Loading...
•
Dec 31, 2022
Zillow Q4 2022 Earnings Report
Zillow's Q4 2022 financial results exceeded expectations, driven by higher-than-anticipated margins in the IMT segment.
Key Takeaways
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 fourth-quarter results exceeded the company’s outlook at a consolidated level for both revenue and Adjusted EBITDA.
Consolidated Q4 revenue was $435 million.
IMT segment revenue was above the high end of the company’s outlook range, declining 14% year over year to $417 million.
Rentals revenue increased 13% year over year to $68 million.
Revenue by Segment
Forward Guidance
Complete financial results and outlook for the first quarter of 2023 can be found in the 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
Loading earnings performance data...
Loading earnings reaction data...