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Zillow Group, Inc. ZG Reportable Segments — Restructuring Costs and Asset Impairment Charges

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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
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:RestructuringCostsAndAssetImpairmentCharges.

The source filing: Zillow Group, Inc.’s 10-K, filed February 11, 2026.

Filed
Feb 11, 2026, 6:33 AM EST
Fiscal year
FY2025
Accession
0001617640-26-000015
Line itemYear Ended December 31, 2025Year Ended December 31, 2024Year Ended December 31, 2023
Software and hardware costs1139885
Third-party professional service fees907075
Facility expenses262859
Impairment and restructuring costs2619
Acquisition-related costs14
Other items (1)545443
Loss from operations(34)(197)(270)
Gain (loss) on extinguishment of debt(1)1

Item 8. Financial Statements and Supplementary Data.

FAQ

What is Zillow Group, Inc.'s reportable segments — restructuring costs and asset impairment charges?
Zillow Group, Inc. (ZG) reported reportable segments — restructuring costs and asset impairment charges of $500K in Q4 2025.
How has Zillow Group, Inc.'s reportable segments — restructuring costs and asset impairment charges changed year-over-year?
Zillow Group, Inc.'s reportable segments — restructuring costs and asset impairment charges decreased by 66.7% year-over-year, from $1.5M to $500K.
What is the long-term trend for Zillow Group, Inc.'s reportable segments — restructuring costs and asset impairment charges?
Over 3 years (2022 to 2025), Zillow Group, Inc.'s reportable segments — restructuring costs and asset impairment charges has grown at a -56.3% compound annual growth rate (CAGR), from $24M to $2M.
What does reportable segments — restructuring costs and asset impairment charges mean?
This captures one-time expenses related to organizational restructuring, workforce reductions, or the write-down of asset values within the reportable segments. It highlights significant non-recurring events that impact the segment's operational cost structure and asset base.

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