Zillow Earnings Reports

Zillow Group delivered a robust third quarter in 2025, with total revenue increasing 16% year-over-year to $676 million, surpassing company outlook. The company achieved a net income of $10 million and an Adjusted EBITDA of $165 million, demonstrating effective cost management and strong growth across its segments, particularly in Mortgages and Rentals.

Zillow Group reported strong second-quarter 2025 financial results, with total revenue increasing 15% year over year to $655 million, surpassing the company's outlook. Adjusted EBITDA reached $155 million, at the high end of expectations, driven by robust revenue growth and effective cost management. The company also saw significant growth in its Mortgages and Rentals segments, alongside increased traffic to its platforms.

Zillow exceeded expectations in Q1 2025 with $598 million in revenue, positive net income, and continued momentum across rentals, mortgages, and Premier Agent services.

Zillow Group reported strong Q4 2024 results, exceeding revenue and Adjusted EBITDA expectations. Revenue grew 17% year-over-year to $554 million, driven by strong growth in the Rentals and Mortgages segments. The company posted a net loss of $52 million, improving from a $73 million loss in Q4 2023.

Zillow Group reported a strong third quarter with total revenue of $581 million, a 17% increase year-over-year. The company exceeded its revenue and Adjusted EBITDA outlook, driven by growth in residential, rentals, and mortgages revenue. Net loss was $20 million, while Adjusted EBITDA reached $127 million.

Zillow Group's Q2 2024 revenue was $572 million, up 13% year over year, exceeding expectations. The company reported a net loss of $17 million but achieved an Adjusted EBITDA of $134 million. Zillow Group is on track to deliver double-digit revenue growth and modestly expand its Adjusted EBITDA margin in 2024.

Zillow Group's Q1 2024 revenue was $529 million, a 13% increase year-over-year, exceeding the company's outlook. Residential revenue increased by 9%, Rentals revenue by 31%, and Mortgages revenue by 19%. The company reported a net loss of $23 million and an adjusted EBITDA of $125 million.

Zillow Group's Q4 revenue was $474 million, a 9% increase year-over-year, exceeding the company's outlook. Residential revenue increased by 3%, rentals revenue grew by 37%, and mortgages revenue rose by 22%. The company reported a net loss of $73 million and an Adjusted EBITDA of $69 million.

Zillow Group reported a 3% increase in total revenue, a 34% increase in rentals revenue, and an 88% increase in purchase mortgage origination business. The company's third-quarter results exceeded its outlook for revenue and Adjusted EBITDA.

Zillow Group's second-quarter results exceeded expectations for revenue and Adjusted EBITDA. Q2 revenue was $506 million, and Adjusted EBITDA was $111 million. The company launched a new Appointment Center and Listing Showcase.

Zillow Group reported Q1 2023 revenue of $469 million, exceeding the company's outlook. Residential revenue decreased by 14% year over year to $361 million, while Rentals revenue increased by 21% year over year to $74 million. Mortgages revenue was $26 million, a decrease of 43%. The company's net loss was $22 million, and Adjusted EBITDA was $104 million.

Zillow Group's Q4 results exceeded expectations with consolidated revenue of $435 million. The company focused on building its housing super app amidst a slow housing market. Key highlights include outperforming revenue in the IMT segment and growth in Rentals revenue.

Zillow Group's Q3 2022 consolidated revenue from continuing operations was $483 million, exceeding the company's outlook. The company reported a GAAP net loss of $53 million, but Adjusted EBITDA from continuing operations was $130 million, also exceeding expectations. Traffic to Zillow Group's mobile apps and websites reached 236 million average monthly unique users, a 4% year-over-year increase.

Zillow Group reported consolidated Q2 revenue of $1.0 billion, exceeding the midpoint of their outlook range. The company's net income was $8 million, and Adjusted EBITDA was $164 million, also surpassing expectations. Zillow Group's mobile apps and websites had 234 million average monthly unique users in Q2, an increase of 2% year over year.

Zillow Group's Q1 2022 results demonstrated strong performance, with revenue exceeding expectations at $4.3 billion. The company's focus remains on developing new products and services to realize its housing super app vision.

Zillow Group's Q4 results met or exceeded the company’s outlook at a consolidated level and for all three reportable segments. Consolidated Q4 revenue was $3.9 billion. Consolidated GAAP net loss was $261 million.

Zillow Group reported consolidated Q3 revenue of $1.7 billion. The company experienced a GAAP net loss of $328 million. Zillow also announced its plan to wind down Zillow Offers, expecting the process to take several quarters and include a workforce reduction of approximately 25%.

Zillow Group reported strong second-quarter results with consolidated revenue of $1.3 billion. The IMT and Homes segments exceeded the high end of the company’s second-quarter outlook. Consolidated net income was $10 million.

Zillow Group reported consolidated first-quarter revenue of $1.2 billion, with each segment exceeding the high end of the company's outlook. Consolidated net income was $52 million, and Adjusted EBITDA reached $181 million.

Zillow Group reported a consolidated fourth quarter revenue of $789 million, with each segment exceeding the high end of the company's outlook. The company achieved a GAAP net income of $46 million for the quarter and record traffic to its mobile apps and websites, reaching 201 million average monthly unique users.

Zillow Group's Q3 2020 results showed strong financial performance with total consolidated revenue of $657 million. The company reported a consolidated GAAP net income of $40 million and Adjusted EBITDA of $152 million. Traffic to Zillow Group's mobile apps and websites reached a record 236 million average monthly unique users.

Zillow Group's Q2 2020 revenue increased by 28% year-over-year to $768 million, primarily driven by Zillow Offers resale volume. The company's mobile apps and websites reached a record 218 million average monthly unique users. The company ended the quarter with $3.5 billion in cash and investments.

Zillow Group's Q1 2020 consolidated revenue grew 148% year over year to $1.1 billion, driven by Zillow Offers and Premier Agent business, despite headwinds from the coronavirus pandemic. The company ended the quarter with a strong balance sheet, with cash and investments growing to $2.6 billion.

Zillow Group's Q4 2019 consolidated revenue grew by 158% and annual revenue grew 106%, driven by expansion within the Homes segment and growth in Zillow Group’s Premier Agent business. The company reported record Q4 and full year results that beat their outlook.