ZILLOW GROUP, INC. (ZG) FY2026 Q2 P&L / Income Statement

Revenue by Product and Service

2026-04-01 to 2026-06-30

Swipe to see the full flow
ZILLOW GROUP, INC. (ZG) FY2026 Q2 P&L / Income StatementIncome statement for 2026-04-01 through 2026-06-30. View: Product and service. Revenue uses this breakdown; costs and expenses retain the consolidated categories.SOURCESREVENUEGROSSOPERATINGPRE-TAXNETResidentialRentalsMortgagesOtherTotal revenueGross profitCost of revenueIncome (loss) from operationsOperating expenses (calculated)Sales and marketingTechnology and developmentGeneral and administrativeRestructuring costsOther income (expense), net (calculated)Income (loss) before income taxesNet income (loss)Income tax expenseOther income (expense), net (calculated)Other income,net (calculated)$7.00 MIncome (loss) from operationsIncome (loss)from operations−$10.00 MIncome (loss) before income taxesIncome (loss)before income taxes−$3.00 MTotal revenueTotal revenue$772.00 MGross profitGross profit$562.00 MNet income (loss)Net income (loss)−$4.00 MOperating expenses (calculated)Operating expenses(calculated)$572.00 MResidentialResidential$465.00 MIncome tax expenseIncome tax expense$1.00 MSales and marketingSales and marketing$249.00 MTechnology and developmentTechnology and development$156.00 MRentalsRentals$209.00 MCost of revenueCost of revenue$210.00 MGeneral and administrativeGeneral and administrative$131.00 MMortgagesMortgages$84.00 MRestructuring costsRestructuring costs$36.00 MOtherOther$14.00 M
Chart details

ZILLOW GROUP, INC. (ZG) FY2026 Q2 P&L / Income Statement

Income statement for 2026-04-01 through 2026-06-30. View: Product and service. Revenue uses this breakdown; costs and expenses retain the consolidated categories.

Total revenue
772,000,000 US dollars
Cost of revenue
210,000,000 US dollars
Gross profit
562,000,000 US dollars
Operating expenses (calculated)
572,000,000 US dollars
Income (loss) from operations
negative 10,000,000 US dollars
Other income (expense), net (calculated)
7,000,000 US dollars
Income (loss) before income taxes
negative 3,000,000 US dollars
Income tax expense
1,000,000 US dollars
Net income (loss)
negative 4,000,000 US dollars
Rentals
209,000,000 US dollars
Other
14,000,000 US dollars
Residential
465,000,000 US dollars
Mortgages
84,000,000 US dollars
Sales and marketing
249,000,000 US dollars
Technology and development
156,000,000 US dollars
General and administrative
131,000,000 US dollars
Restructuring costs
36,000,000 US dollars

Chart connections

  • Revenue less cost of revenue equals gross profit; gross profit less operating expenses equals operating income.
  • Operating income plus other income or expense equals income before tax. Income before tax less income tax expense or benefit equals net income.
ZILLOW GROUP, INC. (ZG) FY2026 Q2 P&L / Income Statement Sankey chart
Free to share unchanged, with credit to Plicit.ai · CC BY-NC-ND 4.0Download PNG

Gross margin

72.8%

Gross profit / revenue

Operating margin

−1.3%

Operating profit / revenue

Newsletter

Get the teardowns by email

Subscribe if you want the public-company teardowns in your inbox when they're released.

Product waitlist

Health Check and Teardown for your own company

A health check uncovers insights of your private books, not a public ticker. Join this list to get notified as soon as we go-live!