Zillow Group Income Statement

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

Millions USD. Fiscal year is Jan - Dec.

Year	2023	2022	2021	2020	2019	2018 - 2008
Revenue	1,945	1,958	2,132	1,624	2,743	Upgrade
Revenue Growth (YoY)	-0.66%	-8.16%	31.28%	-40.79%	105.68%	Upgrade
Cost of Revenue	421	367	323	255	1,544	Upgrade
Gross Profit	1,524	1,591	1,809	1,369	1,199	Upgrade
Selling, General & Admin	1,211	1,162	1,129	859	1,095	Upgrade
Research & Development	560	498	421	324	350.92	Upgrade
Other Operating Expenses	23	24	20	77	0.65	Upgrade
Operating Expenses	1,794	1,684	1,570	1,260	1,446	Upgrade
Operating Income	-270	-93	239	109	-247.49	Upgrade
Interest Expense / Income	36	35	128	138	101.79	Upgrade
Other Expense / Income	-152	-30	640	141	-39.66	Upgrade
Pretax Income	-154	-98	-529	-170	-309.62	Upgrade
Income Tax	4	3	-1	-8	-4.26	Upgrade
Net Income	-158	-101	-528	-162	-305.36	Upgrade
Shares Outstanding (Basic)	234	242	250	224	206	Upgrade
Shares Outstanding (Diluted)	234	242	262	231	206	Upgrade
Shares Change	-3.55%	-7.51%	13.13%	12.14%	4.26%	Upgrade
EPS (Basic)	-0.68	-0.42	-2.11	-0.72	-1.48	Upgrade
EPS (Diluted)	-0.68	-0.42	-2.02	-0.70	-1.48	Upgrade
Free Cash Flow	219	4,389	-3,251	338	-679.22	Upgrade
Free Cash Flow Per Share	0.94	18.12	-13.01	1.51	-3.29	Upgrade
Gross Margin	78.35%	81.26%	84.85%	84.30%	43.70%	Upgrade
Operating Margin	-13.88%	-4.75%	11.21%	6.71%	-9.02%	Upgrade
Profit Margin	-8.12%	-5.16%	-24.77%	-9.98%	-11.13%	Upgrade
Free Cash Flow Margin	11.26%	224.16%	-152.49%	20.81%	-24.76%	Upgrade
EBITDA	104	117	-248	103	-97.22	Upgrade
EBITDA Margin	5.35%	5.98%	-11.63%	6.34%	-3.54%	Upgrade
Depreciation & Amortization	222	180	153	135	110.61	Upgrade
EBIT	-118	-63	-401	-32	-207.83	Upgrade
EBIT Margin	-6.07%	-3.22%	-18.81%	-1.97%	-7.58%	Upgrade

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).