Inferra AI / Company / Z
Zillow Group, Inc.
Z · Industrials
Last earnings Aug 5, 2026
Key results
Revenuequarter
2%
Q2 revenue outperformed the residential real estate industry s year-over-year total transaction value growth of 2% according to industry data tracked and estimated by Zillow, 1 and 1% according to NAR.
SEC original ↗Zillow Group, Inc. — Earnings release (8-K exhibit)EX-99Aug 6, 2025
For Sale revenuequarter
9%
For Sale revenue was up 9% year over year to $482 million in Q2.
SEC original ↗Zillow Group, Inc. — Earnings release (8-K exhibit)EX-99Aug 6, 2025
Residential revenuequarter
6%
Residential revenue was up 6% year over year in Q2 to $434 million, benefiting from growth in the company s agent and software offerings, as well as the company s New Construction marketplace.
SEC original ↗Zillow Group, Inc. — Earnings release (8-K exhibit)EX-99Aug 6, 2025
Mortgages revenuequarter
41%
Mortgages revenue increased 41% year over year to $48 million in Q2, primarily due to a 48% increase in purchase loan origination volume to $1.1 billion.
SEC original ↗Zillow Group, Inc. — Earnings release (8-K exhibit)EX-99Aug 6, 2025
Rentals revenuequarter
36%
Rentals revenue increased 36% year over year to $159 million in Q2, primarily driven by multifamily revenue growing 56% year over year.
SEC original ↗Zillow Group, Inc. — Earnings release (8-K exhibit)EX-99Aug 6, 2025
Net incomequarter
$2 million
On a GAAP basis, net income was $2 million in Q2, and net income margin was 0%.
SEC original ↗Zillow Group, Inc. — Earnings release (8-K exhibit)EX-99Aug 6, 2025
For Sale revenue increased 9% year over year, with Residential revenue up 6% and Mortgages revenue up 41%.
SEC original ↗Zillow Group, Inc. — Presentation / slide deck (8-K exhibit)EX-99Aug 6, 2025
Rentals revenue growth accelerated in Q2 to 36% year over year.
SEC original ↗Zillow Group, Inc. — Presentation / slide deck (8-K exhibit)EX-99Aug 6, 2025
AI analysis
Q2 2025 · reported Aug 6, 2025
Based on: Earnings release + Q2 2025 deck + parent 8-K + 10-Q — transcript not held
Headline figures
| Metric | Q2 2025 | Prior qtr | Year ago |
|---|---|---|---|
| Revenue | 2% | — | — |
| For Sale revenue | 9% | — | — |
| Residential revenue | 6% | — | — |
| Mortgages revenue | 41% | — | — |
| Rentals revenue | 36% | — | — |
| Net income | $2 million | — | — |
Guidance · company-stated
No guidance located in the held release
Capital allocation
Cash and investments at the end of Q2 were $1.2 billion, down from $1.6 billion at the end of Q1, primarily due to the May 2025 settlement of the company s remaining $419 million of convertible notes and $150 million in share repurchases.
However, we provide non-GAAP net income per share as supplemental information to investors, as we believe the exclusion of the results of share-based compensation, impairment costs, loss on extinguishment of debt and income taxes facilitates investors operating performance comparisons on a period-to-period basis.
Event summary
Zillow s Q2 results reflect how the power of our strategy and the strength of our execution are fueling growth across the company, said Zillow Chief Executive Officer Jeremy Wacksman
Based on: Earnings release + Q2 2025 deck + parent 8-K + 10-Q — transcript not held
Guidance & outlook
No guidance located in the held release
Capital allocation
Cash and investments at the end of Q2 were $1.2 billion, down from $1.6 billion at the end of Q1, primarily due to the May 2025 settlement of the company s remaining $419 million of convertible notes and $150 million in share repurchases.
SEC original ↗Zillow Group, Inc. — Earnings release (8-K exhibit)EX-99Aug 6, 2025
However, we provide non-GAAP net income per share as supplemental information to investors, as we believe the exclusion of the results of share-based compensation, impairment costs, loss on extinguishment of debt and income taxes facilitates investors operating performance comparisons on a period-to-period basis.
