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NASDAQ · SERVICES-BUSINESS SERVICES, NEC · LARGE CAP

Zillow Group, Inc. Z

13 fiscal years on record · USD · FY2025 reported · SEC filings only
$2.6B
▲ 15.5% YoY
$23.0M
$235.0M
▼ 17.5% YoY

Slide the table for earlier years · "·" marks a figure not available in our data for that year.

In brief

What this company does

Zillow connects consumers with real estate agents and loan officers, and provides technology and digital services used across residential real estate transactions. It maintains a database of approximately 173 million U.S. homes. Through the Zestimate, its automated valuation model, it provides home value estimates. During 2025, the Zestimate feature had a median error rate of 1.8% for homes listed for sale and 7.2% for off-market homes. Zillow Home Loans, available in 49 states and the District of Columbia, originates mortgage loans and generally sells them on the secondary market. In 2025, Zillow Rentals had 2.4 million average monthly active rental listings, ranging from single family homes to large apartment complexes. As of December 31, 2025, the company had 7,068 employees. As of December 31, 2025, it had 224 patents issued and 225 patent applications pending in the United States and internationally.

Written from the business description in ZILLOW GROUP, INC.'s annual report to the U.S. Securities and Exchange Commission, filed 11 February 2026. Every sentence was checked against that document before publication.

Growth

USD 2.6B
Revenue, FY2025 · full 13-year series below
Revenue $B Net income $B
FY2025 · Revenue 2.6 · Net income 0.0
1.0B2.0B-0.2B-0.4B
20132016201920222025
Compound annual growth
+9.7%
+9.7%
+14.9%
−18.8%
3 yrs
5 yrs
10 yrs
15 yrs

Revenue compounded at +9.7% a year over the five years to FY2025.

Compound annual rates per period — left blank where that exact year isn't on file, the series crosses a loss, or (per-share rows) a split falls inside the window.

Profitability

1 cents
of every revenue dollar became profit
Operating margin Net margin
FY2025 · Operating -1.3% · Net 0.9%
5%10%-10%-20%
201320192025
ROE
FY2025 · ROE 0.5%
-5%-10%
201320192025
Three returns, three denominators.

Each USD of equity produced 0 cents of profit this year.

Cash & shareholders

USD 482.0M
returned in FY2025 · dividends + net buybacks
Free cash flow $B
FY2025 · FCF 0.2
2B4B-2B-3B
201320192025
Net buybacks $M Dividends $M
FY2025 · Dividends · · Net buybacks 482.0
400M800M-150M-300M
2019202020212022202320242025

USD 482.0M in buybacks — 2096% of the year's profit, so the payout drew on cash built up earlier.

Total assetsUSD 5.7B
EquityUSD 4.9B
CashUSD 768.0M
Current ratio3.13×

Equity funds 86% of total assets.

The 13-year record

13 fiscal years
Every figure from documents filed with the SEC · USD

EPS, diluted, dividend per share and shares outstanding are shown without shading, and a vertical line marks the year the share count changed — the series crosses a large, unexplained change in share count, so the years on either side are not on a comparable scale.

row low → row highnegative—not applicable◌not available in our data
Z, 13-year financial record
Metric 2025202420232022202120202019201820172016201520142013
Revenue $B2.62.21.92.02.11.62.71.31.10.80.60.30.2
Operating income $B−0.0−0.2−0.3−0.10.20.1−0.2−0.1−0.2−0.2−0.1−0.0−0.0
EBITDA $B0.20.0−0.10.10.40.2−0.2−0.0−0.1−0.1−0.1−0.00.0
Income tax $B0.00.00.00.0−0.0−0.0−0.0−0.0−0.10.0−0.0◌−0.0
Net income $B0.0−0.1−0.2−0.1−0.5−0.2−0.3−0.1−0.1−0.2−0.1−0.0−0.0
Free cash flow $B0.20.30.24.4−3.30.3−0.7−0.10.2−0.1−0.00.00.0
EPS, diluted $0.09−0.48−0.68−0.42−2.02−0.70−1.48−0.61−0.51−1.22−0.88−0.36−0.12
Dividend / sh $◌◌◌◌◌◌◌◌◌◌◌◌◌
Payout % — not applicable: no dividend—————————————
ROE %0.5−2.4−3.5−2.1−10.5−4.0−9.1−4.0−3.6−8.5−9.1−7.5−2.2
Shares out B◌0.180.170.170.180.170.140.140.130.120.120.08◌

Slide the table for earlier years. "—" not applicable · "◌" not available in our data.

More in this sector

Other companies filing in the same sector

Provenance

Company facts, as filed

How we verify · 0 failures in 57 reconciliationsAUDITED

Reconciled in 13 of the 13 fiscal years we could check. 14 checks were skipped: the balance sheet is not tagged before 2014. Six checks were skipped: EPS is not tagged before 2013. Six checks were skipped: revenue is not tagged before 2013.

EPS recomputationBalance-sheet identityGross profitBalance-sheet liquidityCurrency consistency0 failures
ActivityServices-Business Services, NEC
Listed onNASDAQ
Incorporated inWashington
Fiscal year endsDecember 31
Data on record since2013

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