Zillow Group Income Statement

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	2019 - 2015
Period Ending	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020	2019 - 2015
Revenue	2,236	1,945	1,958	2,132	1,624	Upgrade
Revenue Growth (YoY)	14.96%	-0.66%	-8.16%	31.28%	-40.79%	Upgrade
Cost of Revenue	527	421	367	323	255	Upgrade
Gross Profit	1,709	1,524	1,591	1,809	1,369	Upgrade
Selling, General & Admin	1,314	1,211	1,162	1,129	859	Upgrade
Research & Development	585	560	498	421	324	Upgrade
Operating Expenses	1,899	1,771	1,660	1,550	1,183	Upgrade
Operating Income	-190	-247	-69	259	186	Upgrade
Interest Expense	-36	-36	-35	-128	-138	Upgrade
Other Non Operating Income (Expenses)	127	151	43	7	25	Upgrade
EBT Excluding Unusual Items	-99	-132	-61	138	73	Upgrade
Merger & Restructuring Charges	-1	-7	-24	-10	-	Upgrade
Gain (Loss) on Sale of Investments	-	-	-	-	-5	Upgrade
Asset Writedown	-6	-16	-	-10	-72	Upgrade
Other Unusual Items	-1	1	-	-17	1	Upgrade
Pretax Income	-107	-154	-85	101	-3	Upgrade
Income Tax Expense	5	4	3	-1	-8	Upgrade
Earnings From Continuing Operations	-112	-158	-88	102	5	Upgrade
Earnings From Discontinued Operations	-	-	-13	-630	-167	Upgrade
Net Income	-112	-158	-101	-528	-162	Upgrade
Net Income to Common	-112	-158	-101	-528	-162	Upgrade
Shares Outstanding (Basic)	234	234	242	250	224	Upgrade
Shares Outstanding (Diluted)	234	234	242	262	231	Upgrade
Shares Change (YoY)	0.21%	-3.55%	-7.51%	13.13%	12.14%	Upgrade
EPS (Basic)	-0.48	-0.68	-0.42	-2.11	-0.72	Upgrade
EPS (Diluted)	-0.48	-0.68	-0.42	-2.02	-0.70	Upgrade
Free Cash Flow	285	219	4,389	-3,251	338	Upgrade
Free Cash Flow Per Share	1.22	0.94	18.12	-12.42	1.46	Upgrade
Gross Margin	76.43%	78.35%	81.26%	84.85%	84.30%	Upgrade
Operating Margin	-8.50%	-12.70%	-3.52%	12.15%	11.45%	Upgrade
Profit Margin	-5.01%	-8.12%	-5.16%	-24.77%	-9.98%	Upgrade
Free Cash Flow Margin	12.75%	11.26%	224.16%	-152.49%	20.81%	Upgrade
EBITDA	-98	-170	21	353	272	Upgrade
EBITDA Margin	-4.38%	-8.74%	1.07%	16.56%	16.75%	Upgrade
D&A For EBITDA	92	77	90	94	86	Upgrade
EBIT	-190	-247	-69	259	186	Upgrade
EBIT Margin	-8.50%	-12.70%	-3.52%	12.15%	11.45%	Upgrade
Advertising Expenses	175	137	144	206	112	Upgrade

Updated Feb 11, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q