Zillow Q1 2022 Earnings Report
Key Takeaways
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 Q1 results met or exceeded the company’s outlook at a consolidated level and for all three reportable segments.
Consolidated Q1 revenue was $4.3 billion.
Consolidated GAAP net income was $16 million in Q1.
Traffic to Zillow Group’s mobile apps and websites in Q1 was 211 million average monthly unique users, a decrease of 5% year over year.
Zillow
Zillow
Zillow Revenue by Segment
Forward Guidance
Complete financial results for the first quarter and outlook for the second quarter of 2022 can be found in the company’s shareholder letter on the Investor Relations section of Zillow Group’s website
Revenue & Expenses
Visualization of income flow from segment revenue to net income