Zillow Group revenue and financials

ZG · NASDAQ · USD

$27.94Change from previous close: −1.48%Absolute change: −$0.42

Close · October 7, 2026

In the fiscal year ended December 2025, Zillow Group reported revenue of $2.58B (+15.52% year over year). Net income was $23M, a net margin of 0.9%.

Annual revenue · 2025: $2.58B
  1. $2.13B2021
  2. $1.96B2022
  3. $1.95B2023
  4. $2.24B2024
  5. $2.58B2025

Fiscal year ending in December. Sources and method on the page Methodology and sources.

At a glance

Revenue growth
+15.52%
2025 vs 2024
Net margin
0.9%
2024: -5.0%

Financial data

Amounts in millions of USD; per-share values in USD; shares in millions.

Balance sheet · Annual
Item20252024202320222021
Total assets5,6855,8296,6526,56310,695
Current assets2,1222,3343,1493,6037,680
Cash and equivalents7681,0821,4921,4662,315
Short-term investments5277761,3181,896514
Receivables14910496.072.077.0
Inventory————3,913
Net property, plant and equipment406419401397345
Goodwill2,8232,8232,8172,3742,374
Other intangible assets279207241154176
Long-term investments————5.0
Current liabilities6798319712703,882
Accounts payable36.030.028.020.011.0
Long-term debt——1,0001,6601,319
Total debt4576601,8321,867—
Total liabilities8019812,1262,0815,354
Total equity (incl. minority)4,8844,8484,5264,4825,341
Retained earnings-1,859-1,882-1,770-1,612-1,667