SEC original ↗Zillow Group, Inc. — Earnings release (8-K exhibit)EX-99Aug 6, 2025
Cash and investments at the end of Q2 were $1.2 billion, down from $1.6 billion at the end of Q1, primarily due to the May 2025 settlement of our remaining $419 million of convertible notes and $150 million in share repurchases.
SEC original ↗Zillow Group, Inc. — Presentation / slide deck (8-K exhibit)EX-99Aug 6, 2025
We are now convertible debt-free and have $981 million remaining on our share repurchase authorization as of the end of Q2.
SEC original ↗Zillow Group, Inc. — Presentation / slide deck (8-K exhibit)EX-99Aug 6, 2025
Our year-to-date share repurchases of $400 million are expected to offset stock-based compensation expenses for 2025.
SEC original ↗Zillow Group, Inc. — Presentation / slide deck (8-K exhibit)EX-99Aug 6, 2025
22We have excluded from our outlook for Weighted-average shares outstanding - diluted any potentially anti-dilutive impact of future share repurchases or capped call unwinds.
SEC original ↗Zillow Group, Inc. — Presentation / slide deck (8-K exhibit)EX-99Aug 6, 2025
Strategy & priorities
Zillow s Q2 results reflect how the power of our strategy and the strength of our execution are fueling growth across the company, said Zillow Chief Executive Officer Jeremy Wacksman.
SEC original ↗Zillow Group, Inc. — Earnings release (8-K exhibit)EX-99Aug 6, 2025
Forward-Looking Statements This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934 that involve risks and uncertainties, including, without limitation, statements regarding the company s business strategies, the execution of those strategies, and their impact on consumers and real estate professionals .
SEC original ↗Zillow Group, Inc. — Earnings release (8-K exhibit)EX-99Aug 6, 2025
We re staying disciplined on costs and are on track to deliver on our full-year 2025 targets, including continued Adjusted EBITDA margin expansion and positive GAAP net income.
SEC original ↗Zillow Group, Inc. — Presentation / slide deck (8-K exhibit)EX-99Aug 6, 2025
Our relentless focus on creating great products and experiences is part of what makes Zillow a beloved brand that is #1 in traffic1 in both for-sale and rentals.
SEC original ↗Zillow Group, Inc. — Presentation / slide deck (8-K exhibit)EX-99Aug 6, 2025
1 | Q2 2025 FOR SALE Our For Sale strategy is to deliver an integrated transaction experience across Zillow, with innovative products and services that solve problems for everyone involved in the move.
SEC original ↗Zillow Group, Inc. — Presentation / slide deck (8-K exhibit)EX-99Aug 6, 2025
Risks & headwinds
Forward-Looking Statements This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934 that involve risks and uncertainties, including, without limitation, statements regarding the company s business strategies, the execution of those strategies, and their impact on consumers and real estate professionals .
SEC original ↗Zillow Group, Inc. — Earnings release (8-K exhibit)EX-99Aug 6, 2025
Differences in Zillow Group s actual results from those described in these forward-looking statements may result from actions taken by Zillow Group as well as from risks and uncertainties beyond Zillow Group s control.
SEC original ↗Zillow Group, Inc. — Earnings release (8-K exhibit)EX-99Aug 6, 2025
The foregoing list of risks and uncertainties is illustrative but not exhaustive.
SEC original ↗Zillow Group, Inc. — Earnings release (8-K exhibit)EX-99Aug 6, 2025
11 | Q2 2025 Forward-Looking Statements This communication contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934 that involve risks and uncertainties, including, without limitation, statements regarding our future targets and opportunities; the future growth, performance and operation of our business; our business strategies and ability to translate such strategies into financial performance; and the health of, and our impact on, the residential real estate industry.
SEC original ↗Zillow Group, Inc. — Presentation / slide deck (8-K exhibit)EX-99Aug 6, 2025
Projections, assumptions and estimates of future performance are necessarily subject to a high degree of uncertainty and risk.
