Zillow (Z) Enterprise Value (2016 - 2026)
Zillow (Z) posted quarterly Enterprise Value of -$783.0 million for Q1 2026, up 51.15% year-over-year from -$518.0 million in Q1 2025, and up 39.54% quarter-over-quarter from -$1.3 billion in Q4 2025.
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Zillow (Z) Enterprise Value (2016 - 2026) Analysis & Trends
Zillow (Z) has reported Enterprise Value for 11 consecutive years, with -$783.0 million the latest figure, recorded in Q1 2026.
- In Q1 2026, Enterprise Value rose 51.15% year-over-year to -$783.0 million; the TTM figure through Mar 2026 stood at -$783.0 million (up 51.15% YoY), while the FY2025 annual figure was -$1.3 billion, up 30.3% from the prior year.
- Enterprise Value improved to -$783.0 million in Q1 2026 per Z's latest filing, from -$1.3 billion in the prior quarter.
- Across five years, Enterprise Value topped out at -$592.0 million in Q2 2025 and bottomed at -$3.6 billion in Q1 2022.
- Historically, Enterprise Value has averaged -$1.7 billion across 5 years, with a median of -$1.5 billion in 2023.
- Annual changes were most pronounced in 2023 — Enterprise Value sank 51.67% — and 2024, when it soared 64.27%.
- Zillow's Enterprise Value stood at -$1.5 billion in 2022, then decreased by 1.84% to -$1.5 billion in 2023, then dropped by 24.28% to -$1.9 billion in 2024, then surged by 30.3% to -$1.3 billion in 2025, then jumped by 39.54% to -$783.0 million in 2026.
- Business Quant data shows Z's Enterprise Value at -$783.0 million in Q1 2026, -$1.3 billion in Q4 2025, and -$1.4 billion in Q3 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Enterprise Value (Qtr) |
|---|---|---|---|---|---|
| 1 | Alphabet | 4,083.83 Bn | 3,654.79 Bn | 73.85 Bn | -429.04 Bn |
| 2 | Meta Platforms | 1,456.07 Bn | 1,365.81 Bn | 49.47 Bn | -90.26 Bn |
| 3 | Spotify Technology | 111.71 Bn | 104.79 Bn | 1.86 Bn | -6.92 Bn |
| 4 | Nebius | 50.03 Bn | 40.93 Bn | 448.70 Mn | -9.10 Bn |
| 5 | 28.44 Bn | 25.65 Bn | 734.60 Mn | -2.79 Bn | |
| 6 | Bilibili | 13.59 Bn | 11.45 Bn | 433.97 Mn | -2.14 Bn |
| 7 | Tencent Music Entertainment | 12.71 Bn | 9.21 Bn | 582.00 Mn | -3.09 Bn |
| 8 | 12.21 Bn | 10.93 Bn | 922.30 Mn | -1.27 Bn | |
| 9 | Match | 9.45 Bn | 8.86 Bn | 648.84 Mn | -583.81 Mn |
| 10 | Zillow | 8.00 Bn | 7.31 Bn | 562.00 Mn | -682.00 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -682.00 Mn |
| Mar 31, 2026 | -783.00 Mn |
| Dec 31, 2025 | -1.30 Bn |
| Sep 30, 2025 | -1.39 Bn |
| Jun 30, 2025 | -1.16 Bn |
| Mar 31, 2025 | -1.60 Bn |
| Dec 31, 2024 | -1.86 Bn |
| Sep 30, 2024 | -2.17 Bn |
| Jun 30, 2024 | -2.63 Bn |
| Mar 31, 2024 | -2.92 Bn |
| Dec 31, 2023 | -2.81 Bn |
| Sep 30, 2023 | -3.27 Bn |
| Jun 30, 2023 | -3.31 Bn |
| Mar 31, 2023 | -3.37 Bn |
| Dec 31, 2022 | -3.36 Bn |
| Sep 30, 2022 | -3.49 Bn |
| Jun 30, 2022 | -3.54 Bn |
| Mar 31, 2022 | -3.63 Bn |
| Dec 31, 2021 | -2.83 Bn |
| Sep 30, 2021 | -3.22 Bn |