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Zillow Group, Inc. revenue

Zillow Group, Inc.'s revenue was $2.58bn in fiscal 2025, up 15.5% on the year before. Since fiscal 2013 ($198m) it has grown at a compound 23.9% a year. Over the last twelve months it was $2.81bn.

Revenue history

US$ millions unless shown otherwise. Fiscal years, plus the last twelve months (LTM) when newer.

Fiscal year2013Dec 20132014Dec 20142015Dec 20152016Dec 20162017Dec 20172018Dec 20182019Dec 20192020Dec 20202021Dec 20212022Dec 20222023Dec 20232024Dec 20242025Dec 2025LTMJun 2026
Revenue1983266458471,0771,3342,7431,6242,1321,9581,9452,2362,5832,810
Growth on the year before—+65.0%+97.8%+31.3%+27.2%+23.8%+105.7%−40.8%+31.3%−8.2%−0.7%+15.0%+15.5%—
Gross profit1792965857779921,1801,1991,3691,8091,5911,5241,7091,9152,048
Gross margin90.5%91.0%90.7%91.8%92.1%88.5%43.7%84.3%84.8%81.3%78.4%76.4%74.1%72.9%

Revenue as reported in the company's 10-K and 10-Q filings (for banks, net interest income plus non-interest income). Growth is left blank when the earlier figure was zero or negative.

Where the revenue comes from

Fiscal year to December 31, 2025
Products and services
Line of business Revenue Share YoY
Sales Revenue $1.9B 73.7% ▲ 9.4%
Residential Revenue $1.7B 89.5% ▲ 6.9%
Mortgage Revenue $199M 10.5% ▲ 37.2%
Rental Revenue $630M 24.4% ▲ 39.1%
Display Advertising and Other Revenue $50M 1.9% ▲ 13.6%

From Zillow Group, Inc.'s 10-K filed February 11, 2026, as tagged in the filing. View filing. Indented rows are part of the line above; their share is of that line. In the bars, the faint bar behind is the year before.

Revenue against peers

Real Estate Services: the closest covered companies by revenue. Last twelve months.

CompanyRevenueGrowth3-year growth a year
Zillow Group, Inc. $2.81bn 17.7% 14.1%
Opendoor Technologies Inc. $3.25bn -37.2% -34.0%
Newmark Group, Inc. $3.60bn 20.8% 14.9%
CoStar Group $3.67bn 20.2% 15.4%
Agnt, Inc. $4.96bn 8.1% 5.4%
IHS Holding Ltd $1.58bn 3.6% —

Compare with peers

Head to head: OPEN vs ZNMRK vs ZCSGP vs ZIHS vs Z

More: Real Estate Services stocks compared, Real Estate sector, rankings of US companies

Figures from Zillow Group, Inc.'s SEC filings (10-K and 10-Q), retrieved October 20, 2026. How we read and check them: methodology and data sources. Not investment advice. Back to Zillow Group, Inc.