Zillow (Z) FCF Margin (2014 - 2026)
Zillow (Z) posted quarterly FCF Margin of 23.45% for Q1 2026, up 1208.0% year-over-year from 1.79% in Q1 2025, and up 248.5% quarter-over-quarter from 6.73% in Q4 2025.
Zillow (Z) FCF Margin (2014 - 2026) Analysis & Trends
Zillow (Z) has reported FCF Margin for 13 consecutive years, with 23.45% the latest figure, recorded in 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 grew 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.
- Historically, FCF Margin has averaged 58.21% across 5 years, with a median of 12.85% in 2023.
- Annual changes were most pronounced in 2022 — FCF Margin jumped 60788 bps — and 2023, when it slumped 61346 bps.
- Zillow's FCF Margin stood at 12.87% in 2022, then declined by 15 bps to 10.97% in 2023, then surged by 45 bps to 15.88% in 2024, then tumbled by 58 bps to 6.73% in 2025, then surged by 248 bps to 23.45% in 2026.
- Business Quant data shows Z's FCF Margin at 23.45% in Q1 2026, 6.73% in Q4 2025, and 10.8% in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Alphabet | 4,165.61 Bn | 3,736.57 Bn | 73.85 Bn | -4.89% |
| 2 | Meta Platforms | 1,523.46 Bn | 1,433.20 Bn | 49.47 Bn | 2.87% |
| 3 | Taboola.com | 1,141.85 Bn | 1,141.71 Bn | 139.48 Mn | - |
| 4 | Baidu | 288.34 Bn | 283.85 Bn | 1.88 Mn | 26.66% |
| 5 | Spotify Technology | 103.44 Bn | 93.20 Bn | 1.75 Bn | 18.55% |
| 6 | Joyy | 77.39 Bn | 76.50 Bn | 205.64 Mn | - |
| 7 | BILI Social International | 60.58 Bn | 60.58 Bn | 405,933.00 | 54.09% |
| 8 | Nebius | 50.20 Bn | 40.57 Bn | 295.20 Mn | 1,185.69% |
| 9 | 30.00 Bn | 27.22 Bn | 734.60 Mn | 32.39% | |
| 10 | Zillow | 7.78 Bn | 7.09 Bn | 562.00 Mn | -3.24% |
Historic Data
Download 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 | -517.82% |