Zillow (Z) Free Cash Flow (2014 - 2026)
Zillow's (Z) quarterly Free Cash Flow came in at -$25.0 million in Q2 2026, down 150.0% year-over-year from $50.0 million in Q2 2025, and down 115.06% quarter-over-quarter from $166.0 million in Q1 2026.
Zillow (Z) Free Cash Flow (2014 - 2026) Analysis & Trends
Zillow (Z) has reported Free Cash Flow for 13 consecutive years, with -$25.0 million the latest figure, recorded in Q2 2026.
- On a quarterly basis, Free Cash Flow fell 150.0% year-over-year to -$25.0 million in Q2 2026; TTM through Jun 2026 was $258.0 million, a 25.0% decrease from a year earlier, with the FY2025 full-year figure at $235.0 million, down 17.54% from the prior year.
- Free Cash Flow was -$25.0 million for Q2 2026 at Zillow, down from $166.0 million in the prior quarter.
- Over five years, Free Cash Flow peaked at $3.4 billion in Q1 2022 and troughed at -$25.0 million in Q2 2026.
- A 5-year average of $292.7 million and a median of $63.5 million in 2023 frame the typical range for Free Cash Flow.
- Across the five-year window, Free Cash Flow surged 1366.81% in 2022 and sank 150.0% in 2026, its largest moves.
- Over 5 years, Free Cash Flow stood at $56.0 million in 2022, then declined by 7.14% to $52.0 million in 2023, then surged by 69.23% to $88.0 million in 2024, then slumped by 50.0% to $44.0 million in 2025, then slumped by 156.82% to -$25.0 million in 2026.
- The last three Free Cash Flow figures came in at -$25.0 million (Q2 2026), $166.0 million (Q1 2026), and $44.0 million (Q4 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF (Qtr) |
|---|---|---|---|---|---|
| 1 | Costar | 11.66 Bn | 10.40 Bn | 728.00 Mn | 77.00 Mn |
| 2 | Appfolio | 7.30 Bn | 7.08 Bn | 178.53 Mn | 86.35 Mn |
| 3 | Zillow | 6.96 Bn | 6.28 Bn | 562.00 Mn | -25.00 Mn |
| 4 | SmartRent | 229.93 Mn | 137.27 Mn | 16.22 Mn | -1.91 Mn |
| 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 | -25.00 Mn |
| Mar 31, 2026 | 166.00 Mn |
| Dec 31, 2025 | 44.00 Mn |
| Sep 30, 2025 | 73.00 Mn |
| Jun 30, 2025 | 50.00 Mn |
| Mar 31, 2025 | 68.00 Mn |
| Dec 31, 2024 | 88.00 Mn |
| Sep 30, 2024 | 138.00 Mn |
| Jun 30, 2024 | 18.00 Mn |
| Mar 31, 2024 | 41.00 Mn |
| Dec 31, 2023 | 52.00 Mn |
| Sep 30, 2023 | 40.00 Mn |
| Jun 30, 2023 | 65.00 Mn |
| Mar 31, 2023 | 62.00 Mn |
| Dec 31, 2022 | 56.00 Mn |
| Sep 30, 2022 | 138.00 Mn |
| Jun 30, 2022 | 836.00 Mn |
| Mar 31, 2022 | 3.36 Bn |
| Dec 31, 2021 | -244.00 Mn |
| Sep 30, 2021 | -2.82 Bn |
Zillow Free Cash Flow 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=free-cash-flow&ticker=Z&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "free-cash-flow", "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=free-cash-flow&ticker=Z&period=max&api_key=YOUR_API_KEY");
const data = await res.json();