Zillow (Z) EBT Margin (2014 - 2026)
Zillow (Z) posted quarterly EBT Margin of 6.78% for Q1 2026, up 544.0% year-over-year from 1.05% in Q1 2025, and up 1377.97% quarter-over-quarter from 0.46% in Q4 2025.
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Zillow (Z) EBT Margin (2014 - 2026) Analysis & Trends
Zillow (Z) has reported EBT Margin for 13 consecutive years, with 6.78% the latest figure, recorded in Q1 2026.
- In Q1 2026, EBT Margin rose 544.0% year-over-year to 6.78%; the TTM figure through Mar 2026 stood at 2.41% (up 580.0% YoY), while the FY2025 annual figure was 0.97%, up 575.0% from the prior year.
- EBT Margin improved to 6.78% in Q1 2026 per Z's latest filing, from 0.46% in the prior quarter.
- Across five years, EBT Margin topped out at 6.78% in Q1 2026 and bottomed at 15.63% in Q4 2022.
- Historically, EBT Margin has averaged 3.54% across 5 years, with a median of 3.44% in 2024.
- Annual changes were most pronounced in 2022 — EBT Margin slumped 1657 bps — and 2025, when it soared 966 bps.
- Zillow's EBT Margin stood at 15.63% in 2022, then climbed by 6 bps to 14.77% in 2023, then jumped by 38 bps to 9.21% in 2024, then soared by 105 bps to 0.46% in 2025, then surged by 1378 bps to 6.78% in 2026.
- Business Quant data shows Z's EBT Margin at 6.78% in Q1 2026, 0.46% in Q4 2025, and 1.78% in Q3 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBT Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Alphabet | 4,083.83 Bn | 3,654.79 Bn | 73.85 Bn | 115.82% |
| 2 | Meta Platforms | 1,456.07 Bn | 1,365.81 Bn | 49.47 Bn | 30.85% |
| 3 | Spotify Technology | 111.71 Bn | 104.79 Bn | 1.86 Bn | 15.07% |
| 4 | Nebius | 50.03 Bn | 40.93 Bn | 448.70 Mn | -0.12% |
| 5 | 28.44 Bn | 25.65 Bn | 734.60 Mn | 31.91% | |
| 6 | Bilibili | 13.59 Bn | 11.45 Bn | 433.97 Mn | 4.68% |
| 7 | Tencent Music Entertainment | 12.71 Bn | 9.21 Bn | 582.00 Mn | - |
| 8 | 12.21 Bn | 10.93 Bn | 922.30 Mn | -4.17% | |
| 9 | Match | 9.45 Bn | 8.86 Bn | 648.84 Mn | 25.16% |
| 10 | Zillow | 8.00 Bn | 7.31 Bn | 562.00 Mn | -0.39% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -0.39% |
| Mar 31, 2026 | 6.78% |
| Dec 31, 2025 | 0.46% |
| Sep 30, 2025 | 1.78% |
| Jun 30, 2025 | 0.31% |
| Mar 31, 2025 | 1.34% |
| Dec 31, 2024 | -9.21% |
| Sep 30, 2024 | -3.44% |
| Jun 30, 2024 | -2.62% |
| Mar 31, 2024 | -3.97% |
| Dec 31, 2023 | -14.77% |
| Sep 30, 2023 | -5.65% |
| Jun 30, 2023 | -6.72% |
| Mar 31, 2023 | -4.69% |
| Dec 31, 2022 | -15.63% |
| Sep 30, 2022 | -9.94% |
| Jun 30, 2022 | 0.20% |
| Mar 31, 2022 | 5.60% |
| Dec 31, 2021 | 0.93% |
| Sep 30, 2021 | 2.36% |