Zillow (ZG) Operating Income (2014 - 2026)

Zillow (ZG) reported Operating Income of $36.0 million for Q1 2026, up 500.0% year-over-year from $6.0 million in Q1 2025, and up 427.27% quarter-over-quarter from -$11.0 million in Q4 2025.

Zillow (ZG) Operating Income (2014 - 2026) Analysis & Trends

Zillow (ZG) has 13 years of Operating Income data on file, last reported at $36.0 million in Q1 2026.

  • Operating Income for Q1 2026 came in at $36.0 million, up 500.0% year-over-year; the trailing twelve-month figure through Mar 2026 was $11.0 million (up 106.83% YoY), and the FY2025 annual result was -$34.0 million, up 82.74% from the prior year.
  • Operating Income grew to $36.0 million in Q1 2026 per ZG's latest filing, from -$11.0 million in the prior quarter.
  • Over five years, Operating Income peaked at $36.0 million in Q1 2022 and troughed at -$105.0 million in Q4 2023.
  • A 5-year average of -$32.8 million and a median of -$45.0 million in 2023 frame the typical range for Operating Income.
  • The sharpest annual moves came in 2023 and 2026: Operating Income sank 1440.0% in 2023, then surged 500.0% in 2026.
  • A 5-year view of Operating Income shows it stood at -$83.0 million in 2022, then fell by 26.51% to -$105.0 million in 2023, then surged by 34.29% to -$69.0 million in 2024, then jumped by 84.06% to -$11.0 million in 2025, then surged by 427.27% to $36.0 million in 2026.
  • Business Quant data shows ZG's Operating Income at $36.0 million in Q1 2026, -$11.0 million in Q4 2025, and -$3.0 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Op. Inc (Qtr)
1 Nebius 1,913,603.98 Bn 1,913,603.98 Bn 295.20 Mn -128.00 Mn
2 Alphabet 4,425.33 Bn 4,209.71 Bn 102.29 Bn 39.70 Bn
3 Meta Platforms 1,502.66 Bn 1,421.48 Bn 46.09 Bn 22.87 Bn
4 Spotify Technology 119.69 Bn 109.44 Bn 1.75 Bn 837.08 Mn
5 Reddit 33.22 Bn 30.45 Bn 511.94 Mn 182.91 Mn
6 Pinterest 13.64 Bn 12.34 Bn 768.96 Mn -80.29 Mn
7 Kanzhun 13.02 Bn 10.92 Bn 255.62 Bn 90.41 Bn
8 Snap 9.72 Bn 6.90 Bn 1.29 Bn -74.45 Mn
9 Zillow 8.26 Bn 7.48 Bn 519.00 Mn 36.00 Mn
10 Zillow - - 519.00 Mn 36.00 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 36.00 Mn
Dec 31, 2025 -11.00 Mn
Sep 30, 2025 -3.00 Mn
Jun 30, 2025 -11.00 Mn
Mar 31, 2025 -9.00 Mn
Dec 31, 2024 -69.00 Mn
Sep 30, 2024 -45.00 Mn
Jun 30, 2024 -38.00 Mn
Mar 31, 2024 -45.00 Mn
Dec 31, 2023 -105.00 Mn
Sep 30, 2023 -53.00 Mn
Jun 30, 2023 -67.00 Mn
Mar 31, 2023 -45.00 Mn
Dec 31, 2022 -83.00 Mn
Sep 30, 2022 -51.00 Mn
Jun 30, 2022 5.00 Mn
Mar 31, 2022 36.00 Mn
Dec 31, 2021 32.00 Mn
Sep 30, 2021 55.00 Mn
Jun 30, 2021 62.00 Mn