Zillow Group revenue and financials
$27.94Change from previous close: −1.48%Absolute change: −$0.42
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%.
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.
| Item | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Operating cash flow | 368 | 428 | 354 | 4,504 | -3,177 |
| Depreciation and amortization | 109 | 102 | 112 | 113 | 117 |
| Capital expenditure | -133 | -143 | -135 | -115 | -74.0 |
| Investing cash flow | -6.0 | 395 | 25.0 | -1,533 | 1,088 |
| Financing cash flow | -674 | -1,233 | -352 | -4,341 | 3,148 |
| Share repurchases | -670 | -301 | -424 | -947 | -302 |
| Debt issued | 219 | 52.0 | 56.0 | 0.0 | 4,756 |
| Debt repaid | -419 | -1,196 | -56.0 | -3,440 | -1,978 |
| Net change in cash | -312 | -410 | 27.0 | -1,370 | 1,059 |
| Free cash flow | 235 | 285 | 219 | 4,389 | -3,251 |
| Levered free cash flow | 84.8 | 293 | 294 | 1,533 | 280 |