Zillow Group, Inc. reaffirmed earnings guidance for the first quarter ending March 31, 2026 and full year 2026. For the quarter, the company expects total revenue of $700 million to $710 million.
For the full year 2026, the company expects year over year mid-teens total revenue growth, including Rentals revenue growth of approximately 30%, mid-cycle financial targets and provided mid-cycle net income margin target: For the mid-cycle, assuming a normalized housing market, the company is targeting total revenue of $5 billion and net income margin of 25%.
Zillow Group, Inc. helps people find and get the home they want by connecting them with digital solutions, dedicated partners and agents, and buying, selling, financing, and renting experiences. The Company’s affiliates, subsidiaries, and brands include Zillow, Zillow Premier Agent, Zillow Home Loans, Zillow Rentals, Trulia, Out East, StreetEasy, HotPads, ShowingTime+, Spruce, and Follow Up Boss. It helps renters, buyers, sellers, and real estate professionals across all their residential real estate needs through its housing super app, which serves as an ecosystem of connected solutions for the tasks and services related to moving. It provides integrated transaction experience for movers through Zillow, its network of partners, its affiliated brands, and through a comprehensive suite of marketing software and technology solutions for the real estate industry, including ShowingTime+, Follow Up Boss and Spruce. It offers multifamily property managers a variety of advertising products.
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