Income Statement Zillow Group, Inc.

Equities

ZG

US98954M1018

Real Estate Services

Real-time Estimate Cboe BZX Other stock markets 10:53:16 2026-02-10 am EST			5-day change	1st Jan Change
55.52 ^USD	+2.92%		-5.35%	-18.57%

Jan. 30	Zillow Enters $500 Million Revolving Credit Facility Agreement	DJ
Jan. 30	Zillow Group, Inc. Announces Disclosure of New Revolving Credit Facility and Related Credit Agreement Terms	CI

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Published financial data: ZILLOW GROUP, INC.

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: December	2020	2021	2022	2023	2024
Revenues	3.34B	8.15B	1.96B	1.94B	2.24B
Total Revenues	3.34B	8.15B	1.96B	1.94B	2.24B
Cost of Goods Sold, Total	1.76B	6.39B	367M	421M	527M
Gross Profit	1.58B	1.76B	1.59B	1.52B	1.71B
Selling General & Admin Expenses, Total	1.02B	1.53B	1.16B	1.21B	1.31B
R&D Expenses	518M	474M	498M	560M	585M
Other Operating Expenses, Total	1.54B	2B	1.66B	1.77B	1.9B
Operating Income	40.91M	-241M	-69M	-247M	-190M
Interest Expense, Total	-155M	-192M	-35M	-36M	-36M
Interest And Investment Income	20.23M	10.19M	-	-	-
Net Interest Expenses	-135M	-182M	-35M	-36M	-36M
Other Non Operating Income (Expenses)	-	-	43M	151M	127M
EBT, Excl. Unusual Items	-94.09M	-423M	-61M	-132M	-99M
Restructuring Charges	-	-77.07M	-24M	-3M	-
Merger & Related Restructuring Charges	-	-9.3M	-	-4M	-1M
Gain (Loss) On Sale Of Investments	0	-	-	-	-
Gain (Loss) On Sale Of Assets	-	-	-	-	-
Asset Writedown	-71.5M	-	-	-16M	-6M
Legal Settlements	-	-	-	-	-
Other Unusual Items	-4.05M	-17.12M	-	1M	-1M
EBT, Incl. Unusual Items	-170M	-527M	-85M	-154M	-107M
Income Tax Expense	-7.52M	1.26M	3M	4M	5M
Earnings From Continuing Operations	-162M	-528M	-88M	-158M	-112M
Earnings Of Discontinued Operations	-	-	-13M	-	-
Net Income to Company	-162M	-528M	-101M	-158M	-112M
Net Income - (IS)	-162M	-528M	-101M	-158M	-112M
Net Income to Common Incl Extra Items	-162M	-528M	-101M	-158M	-112M
Net Income to Common Excl. Extra Items	-162M	-528M	-88M	-158M	-112M
Per Share Items
Net EPS - Basic	-0.72	-2.11	-0.42	-0.68	-0.48
Basic EPS - Continuing Operations	-0.72	-2.11	-0.36	-0.68	-0.48
Basic Weighted Average Shares Outstanding	224M	250M	242M	234M	234M
Net EPS - Diluted	-0.72	-2.11	-0.42	-0.68	-0.48
Diluted EPS - Continuing Operations	-0.72	-2.11	-0.36	-0.68	-0.48
Diluted Weighted Average Shares Outstanding	224M	250M	242M	234M	234M
Normalized Basic EPS	-0.26	-1.06	-0.16	-0.35	-0.26
Normalized Diluted EPS	-0.26	-1.06	-0.16	-0.35	-0.26
Supplemental Items
EBITDA	126M	-148M	21M	-170M	-98M
EBITA	91.41M	-180M	-11M	-194M	-113M
EBIT	40.91M	-241M	-69M	-247M	-190M
EBITDAR	177M	-97.09M	75M	-127M	-69M
Total Revenues (As Reported)	3.34B	8.15B	-	-	-
Effective Tax Rate - (Ratio)	4.43	-0.24	-3.53	-2.6	-4.67
Current Domestic Taxes	588K	3.85M	2M	4M	3M
Current Foreign Taxes	257K	143K	1M	-	1M
Total Current Taxes	845K	3.99M	3M	4M	4M
Deferred Domestic Taxes	-8.48M	-2.88M	-	-	1M
Deferred Foreign Taxes	115K	148K	-	-	-
Total Deferred Taxes	-8.37M	-2.73M	-	-	1M
Normalized Net Income	-58.8M	-264M	-38.12M	-82.5M	-61.88M
Interest on Long-Term Debt	136M	139M	32M	33M	26M
Supplemental Operating Expense Items
Advertising Expense	113M	210M	144M	137M	175M
Selling and Marketing Expenses	667M	1.08B	664M	658M	790M
General and Administrative Expenses	307M	397M	444M	510M	524M
Research And Development Expense From Footnotes	518M	511M	565M	670M	733M
Net Rental Expense, Total	50.62M	51.33M	54M	43M	29M
Imputed Operating Lease Interest Expense	24.98M	20.93M	8.71M	6.7M	6.7M
Imputed Operating Lease Depreciation	25.64M	30.4M	45.29M	36.3M	22.3M
Stock-Based Comp., COGS (Total)	5.74M	10.97M	16M	16M	14M
Stock-Based Comp., R&D Exp. (Total)	81.82M	118M	165M	166M	165M
Stock-Based Comp., S&M Exp. (Total)	33.11M	48.13M	63M	70M	77M
Stock-Based Comp., G&A Exp. (Total)	76.88M	135M	189M	199M	192M
Stock-Based Comp., Other (Total)	-	5.51M	2M	-	-
Total Stock-Based Compensation	198M	317M	435M	451M	448M

