Zillow Group, Inc. (Z) stock
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 r&d expenses
Research and development expenses are spending on new products and technology.
Zillow's R&D Expenses for the twelve months ending Jun 30, 2026 was $611.00M, up 2.5% year over year. For fiscal 2025 it was $607.00M, up 3.8% from the year before. Over ten years it grew 12.6% a year on average. The highest annual figure on record is $607.00M in fiscal 2025.
Annual r&d expenses
| Period | Period end | Value | Change |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | $607.00M | +3.8% |
| FY2024 | Dec 31, 2024 | $585.00M | +4.5% |
| FY2023 | Dec 31, 2023 | $560.00M | +12.4% |
| FY2022 | Dec 31, 2022 | $498.00M | +18.3% |
| FY2021 | Dec 31, 2021 | $421.00M | +29.9% |
| FY2020 | Dec 31, 2020 | $324.00M | -7.7% |
| FY2019 | Dec 31, 2019 | $350.92M | -14.6% |
| FY2018 | Dec 31, 2018 | $410.82M | +28.4% |
| FY2017 | Dec 31, 2017 | $319.99M | +25.2% |
| FY2016 | Dec 31, 2016 | $255.58M | +38.5% |
| FY2015 | Dec 31, 2015 | $184.48M | +117.9% |
| FY2014 | Dec 31, 2014 | $84.67M | +74.6% |
| FY2013 | Dec 31, 2013 | $48.50M | – |
Quarterly r&d expenses
Change is against the same quarter a year earlier.
| Period | Period end | Value | Change |
|---|---|---|---|
| Q2 FY2026 | Jun 30, 2026 | $156.00M | +2.0% |
| Q1 FY2026 | Mar 31, 2026 | $150.00M | +0.7% |
| Q4 FY2025 | Dec 31, 2025 | $154.00M | +3.4% |
| Q3 FY2025 | Sep 30, 2025 | $151.00M | +4.1% |
| Q2 FY2025 | Jun 30, 2025 | $153.00M | +6.3% |
| Q1 FY2025 | Mar 31, 2025 | $149.00M | +1.4% |
| Q4 FY2024 | Dec 31, 2024 | $149.00M | +5.7% |
| Q3 FY2024 | Sep 30, 2024 | $145.00M | +2.1% |
| Q2 FY2024 | Jun 30, 2024 | $144.00M | +2.9% |
| Q1 FY2024 | Mar 31, 2024 | $147.00M | +7.3% |
| Q4 FY2023 | Dec 31, 2023 | $141.00M | +9.3% |
| Q3 FY2023 | Sep 30, 2023 | $142.00M | 0.0% |
| Q2 FY2023 | Jun 30, 2023 | $140.00M | +17.6% |
| Q1 FY2023 | Mar 31, 2023 | $137.00M | +26.9% |
| Q4 FY2022 | Dec 31, 2022 | $129.00M | +26.5% |
| Q3 FY2022 | Sep 30, 2022 | $142.00M | +40.6% |
| Q2 FY2022 | Jun 30, 2022 | $119.00M | -7.8% |
| Q1 FY2022 | Mar 31, 2022 | $108.00M | -10.0% |
| Q4 FY2021 | Dec 31, 2021 | $102.00M | +226.5% |
| Q3 FY2021 | Sep 30, 2021 | $101.00M | +6.6% |
| Q2 FY2021 | Jun 30, 2021 | $129.00M | +32.3% |
| Q1 FY2021 | Mar 31, 2021 | $120.00M | -11.1% |
| Q4 FY2020 | Dec 31, 2020 | $31.24M | -75.1% |
| Q3 FY2020 | Sep 30, 2020 | $94.77M | -23.6% |
| Q2 FY2020 | Jun 30, 2020 | $97.51M | -19.0% |
| Q1 FY2020 | Mar 31, 2020 | $134.92M | +25.2% |
| Q4 FY2019 | Dec 31, 2019 | $125.27M | +12.7% |
| Q3 FY2019 | Sep 30, 2019 | $123.97M | +17.7% |
| Q2 FY2019 | Jun 30, 2019 | $120.33M | +19.9% |
| Q1 FY2019 | Mar 31, 2019 | $107.77M | +14.7% |
| Q4 FY2018 | Dec 31, 2018 | $111.20M | +30.5% |
| Q3 FY2018 | Sep 30, 2018 | $105.31M | +26.3% |
| Q2 FY2018 | Jun 30, 2018 | $100.38M | +27.8% |
| Q1 FY2018 | Mar 31, 2018 | $93.93M | +28.9% |
| Q4 FY2017 | Dec 31, 2017 | $85.19M | +26.5% |
| Q3 FY2017 | Sep 30, 2017 | $83.39M | +29.3% |
| Q2 FY2017 | Jun 30, 2017 | $78.54M | – |
| Q1 FY2017 | Mar 31, 2017 | $72.87M | – |
| Q4 FY2016 | Dec 31, 2016 | $67.32M | – |
| Q3 FY2016 | Sep 30, 2016 | $64.50M | – |