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Jun 30, 2021
Zillow Q2 2021 Earnings Report
Zillow's Q2 2021 financial results were released, showing significant revenue growth and progress in building an integrated real estate experience.
Key Takeaways
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.
Consolidated second-quarter revenue was $1.3 billion, exceeding the high end of the company’s second-quarter outlook.
Consolidated second-quarter gross profit was $538 million, up 92% year over year.
Consolidated net income was $10 million for the second quarter.
Traffic to Zillow Group’s mobile apps and websites reached 229 million average monthly unique users, an increase of 5% year over year.
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Zillow Revenue by Segment
Revenue & Expenses
Visualization of income flow from segment revenue to net income