MarketBrain

ZILLOW GROUP, INC.

Financial highlights

MetricFY December 31, 2025FY December 31, 2024FY December 31, 2023FY December 31, 2022FY December 31, 2021
Revenue$2.6B$2.2B$1.9B$2.0B$2.1B
Gross profit$1.9B$1.7B$1.5B$1.6B$1.8B
Operating income-$34.0M-$197.0M-$270.0M-$93.0M$239.0M
Cost of revenue$668.0M$527.0M$421.0M$367.0M$323.0M
Cash from operations$368.0M$428.0M$354.0M$4.5B-$3.2B
Capital expenditure$133.0M$143.0M$135.0M$115.0M$74.0M
Free cash flow$235.0M$285.0M$219.0M$4.4B-$3.3B
Share repurchases$670.0M$301.0M$424.0M$947.0M$302.0M
Impairments$0$0$0$0
Total assets$5.7B$5.8B$6.7B$6.6B$10.7B
Total liabilities$801.0M$981.0M$2.1B$2.1B$5.4B
Total debt$563.0M$1.7B$1.7B$1.4B

Shares outstanding 228.8M · Free float 52.3%

Annual filing data through FY ended December 31, 2025; float as of June 27, 2026.