Zillow (Z) Net Margin (2014 - 2026)
Zillow (Z) reported Net Margin of 6.5% for Q1 2026, up 516.0% year-over-year from 1.05% in Q1 2025, and up 1316.38% on a QoQ basis from 0.46% in Q4 2025.
Zillow (Z) has 12 years of Net Margin data on file, last reported at 6.5% in Q1 2026.
- Quarterly Net Margin rose 516.0% year-over-year to 6.5% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 2.27% (up 578.0% YoY) and the FY2025 annual result came in at 0.89%, changed N/A from the prior year.
- Net Margin advanced 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.
- The 4-year median for Net Margin is 0.41% (2022), against an average of 1.05%.
- Peak annual rise in Net Margin reached 6268 bps in 2022, while the deepest fall reached 595 bps in 2022.
- Tracing Z's Net Margin over 4 years: stood at 0.41% in 2022, then slumped 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.
- Per Business Quant, the three latest Z Net Margin figures stand at 6.5% (Q1 2026), 0.46% (Q4 2025), and 1.48% (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Alphabet | 4,554.43 Bn | 4,338.81 Bn | 102.29 Bn | 56.94% |
| 2 | Meta Platforms | 1,602.78 Bn | 1,521.60 Bn | 46.09 Bn | 47.54% |
| 3 | Spotify Technology | 119.86 Bn | 109.62 Bn | 1.75 Bn | 15.91% |
| 4 | 33.71 Bn | 30.94 Bn | 511.94 Mn | 30.75% | |
| 5 | Nebius | 22.38 Bn | 22.38 Bn | 295.20 Mn | 155.44% |
| 6 | 12.76 Bn | 11.46 Bn | 768.96 Mn | -7.30% | |
| 7 | Kanzhun | 12.59 Bn | 10.49 Bn | 255.62 Bn | 55.91% |
| 8 | Snap | 9.64 Bn | 6.81 Bn | 1.29 Bn | -5.82% |
| 9 | Match | 8.43 Bn | 7.41 Bn | 653.28 Mn | 19.31% |
| 10 | Zillow | 8.25 Bn | 7.47 Bn | 519.00 Mn | 6.50% |
Historic Data
Download Data| Date | Value |
|---|---|
| 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% |
| Mar 31, 2020 | -14.51% |
| Dec 31, 2019 | -10.72% |
| Sep 30, 2019 | -8.68% |
| Jun 30, 2019 | -12.00% |
| Mar 31, 2019 | -14.87% |
| Dec 31, 2018 | -26.73% |
| Sep 30, 2018 | -0.14% |
| Jun 30, 2018 | -0.95% |
| Mar 31, 2018 | -6.20% |
| Dec 31, 2017 | -27.33% |
| Sep 30, 2017 | 3.27% |
| Jun 30, 2017 | -8.19% |
| Mar 31, 2017 | -1.87% |
| Dec 31, 2016 | -8.41% |
| Sep 30, 2016 | 3.03% |
| Jun 30, 2016 | -74.93% |
| Mar 31, 2016 | -279.68% |
| Dec 31, 2015 | -10.85% |
| Sep 30, 2015 | -110.74% |
| Jun 30, 2015 | -26.62% |
| Mar 31, 2015 | -45.87% |
| Dec 31, 2014 | 8.36% |
| Sep 30, 2014 | -21.98% |
| Jun 30, 2014 | -67.01% |
| Mar 31, 2014 | -9.78% |