Fiscal Period: December	2020	2021	2022	2023	2024
Assets
Cash And Equivalents	1.7B	2.61B	1.47B	1.49B	1.08B
Short Term Investments	2.22B	514M	1.9B	1.32B	776M
Trading Asset Securities, Total	-	-	-	3M	4M
Total Cash And Short Term Investments	3.92B	3.13B	3.36B	2.81B	1.86B
Accounts Receivable, Total	90.74M	233M	72M	96M	104M
Total Receivables	90.74M	233M	72M	96M	104M
Inventory	491M	3.91B	-	-	-
Prepaid Expenses	55.05M	75.44M	125M	137M	205M
Loans Held For Sale	331M	107M	41M	100M	159M
Restricted Cash	75.8M	227M	2M	3M	3M
Other Current Assets, Total	-	212K	1M	-	1M
Total Current Assets	4.96B	7.68B	3.6B	3.15B	2.33B
Gross Property Plant And Equipment	498M	464M	556M	612M	702M
Accumulated Depreciation	-114M	-119M	-159M	-211M	-283M
Net Property Plant And Equipment	384M	344M	397M	401M	419M
Long-term Investments	-	75.1M	-	-	-
Goodwill	1.98B	2.37B	2.37B	2.82B	2.82B
Other Intangibles, Total	94.77M	180M	154M	241M	207M
Deferred Charges Long-Term	50.72M	35.46M	23M	23M	25M
Other Long-Term Assets, Total	7.18M	6.56M	12M	21M	21M
Total Assets	7.49B	10.7B	6.56B	6.65B	5.83B
Liabilities
Accounts Payable, Total	18.97M	17.23M	20M	28M	30M
Accrued Expenses, Total	111M	234M	117M	117M	129M
Short-term Borrowings	670M	3.52B	37M	93M	145M
Current Portion of Long-Term Debt	-	-	-	607M	418M
Current Portion of Leases	28.31M	23.5M	31M	37M	14M
Current Income Taxes Payable	6.13M	17.84M	-	-	-
Unearned Revenue Current, Total	49M	51.48M	44M	52M	62M
Other Current Liabilities	24.83M	18.23M	21M	37M	33M
Total Current Liabilities	909M	3.88B	270M	971M	831M
Long-Term Debt	1.61B	1.32B	1.66B	1B	-
Long-Term Leases	208M	148M	139M	95M	83M
Deferred Tax Liability Non Current	496K	947K	-	-	-
Other Non Current Liabilities	14.36M	3.56M	12M	60M	67M
Total Liabilities	2.74B	5.35B	2.08B	2.13B	981M
Common Stock, Total	24K	25K	-	-	-
Additional Paid In Capital	5.88B	7B	6.11B	6.3B	6.73B
Retained Earnings	-1.14B	-1.67B	-1.61B	-1.77B	-1.88B
Comprehensive Income and Other	164K	7.23M	-15M	-5M	-3M
Total Common Equity	4.74B	5.34B	4.48B	4.53B	4.85B
Total Equity	4.74B	5.34B	4.48B	4.53B	4.85B
Total Liabilities And Equity	7.49B	10.7B	6.56B	6.65B	5.83B
Supplemental Items
ECS Total Shares Outstanding on Filing Date	241M	251M	234M	233M	243M
ECS Total Common Shares Outstanding	241M	251M	234M	233M	242M
Book Value / Share	19.71	21.31	19.13	19.4	19.99
Tangible Book Value	2.66B	2.79B	1.95B	1.47B	1.82B
Tangible Book Value Per Share	11.07	11.12	8.34	6.29	7.5
Total Debt	2.52B	5.01B	1.87B	1.83B	660M
Net Debt	-1.4B	1.89B	-1.5B	-981M	-1.2B
Debt Equivalent Oper. Leases	405M	411M	432M	344M	232M
Account Code - Inventory Valuation	8	8	3	3	3
Inventories - Work In Process, Total	152M	1.19B	-	-	-
Inventories - Finished Goods, Total	339M	2.73B	-	-	-
Machinery, Total	60.04M	44.27M	42M	39M	34M
Full Time Employees	5.5K	8K	5.72K	6.26K	6.86K
Accumulated Allowance for Doubtful Accounts (Supple)	3.43M	3.76M	-	-	-

