The Tip Desk

ZILLOW GROUP, INC.

Company Stats

Market Cap
$6.1B
as of Sep 30, 2026
Shares Outstanding
224.9M
Free Float
48.7%

Income Statement

Revenue
$2.6B
Operating Income
-$34.0M
Net Income
$23.0M
EBITDA
$230.0M
Revenue Growth, 3Y
9.7%
FCF Margin, 3Y Avg
11.0%
FCF Margin, Worst Year
9.1%

Cash Flow

Free Cash Flow
$235.0M
FCF Yield
3.8%
Owner FCF Yield
-2.5%

Balance Sheet

Cash & Equivalents
$768.0M

Returns & Capital

Share Repurchases
$670.0M
Buyback Yield, 3Y Avg
7.6%
SBC, 3Y Avg
$429.7M

Cash Flow by Year

YearRevenueFCFMargin
FY2025$2.6B$235.0M9.1%
FY2024$2.2B$285.0M12.7%
FY2023$1.9B$219.0M11.3%
FY2022$2.0B$4.4B224.2%
FY2021$2.1B-$3.3B-152.5%

Annual filing data through FY ended December 31, 2025; shares and float as of October 13, 2026. Yields and enterprise value use the calculated market cap above, at its as-of date. Ratios are our calculations from reported figures.

Earnings

Other Coverage