Zillow (Z) Net Margin (2014 - 2026)

Zillow (Z) has 12 years of Net Margin data on file, last reported at 6.5% in Q1 2026.

• Net Margin for Q1 2026 came in at 6.5%, up 516.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 2.27% (up 578.0% YoY), and the FY2025 annual result was 0.89%, changed N/A from the prior year.
• Net Margin grew to 6.5% in Q1 2026 per Z's latest filing, from 0.46% in the prior quarter.
• Over five years, Net Margin peaked at 6.5% in Q1 2026 and troughed at 9.39% in Q4 2024.
• A 4-year average of 1.05% and a median of 0.41% in 2022 frame the typical range for Net Margin.
• On a YoY basis, Net Margin climbed as much as 6268 bps in 2022 and fell as far as 595 bps in 2022.
• A 4-year view of Net Margin shows it stood at 0.41% in 2022, then plunged by 2167 bps to 9.39% in 2024, then jumped by 105 bps to 0.46% in 2025, then surged by 1316 bps to 6.5% in 2026.
• Business Quant data shows Z's Net Margin at 6.5% in Q1 2026, 0.46% in Q4 2025, and 1.48% in Q3 2025.