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Zillow Group, Inc. ZG Total Revenue

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Segments

By product

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Residential$465M+7.1%
Rentals$209M+31.4%
Mortgages$84M+75.0%
Other$14M0.0%

By segment

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Reportable Segments$655M

Other financials

Income statement

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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
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:RevenueFromContractWithCustomerExcludingAssessedTax.

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
Total For Sale revenue5494821,063940
Rentals209159392288
Other14142525
Total revenue7726551,4801,253
Cost of revenue210166399305
Gross profit5624891,081948
Operating expenses:
Sales and marketing249226459424

Item 1. Financial Statements (unaudited)

FAQ

What is Zillow Group, Inc.'s total revenue?
Zillow Group, Inc. (ZG) reported total revenue of $772M in Q2 2026.
How has Zillow Group, Inc.'s total revenue changed year-over-year?
Zillow Group, Inc.'s total revenue increased by 17.9% year-over-year, from $655M to $772M.
What is the long-term trend for Zillow Group, Inc.'s total revenue?
Over 4 years (2021 to 2025), Zillow Group, Inc.'s total revenue has grown at a -8.0% compound annual growth rate (CAGR), from $3.61B to $2.58B.
What does total revenue mean?
The aggregate of all revenue from the company's operations — the top line from which all profitability metrics are derived.

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