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

Revenue by Product and Service

2026-01-01 to 2026-06-30

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ZILLOW GROUP, INC. (ZG) FY2026 YTD Q2 P&L / Income StatementIncome statement for 2026-01-01 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)$19.00 MIncome (loss) before income taxesIncome (loss)before income taxes$45.00 MIncome (loss) from operationsIncome (loss)from operations$26.00 MTotal revenueTotal revenue$1.48 BGross profitGross profit$1.08 BNet income (loss)Net income (loss)$42.00 MOperating expenses (calculated)Operating expenses(calculated)$1.06 BIncome tax expenseIncome tax expense$3.00 MResidentialResidential$915.00 MSales and marketingSales and marketing$459.00 MTechnology and developmentTechnology and development$306.00 MRentalsRentals$392.00 MCost of revenueCost of revenue$399.00 MGeneral and administrativeGeneral and administrative$254.00 MMortgagesMortgages$148.00 MRestructuring costsRestructuring costs$36.00 MOtherOther$25.00 M
Chart details

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

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

Total revenue
1,480,000,000 US dollars
Cost of revenue
399,000,000 US dollars
Gross profit
1,081,000,000 US dollars
Operating expenses (calculated)
1,055,000,000 US dollars
Income (loss) from operations
26,000,000 US dollars
Other income (expense), net (calculated)
19,000,000 US dollars
Income (loss) before income taxes
45,000,000 US dollars
Income tax expense
3,000,000 US dollars
Net income (loss)
42,000,000 US dollars
Rentals
392,000,000 US dollars
Other
25,000,000 US dollars
Residential
915,000,000 US dollars
Mortgages
148,000,000 US dollars
Sales and marketing
459,000,000 US dollars
Technology and development
306,000,000 US dollars
General and administrative
254,000,000 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 YTD Q2 P&L / Income Statement Sankey chart
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Gross margin

73.0%

Gross profit / revenue

Operating margin

1.8%

Operating profit / revenue

Cash conversion

502.4%

Operating cash / net income, same period

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