Growth Metrics

Zillow (ZG) Operating Margin (2016 - 2025)

Historic Operating Margin for Zillow (ZG) over the last 12 years, with Q3 2025 value amounting to 0.44%.

  • Zillow's Operating Margin rose 73000.0% to 0.44% in Q3 2025 from the same period last year, while for Sep 2025 it was 3.71%, marking a year-over-year increase of 71000.0%. This contributed to the annual value of 8.81% for FY2024, which is 50700.0% up from last year.
  • Per Zillow's latest filing, its Operating Margin stood at 0.44% for Q3 2025, which was up 73000.0% from 1.68% recorded in Q2 2025.
  • Zillow's 5-year Operating Margin high stood at 10.0% for Q3 2021, and its period low was 22.15% during Q4 2023.
  • Over the past 5 years, Zillow's median Operating Margin value was 6.64% (recorded in 2024), while the average stood at 4.67%.
  • Per our database at Business Quant, Zillow's Operating Margin surged by 318500bps in 2021 and then plummeted by -250600bps in 2022.
  • Zillow's Operating Margin (Quarter) stood at 5.98% in 2021, then tumbled by -419bps to 19.08% in 2022, then dropped by -16bps to 22.15% in 2023, then soared by 44bps to 12.45% in 2024, then skyrocketed by 96bps to 0.44% in 2025.
  • Its Operating Margin was 0.44% in Q3 2025, compared to 1.68% in Q2 2025 and 1.51% in Q1 2025.