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Zillow Group, Inc. ZG Capitalized Contract Costs, Net

Capitalized Contract Costs, Net at other companies

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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:CapitalizedContractCostNet.

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 capitalized contract costs, net?
Zillow Group, Inc. (ZG) reported capitalized contract costs, net of $27M in Q1 2026.
How has Zillow Group, Inc.'s capitalized contract costs, net changed year-over-year?
Zillow Group, Inc.'s capitalized contract costs, net decreased by 0.0% year-over-year, from $27M to $27M.
What is the long-term trend for Zillow Group, Inc.'s capitalized contract costs, net?
Over 5 years (2020 to 2025), Zillow Group, Inc.'s capitalized contract costs, net has grown at a -11.8% compound annual growth rate (CAGR), from $50.72M to $27M.
What does capitalized contract costs, net mean?
This metric represents the net balance of incremental costs incurred to obtain or fulfill customer contracts that are recognized as assets rather than expensed immediately. These costs are systematically amortized over the expected period of benefit, reflecting the company's investment in customer acquisition and long-term service delivery. Monitoring this balance helps investors assess the efficiency of sales efforts and the timing of revenue recognition relative to associated costs.