Zillow Group Income Statement 2025-2011 | Z

Brief overview of financial performance at Zillow Group

This overview is based on financial performance over the past five years. The revenue attributed to Zillow Group moved from $1.6 billion to $2.6 billion between the two endpoints. The total change was +59.1%, with a CAGR of approximately 9.7%. Revenue advanced gradually over the five-year period.

Gross profit changed from 1.4 billion dollars to 1.9 billion dollars (+39.9%). The cost base moved against the top-line trend and weighed on the gross result. Comparing the endpoints gives gross margins of 84.3% and 74.1%. A lower margin indicates deterioration in the economics of the core business.

The operating result measured by EBITDA moved from 220 million dollars to 230 million dollars, or +4.5%. EBITDA underperformed the top-line trend. At the operating-margin level, the figure shifted from 13.5% to 8.9%. A lower EBITDA share weakens the quality of the result.

The final result was −162 million dollars initially and 23 million dollars in the final year. The company restored profitability by the end of the period.

Market value was 29.2 billion dollars at the start and 10.7 billion dollars at the end. Investors remain cautious despite better financial results.

What the figures show

Signs of deterioration dominate the five-year picture. The constructive conclusion rests on sales growth and improving net profitability. The overall view is constrained by a lower gross margin, a weaker market valuation and a declining EBITDA margin. Future reports should be judged by revenue momentum, margins, and the conversion of sales into net income.