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Zillow Group, Inc. ZG Amortization of deferred commissions

Amortization of deferred commissions at other companies

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CoStar GroupCSGP
$30M-3.2%

Other financials

Income statement

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Revenue$708.0M+18.4%
Gross profit$519.0M+13.1%
Operating income$36.0M+500%
Net income$46.0M+475%
EPS (diluted)$0.19+533%

Balance sheet

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Cash & equivalents$683.0M-25.6%
Total debt$94.0M-91.5%
Total equity$4.4B-7.3%
Total assets$5.2B-9.0%

Cash flow

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Operating cash flow$200.0M+92.3%
CapEx$34.0M-5.6%
Free cash flow$166.0M+144%

Valuation

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Market cap$7.43B-38.8%
Enterprise value$6.84B-43.1%
P/E121.9×
P/S2.8×-2.5×

Profitability

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Gross margin73.3%-3.1pp
Operating margin0.4%+0.2pp
Net margin2.3%+1.4pp
FCF margin12.4%-1.2pp

Returns & leverage

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Return on equity1.3%+0.9pp
Debt / equity-0.2×
Current ratio2.3×-0.2×

Where this comes from

Reported directly by Zillow Group, Inc. in its filing.

Tagged under the XBRL concept us-gaap:CapitalizedContractCostAmortization.

The official record: Zillow Group, Inc.’s 10-Q, filed May 6, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Zillow Group, Inc.'s amortization of deferred commissions?
Zillow Group, Inc. (ZG) reported amortization of deferred commissions of $6M in Q1 2026.
How has Zillow Group, Inc.'s amortization of deferred commissions changed year-over-year?
Zillow Group, Inc.'s amortization of deferred commissions increased by 20.0% year-over-year, from $5M to $6M.
What is the long-term trend for Zillow Group, Inc.'s amortization of deferred commissions?
Over 4 years (2021 to 2025), Zillow Group, Inc.'s amortization of deferred commissions has grown at a -15.9% compound annual growth rate (CAGR), from $42M to $21M.
What does amortization of deferred commissions mean?
This represents the non-cash expense recognized as capitalized sales commissions are amortized over the expected period of benefit. It reflects the systematic allocation of acquisition costs associated with obtaining customer contracts in accordance with revenue recognition standards. Investors monitor this to understand the timing of expense recognition relative to the initial cash outlay for sales efforts.