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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$7.63B-58.6%
Enterprise value$7.15B-60.7%
P/E138.8×
P/S2.7×-5.0×

Profitability

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Gross margin72.9%-2.9pp
Operating margin0.4%+0.2pp
Net margin2%+1.2pp
FCF margin12.4%-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

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

Tagged under the XBRL concept us-gaap:GeneralAndAdministrativeExpense.

The source filing: Zillow Group, Inc.’s 10-Q, filed August 5, 2026.

Filed
Aug 5, 2026, 4:36 PM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0001617640-26-000052
Line itemThree Months Ended June 30, 2026Three Months Ended June 30, 2025Six Months Ended June 30, 2026Six Months Ended June 30, 2025
Operating expenses:
Sales and marketing249226459424
Technology and development156153306302
General and administrative131121254242
Restructuring costs3636
Total operating expenses5725001,055968
Income (loss) from operations(10)(11)26(20)
Other income, net13182940

Item 1. Financial Statements (unaudited)

FAQ

What is Zillow Group, Inc.'s G&A?
Zillow Group, Inc. (ZG) reported G&A of $131M in Q2 2026.
How has Zillow Group, Inc.'s G&A changed year-over-year?
Zillow Group, Inc.'s G&A increased by 8.3% year-over-year, from $121M to $131M.
What is the long-term trend for Zillow Group, Inc.'s G&A?
Over 4 years (2021 to 2025), Zillow Group, Inc.'s G&A has grown at a 3.7% compound annual growth rate (CAGR), from $430M to $497M.
What does G&A mean?
Overhead costs not directly tied to production or sales — corporate management, legal, accounting, office rent, insurance, and other administrative functions.

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