Zillow Group Inc. (Z) Financial Statements (2026 and earlier)
Company Profile
| Business Address |
1301 SECOND AVENUE, FLOOR 36 SEATTLE, WA 98101 |
| State of Incorp. | WA |
| Fiscal Year End | December 31 |
| Industry (SIC) | 7389 - Business Services, Not Elsewhere Classified (benchmarking) |
| More info | Complete Financial Analysis Financial Benchmarking |
Balance Sheet (Statement of Financial Position) ($ in millions)
| 6/30/2025 MRQ | 12/31/2024 | 12/31/2023 | 12/31/2022 | 12/31/2021 | 12/31/2020 | 12/31/2019 | |||
|---|---|---|---|---|---|---|---|---|---|
| ASSETS | |||||||||
| Current Assets | |||||||||
| Cash, cash equivalents, and short-term investments, including: | 1,858 | 2,813 | 3,364 | 3,427 | 3,997 | 2,512 | |||
| Cash and cash equivalent | 1,082 | 1,492 | 1,466 | 2,611 | 1,703 | 1,141 | |||
| Short-term investments | 776 | 1,318 | 1,896 | 514 | 2,218 | 1,281 | |||
| Other undisclosed cash, cash equivalents, and short-term investments | 3 | 2 | 302 | 76 | 90 | ||||
| Restricted cash and investments | 3 | 3 | 2 | 227 | 76 | 90 | |||
| Receivables | 104 | 96 | 72 | 155 | 70 | 67 | |||
| Other undisclosed current assets | 369 | 237 | 165 | 3,871 | 822 | 842 | |||
| Total current assets: | 2,334 | 3,149 | 3,603 | 7,680 | 4,965 | 3,510 | |||
| Noncurrent Assets | |||||||||
| Operating lease, right-of-use asset | 59 | 73 | 126 | 130 | 188 | ||||
| Property, plant and equipment | 360 | 328 | 271 | 215 | 196 | 170 | |||
| Intangible assets, net (including goodwill) | 3,030 | 3,058 | 2,528 | 2,554 | 2,080 | 2,175 | |||
| Goodwill | 2,823 | 2,817 | 2,374 | 2,374 | 1,985 | 1,985 | |||
| Intangible assets, net (excluding goodwill) | 207 | 241 | 154 | 180 | 95 | 191 | |||
| Other noncurrent assets | 21 | 21 | 12 | 7 | 7 | 18 | |||
| Other undisclosed noncurrent assets | 25 | 23 | 23 | 111 | 51 | 257 | |||
| Total noncurrent assets: | 3,495 | 3,503 | 2,960 | 3,015 | 2,522 | 2,622 | |||
| TOTAL ASSETS: | 5,829 | 6,652 | 6,563 | 10,695 | 7,487 | 6,132 | |||
| LIABILITIES AND EQUITY | |||||||||
| Liabilities | |||||||||
| Current Liabilities | |||||||||
| Accounts payable and accrued liabilities | 135 | 135 | 110 | 287 | 161 | 132 | |||
| Employee-related liabilities | ✕ | ✕ | ✕ | ✕ | 108 | 48 | 38 | ||
| Accounts payable | 30 | 28 | 20 | 17 | 19 | 8 | |||
| Accrued liabilities | 105 | 107 | 90 | 161 | 94 | 85 | |||
| Deferred revenue | 62 | 52 | 44 | 51 | 49 | ||||
| Debt | 563 | 700 | 37 | 3,520 | 670 | 732 | |||
| Business combination, contingent consideration, liability | 33 | 30 | |||||||
| Contract with customer, liability | ✕ | ✕ | ✕ | ✕ | ✕ | ✕ | 40 | ||
| Other undisclosed current liabilities | 38 | 54 | 79 | 24 | 28 | 18 | |||
| Total current liabilities: | 831 | 971 | 270 | 3,882 | 909 | 921 | |||
| Noncurrent Liabilities | |||||||||
| Long-term debt and lease obligation | 1,000 | 1,660 | 1,467 | 1,821 | 1,543 | ||||
| Long-term debt, excluding current maturities | 1,000 | 1,660 | 1,319 | 1,614 | 1,543 | ||||
| Liabilities, other than long-term debt | 150 | 155 | 151 | 5 | |||||
