Zillow Group Income Statement

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	2015 - 2019
Period Ending	Mar '25 Mar 31, 2025	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	2015 - 2019
Revenue	2,305	2,236	1,945	1,958	2,132	1,624	Upgrade
Revenue Growth (YoY)	14.96%	14.96%	-0.66%	-8.16%	31.28%	-40.79%	Upgrade
Cost of Revenue	543	527	421	367	323	255	Upgrade
Gross Profit	1,762	1,709	1,524	1,591	1,809	1,369	Upgrade
Selling, General & Admin	1,335	1,314	1,211	1,162	1,129	859	Upgrade
Research & Development	587	585	560	498	421	324	Upgrade
Operating Expenses	1,922	1,899	1,771	1,660	1,550	1,183	Upgrade
Operating Income	-160	-190	-247	-69	259	186	Upgrade
Interest Expense	-43	-36	-36	-35	-128	-138	Upgrade
Other Non Operating Income (Expenses)	127	127	151	43	7	25	Upgrade
EBT Excluding Unusual Items	-76	-99	-132	-61	138	73	Upgrade
Merger & Restructuring Charges	-1	-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	1	-	-17	1	Upgrade
Pretax Income	-78	-107	-154	-85	101	-3	Upgrade
Income Tax Expense	3	5	4	3	-1	-8	Upgrade
Earnings From Continuing Operations	-81	-112	-158	-88	102	5	Upgrade
Earnings From Discontinued Operations	-	-	-	-13	-630	-167	Upgrade
Net Income	-81	-112	-158	-101	-528	-162	Upgrade
Net Income to Common	-81	-112	-158	-101	-528	-162	Upgrade
Shares Outstanding (Basic)	236	234	234	242	250	224	Upgrade
Shares Outstanding (Diluted)	236	234	234	242	262	231	Upgrade
Shares Change (YoY)	1.00%	0.21%	-3.55%	-7.51%	13.13%	12.14%	Upgrade
EPS (Basic)	-0.34	-0.48	-0.68	-0.42	-2.11	-0.72	Upgrade
EPS (Diluted)	-0.34	-0.48	-0.68	-0.42	-2.02	-0.70	Upgrade
Free Cash Flow	312	285	219	4,389	-3,251	338	Upgrade
Free Cash Flow Per Share	1.32	1.22	0.94	18.12	-12.42	1.46	Upgrade
Gross Margin	76.44%	76.43%	78.35%	81.26%	84.85%	84.30%	Upgrade
Operating Margin	-6.94%	-8.50%	-12.70%	-3.52%	12.15%	11.45%	Upgrade
Profit Margin	-3.51%	-5.01%	-8.12%	-5.16%	-24.77%	-9.98%	Upgrade
Free Cash Flow Margin	13.54%	12.75%	11.26%	224.16%	-152.49%	20.81%	Upgrade
EBITDA	-67	-98	-170	21	353	272	Upgrade
EBITDA Margin	-2.91%	-4.38%	-8.74%	1.07%	16.56%	16.75%	Upgrade
D&A For EBITDA	93	92	77	90	94	86	Upgrade
EBIT	-160	-190	-247	-69	259	186	Upgrade
EBIT Margin	-6.94%	-8.50%	-12.70%	-3.52%	12.15%	11.45%	Upgrade
Advertising Expenses	-	175	137	144	206	112	Upgrade

Updated May 7, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q