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Jun 30, 2022
Zillow Q2 2022 Earnings Report
Zillow Group's financial performance remained strong despite macroeconomic challenges.
Key Takeaways
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 delivered second-quarter IMT segment and consolidated results in line with their outlook for both revenue and Adjusted EBITDA.
Consolidated Q2 revenue was $1.0 billion, above the midpoint of the outlook range.
Consolidated GAAP net income was $8 million in Q2.
Zillow and Opendoor announced a multi-year partnership.
Revenue by Segment
Forward Guidance
Complete financial results for the second quarter and outlook for the third quarter of 2022 can be found in our shareholder letter on the Investor Relations section of Zillow Group’s website
Revenue & Expenses
Visualization of income flow from segment revenue to net income
Historical Earnings Impact
Analyze how earnings announcements historically affect stock price performance
Avg. Return Before/After Earnings
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