Zillow (Z) Operating Leases (2019 - 2026)

Zillow (Z) has reported Operating Leases for 8 consecutive years, with $77.0 million the latest figure, recorded in Q2 2026.

• On a quarterly basis, Operating Leases fell 10.47% year-over-year to $77.0 million in Q2 2026; TTM through Jun 2026 was $77.0 million, a 10.47% decrease from a year earlier, with the FY2025 full-year figure at $79.0 million, down 4.82% from the prior year.
• Operating Leases was $77.0 million for Q2 2026 at Zillow, down from $80.0 million in the prior quarter.
• Over five years, Operating Leases peaked at $156.0 million in Q1 2022 and troughed at $77.0 million in Q2 2026.
• A 5-year average of $105.2 million and a median of $90.5 million in 2024 frame the typical range for Operating Leases.
• Across the five-year window, Operating Leases plunged 31.65% in 2023 and changed 0.0% in 2026, its largest moves.
• Over 5 years, Operating Leases stood at $139.0 million in 2022, then tumbled by 31.65% to $95.0 million in 2023, then declined by 12.63% to $83.0 million in 2024, then decreased by 4.82% to $79.0 million in 2025, then retreated by 2.53% to $77.0 million in 2026.
• The last three Operating Leases figures came in at $77.0 million (Q2 2026), $80.0 million (Q1 2026), and $79.0 million (Q4 2025), per Business Quant data.