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Zillow Group, Inc. ZG Reportable Segments — Income Tax Expense (Benefit)

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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:IncomeTaxExpenseBenefit.

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 reportable segments — income tax expense (benefit)?
Zillow Group, Inc. (ZG) reported reportable segments — income tax expense (benefit) of $2M in Q1 2026.
What is the long-term trend for Zillow Group, Inc.'s reportable segments — income tax expense (benefit)?
Over 3 years (2022 to 2025), Zillow Group, Inc.'s reportable segments — income tax expense (benefit) has grown at a -12.6% compound annual growth rate (CAGR), from $3M to $2M.
What does reportable segments — income tax expense (benefit) mean?
This represents the provision for income taxes allocated to the reportable segments based on their earnings and applicable tax jurisdictions. It reflects the tax impact on the segment's financial performance and is essential for calculating the segment's net contribution to the parent company.