Zillow Group, Inc. (ZG) Research & Development (2014 - 2026)

Zillow has disclosed Research & Development across 13 years of filings, most recently posting $150.0 million for Q1 2026.

• In Q1 2026, Research & Development rose 0.67% year-over-year to $150.0 million; the TTM figure through Mar 2026 stood at $608.0 million (up 3.58% YoY), while the FY2025 annual figure was $607.0 million, up 3.76% from the prior year.
• Research & Development retreated to $150.0 million in Q1 2026, from $154.0 million in the prior quarter.
• Over the last five years, Research & Development for ZG reached as high as $154.0 million in Q4 2025 and fell as low as $108.0 million in Q1 2022.
• The 5-year median for Research & Development is $144.0 million (2024), against an average of $141.2 million.
• The widest YoY moves for Research & Development: up 40.59% in 2022, down 10.0% in 2022.
• A 5-year view of Research & Development shows it stood at $129.0 million in 2022, then rose by 9.3% to $141.0 million in 2023, then climbed by 5.67% to $149.0 million in 2024, then grew by 3.36% to $154.0 million in 2025, then decreased by 2.6% to $150.0 million in 2026.
• According to Business Quant data, Research & Development over the past three periods registered $150.0 million, $154.0 million, and $151.0 million for Q1 2026, Q4 2025, and Q3 2025 respectively.