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Zillow Group, Inc. ZG Free cash flow margin

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Other financials

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%
Free cash flow$166.0M+144%

Valuation

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Market cap$8.44B-57.1%
Enterprise value$7.96B-59.0%
P/E153.5×
P/S-5.2×

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×
Current ratio1.9×-1.4×

Where this comes from

Calculated from Zillow Group, Inc.’s reported figures.

Based on trailing twelve months.

The source filing: Zillow Group, Inc.’s 10-Q, filed May 6, 2026. Open the filing →

Filed
May 6, 2026, 4:34 PM EDT
Fiscal quarter
Q1 FY2026
Calendar quarter
Q1 2026
Accession
0001617640-26-000039

FAQ

What is Zillow Group, Inc.'s free cash flow margin?
Zillow Group, Inc. (ZG) reported free cash flow margin of 12.4% in Q1 2026.
How has Zillow Group, Inc.'s free cash flow margin changed year-over-year?
Zillow Group, Inc.'s free cash flow margin decreased by 8.6% year-over-year, from 13.5% to 12.4%.
What is the long-term trend for Zillow Group, Inc.'s free cash flow margin?
Over 4 years (2021 to 2025), Zillow Group, Inc.'s free cash flow margin has grown at a -43.6% compound annual growth rate (CAGR), from -90% to 9.1%.
What does free cash flow margin mean?
Free cash flow (operating cash flow minus capital expenditures) as a percentage of revenue, trailing twelve months. Measures how efficiently revenue converts into discretionary cash.

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