Growth Metrics

Zillow (ZG) Net Margin (2016 - 2026)

Zillow has reported Net Margin over the past 11 years, most recently at 0.46% for Q4 2025.

  • Quarterly Net Margin rose 984.0% to 0.46% in Q4 2025 from the year-ago period, while the trailing twelve-month figure was 0.89% through Dec 2025, up 590.0% year-over-year, with the annual reading at 0.89% for FY2025, N/A changed from the prior year.
  • Net Margin was 0.46% for Q4 2025 at Zillow, down from 1.48% in the prior quarter.
  • Over five years, Net Margin peaked at 4.27% in Q1 2021 and troughed at 63.09% in Q3 2021.
  • The 4-year median for Net Margin is 0.41% (2022), against an average of 8.47%.
  • Year-over-year, Net Margin plummeted -6912bps in 2021 and then skyrocketed 6268bps in 2022.
  • A 4-year view of Net Margin shows it stood at 49.91% in 2021, then soared by 99bps to 0.41% in 2022, then plummeted by -2167bps to 9.39% in 2024, then skyrocketed by 105bps to 0.46% in 2025.
  • Per Business Quant, the three most recent readings for ZG's Net Margin are 0.46% (Q4 2025), 1.48% (Q3 2025), and 0.31% (Q2 2025).