Zillow (Z) EBITDA Margin (2014 - 2026)
Zillow (Z) reported EBITDA Margin of 8.03% for Q2 2026, down 1.28 percentage points from 9.31% a year earlier and down 7.08 percentage points from the prior quarter.
Zillow (Z) EBITDA Margin (2014 - 2026) Analysis & Trends
Over the twelve months ended Jun 30, 2026, Zillow's EBITDA Margin came in at 10.60%, up 4.62 percentage points year-over-year; for FY2025, it was 9.72%, up 6.94 percentage points from FY2024.
- EBITDA Margin has a five-year change of -6.11 percentage points (FY2020 to FY2025).
- By year, EBITDA Margin came in at 2.77% in FY2024 (+5.96 pp), -3.19% in FY2023 (-7.99 pp), 4.80% in FY2022 (-14.48 pp) and 19.28% in FY2021 (+3.45 pp).
- The Q2 2026 figure ranks as the lowest quarterly EBITDA Margin since Q4 2024.
- Year over year, EBITDA Margin gained in seven of the last eight quarters, with an average year-over-year change of +5.60 percentage points.
- The high point for year-over-year EBITDA Margin in five years was Q4 2024 (a gain of 9.55 percentage points); the low point was Q4 2022 (a drop of 24.90 percentage points).
- Per Business Quant data, the three quarters before Q2 2026 came in at 15.11% (Q1 2026), 9.02% (Q4 2025) and 10.36% (Q3 2025).
Peer Comparison
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 8.03% |
| Mar 31, 2026 | 15.11% |
| Dec 31, 2025 | 9.02% |
| Sep 30, 2025 | 10.36% |
| Jun 30, 2025 | 9.31% |
| Mar 31, 2025 | 10.20% |
| Dec 31, 2024 | -0.36% |
| Sep 30, 2024 | 3.96% |
| Jun 30, 2024 | 4.37% |
| Mar 31, 2024 | 3.02% |
| Dec 31, 2023 | -9.92% |
| Sep 30, 2023 | 0.20% |
| Jun 30, 2023 | -3.36% |
| Mar 31, 2023 | 0.21% |
| Dec 31, 2022 | -9.43% |
| Sep 30, 2022 | -2.07% |
| Jun 30, 2022 | 11.31% |
| Mar 31, 2022 | 19.03% |
| Dec 31, 2021 | 19.81% |
| Sep 30, 2021 | 17.64% |
Zillow EBITDA Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=ebitda-margin&ticker=Z&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ebitda-margin", "ticker": "Z", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=ebitda-margin&ticker=Z&period=max&api_key=YOUR_API_KEY");
const data = await res.json();