Zillow Group Class A
Connects consumers and agents through a marketplace built on home information.
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Profile
Public home data and Zestimate anchor a US consumer real-estate marketplace that connects consumers, agents, and transaction services. The portfolio follows a digital model rather than owning home inventory.
Public home data and the Zestimate valuation product underpin a consumer real-estate marketplace for people navigating housing decisions. Its historical roots lie in making property records and valuation information usable as an online consumer service.
The platform connects consumers with agents and supports a technology-enabled, integrated transaction experience across housing decisions rather than operating as a conventional brokerage.
The present portfolio is marketplace- and transaction-services-led rather than an owned-home-inventory business. Consumers sit at the center of that model, which depends on digital home-information tools, use of online services, and relationships linking consumers with agents.
Company facts
Categories
Key statistics
Year to date −44.2% · Average volume (30d) 1.3M
Analysts
Ratings
Target range
Latest analyst notes
| Date | Firm | Action | Prior rating | Rating | Prior target | Target |
|---|---|---|---|---|---|---|
| Aug 25, 2026 | KeyBanc | Reiterate | Overweight | $57 | $48 | |
| Aug 24, 2026 | Deutsche Bank | Target | $80 | |||
| Aug 7, 2026 | DA Davidson | Reiterate | Buy | $75 | $50 | |
| Aug 7, 2026 | Wells Fargo | Reiterate | Equal Weight | $46 | $35 | |
| Aug 6, 2026 | Cantor Fitzgerald | Reiterate | Neutral | $56 | $32 |
Earnings
EPS
Revenue
History
| Report date | EPS est | EPS | Surprise | Revenue est | Revenue | Surprise | Next session |
|---|---|---|---|---|---|---|---|
| Aug 5, 2026Q2 FY26 | $0.44 | $0.52 | +18.2% | $758.2M | $772.0M | +1.8% | −8.48% |
| May 6, 2026Q1 FY26 | $0.43 | $0.53 | +23.3% | $705.2M | $708.0M | +0.4% | −1.76% |
| Feb 10, 2026Q4 FY25 | $0.42 | $0.39 | −7.1% | $650.5M | $654.0M | +0.5% | −17.13% |
| Oct 30, 2025Q3 FY25 | $0.42 | $0.44 | +3.9% | $670.1M | $676.0M | +0.9% | +4.04% |
Financial highlights
| 12 quarters | Q1 FY25 | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 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 margin | 76.8% | 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
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
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
| Holder | Shares | % of company | Form | Filed |
|---|---|---|---|---|
| Caledonia (Private) Investments PTY Ltd | 11.33M | 4.71% | 13F | Aug 14, 2026 |
| Capital World Investors | 4.32M | 10.40% of class | 13G | Aug 6, 2026 |
| Richard N. Barton | 4.19M | 9.20% of class | 13D | Jun 15, 2026 |
| Independent Franchise Partners LLP | 3.67M | 1.53% | 13F | Aug 13, 2026 |
| Lloyd D. Frink | 3.16M | 6.70% of class | 13D | Feb 18, 2026 |
Insider tradesForm 4
| Date | Insider | Role | Shares | Avg price |
|---|---|---|---|---|
| Aug 17, 2026 | Jeremy Wacksman | director, officer: Chief Executive Officer | −9,339 | $34.18 |
| Aug 13, 2026 | Jeremy Wacksman | director, officer: Chief Executive Officer | −5,786 | $34.24 |
| Aug 17, 2026 | Jeremy Hofmann | officer: COO & CFO | −5,661 | $34.18 |
| Aug 13, 2026 | Jeremy Hofmann | officer: COO & CFO | −3,510 | $34.24 |
| Aug 14, 2026 | Dan Spaulding | officer: Chief People Officer | −3,169 | $35.37 |
Peers
- CoStar Group
Homes.com and Apartments.com contest home search and rental advertising.
- Rocket Companies
Redfin, Rocket Mortgage, and Rocket Close span search, brokerage, and finance.
- News Corp Class A
Realtor.com targets search traffic and agent leads across sales and rentals.
- Compass
Brokerage, agent platform, and title services overlap in the transaction flow.
CompareAfter-hours close
| Company | Price | Change | |||||
|---|---|---|---|---|---|---|---|
| Zillow Group Class A | $36.87 | +0.72% | $8.80B | 165.7 | 14.3 | 3.1 | +17.9% |
| CoStar Group | $32.43 | +0.68% | $13.06B | 175.5 | 20.9 | 3.7 | +18.4% |
| Rocket Companies | $13.80 | +0.22% | $38.89B | 94.3 | 19.0 | 4.0 | +113.7% |
| News Corp Class A | $30.65 | −1.00% | $17.38B | 30.1 | 23.0 | 2.1 | +10.8% |
| Compass | $10.99 | +0.23% | $6.67B | 102.1 | 150.6 | 0.6 | +109.1% |
| Median | 98.2 | 21.9 | 2.9 | +63.7% |






