Zillow Group, Inc. (Z) revenue by segment
ZNasdaqServices-Business Services, NECFiscal year ends December 31Also trades as ZG
Financials through Q2 FY2026, quarter ended Jun 30, 2026Last filing: 10-Q on Aug 5, 2026Score 6/3013% above fair value
$30.96−0.03 (-0.10%)
Close on Oct 30, 2026Market cap $6.80BP/E 137.5Yield –
Zillow Group, Inc. revenue by segment
By business segment
| Revenue | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | % of revenue | YoY |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Reportable Segments | $2.58B | $2.24B | $1.95B | $1.96B | – | – | – | – | – | – | 100.0% | +15.5% |
| IMT | – | – | – | $1.84B | $1.89B | $1.45B | $1.28B | $1.20B | $996.20M | – | – | – |
| Mortgages Segment | – | – | – | $119.00M | $246.00M | $174.00M | $100.69M | $80.05M | $80.59M | – | – | – |
| Homes | – | – | – | $0 | $0 | $0 | $1.37B | $52.37M | $0 | – | – | – |
| Operating income | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | YoY |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Reportable Segments | -$34.00M | -$197.00M | -$270.00M | -$93.00M | – | – | – | – | – | – | -82.7% |
| IMT | – | – | – | $167.00M | $545.00M | $257.00M | $80.06M | -$57.64M | -$151.75M | – | – |
| Mortgages Segment | – | – | – | -$167.00M | -$52.00M | $5.00M | -$45.42M | -$13.82M | -$10.13M | – | – |
| Homes | – | – | – | -$93.00M | -$254.00M | -$153.00M | -$282.13M | -$60.18M | $0 | – | – |
By product or service
| Revenue | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | % of revenue | YoY |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total For Sale revenue | $1.90B | $1.74B | $1.55B | $1.64B | – | – | – | – | – | – | 73.7% | +9.4% |
| Residential | $1.70B | $1.59B | $1.45B | $1.52B | $1.57B | – | – | – | – | – | 66.0% | +6.9% |
| Rentals | $630.00M | $453.00M | $357.00M | $274.00M | $264.00M | – | – | $134.59M | – | – | 24.4% | +39.1% |
| Mortgages | $199.00M | $145.00M | $96.00M | $119.00M | $246.00M | – | – | $80.05M | $80.59M | $71.13M | 7.7% | +37.2% |
| Other | $50.00M | $44.00M | $40.00M | $43.00M | $50.00M | – | – | $168.22M | – | – | 1.9% | +13.6% |
| IMT | – | – | – | – | – | – | – | $1.28B | $1.08B | $846.59M | – | – |
| Homes | – | – | – | – | – | – | – | $52.37M | $0 | $0 | – | – |
| Premier Agent | – | – | – | – | – | – | – | $898.33M | – | – | – | – |
By region
From the segment and revenue-disaggregation notes of Zillow's 10-K and 10-Q filings (XBRL). Fourth-quarter figures are the fiscal year less the first nine months. Segment names follow the company's own labels and can change when it reorganizes.