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Zillow Group, Inc. Class A(ZG)Earnings, Financials & Key Ratios
ZG•NASDAQ
$32.69
361.2× P/E·Price updated Jul 7, 2026
SectorCommunication ServicesIndustryInternet ServicesSub-IndustryOnline Marketplaces and Classifieds
AboutZillow Group, Inc., a digital real estate company, operates real estate brands on mobile applications and Websites in the United States. The company operates through three segments: Homes; Internet, Media & Technology; and Mortgages. The Homes segment is involved in resale of homes; and title and escrow services to home buyers and sellers, including title search procedures for title insurance policies, escrow, and other closing services. The IMT segment offers premier agent, rentals, and new construction marketplaces, as well as dotloop, display, and other advertising, as well as business software solutions. The Mortgage segment provides home loans; and marketing products including custom quote and connect services. Its portfolio of brands includes Zillow Rentals, Trulia, StreetEasy, Zillow Closing Services, HotPads, and Out East. The company was incorporated in 2004 and is headquartered in Seattle, Washington.Show more
- Revenue$2.58B+15.5%
- EBITDA$261M+392.5%
- Net Income$23M+120.5%
- EPS (Diluted)0.09+118.9%
- Gross Margin74.14%-3.0%
- EBITDA Margin10.1%+326.3%
- Operating Margin-1.24%+85.9%
- Net Margin0.89%+117.8%
- ROE0.47%+119.8%
ZG Price & Volume
Zillow Group, Inc. Class A (ZG) stock price & volume — 10-year historical chart
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Operational Inflection Drives Sustainable Margin Expansion Trajectory
Investment Thesis • Updated 2026Q1
VerdictPositive
Growth:Accelerating
Profitability:Moderate
Financial:Healthy
Cash Flow:Improving
Primary Risk:Housing market volume sensitivity
Key Thesis Takeaways
- Zillow Group has successfully transitioned toward a leaner, more scalable marketplace model, evidenced by a shift from a -22.2% operating margin in 2023Q4 to a positive 5.1% in 2026Q1.
- While revenue growth has accelerated to 18.4% year-over-year, the company's reliance on $2.8 billion in goodwill and significant stock-based compensation warrants caution regarding long-term earnings quality.
- Investors should monitor the sustainability of this cash-generative shift as the firm balances aggressive $626 million share repurchases against the inherent volatility of the housing market.
Verdict Logic
the company's successful deleveraging to a 0.02 debt-to-equity ratio and the achievement of positive operating margins suggest a sustainable path toward long-term shareholder value creation.
ZG Growth Metrics
Zillow Group, Inc. Class A (ZG) revenue, earnings & EPS growth — 3, 5 & 10-year CAGR
Revenue CAGR
10 Years14.89%
5 Years9.73%
3 Years9.67%
TTM16.83%
Profit CAGR
10 Years-
5 Years-
3 Years-
TTM175.31%
EPS CAGR
10 Years-
5 Years-
3 Years-
TTM171.61%
Return on Capital
10 Years-2.45%
5 Years-1.34%
3 Years-2.95%
Last Year-0.64%
ZG Recent Earnings
Zillow Group, Inc. Class A (ZG) EPS & revenue vs analyst estimates — last 4 quarters
●Beat EPS 8/12 qtrs (67%)●Beat Revenue 11/12 qtrs (92%)
Q2 2026Latest
May 6, 2026Metric
Actual
Est
EPS
$0.53+23.3%
$0.43
Rev
$708M+0.4%
$705M
Q1 2026
Feb 10, 2026Metric
Actual
Est
EPS
$0.39-7.1%
$0.42
Rev
$654M+0.5%
$651M
Q4 2025
Oct 30, 2025Metric
Actual
Est
EPS
$0.44+3.9%
$0.42
Rev
$676M+0.9%
$670M
Q3 2025
Aug 6, 2025Metric
Actual
Est
EPS
$0.40-9.1%
$0.44
Rev
$655M-1.7%
$666M
| Quarter | Date | EPS (Act vs Est) | Revenue (Act vs Est) |
|---|---|---|---|
| Q2 2026Latest | May 6, 2026 | $0.53vs $0.43+23.3% | $708Mvs $705M+0.4% |
| Q1 2026 | Feb 10, 2026 | $0.39vs $0.42-7.1% | $654Mvs $651M+0.5% |
| Q4 2025 | Oct 30, 2025 | $0.44vs $0.42+3.9% | $676Mvs $670M+0.9% |
| Q3 2025 | Aug 6, 2025 | $0.40vs $0.44-9.1% | $655Mvs $666M-1.7% |
Based on last 12 quarters of dataView full earnings history →
Peers Comparison
Key metrics vs top competitors for Zillow Group, Inc. Class A (ZG)
| Company | Price | Market Cap | P/E Ratio | Rev Growth (1Y) | Net Margin | ROE | Div Yield |
|---|---|---|---|---|---|---|---|
| $32.69 | $7.86B | 361.22 | 15.52% | 0.89% | 0.47% | — | |
| $4.79 | $3.67B | -2.82 | -15.18% | -35.25% | -163.25% | — | |
| $11.88 | $7.23B | -118.80 | 23.67% | 0.17% | 1.11% | — | |
| $17.64 | $1.98B | -15.34 | 0.99% | -2.18% | -8.37% | — | |
| $4.73 | $753.34M | -33.79 | 4.48% | -0.35% | -7.05% | — | |
| $16.67 | $27.15B | -61.74 | -57.26% | -2470.56% | -12.72% | — |
Compare ZG vs Peers
Zillow Group, Inc. Class A (ZG) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.
ZG SEC Filings & Documents
Zillow Group, Inc. Class A (ZG) SEC filings — annual & quarterly reports (10-K, 10-Q)
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ZG Frequently Asked Questions
Zillow Group, Inc. Class A (ZG) stock FAQ — growth, dividends, profitability & financials explained
Growth & Financials
What is Zillow Group, Inc. Class A's revenue?
Zillow Group, Inc. Class A (ZG) reported $2.69B in revenue for fiscal year 2025. This represents a 25306% increase from $10.6M in 2008.
How fast is Zillow Group, Inc. Class A growing?
Zillow Group, Inc. Class A (ZG) grew revenue by 15.5% over the past year. This is strong growth.
Is ZG profitable?
Yes, Zillow Group, Inc. Class A (ZG) is profitable, generating $61.0M in net income for fiscal year 2025 (0.9% net margin).
Dividend & Returns
What is ZG's return on equity?
Zillow Group, Inc. Class A (ZG) has a return on equity (ROE) of 0.5%. This is below average, suggesting room for improvement.
What is Zillow Group, Inc. Class A's free cash flow?
Zillow Group, Inc. Class A (ZG) generated $331.0M in free cash flow for fiscal year 2025. Positive FCF indicates the company can fund dividends, buybacks, or reinvestment.