Revenue segments as reported by the company.

Homes

Residential

Rentals

Other

Mortgages

Revenue Segments

Gross Profit, Operating Income, and Net Income as a percentage of Revenue

Gross Margin

Operating Margin

Profit Margin

Margins

An operating expense is an expense a business incurs through its normal business operations. Often abbreviated as OPEX.

Technology & Development

Impairment costs

Acquisition-related costs

Integration costs

Restructuring costs

Impairment and restructuring costs

Operating Expenses

Year over year growth in Revenue and Operating Expenses.

Revenue Y/Y

OpEx Y/Y

Growth

Shares outstanding refer to a company's stock currently held by all its shareholders, including share blocks held by institutional investors and restricted shares owned by the company's officers and insiders.

Outstanding Shares

Market Cap

Also known as Price/Sales Ratio. Calculated using Average market cap for the quarter / Annualized quarterly revenue.

Revenue Multiple

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 exits iBuying, reports strong Q4 earnings, eyes growth pillars

Zillow Group's strategic shift towards increasing customer transaction share and building a housing super app reflects a commitment to innovation and growth in a challenging market environment.
Despite short-term challenges and market uncertainties, Zillow's strong financial performance in Q4 and strategic outlook for Q1 position the company for long-term success and market leadership.
By focusing on customer-centric strategies, product innovations, and revenue diversification, Zillow aims to drive share growth, enhance customer experience, and solidify its position in the real estate market.

Zillow beats Q1 expectations, eyes growth in AI and loans

Zillow Group's Q1 performance exceeded expectations, with strong revenue and EBITDA figures.
The company's focus on AI, real-time touring, and Zillow Home Loans presents growth opportunities.
Challenges include market forecast declines and the need to enhance lead conversion strategies.
Opportunities lie in leveraging Premier Agents, real-time touring, and improving the digital mortgage experience.

Zillow surpasses Q2 revenue expectations, eyes AI and market expansion

Zillow's Q2 2023 earnings call highlighted robust financial performance, strategic investments in technology, and market share gains across key segments. The company's focus on innovation, partnerships, and operational efficiencies positions it well to navigate challenges and capitalize on growth opportunities in the real estate industry.

Zillow reports robust Q3 revenue growth amidst industry challenges

Zillow's Q3 performance showcased revenue growth and strategic acquisitions, underscoring its resilience in the face of industry challenges.
Despite facing lawsuits and market uncertainties, Zillow's strong position, unique assets, and growth strategies position it well for future opportunities.
Challenges in commission transparency, mortgage rates, and financial optimization require careful management, but Zillow's proactive stance and market strengths offer avenues for growth.
Opportunities in market transitions, service enhancements, product expansion, and Rentals business growth provide avenues for Zillow to capitalize on evolving real estate dynamics.

Zillow reports strong Q4 earnings, eyes double-digit growth in 2024

Zillow's Q4 performance reflects revenue growth, operational strengths, and strategic positioning for future expansion.
While facing challenges in integration and cost management, Zillow is poised for double-digit growth in 2024 with a focus on key opportunities.
The company's emphasis on real-time touring, rental growth, and product integration underscores its commitment to innovation and market leadership.

Zillow exceeds Q1 expectations, eyes double-digit growth and tech innovation

Zillow's Q1 performance reflects strong revenue growth, operational efficiency, and a positive outlook for 2024, driven by strategic initiatives and market focus.
The company's strengths lie in consumer-centric solutions, Rentals business growth, and innovative technologies enhancing customer engagement and sales.
Challenges include market dynamics impacting first-time homebuyers, the need for continued innovation, and effective management of rental properties.
Opportunities for Zillow include growth pillars like Rentals and Listing Showcase, market expansion, and leveraging technology for enhanced customer experiences.

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

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.

Competition is easing as inventory accumulates, leading the market back toward 'normal' U.S. home values fell 0.1% from June to July, the first decline in the raw Zillow Home Value Index since 2012. Home values fell last month in 30 of the 50 largest metro areas, but are still up 16% from a year ago.

Buyers gaining time and options as housing market rebalances

Alphabet

Samsara

JD.com

Lamb Weston Hlds

Microsoft

One of the most interesting 13F updates to be published this week comes from Tiger Global. For readers who don't keep an eye on the hedge fund world, this firm has been one of the biggest winners of the decade-long technology revolution that has played out over the past 10 years.

Tiger Global Slashes Tech Holdings After Huge Losses

Inventory, sales and price-cut trends reveal how home buyers and sellers are adjusting to changing market conditions Competition for the lowest-priced homes in each market is now stronger than mid- and high-priced homes, reversing a pandemic trend.  Monthly payments on a typical mortgage are 60% higher than they were a year ago, likely contributing to buyers gravitating toward less expensive homes.

Lowest-priced homes attracting strongest competition as market rebalances

Opendoor

Zillow's embattled iBuying segment is almost a memory, at least according to its second-quarter financial report.

This Growth Stock Is Entering a New Chapter, and It's a Buy Right Now

Opendoor Technologies (NASDAQ: OPEN ) stock has been on the move, up more than 5% so far this week. The company, which offers a digital marketplace for real estate and buys homes, agreed to a settlement with the Federal Trade Commission (or FTC) concerning allegations about Opendoor's sales practices.

Opendoor Technologies Looks a Lot Better Following This Zillow Partnership

SEATTLE , Aug. 11, 2022 /PRNewswire/ -- Registration is now open for Zillow's second annual HBCU Housing Hackathon for students attending Historically Black Colleges and Universities (HBCUs). The program, in collaboration with United Negro College Fund (UNCF) and Amplify 4 Good , helps HBCU students develop critical tech and business skills as they compete for nearly $90,000 in cash and prizes, while also gaining the opportunity to interview for paid internships.

