Growth Metrics

Zillow (Z) Net Margin (2016 - 2025)

Zillow (Z) has disclosed Net Margin for 11 consecutive years, with 0.46% as the latest value for Q4 2025.

  • Quarterly Net Margin rose 984.0% to 0.46% in Q4 2025 from the year-ago period, while the trailing twelve-month figure was 0.89% through Dec 2025, up 590.0% year-over-year, with the annual reading at 0.89% for FY2025, N/A changed from the prior year.
  • Net Margin for Q4 2025 was 0.46% at Zillow, down from 1.48% in the prior quarter.
  • The five-year high for Net Margin was 4.27% in Q1 2021, with the low at 63.09% in Q3 2021.
  • Average Net Margin over 4 years is 8.47%, with a median of 0.41% recorded in 2022.
  • The sharpest move saw Net Margin tumbled -6912bps in 2021, then surged 6268bps in 2022.
  • Over 4 years, Net Margin stood at 49.91% in 2021, then surged by 99bps to 0.41% in 2022, then crashed by -2167bps to 9.39% in 2024, then soared by 105bps to 0.46% in 2025.
  • According to Business Quant data, Net Margin over the past three periods came in at 0.46%, 1.48%, and 0.31% for Q4 2025, Q3 2025, and Q2 2025 respectively.