Zillow (Z) Operating Leases (2019 - 2026)
Zillow (Z) reported Operating Leases of $77 million for Q2 2026, down 10.5% from $86 million a year earlier and down 3.8% from the prior quarter.
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Analysis
Zillow (Z) Operating Leases (2019 - 2026) Analysis & Trends
At the end of FY2025, Zillow posted Operating Leases of $79 million, down 4.8% from FY2024.
- Operating Leases has declined for six consecutive years, with a five-year compound annual growth rate of -17.6% (FY2020 to FY2025).
- By year, Operating Leases came in at $83 million in FY2024 (-12.6%), $95 million in FY2023 (-31.7%), $139 million in FY2022 (-6.1%) and $148 million in FY2021 (-28.8%).
- The Q2 2026 figure ranks as the lowest quarterly Operating Leases in data going back to Q1 2019.
- Over the past five years, the year-over-year decline in Operating Leases ranged from 0.0% (Q1 2026) to 31.7% (Q4 2023).
- Per Business Quant data, the three quarters before Q2 2026 came in at $80 million (Q1 2026), $79 million (Q4 2025) and $82 million (Q3 2025).
Peer Set
Peer Comparison
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 77.00 Mn |
| Mar 31, 2026 | 80.00 Mn |
| Dec 31, 2025 | 79.00 Mn |
| Sep 30, 2025 | 82.00 Mn |
| Jun 30, 2025 | 86.00 Mn |
| Mar 31, 2025 | 80.00 Mn |
| Dec 31, 2024 | 83.00 Mn |
| Sep 30, 2024 | 86.00 Mn |
| Jun 30, 2024 | 89.00 Mn |
| Mar 31, 2024 | 92.00 Mn |
| Dec 31, 2023 | 95.00 Mn |
| Sep 30, 2023 | 119.00 Mn |
| Jun 30, 2023 | 126.00 Mn |
| Mar 31, 2023 | 133.00 Mn |
| Dec 31, 2022 | 139.00 Mn |
| Sep 30, 2022 | 141.00 Mn |
| Jun 30, 2022 | 150.00 Mn |
| Mar 31, 2022 | 156.00 Mn |
| Dec 31, 2021 | 148.00 Mn |
| Sep 30, 2021 | 174.43 Mn |
API Access
Zillow Operating Leases API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=operating-leases&ticker=Z&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-leases", "ticker": "Z", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=operating-leases&ticker=Z&period=max&api_key=YOUR_API_KEY");
const data = await res.json();