Zillow

Zillow Group, Inc. engages in the provision of real estate and home-related information marketplaces on mobile and the web. It operates through the following segments: Internet, Media & Technology (IMT), Homes and Mortgages segment. The IMT segment includes premier agent, rentals and new construction marketplaces, as well as dotloop, display and other advertising and business software solutions. The Homes segment includes Zillow Group's buying and selling of homes directly. The Mortgages segment includes advertising sold to mortgage lenders and other mortgage professionals, mortgage originations through MLOA and the sale of mortgages on the secondary market, as well as Mortech mortgage software solutions. The company was founded by Richard N. Barton and Lloyd D. Frink in December 2004 and is headquartered in Seattle, WA.

Earnings data Q1 2021

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

Zillow surpasses Q2 revenue targets, eyes market expansion for growth

Zillow's Q2 2024 performance exceeded expectations, driven by revenue growth across key segments.
The company's strategic focus on the Housing Super App and market expansion positions it for sustainable growth.
While challenges like customer transaction share exist, Zillow's strong performance and leadership changes signal a positive outlook.

Zillow reports robust Q3 earnings, eyes growth in rentals and mortgages

Zillow Group's Q3 performance reflects strong revenue growth and user engagement, supported by strategic initiatives in rentals, mortgages, and customer experience.
While challenges like cost management and market dynamics persist, Zillow remains optimistic about future growth opportunities and profitability.
By focusing on innovation, customer advocacy, and market positioning, Zillow aims to sustain its growth trajectory and drive value for stakeholders.

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Other

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

Zillow Group, Inc. engages in the provision of real estate and home-related information marketplaces on mobile and the web. The company was founded by Richard N. Barton and Lloyd D. Frink in December 2004 and is headquartered in Seattle, WA.

Homebuyers need to earn 80% more than they did pre-COVID to comfortably afford a house in the current market, Zillow found. Housing costs have soared, and wages haven't kept up, data in a new report showed.

Homebuyers need to earn 80% more than they did pre-COVID to comfortably afford a house in this market, Zillow says

The income needed to comfortably afford a home is up 80% since 2020, while median income has risen 23% in that time Those shopping for homes today need to make more than $106,000 a year to comfortably afford a home. A mortgage payment on a typical U.S. home has nearly doubled since 2020.

Home buyers need to earn $47,000 more than in 2020

SEATTLE , Feb. 28, 2024 /PRNewswire/ -- Zillow Group, Inc. (Nasdaq: Z and ZG), which is transforming the way people buy, sell, rent, and finance homes, announced today Chief Financial Officer Jeremy Hofmann will participate in a fireside chat at the 2024 Morgan Stanley Technology, Media & Telecom Conference on Wednesday, March 6 at 1:20 p.m Pacific time. A live audio webcast and replay of Hofmann's fireside chat will be available through the "Events & Presentations" section of Zillow Group's Investor Relations website: http://investors.zillowgroup.com.

Zillow Group CFO to Present at 2024 Morgan Stanley Technology, Media & Telecom Conference

CoStar Group

Zillow (NASDAQ:Z), the online estate agent, is facing a battle with rival Homes.com owner CoStar Group Inc (NASDAQ:CSGP) after the latter came out swinging with its US$1 billion Super Bowl ad. Jeff Goldbloom, Dan Levy and Lil Wayne were all recruited by Homes.com to star in the high-cost commercials during the NFL final and initially analysts were concerned it could cause problems for Zillow (NASDAQ:Z).

Zillow v Costar: A battle for the future of real estate

Zillow's revenue was up 9%, but the impressive results came from rentals, where revenue jumped 37% from a year ago. Zillow is still losing money but it has a strong balance sheet with $2.8 billion in cash.

Why Zillow's Stock Jumped 7.8% on Wednesday

This story originally appeared on Real Estate News.

Zillow Group CEO Rich Barton bullish about growth despite challenging housing market

With growing user engagement and innovative features in the platform, Zillow (ZG) reports decent fourth-quarter earnings.

Zillow (ZG) Beats Q4 Earnings and Revenue Estimates

Zillow (NASDAQ:Z), the online real estate company, saw shares jump over 6% in pre-market trading after its fourth-quarter earnings beat expectations. Headwinds facing the real estate industry have been some of the harshest in the last decade, but at Zillow (NASDAQ:Z), strong revenues from areas such as residential and rental helped drive the earnings beat.

Zillow shares rally as it shrugs off industry headwinds

Expensive, coastal and Western markets are already heating up as spring season approaches Well-priced homes are selling in 29 days, and that will shorten quickly as the shopping season opens. Mispriced inventory is lingering, however; an elevated 1 in 5 sellers are cutting prices to find buyers.

