Zillow (Z) FCF Margin (2014 - 2026)
Zillow (Z) reported FCF Margin of 23.45% for Q1 2026, up 1208.0% year-over-year from 1.79% in Q1 2025, and up 248.5% on a QoQ basis from 6.73% in Q4 2025.
Zillow (Z) has 13 years of FCF Margin data on file, last reported at 23.45% in Q1 2026.
- Quarterly FCF Margin rose 1208.0% year-over-year to 23.45% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 12.37% (down 117.0% YoY) and the FY2025 annual result came in at 9.1%, down 365.0% from the prior year.
- FCF Margin improved to 23.45% in Q1 2026 per Z's latest filing, from 6.73% in the prior quarter.
- Across five years, FCF Margin topped out at 626.68% in Q1 2022 and bottomed at 3.15% in Q2 2024.
- The 5-year median for FCF Margin is 12.85% (2023), against an average of 58.21%.
- The widest annual swing landed in 2022, when FCF Margin surged 60788 bps; it then plunged 61346 bps in 2023.
- Tracing Z's FCF Margin over 5 years: stood at 12.87% in 2022, then decreased by 15 bps to 10.97% in 2023, then surged by 45 bps to 15.88% in 2024, then plunged by 58 bps to 6.73% in 2025, then surged by 248 bps to 23.45% in 2026.
- Per Business Quant, the three latest Z FCF Margin figures stand at 23.45% (Q1 2026), 6.73% (Q4 2025), and 10.8% (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Alphabet | 4,554.43 Bn | 4,338.81 Bn | 102.29 Bn | 9.21% |
| 2 | Meta Platforms | 1,602.78 Bn | 1,521.60 Bn | 46.09 Bn | 28.74% |
| 3 | Spotify Technology | 119.86 Bn | 109.62 Bn | 1.75 Bn | 18.55% |
| 4 | 33.71 Bn | 30.94 Bn | 511.94 Mn | 46.90% | |
| 5 | Nebius | 22.38 Bn | 22.38 Bn | 295.20 Mn | 1,185.69% |
| 6 | 12.76 Bn | 11.46 Bn | 768.96 Mn | 30.94% | |
| 7 | Kanzhun | 12.59 Bn | 10.49 Bn | 255.62 Bn | 0.06% |
| 8 | Snap | 9.64 Bn | 6.81 Bn | 1.29 Bn | 18.71% |
| 9 | Match | 8.43 Bn | 7.41 Bn | 653.28 Mn | 20.14% |
| 10 | Zillow | 8.25 Bn | 7.47 Bn | 519.00 Mn | 23.45% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 23.45% |
| Dec 31, 2025 | 6.73% |
| Sep 30, 2025 | 10.80% |
| Jun 30, 2025 | 7.63% |
| Mar 31, 2025 | 11.37% |
| Dec 31, 2024 | 15.88% |
| Sep 30, 2024 | 23.75% |
| Jun 30, 2024 | 3.15% |
| Mar 31, 2024 | 7.75% |
| Dec 31, 2023 | 10.97% |
| Sep 30, 2023 | 8.06% |
| Jun 30, 2023 | 12.85% |
| Mar 31, 2023 | 13.22% |
| Dec 31, 2022 | 12.87% |
| Sep 30, 2022 | 28.57% |
| Jun 30, 2022 | 165.87% |
| Mar 31, 2022 | 626.68% |
| Dec 31, 2021 | -53.64% |
| Sep 30, 2021 | -505.64% |
| Jun 30, 2021 | -31.45% |
| Mar 31, 2021 | 18.80% |
| Dec 31, 2020 | 36.65% |
| Sep 30, 2020 | 6.06% |
| Jun 30, 2020 | 48.02% |
| Mar 31, 2020 | 23.90% |
| Dec 31, 2019 | 5.71% |
| Sep 30, 2019 | -36.42% |
| Jun 30, 2019 | -42.23% |
| Mar 31, 2019 | -33.10% |
| Dec 31, 2018 | -32.92% |
| Sep 30, 2018 | 4.73% |
| Jun 30, 2018 | 10.14% |
| Mar 31, 2018 | 2.95% |
| Dec 31, 2017 | 45.54% |
| Sep 30, 2017 | 25.57% |
| Jun 30, 2017 | 0.18% |
| Mar 31, 2017 | 21.48% |
| Dec 31, 2016 | 8.15% |
| Sep 30, 2016 | 6.97% |
| Jun 30, 2016 | -46.30% |
| Mar 31, 2016 | 27.42% |
| Dec 31, 2015 | -12.24% |
| Sep 30, 2015 | 35.69% |
| Jun 30, 2015 | -0.37% |
| Mar 31, 2015 | -6.97% |
| Dec 31, 2014 | -3.78% |
| Sep 30, 2014 | -6.09% |
| Jun 30, 2014 | 44.64% |
| Mar 31, 2014 | 9.56% |