Zillow Group, Inc.

Z Communication Services Internet Content & Information

Zillow Group, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $2.6 billion, up 15.5% from fiscal 2024.

Revenue
+7.10%
EPS
−1,850.0%
Free cash flow
+83.1%
Total debt
+44.1%

Quarter to September 2026, against a year earlier

30.06 3.84 −11.33%
Market cap
$6.8B
P/E
0.0×
Fwd P/E
139×
Dividend yield
—
F-score
7/9
Altman Z
12.64
Beneish M
−2.30
Dividend safety
n/a

Zillow Group, Inc. (Z) Operating margin

Alert me on Operating margin

Zillow Group, Inc.'s operating margin over the twelve months to 30 September 2026 was −5.11%, down 3.8 percentage points from fiscal 2025 (−1.32%). Over the past ten years it has ranged from −23.2% (fiscal 2015) to 11.2% (fiscal 2021); the current reading is higher than 82% of that period. That is below the Internet Content & Information industry median of −1.87% and below the Communication Services sector median of 0.94%.

Operating margin, annual

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Annual newest first

Period Operating margin Change (points)
FY2025 −1.32% 7.49
FY2024 −8.81% 5.07
FY2023 −13.9% (9.13)
FY2022 −4.75% (15.96)
FY2021 11.2% 4.50
FY2020 6.71% 15.73
FY2019 −9.02% 0.65
FY2018 −9.67% 5.36
FY2017 −15.0% 7.75
FY2016 −22.8% 0.41

Quarterly newest first

Period Operating margin Change (points)
Sep 2026 −22.2% (20.94)
Jun 2026 −1.30% (6.38)
Mar 2026 5.08% 6.76
Dec 2025 −1.68% (1.24)
43 more quarters

Against its own ten years

Low −23.2% High 11.2%
Ten-year median −9.02%
Current reading's percentile 65

Operating margin against peers

Company Operating margin
BZ KANZHUN LIMITED Sponsored ADR compare 32.8%
MTCH Match Group Inc. compare 29.7%
TME Tencent Music Entertainment Group Sponsored ADR compare 29.4%
CARG CarGurus, Inc. compare 24.4%
BILI Bilibili Inc. Sponsored ADR compare 4.40%
PINS Pinterest, Inc. compare 4.19%
SNAP Snap Inc. compare −1.81%
ZG Zillow Group, Inc. compare −5.11%
Z Zillow Group, Inc. −5.11%
Internet Content & Information industry median −1.87%
Communication Services sector median 0.94%
Market median 0.00%

What Operating margin is

EBIT Margin tells an investor how much operating profit, before interest and taxes, a company keeps from each unit of revenue.

EBIT ÷ Revenue

The full definition of Operating margin →

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