Zillow Group revenue and financials
$27.97Change from previous close: −1.38%Absolute change: −$0.39
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 | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | 5,305 | 5,226 | 5,685 | 5,698 | 5,416 | 5,746 | 5,829 | 6,159 | 6,628 | 6,823 | 6,652 | 6,656 |
| Current assets | 1,741 | 1,659 | 2,122 | 2,119 | 1,821 | 2,154 | 2,334 | 2,669 | 3,129 | 3,322 | 3,149 | 3,612 |
| Cash and equivalents | 572 | 678 | 768 | 874 | 587 | 914 | 1,082 | 1,072 | 1,181 | 1,439 | 1,492 | 1,846 |
| Short-term investments | 110 | 105 | 527 | 515 | 571 | 689 | 776 | 1,101 | 1,447 | 1,478 | 1,318 | 1,421 |
| Receivables | 472 | 421 | 149 | 157 | 151 | 115 | 104 | 117 | 115 | 100 | 96.0 | 97.0 |
| Net property, plant and equipment | 415 | 411 | 406 | 429 | 435 | 421 | 419 | 417 | 419 | 409 | 401 | 427 |
| Goodwill | 2,823 | 2,823 | 2,823 | 2,823 | 2,823 | 2,823 | 2,823 | 2,818 | 2,818 | 2,817 | 2,817 | 2,416 |
| Other intangible assets | 263 | 272 | 279 | 273 | 285 | 297 | 207 | 211 | 222 | 232 | 241 | 162 |
| Current liabilities | 906 | 724 | 679 | 584 | 546 | 875 | 831 | 854 | 1,478 | 1,001 | 971 | 941 |
| Accounts payable | 72.0 | 68.0 | 36.0 | 38.0 | 56.0 | 35.0 | 30.0 | 53.0 | 39.0 | 34.0 | 28.0 | 28.0 |
| Long-term debt | — | — | — | — | — | — | — | 497 | 497 | 1,001 | 1,000 | 1,057 |
| Total debt | 558 | 429 | 457 | 367 | 328 | — | — | — | — | — | — | — |
| Total liabilities | 997 | 818 | 801 | 706 | 670 | 992 | 981 | 1,503 | 2,127 | 2,158 | 2,126 | 2,127 |
| Total equity (incl. minority) | 4,308 | 4,408 | 4,884 | 4,992 | 4,746 | 4,754 | 4,848 | 4,656 | 4,501 | 4,665 | 4,526 | 4,529 |
| Retained earnings | -1,817 | -1,813 | -1,859 | -1,862 | -1,872 | -1,874 | -1,882 | -1,830 | -1,810 | -1,793 | -1,770 | -1,697 |