Fiscal Period: December	2020	2021	2022	2023	2024
Net Income	-162M	-528M	-101M	-158M	-112M
Depreciation & Amortization - CF	59.07M	54.28M	55M	59M	25M
Amortization of Goodwill and Intangible Assets - (CF)	50.5M	61.3M	58M	53M	77M
Depreciation & Amortization, Total	110M	116M	113M	112M	102M
Amortization of Deferred Charges, Total - (CF)	164M	183M	123M	136M	171M
(Gain) Loss From Sale Of Asset	-402K	-	-	-	-
(Gain) Loss on Sale of Investments - (CF)	7.81M	-	-	-35M	-27M
Asset Writedown & Restructuring Costs	71.5M	56.83M	-	16M	6M
Stock-Based Compensation (CF)	198M	312M	451M	451M	448M
Provision and Write-off of Bad Debts	2.65M	-	-	-	-
Other Operating Activities, Total	-8.97M	438M	27M	-3M	15M
Change In Accounts Receivable	-5.58M	-82.31M	82M	-24M	-8M
Change In Inventories	345M	-3.83B	3.9B	-	-
Change In Accounts Payable	12.97M	4.7M	3M	6M	2M
Change in Unearned Revenues	9.25M	789K	-7M	1M	8M
Change in Other Net Operating Assets	-319M	150M	-91M	-148M	-177M
Cash from Operations	424M	-3.18B	4.5B	354M	428M
Capital Expenditure	-84.94M	-73.3M	-115M	-135M	-143M
Cash Acquisitions	-	-497M	-4M	-433M	-7M
Divestitures	-	-	-	-	-
Sale (Purchase) of Intangible assets	-23.58M	-31.09M	-25M	-30M	-28M
Investment in Marketable and Equity Securities, Total	-930M	1.69B	-1.39B	623M	573M
Other Investing Activities, Total	-	-	-	-	-
Cash from Investing	-1.04B	1.09B	-1.53B	25M	395M
Short Term Debt Issued, Total	627M	3.62B	-	56M	52M
Long-Term Debt Issued, Total	553M	1.14B	-	-	-
Total Debt Issued	1.18B	4.76B	-	56M	52M
Short Term Debt Repaid, Total	-679M	-1.98B	-2.28B	-	-
Long-Term Debt Repaid, Total	-195M	-1.3M	-1.16B	-56M	-1.2B
Total Debt Repaid	-874M	-1.98B	-3.44B	-56M	-1.2B
Issuance of Common Stock	856M	672M	46M	72M	212M
Repurchase of Common Stock	-4K	-302M	-947M	-424M	-301M
Other Financing Activities, Total	-	-	-	-	-
Cash from Financing	1.16B	3.15B	-4.34B	-352M	-1.23B
Net Change in Cash	548M	1.06B	-1.37B	27M	-410M
Supplemental Items
Cash Interest Paid	50.76M	109M	50M	28M	35M
Cash Income Tax Paid (Refund)	-	-	6M	6M	6M
Levered Free Cash Flow	374M	-3.14B	1.53B	294M	293M
Unlevered Free Cash Flow	369M	-3.13B	1.53B	312M	311M
Change In Net Working Capital	-83.04M	3.38B	-1.07B	63M	116M
Net Debt Issued / Repaid	307M	2.78B	-3.44B	0	-1.14B

