Zillow Group, Inc. (ZG) Net Margin (2014 - 2026)

Zillow (ZG) posted quarterly Net Margin of 6.5% for Q1 2026, up 516.0% YoY from 1.05% in Q1 2025, and up 1316.38% sequentially from 0.46% in Q4 2025.

Zillow Group, Inc. (ZG) Net Margin (2014 - 2026) Analysis & Trends

Zillow has disclosed Net Margin across 12 years of filings, most recently posting 6.5% for Q1 2026.

  • In Q1 2026, Net Margin rose 516.0% year-over-year to 6.5%; the TTM figure through Mar 2026 stood at 2.27% (up 578.0% YoY), while the FY2025 annual figure was 0.89%, changed N/A from the prior year.
  • Net Margin climbed to 6.5% in Q1 2026, from 0.46% in the prior quarter.
  • Over the last five years, Net Margin for ZG reached as high as 6.5% in Q1 2026 and fell as low as 9.39% in Q4 2024.
  • The 4-year median for Net Margin is 0.41% (2022), against an average of 1.05%.
  • The widest YoY moves for Net Margin: up 6268 bps in 2022, down 595 bps in 2022.
  • A 4-year view of Net Margin shows it stood at 0.41% in 2022, then slumped by 2167 bps to 9.39% in 2024, then jumped by 105 bps to 0.46% in 2025, then surged by 1316 bps to 6.5% in 2026.
  • According to Business Quant data, Net Margin over the past three periods registered 6.5%, 0.46%, and 1.48% for Q1 2026, Q4 2025, and Q3 2025 respectively.

Peer Comparison

Historic Data

Download Data
DateValue
Mar 31, 2026 6.50%
Dec 31, 2025 0.46%
Sep 30, 2025 1.48%
Jun 30, 2025 0.31%
Mar 31, 2025 1.34%
Dec 31, 2024 -9.39%
Sep 30, 2024 -3.44%
Jun 30, 2024 -2.97%
Mar 31, 2024 -4.35%
Sep 30, 2022 -0.41%
Jun 30, 2022 -0.40%
Mar 31, 2022 -1.68%
Dec 31, 2021 -49.91%
Sep 30, 2021 -63.09%
Jun 30, 2021 0.76%
Mar 31, 2021 4.27%
Dec 31, 2020 -23.00%
Sep 30, 2020 6.03%
Jun 30, 2020 -10.99%
Mar 31, 2020 -14.51%