Zillow Group, Inc.
Market Data Current As Of: August 17, 2026
Explore Zillow Group
Core profile pages, annual revenue records, and related research hubs for this company.
Zillow Group, Inc.
Explore Zillow Group
Core profile pages, annual revenue records, and related research hubs for this company.
Financial Performance
Revenue
$15.4B+
Market Cap
$15.4B
Employees
6,500
Zillow's financial model is characterized by high gross margins (75-80%) and low capital intensity following the exit of iBuying. Annual revenue expanded from $1.94 billion in 2023 to over $2.3 billion in FY2025, driven by rapid double-digit growth in its Rentals segment (over $400M run rate) and mortgage attachment through Zillow Home Loans.
Revenue Trend Analysis
YoY Change
+13.4%
4-Year CAGR
+3.5%
Peak Year
2025
Trend
Mostly Growing
Zillow Group, Inc. has reported revenue across 5 fiscal years, compounding at +3.5% annually over 4 years. The most recent year saw a 13.4% increase versus the prior year. Revenue peaked in 2025 at $2.5B. Out of 4 reported periods, 2 showed growth and 2 showed a decline.
| Fiscal Year | Revenue | YoY Change |
|---|---|---|
| FY2025 | $2.5B | +13.4% |
| FY2024 | $2.2B | +11.1% |
| FY2023 | $1.9B | -0.7% |
| FY2022 | $2.0B | -8.2% |
| FY2021 | $2.1B | — |
Source: SEC EDGAR filings, annual earnings releases, and verified financial disclosures.
Click any row to see year details.
Zillow generated $2.16B in FY2024 revenue and expanded toward $2.45B in FY2025.
Following the exit from iBuying, Zillow's gross margins recovered to between 75% and 80%.
Investments in Supply Chain Resilience are expected to temporarily compress short-term margins while significantly expanding the long-term total addressable market and free cash flow.
Using these figures? Please credit CorpDigest with a link.
CorpDigest. "Zillow Group, Inc. Revenue & Financials." CorpDigest, https://corpdigest.com/company/zillow/financials.<div style="font-family:system-ui,sans-serif;font-size:14px;line-height:1.5;border:1px solid #e2e8f0;border-radius:8px;padding:12px 16px;max-width:520px"><strong>Zillow Group, Inc. reported $2B in revenue (FY2025).</strong><br>Source: <a href="https://corpdigest.com/company/zillow/financials" target="_blank" rel="noopener">CorpDigest — Zillow Group, Inc. financials</a></div>