.03M | $-212.90M | $-156.49M | $-109.70M | $-207.83M | $186.00M | $229.00M | $-50.00M | $-118.00M | $-71.00M | $-32.00M |
| Interest expense | $1.40M | $1.50M | $700000.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $5.49M | $7.41M | $27.52M | $41.26M | $101.79M | $155.23M | $128.00M | $35.00M | $36.00M | $36.00M | $18.00M |
| Income tax | — | — | $1.40M | $-111000.00 | $-63000.00 | $-105000.00 | — | $-4.11M | $21.49M | $-4.64M | $130000.00 | $-89.59M | $-31.10M | $-4.26M | $-8.00M | $-1.00M | $3.00M | $4.00M | $5.00M | $-2.00M |
| Effective tax rate | 0.0% | 0.0% | -7.1% | 0.9% | 0.9% | -10.5% | 0.0% | 24.8% | -97.2% | 3.0% | -0.1% | 48.7% | 20.6% | 1.4% | 4.7% | 0.2% | -3.1% | -2.6% | -4.7% | -9.5% |
| Net income | $-12.60M | $-20.30M | $-21.20M | $-12.86M | $-6.77M | $1.10M | $5.94M | $-12.45M | $-43.61M | $-148.87M | $-220.44M | $-94.42M | $-119.86M | $-305.36M | $-162.00M | $-528.00M | $-101.00M | $-158.00M | $-112.00M | $23.00M |
| Net income growth (YoY) | — | -61.1% | -4.4% | +39.4% | +47.3% | +116.3% | +438.9% | -309.7% | -250.2% | -241.4% | -48.1% | +57.2% | -26.9% | -154.8% | +46.9% | -225.9% | +80.9% | -56.4% | +29.1% | +120.5% |
| Profit margin | -293.0% | -285.9% | -200.0% | -73.5% | -22.2% | 1.7% | 5.1% | -6.3% | -13.4% | -23.1% | -26.0% | -8.8% | -9.0% | -11.1% | -10.0% | -24.8% | -5.2% | -8.1% | -5.0% | 0.9% |