Services-Business Services, NEC · SIC 7389

ZILLOW GROUP, INC.

Z

Watch

Latest revenue

$708.0M

as of 2026-03-31

Latest net income

$46.0M

as of 2026-03-31

Net margin

6.5%

as of 2026-03-31

Price · 5Y

-21.0% / yr 34.7 pts / yr vs S&P 500 69.0% total
Compare:

Live market

delayed ≤15 min
$36.34
1.12%
Market cap
Enterprise value
P/E (trailing)
Forward P/E
P/B
Dividend yield
0.0%
52-wk high
$93.88
52-wk low
$34.70
Beta
Shares out

5-year trend

What this company does

AI

Item 1. Business. Overview We are reimagining residential real estate to make home a reality for more and more people. As the most visited real estate app and website in the United States1, Zillow connects hundreds of millions of consumers with innovative technology, trusted agents and loan officers, and seamless digital solutions. With industry-leading tools and resources, Zillow supercharges real estate professionals so they can grow their businesses and deliver exceptional client experiences. For renters and housing providers, Zillow offers not only a robust marketplace but a set of end-to-end products and services to streamline applications, leases, payments and more. Zillow’s ecosystem…

AI summary unavailable — showing raw filing excerpt

Generated from Z's filing dated 2026-02-11

Key risks

AI

Table of Contents Item 1A. Risk Factors. Risk Factor Summary Below is a summary of the principal factors that we believe make an investment in Zillow Group speculative or risky. This summary does not address all of the risks that we face. Additional discussion of the risks summarized in this risk factor summary, and other risks that we face, can be found after this summary, and should be carefully considered, together with other information in this Annual Report on Form 10-K and our other filings with the SEC before making an investment decision regarding Zillow Group, including an investment in our Class A common stock or Class C capital stock. Risks Related to Our Business and Industry…

AI summary unavailable — showing raw filing excerpt

Generated from Z's filing dated 2026-02-11

Profitability

Gross margin

74.1%

3.0%

Operating margin

-1.3%

85.1%

Net margin

0.9%

117.8%

Return on equity

0.5%

120.4%

Return on assets

0.4%

121.1%

Leverage

Debt / equity

0.16×

19.0%

Long-term debt / equity

0.25×

Debt / assets

14.1%

16.3%

Earnings tracker

QuarterRevenueYoYNet incomeYoYNet margin

Q1 2026

2026-03-31

$708.0M+18.4%$46.0M+475.0%6.5%

Q4 2025

2025-12-31

$654.0M+18.1%$3.0M+105.8%0.5%

Q3 2025

2025-09-30

$676.0M+16.4%$10.0M+150.0%1.5%

Q2 2025

2025-06-30

$655.0M+14.5%$2.0M+111.8%0.3%

Q1 2025

2025-03-31

$598.0M+13.0%$8.0M+134.8%1.3%

Q4 2024

2024-12-31

$554.0M$-52.0M-9.4%

Q3 2024

2024-09-30

$581.0M+17.1%$-20.0M+28.6%-3.4%

Q2 2024

2024-06-30

$572.0M+13.0%$-17.0M+51.4%-3.0%

Year-over-year change vs the same fiscal quarter one year prior. Revenue + net income sourced from SEC 10-Q / 10-K filings — no analyst-consensus dependency.

Industry trend

Services-Business Services, NEC · SIC 7389

No data yet for industry average

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Insider activity

Insider buying

$0

Insider selling

$100.0M

Net activity

−$100.0M

Distinct insiders

15

Open-market trades over the last 365 days.

