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Zillow (ZG) Operating Expenses (2016 - 2025)

Historic Operating Expenses for Zillow (ZG) over the last 12 years, with Q4 2025 value amounting to $487.0 million.

  • Zillow's Operating Expenses fell 40.9% to $487.0 million in Q4 2025 from the same period last year, while for Dec 2025 it was $1.9 billion, marking a year-over-year increase of 225.6%. This contributed to the annual value of $1.9 billion for FY2025, which is 225.6% up from last year.
  • According to the latest figures from Q4 2025, Zillow's Operating Expenses is $487.0 million, which was down 40.9% from $494.0 million recorded in Q3 2025.
  • Zillow's Operating Expenses' 5-year high stood at $500.0 million during Q2 2025, with a 5-year trough of $402.0 million in Q2 2022.
  • Its 5-year average for Operating Expenses is $452.4 million, with a median of $457.5 million in 2023.
  • The largest annual percentage gain for Zillow's Operating Expenses in the last 5 years was 29980.79% (2021), contrasted with its biggest fall of 6701.63% (2021).
  • Quarter analysis of 5 years shows Zillow's Operating Expenses stood at $408.0 million in 2021, then grew by 5.15% to $429.0 million in 2022, then increased by 8.16% to $464.0 million in 2023, then rose by 5.39% to $489.0 million in 2024, then dropped by 0.41% to $487.0 million in 2025.
  • Its last three reported values are $487.0 million in Q4 2025, $494.0 million for Q3 2025, and $500.0 million during Q2 2025.