The financials
Zillow Group, Inc. by the numbers
Zillow Group, Inc. (ZG) reported revenue of $708M in Q1 2026 (quarter ended March 31, 2026), up 18% from the same quarter a year earlier. That came with a gross margin of 73% and net income of $46M (6.5% of revenue). For the full year FY2025, revenue was $2.58B (+16% year on year) and net income $23M. Its largest product in 2026-Q1 was Residential at $450M, 64% of the disclosed total, just ahead of Rental at 26%.
| Income statement | Q1 2026 | Q1 2025 | Change |
|---|---|---|---|
| Revenue | $708M | $598M | +18% |
| Gross profit | $519M | $459M | +13% |
| Operating income | $36M | −$9.0M | to a profit |
| Net income | $46M | $8.0M | +475% |
| Diluted EPS | $0.19 | $0.03 | +533% |
| Product | Revenue | Share |
|---|---|---|
| Residential | $450M | 64% |
| Rental | $183M | 26% |
| Mortgage | $64M | 9.0% |
| Display Advertising And Other | $11M | 1.6% |
Business Segments
Revenue split by product segment, from SEC XBRL filings.
Latest period: Q1 2026Total $708.0M (+4.7%)
Mortgage grew +56% year on yearDisplay Advertising And Other 0.00% year on year
Segment Latestquarter on quarteryear on year
- Residential$450.0M$450.0MQoQ +3.4%year on year +7.9%+3.4%+7.9%
- Rental$183.0M$183.0MQoQ +5.2%year on year +42%+5.2%+42%
- Mortgage$64.0M$64.0MQoQ +21%year on year +56%+21%+56%
- Display Advertising And Other$11.0M$11.0MQoQ -21%year on year 0.00%-21%0.00%
Internet Content & Information
Ranks #16 of 24 by Smart Score