Z · NASDAQ · Internet Content & Information

Zillow Group Class C

Connects home search and rentals with agents, mortgages, title and closing.

$35.50
After-hours close−0.15 (−0.43%)
At close$35.66(+0.64%)
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Profile

Zillow Group, Inc. Class CZCommunication Services

Runs a U.S. housing marketplace spanning home search, touring, rentals, agent software, mortgages, title and closing. Revenue comes mainly from For Sale services, alongside Rentals and Other, while the model depends on consumer traffic, agent and listing-data relationships, housing transactions and mortgage conditions.

Runs a U.S. housing marketplace built around Zillow, the Zestimate, Trulia and StreetEasy, serving home shoppers, renters, sellers and real-estate professionals. Revenue is reported across For Sale, Rentals and Other, with For Sale the largest category.

Connects consumer search and touring with preferred agents, Zillow Home Loans, rental applications, ShowingTime, Follow Up Boss, and Spruce title and escrow. The model monetizes consumer demand and professional software without returning to direct home inventory ownership after Zillow Offers ended.

Operations are concentrated in U.S. residential real estate. Transaction volume, mortgage conditions, consumer traffic, brand reputation, agent and multiple-listing-service relationships, and access to listing data shape results, while mortgage, real-estate, fair-housing, privacy and cybersecurity rules govern the connected workflow.

Company facts

CEOJeremy Wacksman
ListedAug 3, 2015
ExchangeNASDAQ
HeadquartersSeattle, WA
CountryUnited States
Employees7,068
CIK0001617640
ISINUS98954M2008

Key statistics

Market cap$8.57B
EPS (ttm)$0.2209
P/E (ttm)161.43
ROE1.2%
P/B1.94
P/S3.13
Dividend yield
Beta1.07vs XLC 1.33

Year to date −45.9% · Average volume (30d) 3.6M

Analysts

Price target, next 12 months$60.00+68.3%Median of 46 analysts · vs the Aug 28 close
ConsensusHold21 of 46 analysts rate it buy or better

Ratings

Target range

Latest analyst notes

DateFirmActionPrior ratingRatingPrior targetTarget
Aug 6, 2026Morgan StanleyTarget$70$60
May 8, 2026Morgan StanleyTarget$42$70
May 8, 2026Deutsche BankTarget$68
May 7, 2026Goldman SachsTarget$33$53
Feb 9, 2026Compass PointTarget$80

Earnings

EPS

Estimate$0.58
ReportedDue Oct 29, 2026

Revenue

Estimate$756.1M
ReportedDue Oct 29, 2026

History

Report dateEPS estEPSSurpriseRevenue estRevenueSurpriseNext session
Aug 5, 2026Q2 FY26$0.45$0.52+16.6%$758.1M$772.0M+1.8%−7.40%
May 6, 2026Q1 FY26$0.43$0.53+23.3%$705.1M$708.0M+0.4%−1.91%
Feb 10, 2026Q4 FY25$0.42$0.39−7.1%$650.4M$654.0M+0.5%−16.54%
Oct 30, 2025Q3 FY25$0.43$0.44+2.8%$670.8M$676.0M+0.8%+4.55%
View details

Financial highlights

12 quartersQ1 FY25Q2 FY25Q3 FY25Q4 FY25Q1 FY26Q2 FY26
Revenue$598.0M$655.0M$676.0M$654.0M$708.0M$772.0M
Gross profit$459.0M$489.0M$491.0M$476.0M$519.0M$562.0M
Operating income−$9.0M−$11.0M−$3.0M−$11.0M$36.0M−$10.0M
Net income$8.0M$2.0M$10.0M$3.0M$46.0M−$4.0M
Diluted EPS$0.03$0.01$0.04$0.01$0.19−$0.02
Gross margin76.8%74.7%72.6%72.8%73.3%72.8%
Operating margin-1.5%-1.7%-0.4%-1.7%5.1%-1.3%

Fiscal years (4-quarter sums)FY21 $3.61B · FY22 $1.96B · FY23 $1.95B · FY24 $2.24B · FY25 $2.58B

Revenue by product · Q2 FY26

Sales Revenue$549.0M · 45%
Residential Revenue$465.0M · 38%
Rental Revenue$209.0M · 17%

Balance sheet, Jun 30, 2026Cash & short-term investments $682.0M · Total debt $558.0M · Total assets $5.31B · Shareholders' equity $4.31B

Dividends

No dividends on record.

Ownership

Institutions 73.80%Insiders

Shares outstanding 240.30M · Float 210.04M

Insiders — no current Form 4 position.

This issuer lists more than one class and the share count spans them all, so a stake here reads as a share of the whole company, not of this class.

Top shareholders13F · 13D/G · Form 4

HolderShares% of companyFormFiled
Caledonia (Private) Investments PTY Ltd24.10M10.03%13FAug 14, 2026
Independent Franchise Partners LLP16.30M6.78%13FAug 13, 2026
Capital World Investors14.24M5.93%13FAug 12, 2026
Vanguard Portfolio Management LLC13.33M5.55%13FAug 13, 2026
BlackRock, Inc.8.16M3.40%13FAug 7, 2026

Insider tradesForm 4

DateInsiderRoleSharesAvg price
Aug 17, 2026Jeremy Wacksmandirector, officer: Chief Executive Officer−9,339$34.18
Aug 13, 2026Jeremy Wacksmandirector, officer: Chief Executive Officer−5,786$34.24
Aug 17, 2026Jeremy Hofmannofficer: COO & CFO−5,661$34.18
Aug 13, 2026Jeremy Hofmannofficer: COO & CFO−3,510$34.24
Aug 14, 2026Dan Spauldingofficer: Chief People Officer−3,169$35.37
View details

Peers

  • CoStar Group

    Direct portal rival across home search, rentals and agent marketing

  • Rocket Companies

    Integrated rival in home search, brokerage, mortgages and closing

  • News Corp Class A

    News Corp operates Realtor.com across search, agent ads and seller leads

  • Compass

    Brokerage-led rival in listings, agent software and transaction services

CompareAfter-hours close

CompanyPriceChange
Zillow Group Class C$35.50−0.43%$8.57B161.413.93.1+17.9%
CoStar Group$32.43+0.68%$13.06B175.520.93.7+18.4%
Rocket Companies$13.80+0.22%$38.89B94.319.04.0+113.7%
News Corp Class A$30.65−1.00%$17.38B30.123.02.1+10.8%
Compass$10.99+0.23%$6.67B102.1150.60.6+109.1%
Median98.221.92.9+63.7%