Recent transactions

DateInsiderTypeSharesPriceValue
2026-05-18

Dan Spaulding

Chief People Officer

Sale3,078$37.40$115.1K
2026-05-18

Jeremy Hofmann

Chief Financial Officer

Sale5,501$37.40$205.7K
2026-05-15

Bradley D. Owens

General Counsel

Sale3,364$37.23$125.2K
2026-05-14

Dan Spaulding

Chief People Officer

Sale1,906$37.86$72.2K
2026-05-14

Dan Spaulding

Chief People Officer

Sale150$38.74$5.8K
2026-05-14

Jeremy Hofmann

Chief Financial Officer

Sale3,371$37.86$127.6K
2026-05-14

Jeremy Hofmann

Chief Financial Officer

Sale300$38.72$11.6K
2026-05-14

Jeremy Wacksman

Chief Executive Officer

Sale5,751$37.88$217.9K
2026-05-14

Jeremy Wacksman

Chief Executive Officer

Sale300$38.69$11.6K
2026-05-14

Jun Choo

Chief Operating Officer

Sale1,083$37.84$41.0K
2026-05-14

Jun Choo

Chief Operating Officer

Sale145$38.76$5.6K
2026-05-14

David A. Beitel

Chief Technology Officer

Sale1,729$37.86$65.5K
2026-05-14

David A. Beitel

Chief Technology Officer

Sale150$38.74$5.8K
2026-05-14

Jennifer Rock

Chief Accounting Officer

Sale974$37.95$37.0K
2026-05-14

Jennifer Rock

Chief Accounting Officer

Sale60$38.72$2.3K
2026-05-14

Errol G Samuelson

Chief Industry Dev. Officer

Sale2,739$37.92$103.9K
2026-05-14

Errol G Samuelson

Chief Industry Dev. Officer

Sale200$38.70$7.7K
2026-05-14

Bradley D. Owens

General Counsel

Sale1,956$37.83$74.0K
2026-05-14

Bradley D. Owens

General Counsel

Sale290$38.61$11.2K
2026-03-26

Errol G Samuelson

Chief Industry Dev. Officer

Sale4,734$44.20$209.3K
2026-03-24

Bradley D. Owens

General Counsel

Sale8,800$43.67$384.3K
2026-03-03

Erik C Blachford

Director

Sale966$42.85$41.4K
2026-03-03

Thielke Claire Cormier

Director

Sale242$42.85$10.4K

Source: SEC Form 4 filings. Officers, directors, and 10%+ owners must disclose share transactions within two business days. RSU grants and tax-withholding rows are excluded by default — compensation activity is not a trading signal.

Who owns Z

Institutional value

$3.53B

Total shares held

85.7M

Distinct holders

307

-20 vs prior

As of

2026-03-31

Prior: 2025-12-31

Filers with $100M+ AUM disclose holdings 45 days after quarter end.

Top institutional holders

#ManagerSharesValueQoQ changeAction
1Capital World Investors14.2M$587.4M+3.4M (+31.1%)Added
2VANGUARD PORTFOLIO MANAGEMENT LLC14.0M$579.7MNew
3BlackRock, Inc.10.0M$414.1M+29.2K (+0.3%)Added
4VANGUARD CAPITAL MANAGEMENT LLC7.5M$310.4MNew
5Ninety One UK Ltd3.9M$161.5MNew
6Technology Crossover Management IX, Ltd.3.0M$126.1MNew
7Technology Crossover Management VIII, Ltd.2.7M$113.2MNew
8UBS Group AG2.7M$110.3MNew
9Technology Crossover Management XI, Ltd.2.3M$96.7MNew
10DIMENSIONAL FUND ADVISORS LP1.9M$78.5M+338.8K (+21.8%)Added
11JANE STREET GROUP, LLC1.7M$70.0M+921.3K (+119.7%)Added
12JPMORGAN CHASE & CO1.6M$63.3M-269.2K (-14.8%)Trimmed
13Greencape Capital Pty Ltd1.4M$59.9MNew
14Walleye Capital LLC1.3M$52.7M+762.0K (+149.2%)Added
15VANGUARD FIDUCIARY TRUST CO1.1M$44.4MNew
16BAILLIE GIFFORD & CO965.5K$40.0MNew
17UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC950.2K$39.3M+62.1K (+7.0%)Added
18Connor, Clark & Lunn Investment Management Ltd.782.3K$32.4M+377.8K (+93.4%)Added
19Legal & General Group Plc670.2K$27.7MNew
20Sumitomo Mitsui Trust Group, Inc.610.6K$25.3MNew

Source: SEC Form 13F-HR. Positions aggregated across sub-managers within each firm. Options (puts/calls) excluded — common stock only.

Top questions investors are asking

Coming once Z's latest filing finishes processing.