Growth Metrics

Zillow (Z) Gross Margin (2016 - 2025)

Historic Gross Margin for Zillow (Z) over the last 12 years, with Q4 2025 value amounting to 72.78%.

  • Zillow's Gross Margin fell 30300.0% to 72.78% in Q4 2025 from the same period last year, while for Dec 2025 it was 74.14%, marking a year-over-year decrease of 22900.0%. This contributed to the annual value of 74.14% for FY2025, which is 22900.0% down from last year.
  • Per Zillow's latest filing, its Gross Margin stood at 72.78% for Q4 2025, which was down 30300.0% from 72.63% recorded in Q3 2025.
  • In the past 5 years, Zillow's Gross Margin ranged from a high of 85.09% in Q3 2021 and a low of 41.07% during Q2 2021
  • Its 5-year average for Gross Margin is 74.53%, with a median of 77.01% in 2025.
  • In the last 5 years, Zillow's Gross Margin surged by 1191200bps in 2021 and then tumbled by -38000bps in 2023.
  • Quarter analysis of 5 years shows Zillow's Gross Margin stood at 82.24% in 2021, then decreased by -3bps to 79.54% in 2022, then decreased by -5bps to 75.74% in 2023, then grew by 0bps to 75.81% in 2024, then decreased by -4bps to 72.78% in 2025.
  • Its Gross Margin stands at 72.78% for Q4 2025, versus 72.63% for Q3 2025 and 74.66% for Q2 2025.