Zillow (Z) Net Margin (2014 - 2026)
Zillow (Z) posted quarterly Net Margin of 6.5% for Q1 2026, up 516.0% year-over-year from 1.05% in Q1 2025, and up 1316.38% quarter-over-quarter from 0.46% in Q4 2025.
Zillow (Z) Net Margin (2014 - 2026) Analysis & Trends
Zillow (Z) has reported Net Margin for 12 consecutive years, with 6.5% the latest figure, recorded in Q1 2026.
- In Q1 2026, Net Margin rose 516.0% year-over-year to 6.5%; the TTM figure through Mar 2026 stood at 2.27% (up 578.0% YoY), while the FY2025 annual figure was 0.89%, changed N/A from the prior year.
- Net Margin improved to 6.5% in Q1 2026 per Z's latest filing, from 0.46% in the prior quarter.
- Across five years, Net Margin topped out at 6.5% in Q1 2026 and bottomed at 9.39% in Q4 2024.
- Historically, Net Margin has averaged 1.05% across 4 years, with a median of 0.41% in 2022.
- On a YoY basis, Net Margin climbed as much as 6268 bps in 2022 and fell as far as 595 bps in 2022.
- Zillow's Net Margin stood at 0.41% in 2022, then sank by 2167 bps to 9.39% in 2024, then surged by 105 bps to 0.46% in 2025, then soared 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.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Alphabet | 4,165.61 Bn | 3,736.57 Bn | 73.85 Bn | 93.58% |
| 2 | Meta Platforms | 1,523.46 Bn | 1,433.20 Bn | 49.47 Bn | 26.07% |
| 3 | Taboola.com | 1,141.85 Bn | 1,141.71 Bn | 139.48 Mn | 0.91% |
| 4 | Baidu | 288.34 Bn | 283.85 Bn | 1.88 Mn | 834.82% |
| 5 | Spotify Technology | 103.44 Bn | 93.20 Bn | 1.75 Bn | 15.91% |
| 6 | Joyy | 77.39 Bn | 76.50 Bn | 205.64 Mn | 9.28% |
| 7 | BILI Social International | 60.58 Bn | 60.58 Bn | 405,933.00 | 15.03% |
| 8 | Nebius | 50.20 Bn | 40.57 Bn | 295.20 Mn | -1.45% |
| 9 | 30.00 Bn | 27.22 Bn | 734.60 Mn | 31.41% | |
| 10 | Zillow | 7.78 Bn | 7.09 Bn | 562.00 Mn | -0.52% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | -0.52% |
| Mar 31, 2026 | 6.50% |
| Dec 31, 2025 | 0.46% |
| Sep 30, 2025 | 1.48% |
| Jun 30, 2025 | 0.31% |
| Mar 31, 2025 | 1.34% |
| Dec 31, 2024 | -9.39% |
| Sep 30, 2024 | -3.44% |
| Jun 30, 2024 | -2.97% |
| Mar 31, 2024 | -4.35% |
| Sep 30, 2022 | -0.41% |
| Jun 30, 2022 | -0.40% |
| Mar 31, 2022 | -1.68% |
| Dec 31, 2021 | -49.91% |
| Sep 30, 2021 | -63.09% |
| Jun 30, 2021 | 0.76% |
| Mar 31, 2021 | 4.27% |
| Dec 31, 2020 | -23.00% |
| Sep 30, 2020 | 6.03% |
| Jun 30, 2020 | -10.99% |