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Zillow Group, Inc. ZG Reportable Segments — Third-party professional service fees

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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:ProfessionalFees.

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 — third-party professional service fees?
Zillow Group, Inc. (ZG) reported reportable segments — third-party professional service fees of $31M in Q1 2026.
How has Zillow Group, Inc.'s reportable segments — third-party professional service fees changed year-over-year?
Zillow Group, Inc.'s reportable segments — third-party professional service fees increased by 82.4% year-over-year, from $17M to $31M.
What is the long-term trend for Zillow Group, Inc.'s reportable segments — third-party professional service fees?
Over 3 years (2022 to 2025), Zillow Group, Inc.'s reportable segments — third-party professional service fees has grown at a 6.3% compound annual growth rate (CAGR), from $75M to $90M.
What does reportable segments — third-party professional service fees mean?
Represents payments made to external consultants, legal advisors, and other professional service providers to support the segment's operations. This metric helps track the reliance on external expertise versus internal capabilities.