Fiscal Period: December	2020	2021	2022	2023	2024
Profitability
Return on Assets	0.38	-1.66	-0.5	-2.34	-1.9
Return on Total Capital	0.39	-1.71	-0.65	-2.43	-2
Return On Equity %	-3.96	-10.47	-1.79	-3.51	-2.39
Return on Common Equity	-3.96	-10.47	-1.79	-3.51	-2.39
Margin Analysis
Gross Profit Margin %	47.41	21.58	81.26	78.35	76.43
SG&A Margin	30.67	18.72	59.35	62.26	58.77
EBITDA Margin %	3.78	-1.82	1.07	-8.74	-4.38
EBITA Margin %	2.74	-2.21	-0.56	-9.97	-5.05
EBIT Margin %	1.22	-2.96	-3.52	-12.7	-8.5
Income From Continuing Operations Margin %	-4.85	-6.48	-4.49	-8.12	-5.01
Net Income Margin %	-4.85	-6.48	-5.16	-8.12	-5.01
Net Avail. For Common Margin %	-4.85	-6.48	-4.49	-8.12	-5.01
Normalized Net Income Margin	-1.76	-3.25	-1.95	-4.24	-2.77
Levered Free Cash Flow Margin	11.2	-38.56	78.29	15.12	13.09
Unlevered Free Cash Flow Margin	11.03	-38.37	78.08	16.02	13.92
Asset Turnover
Asset Turnover	0.49	0.9	0.23	0.29	0.36
Fixed Assets Turnover	8.71	22.36	5.28	4.87	5.45
Receivables Turnover (Average Receivables)	42.34	50.36	26.28	23.15	22.36
Inventory Turnover (Average Inventory)	2.65	2.9	-	-	-
Short Term Liquidity
Current Ratio	5.46	1.98	13.34	3.24	2.81
Quick Ratio	4.42	0.86	12.72	3	2.37
Operating Cash Flow to Current Liabilities	0.47	-0.82	16.68	0.36	0.52
Days Sales Outstanding (Average Receivables)	8.64	7.25	13.89	15.76	16.37
Days Outstanding Inventory (Average Inventory)	138.36	125.79	-	-	-
Average Days Payable Outstanding	3.54	0.67	15.42	20.81	20.14
Cash Conversion Cycle (Average Days)	143.46	132.37	-	-	-
Long Term Solvency
Total Debt/Equity	53.14	93.82	41.66	40.48	13.61
Total Debt / Total Capital	34.7	48.4	29.41	28.81	11.98
LT Debt/Equity	38.41	27.47	40.14	24.19	1.71
Long-Term Debt / Total Capital	25.08	14.17	28.34	17.22	1.51
Total Liabilities / Total Assets	36.66	50.06	31.71	31.96	16.83
EBIT / Interest Expense	0.26	-1.26	-1.97	-6.86	-5.28
EBITDA / Interest Expense	1.14	-0.51	2.14	-3.53	-1.92
(EBITDA - Capex) / Interest Expense	0.59	-0.89	-1.14	-7.28	-5.89
Total Debt / EBITDA	14.26	-51.61	24.89	-14.43	-9.57
Net Debt / EBITDA	-7.93	-19.42	-19.93	7.72	17.42
Total Debt / (EBITDA - Capex)	27.44	-29.41	-46.68	-6.99	-3.11
Net Debt / (EBITDA - Capex)	-15.26	-11.07	37.38	3.74	5.67
Growth Over Prior Year
Total Revenues, 1 Yr. Growth %	21.76	143.95	-8.16	-0.66	14.96
Gross Profit, 1 Yr. Growth %	20.8	19.32	-12.05	-4.21	12.14
