Zillow
🇺🇸 NASDAQ:Z
•
Dec 31, 2024
Zillow Q4 2024 Earnings Report
Key Takeaways
Zillow Group reported strong Q4 2024 results, exceeding revenue and Adjusted EBITDA expectations. Revenue grew 17% year-over-year to $554 million, driven by strong growth in the Rentals and Mortgages segments. The company posted a net loss of $52 million, improving from a $73 million loss in Q4 2023.
Zillow Revenue
Zillow EPS
Zillow Revenue by Segment
Forward Guidance
Zillow expects continued revenue growth in 2025, with an emphasis on expanding its mortgage and rental businesses while enhancing digital solutions.
Positive Outlook
- Strong growth in Rentals and Mortgages expected to continue.
- Expansion of Zillow Showcase improving customer conversion.
- Market share gains in residential real estate transactions.
- Strategic investments in AI-driven real estate tools.
- Improved financial efficiency with positive Adjusted EBITDA trends.
Challenges Ahead
- Macroeconomic uncertainty may impact housing market demand.
- Rising interest rates could slow mortgage segment growth.
- Competition in digital real estate services remains high.
- Challenges in maintaining high traffic and engagement levels.
- Continued net losses despite revenue growth.
Revenue & Expenses
Visualization of income flow from segment revenue to net income