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Dec 31, 2020
Zillow Q4 2020 Earnings Report
Zillow Group's Q4 2020 financial results were announced, revealing revenue growth and strategic investments.
Key Takeaways
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.
Consolidated fourth quarter revenue reached $789 million, surpassing expectations.
GAAP net income for the fourth quarter was $46 million.
Zillow Group's mobile apps and websites hit a fourth-quarter record of 201 million average monthly unique users.
The company exited 2020 with cash and investments of $3.9 billion.
Zillow
Zillow
Zillow Revenue by Segment
Revenue & Expenses
Visualization of income flow from segment revenue to net income