Home shopping early may pay off as price cuts abound

Zillow is expanding its “housing super app” to more markets after seeing how well it has been received. The company is also continuing to add functionality to the app for both the real estate sales and rentals markets, Zillow said in a presentation released Tuesday (Feb. 13) in conjunction with its quarterly earnings call.

Zillow Targets Growing Share of Market With ‘Housing Super App'

Zillow Group, Inc. (Z) Q4 2023 Earnings Call Transcript

The headline numbers for Zillow (ZG) give insight into how the company performed in the quarter ended December 2023, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.

Zillow (ZG) Q4 Earnings: How Key Metrics Compare to Wall Street Estimates

This story originally appeared on Real Estate News.

Zillow Group stock rises after beating Q4 expectations with $474M in revenue

SEATTLE, Feb. 13, 2024 /PRNewswire/ -- Zillow Group, Inc. (NASDAQ: Z and ZG), which is transforming the way people buy, sell, rent and finance homes, today announced its consolidated financial results for the three months and year ended December 31, 2023. Complete financial results and outlook for the first quarter of 2024 can be found in our shareholder letter on the Investor Relations section of Zillow Group's website at https://investors.zillowgroup.com/investors/financials/quarterly-results/default.aspx.

Zillow Group Reports Fourth-Quarter and Full-Year 2023 Financial Results

BlackLine

Shopify

Reporting their fourth-quarter results on Tuesday, February 13, here are three highly ranked tech stocks that investors will want to keep an eye on.

3 Highly Ranked Tech Stocks to Watch as Earnings Approach

As the cost of independence rises, Zillow offers a fresh solution for those flying solo The "singles tax" increased this year, now standing at $7,110. Cohabitating renters collectively save $14,220 annually on average by living together, but that can be as much as $40,200 in New York City.

Renting alone? The 'singles tax' now exceeds $7,000

Zillow has begun targeting customers who want to rent — or rent out — a room. The real estate website announced Thursday (Feb. 8) that its platform now gives users the option to search for or list individual rooms for rent.

Zillow Debuts Individual Room Listings as Housing Costs Climb

Renters and homeowners can now list a room for rent on Zillow, reducing housing expenses by finding a roommate to share costs SEATTLE , Feb. 8, 2024 /PRNewswire/ -- Zillow® today announced a significant addition to its rental offerings: the option to search for and list individual rooms for rent. This new listing type is particularly timely, as U.S. rents have surged nearly 30% since the pandemic, and a startling 50% of renters are now cost-burdened , spending 30% or more of their income on rent and utilities.

Zillow expands rental marketplace with room listings, offering more affordable and flexible options

Zillow (ZG) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Zillow Group (ZG) Expected to Beat Earnings Estimates: What to Know Ahead of Q4 Release

Take home shopping on Zillow to the next level with a new spatial touring experience SEATTLE , Feb. 1, 2024 /PRNewswire/ -- Zillow® ImmerseSM, the most interactive way to explore select home listings on Zillow, today launched in the App Store for Apple Vision Pro. Zillow Immerse elevates the home tour experience to a jaw-dropping degree with its virtual walkthroughs and interactive 3D floor plans.

Experience the future of home tours with Zillow Immerse on Apple Vision Pro

Tyson Foods

Westinghouse Air Brake Technologies

United States Steel

We have narrowed our search to five large-cap stocks that are poised to beat on earnings this month. These are: TSN,SHOP, WAB, ZG, X.

5 Must-Buy Large-Cap Stocks Ahead of Earnings This Month

SEATTLE, Jan. 22, 2024 /PRNewswire/ -- Zillow Group, Inc. (Nasdaq: Z and ZG) announced today it will release fourth-quarter and full-year 2023 financial results after market close on Tuesday, Feb. 13, 2024. The company will host a conference call and webcast to discuss its results that afternoon at 2 p.m. PT / 5 p.m. ET.

Zillow Group to Announce Fourth-Quarter and Full-Year 2023 Results Feb. 13

Pinterest

After a choppy first few weeks, the stock market appears to now be on steady footing. On Friday, the S&P 500 index broke out from a four-week consolidation, breaking out above 4,800 and to a new intraday high.

3 High-Octane Momentum Stocks to Watch Next Week

Innovative new feature helps renters build a credit history at no cost to them or their landlord SEATTLE , Jan. 17, 2024 /PRNewswire/ -- Zillow is introducing a new feature that allows renters who pay their rent on Zillow to have their on-time payments reported to a major national credit bureau at no cost to them. This is a first for any online rental marketplace, offering a unique opportunity for renters to build credit through regular rent payments at no additional cost.

Zillow empowers renters with credit-building payment reporting

The housing market could be breaking free from the "rate lock" phenomenon that froze activity in 2023.  That's because owners appear less deterred by high mortgage rates when considering whether to sell their homes, Zillow said.

News for Zillow Stock (ZG)