SEC original ↗Zillow Group, Inc. — Presentation / slide deck (8-K exhibit)EX-99Aug 6, 2025
Legal Proceedings 43 Item 1A.
SEC original ↗Zillow Group, Inc. — 10-Q Quarterly report10-QAug 5, 2026
Earnings deck slides
0 decks with slide viewZillow Group, Inc. — Presentation / slide deck (8-K exhibit) — Slide view unavailable — this deck was filed as a web document, whose text has no page boundaries.
Zillow Group, Inc. — Presentation / slide deck (8-K exhibit) — Slide view unavailable — this deck was filed as a web document, whose text has no page boundaries.
Zillow Group, Inc. — Presentation / slide deck (8-K exhibit) — Slide view unavailable — this deck was filed as a web document, whose text has no page boundaries.
Zillow Group, Inc. — Presentation / slide deck (8-K exhibit) — Slide view unavailable — this deck was filed as a web document, whose text has no page boundaries.
Zillow Group, Inc. — Presentation / slide deck (8-K exhibit) — Slide view unavailable — this deck was filed as a web document, whose text has no page boundaries.
Competitors
Competitors & peers
Same GICS sector — classification peers, not declared competitors
Filings
30 documents- Q2 2026
- 8-KZ
Sep 17, 2026
- 8-KZ
Aug 24, 2026
- 10-QZ
Aug 5, 2026
- 8-KZ
Aug 5, 2026
- Q1 2026
- 8-KZ
Jun 3, 2026
- 10-QZ
May 6, 2026
- 8-KZ
May 6, 2026
- Q4 2025
- 8-KZ
Mar 5, 2026
- 10-KZ
Feb 11, 2026
- 8-KZ
Feb 10, 2026
- 8-KZ
Jan 30, 2026
- Q3 2025
- 10-QZ
Oct 30, 2025
- 8-KZ
Oct 30, 2025
- Q2 2025
- 8-KZ
Aug 25, 2025
- 10-QZ
Aug 6, 2025
- 8-KZ
Aug 6, 2025
- Q1 2025
- 8-KZ
Jun 3, 2025
- 8-KZ
May 16, 2025
- 10-QZ
May 7, 2025
- 8-KZ
May 7, 2025
- Q4 2024
- 10-KZ
Feb 11, 2025
- 8-KZ
Feb 11, 2025
- Q3 2024
- 8-KZ
Dec 19, 2024
- 8-KZ
Nov 14, 2024
- 10-QZ
Nov 6, 2024
- 8-KZ
Nov 6, 2024
- 8-KZ
Oct 8, 2024
- Q2 2024
- 8-KZ
Sep 4, 2024
- 8-KZ
Aug 7, 2024
- 10-QZ
Aug 7, 2024
Earnings releases
20 documentsPresentations
5 documents
Transcripts
0 documentsNo transcripts for Zillow Group, Inc. are held in this edition of the library.
Mentioned by
4 companiesOther tracked companies whose held documents mention Zillow Group, Inc. by name or ticker. A mention is counted once per document, from the document text the library holds.
“and interconnected obligations to provide content license and lead generation services to Zillow. The transaction… …380 Change in assets and liabilities: Accounts receivable, net 1,152 (23,928 ) Inventory — — Pre”
“o. “By connecting our acquisition of LiveEasy with new industry leading partners, such as Zillow and Second Nature, all enabled through… …from) for income taxes 5,409 (1,581) Net income $ 31,383 $ 38,663 Net income per common share: Basic $ 0.8”
“; our inability to maintain or increase internet traffic… …March 31, 2025, as reported in Zillow Group’s Quarterly Report on Form 10-Q dated May 7, 2025. 2025 Outlook “We exceeded the top-end of our revenue and adjusted EBITDA guidance in Q2 deliveri”
“nc. Third Quarter 2017 Guidance • Net sales are expected to be between $39.25… …BP, and Zillow Group. • AWS customers continue to ramp their use of Amazon Machine Learning and Artificial Intelligence services with American Heart Association, Fr”
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