ZILLOW GROUP, INC. Income Statement
ZG / Industrials|13 years of annual SEC 10-K data (FY2013-FY2025)
Line items include revenue, cost of goods sold, gross profit, operating expenses, interest, taxes, and net income with per-share data across 13 fiscal years. All figures from audited SEC 10-K filings.
ZILLOW GROUP, INC. reported $2.6B in revenue and $23M in net income for FY2025. Revenue has grown at a 23.9% compound annual rate over the past 12 years.
Based on SEC 10-K filings.
Key Data Points
- Negative profit margin: -5.0%
- High earnings quality (cash-backed earnings)
Data sourced from SEC EDGAR filings. Not investment advice.
| Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | FY2015 | FY2014 | FY2013 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $2.6B | $2.2B | $1.9B | $2.0B | $2.1B | $1.6B | $2.7B | $1.3B | $1.1B | $846.6M | $644.7M | $325.9M | $197.5M |
| Cost of Revenue | $668.0M | $527.0M | $421.0M | $367.0M | $323.0M | $255.0M | $1.5B | $153.6M | $85.2M | $69.3M | $60.1M | $29.5M | $18.8M |
| Gross Profit | $1.9B | $1.7B | $1.5B | $1.6B | $1.8B | $1.4B | $1.2B | - | - | - | - | - | - |
| SG&A Expense | $497.0M | $524.0M | $553.0M | $498.0M | $414.0M | $324.0M | $366.0M | $262.2M | $210.8M | $332.0M | $185.0M | $65.5M | $37.9M |
| R&D Expense | $607.0M | $585.0M | $560.0M | $498.0M | $421.0M | $324.0M | $350.9M | $410.8M | $320.0M | $255.6M | $184.5M | $84.7M | $48.5M |
| Operating Income | -$34.0M | -$197.0M | -$270.0M | -$93.0M | $239.0M | $109.0M | -$247.5M | -$129.0M | -$161.9M | -$192.9M | -$149.5M | -$44.7M | -$16.9M |
| Interest Expense | $18.0M | $36.0M | $36.0M | $35.0M | $128.0M | $138.0M | $101.8M | $41.3M | $27.5M | $7.4M | $5.5M | - | - |
| Income Tax | $2.0M | $5.0M | $4.0M | $3.0M | -$1.0M | -$8.0M | -$4.3M | -$31.1M | -$89.6M | $130.0K | -$4.6M | - | -$4.1M |
| Net Income | $23.0M | -$112.0M | -$158.0M | -$101.0M | -$528.0M | -$162.0M | -$305.4M | -$119.9M | -$94.4M | -$220.4M | -$148.9M | -$43.6M | -$12.5M |
| EPS (Basic) | -$0.68 | -$0.42 | -$2.11 | -$0.72 | -$1.48 | - | - | - | - | - | - | - | - |
| EPS (Diluted) | -$0.68 | -$0.42 | -$2.02 | -$0.70 | -$1.48 | -$0.61 | -$0.51 | -$1.22 | -$0.88 | -$0.36 | -$0.12 | - | - |
| Shares Outstanding | 233.6M | 242.2M | 261.8M | 231.4M | 206.4M | 197.9M | 186.5M | 180.1M | 169.8M | 120.0M | 108.1M | 120.0M | 108.1M |
| Gross Margin | 74.1% | 76.4% | 78.3% | 81.3% | 84.9% | 84.3% | 43.7% | - | - | - | - | - | - |
| Operating Margin | -1.3% | -8.8% | -13.9% | -4.8% | 11.2% | 6.7% | -9.0% | -9.7% | -15.0% | -22.8% | -23.2% | -13.7% | -8.6% |
| Profit Margin | 0.9% | -5.0% | -8.1% | -5.2% | -24.8% | -10.0% | -11.1% | -9.0% | -8.8% | -26.0% | -23.1% | -13.4% | -6.3% |