EBITDA, 1 Yr. Growth %	-171.52	-217.66	-94.05	-909.52	-42.35
EBITA, 1 Yr. Growth %	-145.27	-296.92	-103.49	1.66K	-41.75
EBIT, 1 Yr. Growth %	-116.57	-689.81	-126.64	257.97	-23.08
Earnings From Cont. Operations, 1 Yr. Growth %	-46.91	225.56	-186.27	79.55	-29.11
Net Income, 1 Yr. Growth %	-46.91	225.56	-80.87	56.44	-29.11
Normalized Net Income, 1 Yr. Growth %	-69.55	349.62	-144.2	116.39	-25
Diluted EPS Before Extra, 1 Yr. Growth %	-51.05	191.57	-193.18	87.13	-29.27
Accounts Receivable, 1 Yr. Growth %	35.42	156.6	-6.49	33.33	8.33
Inventory, 1 Yr. Growth %	-41.28	696.4	-	-	-
Net Property, Plant and Equip., 1 Yr. Growth %	0.38	-10.32	15.07	1.01	4.49
Total Assets, 1 Yr. Growth %	22.09	42.86	-38.63	1.36	-12.37
Tangible Book Value, 1 Yr. Growth %	111.29	4.71	-29.99	-24.87	23.84
Common Equity, 1 Yr. Growth %	38.03	12.64	-16.08	0.98	7.11
Cash From Operations, 1 Yr. Growth %	-169.29	-848.87	-241.77	-92.14	20.9
Capital Expenditures, 1 Yr. Growth %	26.69	-13.7	55.41	17.39	5.93
Levered Free Cash Flow, 1 Yr. Growth %	-159.9	-940.31	446.73	-80.81	-0.47
Unlevered Free Cash Flow, 1 Yr. Growth %	-160.15	-948.38	496.3	-79.62	-0.12
Compound Annual Growth Rate Over Two Years
Total Revenues, 2 Yr. CAGR %	58.25	72.35	9.8	-4.49	6.86
Gross Profit, 2 Yr. CAGR %	15.84	21.1	7.8	-8.21	3.64
EBITDA, 2 Yr. CAGR %	123.9	-8.26	-72.21	-30.6	116.02
EBITA, 2 Yr. CAGR %	320.41	-5.59	-78.36	-21.52	220.51
EBIT, 2 Yr. CAGR %	-5.31	-1.13	-39.09	-2.34	65.94
Earnings From Cont. Operations, 2 Yr. CAGR %	16.3	31.47	319.52	24.46	12.82
Net Income, 2 Yr. CAGR %	16.3	31.47	-21.04	-45.3	5.3
Normalized Net Income, 2 Yr. CAGR %	17.96	17.01	-8.59	-2.2	27.4
Diluted EPS Before Extra, 2 Yr. CAGR %	9.36	19.45	326.26	32.04	14.75
Accounts Receivable, 2 Yr. CAGR %	17.18	86.41	-10.92	11.66	20.18
Inventory, 2 Yr. CAGR %	73.7	116.26	-	-	-
Net Property, Plant and Equip., 2 Yr. CAGR %	68.57	-5.12	1.66	7.81	2.73
Total Assets, 2 Yr. CAGR %	32.09	32.07	-6.37	-21.13	-5.76
Tangible Book Value, 2 Yr. CAGR %	58	48.74	-14.33	-27.48	-3.54
Common Equity, 2 Yr. CAGR %	20.47	24.69	-2.78	-7.95	4
Cash From Operations, 2 Yr. CAGR %	949.67	127.8	226.31	-66.62	-69.17
Capital Expenditures, 2 Yr. CAGR %	13.4	4.57	16.32	35.07	11.51
Levered Free Cash Flow, 2 Yr. CAGR %	147.43	124.36	84.97	2.42	-56.3
Unlevered Free Cash Flow, 2 Yr. CAGR %	143.88	125.9	88.06	10.25	-54.88
