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Zillow Group, Inc. (Z) Profit Margins

Over the twelve months to 2026-06-30, Zillow Group, Inc. (Z) had gross margin 72.9%, operating margin 0.4%, net margin 2.0%, free cash flow margin 9.2%, according to EquiReason's reading of its SEC filings.

Source: SEC EDGAR filings · figures as of 2026-06-30 · read by EquiReason

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Internet Content & Information · Communication Services
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Market cap
7.4B
P/E TTM
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Dividend yield
—
52-week
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Next earnings
4 Nov, in 11 days
LineFY2015
Dec 15
FY2016
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FY2017
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FY2018
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FY2019
Dec 19
FY2020
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FY2021
Dec 21
FY2022
Dec 22
FY2023
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FY2024
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FY2025
Dec 25
TTM
Jun 26
Trend
Gross margin90.7%91.8%92.1%88.5%43.7%84.3%84.8%81.3%78.4%76.4%74.1%72.9%
Operating margin-23.2%-22.8%-15.0%-9.7%-9.0%6.7%11.2%-4.7%-13.9%-8.8%-1.3%0.4%
Net margin-23.1%-26.0%-8.8%-9.0%-11.1%-10.0%-24.8%-5.2%-8.1%-5.0%0.9%2.0%
FCF margin-4.7%-6.3%17.8%-4.7%-24.8%20.8%-152.5%224.2%11.3%12.7%9.1%9.2%

USD billions · SEC XBRL

Zillow Group, Inc. — questions

What is Zillow Group, Inc.'s gross margin?
72.9% over the twelve months to 2026-06-30.
What is Zillow Group, Inc.'s operating margin?
0.4% over the twelve months to 2026-06-30.
What is Zillow Group, Inc.'s net profit margin?
2.0% over the twelve months to 2026-06-30.

Every figure on this page comes from Zillow Group, Inc.'s own SEC filings — see them on SEC EDGAR. Price data is licensed and shown only inside the product.

How these figures are read: methodology · EquiReason.