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Zillow Group, Inc. Z Q2 2026 earnings

Reported August 5, 2026 · After market close

Revenue$772.0MBeat by $13.9M
EPS$0.52Beat by $0.07
Revenue estimate$758.1M
EPS estimate$0.45
“Zillow delivered another quarter of strong results and consistent execution. We outperformed the broader housing market and our outlook, and we are on track toward our full-year goals”
Zillow Chief Executive Officer Jeremy Wacksman.

Next report

Oct 29, 2026 (in a month)
Revenue estimate$755.7M
EPS estimate$0.58

Financials

Q2 2026

Income statement

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Revenue$772.0M+17.9%
Gross profit$562.0M+14.9%
Operating income-$10.0M+9.1%
Net income-$4.0M-300%
EPS (diluted)-$0.02-300%

Balance sheet

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Cash & equivalents$578.0M-2.4%
Total debt$93.0M-71.6%
Total equity$4.3B-9.2%
Total assets$5.3B-2.0%

Cash flow

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Operating cash flow$11.0M-87.4%
CapEx$36.0M-2.7%

Valuation & ratios

Valuation

as of 09/16/26
See full
Market cap$7.46B-65.9%
Enterprise value$6.98B-67.8%
P/E135.7×—
P/S2.7×-6.5×

Profitability

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Gross margin72.9%-2.9pp
Operating margin0.4%+0.2pp
Net margin2%+1.2pp

Returns & leverage

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Return on equity1.2%+0.8pp
Debt / equity0×0.0×
Current ratio1.9×-1.4×

Segments

By product

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Residential$465.0M+7.1%
Rentals$209.0M+31.4%
Mortgages$84.0M+75.0%
Other$14.0M0.0%

FAQ

When did Zillow Group, Inc. report Q2 2026 earnings?
Zillow Group, Inc. (Z) reported Q2 2026 earnings on August 5, 2026 after market close.
What were Zillow Group, Inc.'s Q2 2026 revenue and EPS?
Zillow Group, Inc. reported revenue of $772.0M and eps of $0.52 for Q2 2026.
Did Zillow Group, Inc. beat estimates in Q2 2026?
Revenue beat the consensus estimate of $758.1M by $13.9M. EPS beat the consensus estimate of $0.45 by $0.07.
How did Zillow Group, Inc.'s Q2 2026 results compare year-over-year?
Compared to the same quarter a year prior, revenue grew 17.9% from $655.0M a year earlier and eps grew 30.0% from $0.40.
Where can I find Zillow Group, Inc.'s Q2 2026 SEC filings?
You can read the 8-K earnings release (0001617640-26-000050) and the 10-Q periodic report (0001617640-26-000052) directly on SEC EDGAR. The filing index links above go to sec.gov.