Compound Annual Growth Rate Over Three Years
Total Revenues, 3 Yr. CAGR %	45.84	82.81	-10.63	6.2	1.6
Gross Profit, 3 Yr. CAGR %	16.88	14.22	9.9	3.64	-1.88
EBITDA, 3 Yr. CAGR %	15.09	80.68	-50.8	-14.5	-34.76
EBITA, 3 Yr. CAGR %	10.97	226.49	-62.09	-6.19	-28.95
EBIT, 3 Yr. CAGR %	48.12	74.23	-34.61	9.92	-9.81
Earnings From Cont. Operations, 3 Yr. CAGR %	19.74	63.91	-33.95	216.15	3.17
Net Income, 3 Yr. CAGR %	19.74	63.91	-30.84	-0.83	-40.36
Normalized Net Income, 3 Yr. CAGR %	114.43	84.27	-41.77	21.83	-10.48
Diluted EPS Before Extra, 3 Yr. CAGR %	12.67	51.65	-37.38	223.96	7.05
Accounts Receivable, 3 Yr. CAGR %	18.6	52.17	2.43	1.9	10.54
Inventory, 3 Yr. CAGR %	-	188.57	-	-	-
Net Property, Plant and Equip., 3 Yr. CAGR %	50.68	36.59	1.24	1.44	6.69
Total Assets, 3 Yr. CAGR %	32.33	35.58	2.29	-3.86	-18.32
Tangible Book Value, 3 Yr. CAGR %	86.55	37.75	15.75	-18	-13.31
Common Equity, 3 Yr. CAGR %	21.24	17.8	9.27	-1.54	-3.18
Cash From Operations, 3 Yr. CAGR %	18	837.93	94.49	-5.76	-48.74
Capital Expenditures, 3 Yr. CAGR %	8.38	3.53	19.71	16.67	24.56
Levered Free Cash Flow, 3 Yr. CAGR %	29.72	271.92	34.92	-13.09	1.45
Unlevered Free Cash Flow, 3 Yr. CAGR %	29.3	269.53	35.64	-10.34	6.68
Compound Annual Growth Rate Over Five Years
Total Revenues, 5 Yr. CAGR %	38.96	57.28	12.7	7.84	-4
Gross Profit, 5 Yr. CAGR %	22.05	17.73	9.92	5.25	7.35
EBITDA, 5 Yr. CAGR %	24.88	40.92	-23.99	46.53	-11.09
EBITA, 5 Yr. CAGR %	11.21	68.84	-30.3	106.46	-10.96
EBIT, 5 Yr. CAGR %	-15.15	48.09	40.53	40.18	-5.1
Earnings From Cont. Operations, 5 Yr. CAGR %	1.72	19.08	-1.4	5.68	-18.18
Net Income, 5 Yr. CAGR %	1.72	19.08	1.36	5.68	-18.18
Normalized Net Income, 5 Yr. CAGR %	-0.61	61.44	44.92	14.32	-20.36
Diluted EPS Before Extra, 5 Yr. CAGR %	-3.75	11.53	-6.42	2.35	-20.22
Accounts Receivable, 5 Yr. CAGR %	24.95	41.86	5.77	7.75	9.19
Net Property, Plant and Equip., 5 Yr. CAGR %	35.04	28.51	28.74	24.29	1.83
Total Assets, 5 Yr. CAGR %	19.01	27.7	15.23	9.16	-1.01
Tangible Book Value, 5 Yr. CAGR %	66.03	102.12	36.65	6.6	7.61
Common Equity, 5 Yr. CAGR %	12.1	16.09	10.99	6.74	7.13
Cash From Operations, 5 Yr. CAGR %	79.67	225.87	77.15	147.01	-6.91
Capital Expenditures, 5 Yr. CAGR %	10.02	3.39	11.5	15.37	16.36
Levered Free Cash Flow, 5 Yr. CAGR %	39.05	96.91	55.01	36.94	-14.05
Unlevered Free Cash Flow, 5 Yr. CAGR %	37.36	95.35	55.08	38.14	-12.67