Zillow Group, Inc. (Z) Operating Leases (2019 - 2026)

Zillow has disclosed Operating Leases across 8 years of filings, most recently posting $80.0 million for Q1 2026.

• In Q1 2026, Operating Leases changed 0.0% year-over-year to $80.0 million; the TTM figure through Mar 2026 stood at $80.0 million (changed 0.0% YoY), while the FY2025 annual figure was $79.0 million, down 4.82% from the prior year.
• Operating Leases advanced to $80.0 million in Q1 2026, from $79.0 million in the prior quarter.
• Over the last five years, Operating Leases for Z reached as high as $156.0 million in Q1 2022 and fell as low as $79.0 million in Q4 2025.
• The 5-year median for Operating Leases is $92.0 million (2024), against an average of $106.8 million.
• Annual changes were most pronounced in 2023 — Operating Leases sank 31.65% — and 2026, when it changed 0.0%.
• A 5-year view of Operating Leases shows it stood at $139.0 million in 2022, then plunged by 31.65% to $95.0 million in 2023, then fell by 12.63% to $83.0 million in 2024, then slipped by 4.82% to $79.0 million in 2025, then gained by 1.27% to $80.0 million in 2026.
• According to Business Quant data, Operating Leases over the past three periods registered $80.0 million, $79.0 million, and $82.0 million for Q1 2026, Q4 2025, and Q3 2025 respectively.