What is Zillow Group, Inc.'s net income?

Zillow Group, Inc. (ZG) reported net income of $46M in Q1 2026.

How has Zillow Group, Inc.'s net income changed year-over-year?

Zillow Group, Inc.'s net income increased by 475.0% year-over-year, from $8M to $46M.

What is the long-term trend for Zillow Group, Inc.'s net income?

Over 4 years (2021 to 2025), Zillow Group, Inc.'s net income has grown at a -54.3% compound annual growth rate (CAGR), from -$528M to $23M.

What does net income mean?

The bottom line — total revenue minus all expenses, taxes, and costs. Represents the profit attributable to the company's shareholders after all obligations are met.

Zillow Group, Inc. ZG Net Income

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Segments

By segment

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Reportable Segments$8M—

Other financials

Income statement

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Revenue$708.0M+18.4%

Gross profit$519.0M+13.1%

Operating income$36.0M+500%

EPS (diluted)$0.19+533%

Balance sheet

See full

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

See full

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

See full

Gross margin73.3%-3.1pp

Operating margin0.4%+0.2pp

Net margin2.3%+1.4pp

FCF margin12.4%-1.2pp

Returns & leverage

See full

Return on equity1.3%+0.9pp

Debt / equity0×-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:NetIncomeLoss.

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 net income?: Zillow Group, Inc. (ZG) reported net income of $46M in Q1 2026.
How has Zillow Group, Inc.'s net income changed year-over-year?: Zillow Group, Inc.'s net income increased by 475.0% year-over-year, from $8M to $46M.
What is the long-term trend for Zillow Group, Inc.'s net income?: Over 4 years (2021 to 2025), Zillow Group, Inc.'s net income has grown at a -54.3% compound annual growth rate (CAGR), from -$528M to $23M.
What does net income mean?: The bottom line — total revenue minus all expenses, taxes, and costs. Represents the profit attributable to the company's shareholders after all obligations are met.