Zillow (Z) FCF Margin (2014 - 2026)
Zillow's (Z) quarterly FCF Margin came in at 3.24% in Q2 2026, down 1087.0% year-over-year from 0.33% in Q2 2025, and down 113.81% quarter-over-quarter from 23.45% in Q1 2026.
Zillow (Z) FCF Margin (2014 - 2026) Analysis & Trends
Zillow (Z) has reported FCF Margin for 13 consecutive years, with 3.24% the latest figure, recorded in Q2 2026.
- On a quarterly basis, FCF Margin fell 1087.0% year-over-year to 3.24% in Q2 2026; TTM through Jun 2026 was 9.18%, a 522.0% decrease from a year earlier, with the FY2025 full-year figure at 9.1%, down 365.0% from the prior year.
- FCF Margin was 3.24% for Q2 2026 at Zillow, down from 23.45% in the prior quarter.
- Over five years, FCF Margin peaked at 626.68% in Q1 2022 and troughed at 3.24% in Q2 2026.
- A 5-year average of 54.8% and a median of 12.11% in 2023 frame the typical range for FCF Margin.
- Across the five-year window, FCF Margin soared 60788 bps in 2022 and tumbled 61346 bps in 2023, its largest moves.
- Over 5 years, FCF Margin stood at 12.87% in 2022, then slipped by 15 bps to 10.97% in 2023, then soared by 45 bps to 15.88% in 2024, then tumbled by 58 bps to 6.73% in 2025, then slumped by 148 bps to 3.24% in 2026.
- The last three FCF Margin figures came in at 3.24% (Q2 2026), 23.45% (Q1 2026), and 6.73% (Q4 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Costar | 11.66 Bn | 10.40 Bn | 728.00 Mn | 8.32% |
| 2 | Appfolio | 7.30 Bn | 7.08 Bn | 178.53 Mn | 30.72% |
| 3 | Zillow | 6.96 Bn | 6.28 Bn | 562.00 Mn | -3.24% |
| 4 | SmartRent | 229.93 Mn | 137.27 Mn | 16.22 Mn | -4.80% |
| 5 | Fangdd Network | 23.51 Mn | -82.57 Mn | - | - |
| 6 | 3 E Network Technology | 430,612.01 | -468,262.99 | - | - |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -3.24% |
| 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 | -45.61% |
| Sep 30, 2021 | -513.45% |
Zillow FCF 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=fcf-margin&ticker=Z&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "fcf-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=fcf-margin&ticker=Z&period=max&api_key=YOUR_API_KEY");
const data = await res.json();