Zillow Group, Inc. (ZG)

Zillow Group Income Statement

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

Year Ending	TTM	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Revenue	2,005	1,945	1,958	2,132	1,624	2,743
Revenue Growth (YoY)	6.03%	-0.66%	-8.16%	31.28%	-40.79%	105.68%
Cost of Revenue	452	421	367	323	255	1,544
Gross Profit	1,553	1,524	1,591	1,809	1,369	1,199
Selling, General & Admin	1,230	1,211	1,162	1,129	859	1,095
Research & Development	570	560	498	421	324	350.92
Other Operating Expenses	23	23	24	20	77	0.65
Operating Expenses	1,823	1,794	1,684	1,570	1,260	1,446
Operating Income	-270	-270	-93	239	109	-247.49
Interest Expense / Income	36	36	35	128	138	101.79
Other Expense / Income	-153	-152	-30	640	141	-39.66
Pretax Income	-153	-154	-98	-529	-170	-309.62
Income Tax	6	4	3	-1	-8	-4.26
Net Income	-159	-158	-101	-528	-162	-305.36
Shares Outstanding (Basic)	235	234	242	250	224	206
Shares Outstanding (Diluted)	235	234	242	262	231	206
Shares Change	0.12%	-3.55%	-7.51%	13.13%	12.14%	4.26%
EPS (Basic)	-0.69	-0.68	-0.42	-2.11	-0.72	-1.48
EPS (Diluted)	-0.69	-0.68	-0.42	-2.02	-0.70	-1.48
Free Cash Flow	198	219	4,389	-3,251	338	-679.22
Free Cash Flow Per Share	0.84	0.94	18.12	-13.01	1.51	-3.29
Gross Margin	77.46%	78.35%	81.26%	84.85%	84.30%	43.70%
Operating Margin	-13.47%	-13.88%	-4.75%	11.21%	6.71%	-9.02%
Profit Margin	-7.93%	-8.12%	-5.16%	-24.77%	-9.98%	-11.13%
Free Cash Flow Margin	9.88%	11.26%	224.16%	-152.49%	20.81%	-24.76%
EBITDA	118	104	117	-248	103	-97.22
EBITDA Margin	5.89%	5.35%	5.98%	-11.63%	6.34%	-3.54%
Depreciation & Amortization	235	222	180	153	135	110.61
EBIT	-117	-118	-63	-401	-32	-207.83
EBIT Margin	-5.84%	-6.07%	-3.22%	-18.81%	-1.97%	-7.58%

Source: Financials are provided by Nasdaq Data Link and sourced from the audited annual (10-K) and quarterly (10-Q) reports submitted to the Securities and Exchange Commission (SEC).