Zillow and UNCF open registration for HBCU Hackathon

After failing at iBuying on its own, it's giving the model a second chance as it partners with Opendoor.

Could This Real Estate Partnership Save Zillow?

Zillow is the most popular online real estate portal in the USA. The company owns Trulia, StreetEasy and HotPads. Zillow announced better than expected results for the second quarter of 2022, but still has a long way to go.

Zillow: Butchered, Bloody But Undervalued

The next generation of Zillow surfing uses an AI-generated floor plan to bring together listing photos and 3D tours for a more authentic and seamless virtual home-shopping experience SEATTLE , Aug. 8, 2022 /PRNewswire/ -- Zillow® surfing 2.0 is nationwide, starting today. Home shoppers across the U.S. can now get a deeper sense of a home than ever before without stepping foot inside using Zillow's free, AI-generated floor plan tool, saving valuable time and headaches during the search for their next home.

Zillow's AI-powered interactive home tours are now available nationwide

Lindblad Expeditions

Macy's

Ruth's Hospitality Group

Signet Jewelers

Toll Brothers

Vroom

With recent indicators suggesting that the U.S. is in the middle of a downturn, interest regarding stocks to avoid in a recession has naturally picked up. Though contrarianism is an exciting concept, in many cases, it's better not to fight the tape.

7 Stocks to Avoid in a Recession

Investors weren't happy with Zillow's guidance for the third quarter.

Why Zillow Stock Slid Today

Shares of Opendoor Technologies (NASDAQ: OPEN ) are flying higher on the day, with OPEN stock up 20%. The move comes after the company issued its second-quarter results and a new multi-year deal with its rival, Zillow (NYSE: Z ).

Opendoor (OPEN) Stock Soars on Zillow Deal

Wedbush analyst Jay McCanless downgraded Zillow Group Inc.'s stock ZG, -4.85% Z, -4.70% to neutral from outperform Friday, in the wake of the real-estate company's latest earnings report that brought a lower third-quarter outlook than expected and showed the pains the company is experiencing from its exit of the iBuying business. "While we are favorable on ZG's net cash balance sheet and the long term partnership with OPEN announced yesterday (8/4), we cannot avoid the fact that both of ZG's primary business lines, IMT [internet, media, and technology] and mortgage, and ancillary lines like closing and title are facing softer trends in the near term," McCanless said in his note to clients.

Zillow stock gets a downgrade at Wedbush amid 'softer trends' throughout the business

Innovative Industrial Properties

With great growth comes great volatility.

Got an Extra $135 per Month? Start Buying These 2 Growth Stocks

Zillow Group, Inc. (NASDAQ:Z ) Q2 2022 Earnings Conference Call August 4, 2022 5:00 PM ET Company Participants Brad Berning - Vice President of Investor Relations Rich Barton - Co-Founder & Chief Executive Officer Allen Parker - Chief Financial Officer Conference Call Participants Ryan McKeveny - Zelman John Colantuoni - Jefferies Jay McCanless - Wedbush Operator Good afternoon. My name is Sam and I will be your conference operator today.

Zillow Group, Inc. (Z) CEO Rich Barton on Q2 2022 Results - Earnings Call Transcript

Zillow says it will team up with Opendoor to help fight the impending downturn of the real-estate market.

Zillow Reopens the Door to iBuying

The real estate company reported $1 billion in revenue for the quarter, a 23% drop from the same quarter last year.

Zillow Sees Housing Slowdown Hitting Revenue

Zillow Group still wants to help people quickly sell their home.

After ditching home-buying business, Zillow Group partners with rival Opendoor

Zillow Group expects revenue from its core Premier Agent business unit to decrease more than 20% year-over-year in the third quarter due to housing trends.

Zillow Group expects real estate industry to ‘meaningfully contract' in second half of 2022

Zillow Group Inc. is almost done selling all the homes it bought in a flurry that led to a flameout of its iBuying business, but its plans for the future led to shares plunging in late trading Thursday on a disappointing forecast.

Zillow is almost done selling homes, but stock slumps as the hard part is still to come

SEATTLE , Aug. 4, 2022 /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 ended June 30, 2022. Complete financial results for the second quarter and outlook for the third quarter of 2022 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 Second-Quarter 2022 Financial Results

Home sellers visiting Zillow will be able to request an Opendoor offer  SEATTLE and SAN FRANCISCO , Aug. 4, 2022 /PRNewswire/ -- Zillow, Inc. (Nasdaq: Z and ZG) and Opendoor Technologies Inc. (Nasdaq: OPEN) have announced a multi-year partnership that combines two category leaders to transform how people start their move. The partnership will allow home sellers on the Zillow platform to seamlessly request an Opendoor offer to sell their home.

Zillow, Opendoor announce multi-year partnership

Shares of Zillow Group Inc. fell Thursday after an analyst cautioned that the online real-estate company could be preparing to cut its financial forecasts when it reports earnings Aug. 4.

Zillow could deliver a ‘back up the truck' reset with upcoming earnings, analyst says

Company to add new filters and features, including the ability for users to hide homes they've already considered SEATTLE , July 21, 2022 /PRNewswire/ -- Zillow today announced a   new app  feature that lets home shoppers and renters search more quickly for properties across different neighborhoods, ZIP codes, cities, counties, states and more — pulling them all together into a single list. It's one of several new and upcoming search features empowering Zillow users to move faster and shop with confidence for exactly the types of homes they want in the exact locations they'd like to live.

Zillow's new tool powers home searches in up to five areas at once, letting shoppers move as fast as the market

Conference Call to be Webcast Live at 2 p.m. PT / 5 p.m.

News for Zillow Stock (Z)