| Other liabilities | 67 | 60 | 12 | 5 | |||||
| Operating lease, liability | 83 | 95 | 139 | 148 | 208 | ||||
| Other undisclosed noncurrent liabilities | (193) | 233 | |||||||
| Total noncurrent liabilities: | 150 | 1,155 | 1,811 | 1,472 | 1,836 | 1,776 | |||
| Total liabilities: | 981 | 2,126 | 2,081 | 5,354 | 2,745 | 2,697 | |||
| Equity | |||||||||
| Equity, attributable to parent, including: | 4,848 | 4,526 | 4,482 | 5,341 | 4,742 | 3,435 | |||
| Additional paid in capital | 6,733 | 6,301 | 6,109 | 7,001 | 5,881 | 4,412 | |||
| Accumulated other comprehensive income (loss) | (3) | (5) | (15) | 7 | 0 | 0 | |||
| Accumulated deficit | (1,882) | (1,770) | (1,612) | (1,667) | (1,139) | (977) | |||
| Other undisclosed equity, attributable to parent | 0 | 0 | 0 | ||||||
| Total equity: | 4,848 | 4,526 | 4,482 | 5,341 | 4,742 | 3,435 | |||
| TOTAL LIABILITIES AND EQUITY: | 5,829 | 6,652 | 6,563 | 10,695 | 7,487 | 6,132 | |||
Income Statement (P&L) ($ in millions)
| 6/30/2025 TTM | 12/31/2024 | 12/31/2023 | 12/31/2022 | 12/31/2021 | 12/31/2020 | 12/31/2019 | ||
|---|---|---|---|---|---|---|---|---|
| Revenues | 2,236 | 1,945 | 1,958 | 8,147 | 3,340 | 2,743 | ||
| Cost of revenue | (527) | (421) | (367) | (6,394) | (1,756) | (1,432) | ||
| Gross profit: | 1,709 | 1,524 | 1,591 | 1,753 | 1,583 | 1,311 | ||
| Operating expenses | (1,900) | (1,775) | (1,660) | (2,009) | (1,548) | (1,558) | ||
| Other undisclosed operating loss | (6) | (19) | (24) | (72) | (77) | |||
| Operating loss: | (197) | (270) | (93) | (328) | (41) | (247) | ||
| Nonoperating income (Other Nonoperating income) | 127 | 151 | 43 | 10 | 26 | 40 | ||
| Interest and debt expense | (37) | (35) | (35) | (209) | (154) | (102) | ||
| Loss from continuing operations before income taxes: | (107) | (154) | (85) | (527) | (170) | (310) | ||
| Income tax expense (benefit) | (5) | (4) | (3) | (1) | 8 | 4 | ||
| Loss from continuing operations: | (112) | (158) | (88) | (528) | (162) | (305) | ||
| Loss before gain (loss) on sale of properties: | ✕ | ✕ | ✕ | ✕ | (528) | (162) | (305) | |
| Net loss: | (112) | (158) | (88) | (528) | (162) | (305) | ||
| Other undisclosed net loss attributable to parent | (13) | |||||||
| Net loss available to common stockholders, diluted: | (112) | (158) | (101) | (528) | (162) | (305) | ||
Comprehensive Income ($ in millions)
| 6/30/2025 TTM | 12/31/2024 | 12/31/2023 | 12/31/2022 | 12/31/2021 | 12/31/2020 | 12/31/2019 | ||
|---|---|---|---|---|---|---|---|---|
| Net loss: | (112) | (158) | (88) | (528) | (162) | (305) | ||
| Other comprehensive income (loss) | 2 | 10 | (22) | 7 | (0) | 1 | ||
| Comprehensive loss: | (110) | (148) | (110) | (521) | (162) | (304) | ||
| Other undisclosed comprehensive loss, net of tax, attributable to parent | (13) | |||||||
| Comprehensive loss, net of tax, attributable to parent: | (110) | (148) | (123) | (521) | (162) | (304) | ||
Statements Sources
The financial statements are based on the Company's filings with the U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.