Zillow Group, Inc. (Z) FCF Margin (2014 - 2026)

Zillow has disclosed FCF Margin across 13 years of filings, most recently posting 23.45% for Q1 2026.

• In Q1 2026, FCF Margin rose 1208.0% year-over-year to 23.45%; the TTM figure through Mar 2026 stood at 12.37% (down 117.0% YoY), while the FY2025 annual figure was 9.1%, down 365.0% from the prior year.
• FCF Margin rose to 23.45% in Q1 2026, from 6.73% in the prior quarter.
• Over the last five years, FCF Margin for Z reached as high as 626.68% in Q1 2022 and fell as low as 3.15% in Q2 2024.
• The 5-year median for FCF Margin is 12.85% (2023), against an average of 58.21%.
• Annual changes were most pronounced in 2022 — FCF Margin jumped 60788 bps — and 2023, when it plunged 61346 bps.
• A 5-year view of FCF Margin shows it stood at 12.87% in 2022, then dropped by 15 bps to 10.97% in 2023, then jumped by 45 bps to 15.88% in 2024, then plunged by 58 bps to 6.73% in 2025, then jumped by 248 bps to 23.45% in 2026.
• According to Business Quant data, FCF Margin over the past three periods registered 23.45%, 6.73%, and 10.8% for Q1 2026, Q4 2025, and Q3 2025 respectively.