Zillow Group, Inc. (ZG) Operating Income (2014 - 2026)

Zillow has disclosed Operating Income across 13 years of filings, most recently posting $36.0 million for Q1 2026.

• In Q1 2026, Operating Income rose 500.0% year-over-year to $36.0 million; the TTM figure through Mar 2026 stood at $11.0 million (up 106.83% YoY), while the FY2025 annual figure was -$34.0 million, up 82.74% from the prior year.
• Operating Income climbed to $36.0 million in Q1 2026, from -$11.0 million in the prior quarter.
• Over the last five years, Operating Income for ZG reached as high as $36.0 million in Q1 2022 and fell as low as -$105.0 million in Q4 2023.
• The 5-year median for Operating Income is -$45.0 million (2023), against an average of -$32.8 million.
• Annual changes were most pronounced in 2023 — Operating Income tumbled 1440.0% — and 2026, when it surged 500.0%.
• 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.
• According to Business Quant data, Operating Income over the past three periods registered $36.0 million, -$11.0 million, and -$3.0 million for Q1 2026, Q4 2025, and Q3 2025 respectively.