Zillow (ZG) EBITDA Margin (2014 - 2026)

Zillow (ZG) reported EBITDA Margin of 5.08% for Q1 2026, up 659.0% year-over-year from 0.67% in Q1 2025, and up 402.31% quarter-over-quarter from 1.68% in Q4 2025.

Zillow (ZG) EBITDA Margin (2014 - 2026) Analysis & Trends

Zillow (ZG) has 13 years of EBITDA Margin data on file, last reported at 5.08% in Q1 2026.

  • EBITDA Margin for Q1 2026 came in at 5.08%, up 659.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 0.41% (up 739.0% YoY), and the FY2025 annual result was 1.32%, up 749.0% from the prior year.
  • EBITDA Margin rose to 5.08% in Q1 2026 per ZG's latest filing, from 1.68% in the prior quarter.
  • Over five years, EBITDA Margin peaked at 6.72% in Q1 2022 and troughed at 22.15% in Q4 2023.
  • A 5-year average of 6.66% and a median of 7.75% in 2024 frame the typical range for EBITDA Margin.
  • The sharpest annual moves came in 2022 and 2025: EBITDA Margin tumbled 2506 bps in 2022, then surged 1077 bps in 2025.
  • A 5-year view of EBITDA Margin shows it stood at 19.08% in 2022, then fell by 16 bps to 22.15% in 2023, then jumped by 44 bps to 12.45% in 2024, then soared by 86 bps to 1.68% in 2025, then soared by 402 bps to 5.08% in 2026.
  • Business Quant data shows ZG's EBITDA Margin at 5.08% in Q1 2026, 1.68% in Q4 2025, and 0.44% in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) EBITDA Margin (Qtr)
1 Nebius 1,913,603.98 Bn 1,913,603.98 Bn 295.20 Mn -32.08%
2 Alphabet 4,425.33 Bn 4,209.71 Bn 102.29 Bn 36.12%
3 Meta Platforms 1,502.66 Bn 1,421.48 Bn 46.09 Bn 40.62%
4 Spotify Technology 119.69 Bn 109.44 Bn 1.75 Bn 15.77%
5 Reddit 33.22 Bn 30.45 Bn 511.94 Mn 27.57%
6 Pinterest 13.64 Bn 12.34 Bn 768.96 Mn -7.97%
7 Kanzhun 13.02 Bn 10.92 Bn 255.62 Bn 30.02%
8 Snap 9.72 Bn 6.90 Bn 1.29 Bn -4.87%
9 Zillow 8.26 Bn 7.48 Bn 519.00 Mn 5.08%
10 Zillow - - 519.00 Mn 5.08%

Historic Data

Download Data
DateValue
Mar 31, 2026 5.08%
Dec 31, 2025 -1.68%
Sep 30, 2025 -0.44%
Jun 30, 2025 -1.68%
Mar 31, 2025 -1.51%
Dec 31, 2024 -12.45%
Sep 30, 2024 -7.75%
Jun 30, 2024 -6.64%
Mar 31, 2024 -8.51%
Dec 31, 2023 -22.15%
Sep 30, 2023 -10.69%
Jun 30, 2023 -13.24%
Mar 31, 2023 -9.59%
Dec 31, 2022 -19.08%
Sep 30, 2022 -10.56%
Jun 30, 2022 0.99%
Mar 31, 2022 6.72%
Dec 31, 2021 5.98%
Sep 30, 2021 10.00%
Jun 30, 2021 4.73%