Zillow (Z) EBITDA Margin (2014 - 2026)
Zillow (Z) reported EBITDA Margin of 5.08% for Q1 2026, up 659.0% year-over-year from 0.67% in Q1 2025, and up 402.31% on a QoQ basis from 1.68% in Q4 2025.
Zillow (Z) has 13 years of EBITDA Margin data on file, last reported at 5.08% in Q1 2026.
- Quarterly EBITDA Margin rose 659.0% year-over-year to 5.08% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 0.41% (up 739.0% YoY) and the FY2025 annual result came in at 1.32%, up 749.0% from the prior year.
- EBITDA Margin grew to 5.08% in Q1 2026 per Z's latest filing, from 1.68% in the prior quarter.
- Across five years, EBITDA Margin topped out at 6.72% in Q1 2022 and bottomed at 22.15% in Q4 2023.
- The 5-year median for EBITDA Margin is 7.75% (2024), against an average of 6.66%.
- The widest annual swing landed in 2022, when EBITDA Margin sank 2506 bps; it then soared 1077 bps in 2025.
- Tracing Z's EBITDA Margin over 5 years: stood at 19.08% in 2022, then dropped by 16 bps to 22.15% in 2023, then surged by 44 bps to 12.45% in 2024, then jumped by 86 bps to 1.68% in 2025, then jumped by 402 bps to 5.08% in 2026.
- Per Business Quant, the three latest Z EBITDA Margin figures stand at 5.08% (Q1 2026), 1.68% (Q4 2025), and 0.44% (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBITDA Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Alphabet | 4,554.43 Bn | 4,338.81 Bn | 102.29 Bn | 36.12% |
| 2 | Meta Platforms | 1,602.78 Bn | 1,521.60 Bn | 46.09 Bn | 40.62% |
| 3 | Spotify Technology | 119.86 Bn | 109.62 Bn | 1.75 Bn | 15.77% |
| 4 | 33.71 Bn | 30.94 Bn | 511.94 Mn | 27.57% | |
| 5 | Nebius | 22.38 Bn | 22.38 Bn | 295.20 Mn | -32.08% |
| 6 | 12.76 Bn | 11.46 Bn | 768.96 Mn | -7.97% | |
| 7 | Kanzhun | 12.59 Bn | 10.49 Bn | 255.62 Bn | 30.02% |
| 8 | Snap | 9.64 Bn | 6.81 Bn | 1.29 Bn | -4.87% |
| 9 | Match | 8.43 Bn | 7.41 Bn | 653.28 Mn | 29.00% |
| 10 | Zillow | 8.25 Bn | 7.47 Bn | 519.00 Mn | 5.08% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 5.08% |
| Dec 31, 2025 | -1.68% |
| Sep 30, 2025 | -0.44% |
| Jun 30, 2025 | -1.68% |
| Mar 31, 2025 | -1.51% |
| Dec 31, 2024 | -12.45% |
| Sep 30, 2024 | -7.75% |
| Jun 30, 2024 | -6.64% |
| Mar 31, 2024 | -8.51% |
| Dec 31, 2023 | -22.15% |
| Sep 30, 2023 | -10.69% |
| Jun 30, 2023 | -13.24% |
| Mar 31, 2023 | -9.59% |
| Dec 31, 2022 | -19.08% |
| Sep 30, 2022 | -10.56% |
| Jun 30, 2022 | 0.99% |
| Mar 31, 2022 | 6.72% |
| Dec 31, 2021 | 5.98% |
| Sep 30, 2021 | 10.00% |
| Jun 30, 2021 | 4.73% |
| Mar 31, 2021 | 7.22% |
| Dec 31, 2020 | -25.87% |
| Sep 30, 2020 | 11.64% |
| Jun 30, 2020 | -8.16% |
| Mar 31, 2020 | -12.84% |
| Dec 31, 2019 | -7.82% |
| Sep 30, 2019 | -6.50% |
| Jun 30, 2019 | -10.43% |
| Mar 31, 2019 | -13.81% |
| Dec 31, 2018 | -26.75% |
| Sep 30, 2018 | -3.00% |
| Jun 30, 2018 | -2.95% |
| Mar 31, 2018 | -3.79% |
| Dec 31, 2017 | -57.11% |
| Sep 30, 2017 | 5.23% |
| Jun 30, 2017 | -6.20% |
| Mar 31, 2017 | 0.47% |
| Dec 31, 2016 | 0.97% |
| Sep 30, 2016 | 3.49% |
| Jun 30, 2016 | -74.53% |
| Mar 31, 2016 | -282.46% |
| Dec 31, 2015 | -11.11% |
| Sep 30, 2015 | -117.67% |
| Jun 30, 2015 | -25.84% |
| Mar 31, 2015 | -45.51% |
| Dec 31, 2014 | 8.60% |
| Sep 30, 2014 | -22.34% |
| Jun 30, 2014 | -67.01% |
| Mar 31, 2014 | -9.78% |