Growth Metrics

Zillow (Z) Shares Outstanding (Diluted Average) (2017 - 2025)

Zillow (Z) has disclosed Shares Outstanding (Diluted Average) for 9 consecutive years, with $254.1 million as the latest value for Q4 2025.

  • Quarterly Shares Outstanding (Diluted Average) rose 8.56% to $254.1 million in Q4 2025 from the year-ago period, while the trailing twelve-month figure was $254.1 million through Dec 2025, up 8.56% year-over-year, with the annual reading at $254.1 million for FY2025, 8.56% up from the prior year.
  • Shares Outstanding (Diluted Average) for Q4 2025 was $254.1 million at Zillow, roughly flat from $254.7 million in the prior quarter.
  • The five-year high for Shares Outstanding (Diluted Average) was $265.9 million in Q1 2022, with the low at $232.5 million in Q3 2024.
  • Average Shares Outstanding (Diluted Average) over 5 years is $246.4 million, with a median of $243.7 million recorded in 2022.
  • The sharpest move saw Shares Outstanding (Diluted Average) increased 23.1% in 2021, then decreased 11.85% in 2023.
  • Over 5 years, Shares Outstanding (Diluted Average) stood at $261.8 million in 2021, then dropped by 7.51% to $242.2 million in 2022, then fell by 3.55% to $233.6 million in 2023, then increased by 0.21% to $234.1 million in 2024, then rose by 8.56% to $254.1 million in 2025.
  • According to Business Quant data, Shares Outstanding (Diluted Average) over the past three periods came in at $254.1 million, $254.7 million, and $253.9 million for Q4 2025, Q3 2025, and Q2 2025 respectively.