Revenue segments as reported by the company.

Homes

Residential

Rentals

Other

Mortgages

Revenue Segments

Gross Profit, Operating Income, and Net Income as a percentage of Revenue

Gross Margin

Operating Margin

Profit Margin

Margins

An operating expense is an expense a business incurs through its normal business operations. Often abbreviated as OPEX.

Technology & Development

Impairment costs

Acquisition-related costs

Integration costs

Restructuring costs

Impairment and restructuring costs

Operating Expenses

Year over year growth in Revenue and Operating Expenses.

Revenue Y/Y

OpEx Y/Y

Growth

Shares outstanding refer to a company's stock currently held by all its shareholders, including share blocks held by institutional investors and restricted shares owned by the company's officers and insiders.

Outstanding Shares

Market Cap

Also known as Price/Sales Ratio. Calculated using Average market cap for the quarter / Annualized quarterly revenue.

Revenue Multiple

Zillow

Zillow Group, Inc. engages in the provision of real estate and home-related information marketplaces on mobile and the web. It operates through the following segments: Internet, Media & Technology (IMT), Homes and Mortgages segment. The IMT segment includes premier agent, rentals and new construction marketplaces, as well as dotloop, display and other advertising and business software solutions. The Homes segment includes Zillow Group's buying and selling of homes directly. The Mortgages segment includes advertising sold to mortgage lenders and other mortgage professionals, mortgage originations through MLOA and the sale of mortgages on the secondary market, as well as Mortech mortgage software solutions. The company was founded by Richard N. Barton and Lloyd D. Frink in December 2004 and is headquartered in Seattle, WA.

Earnings data Q1 2021

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

Zillow exits iBuying, reports strong Q4 earnings, eyes growth pillars

Zillow Group's strategic shift towards increasing customer transaction share and building a housing super app reflects a commitment to innovation and growth in a challenging market environment.
Despite short-term challenges and market uncertainties, Zillow's strong financial performance in Q4 and strategic outlook for Q1 position the company for long-term success and market leadership.
By focusing on customer-centric strategies, product innovations, and revenue diversification, Zillow aims to drive share growth, enhance customer experience, and solidify its position in the real estate market.

Zillow beats Q1 expectations, eyes growth in AI and loans

Zillow Group's Q1 performance exceeded expectations, with strong revenue and EBITDA figures.
The company's focus on AI, real-time touring, and Zillow Home Loans presents growth opportunities.
Challenges include market forecast declines and the need to enhance lead conversion strategies.
Opportunities lie in leveraging Premier Agents, real-time touring, and improving the digital mortgage experience.

Zillow surpasses Q2 revenue expectations, eyes AI and market expansion

Zillow's Q2 2023 earnings call highlighted robust financial performance, strategic investments in technology, and market share gains across key segments. The company's focus on innovation, partnerships, and operational efficiencies positions it well to navigate challenges and capitalize on growth opportunities in the real estate industry.

Zillow reports robust Q3 revenue growth amidst industry challenges

Zillow's Q3 performance showcased revenue growth and strategic acquisitions, underscoring its resilience in the face of industry challenges.
Despite facing lawsuits and market uncertainties, Zillow's strong position, unique assets, and growth strategies position it well for future opportunities.
Challenges in commission transparency, mortgage rates, and financial optimization require careful management, but Zillow's proactive stance and market strengths offer avenues for growth.
Opportunities in market transitions, service enhancements, product expansion, and Rentals business growth provide avenues for Zillow to capitalize on evolving real estate dynamics.

Zillow reports strong Q4 earnings, eyes double-digit growth in 2024

Zillow's Q4 performance reflects revenue growth, operational strengths, and strategic positioning for future expansion.
While facing challenges in integration and cost management, Zillow is poised for double-digit growth in 2024 with a focus on key opportunities.
The company's emphasis on real-time touring, rental growth, and product integration underscores its commitment to innovation and market leadership.

Zillow exceeds Q1 expectations, eyes double-digit growth and tech innovation

Zillow's Q1 performance reflects strong revenue growth, operational efficiency, and a positive outlook for 2024, driven by strategic initiatives and market focus.
The company's strengths lie in consumer-centric solutions, Rentals business growth, and innovative technologies enhancing customer engagement and sales.
Challenges include market dynamics impacting first-time homebuyers, the need for continued innovation, and effective management of rental properties.
Opportunities for Zillow include growth pillars like Rentals and Listing Showcase, market expansion, and leveraging technology for enhanced customer experiences.

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Zillow Group, Inc. engages in the provision of real estate and home-related information marketplaces on mobile and the web. The company was founded by Richard N. Barton and Lloyd D. Frink in December 2004 and is headquartered in Seattle, WA.

Shares of Zillow have suffered a precipitous ~50% decline year to date, with losses intensifying after the company reported disappointing Q2 results. While core IMT revenues are declining due to softening real estate transactions, Zillow is still growing traffic.

Zillow: Ignore Short-Term Bearishness

The typical home was worth $357,107 in July.

US home values fall for first time in decade: Zillow

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Opendoor

The key to not living in regret is taking advantage of the market while it's down.

3 Real Estate Moves You'll Regret Not Making in a Bear Market

Company adding features to help renters act more quickly and with more confidence in today's fast-paced market SEATTLE , Aug. 22, 2022 /PRNewswire/ -- Renters can now search Zillow rental listings by move-in date, potentially saving them thousands of dollars in today's ultracompetitive market. This new filter, available now on desktop and coming soon to the Zillow app, can better align the end of a lease with the start of a new one, eliminating the dreaded "double rent" scenario just as typical U.S. rents have crossed the $2,000 threshold  for the first time.

Renters can save thousands using Zillow's new search tool to better time their move

The company delivers another indication that the American housing market might be running out of steam.

Why Zillow Group Plummeted by Nearly 15% This Week

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While no guarantees of a housing market crash exist, investors may need to start considering sector-related stocks to sell. Primarily, it's no longer amateur doom-and-gloom luminaries broadcasting bearishness.

7 Stocks to Sell Before the 2022 Housing Market Crash

Competition is easing as inventory accumulates, leading the market back toward 'normal' U.S. home values fell 0.1% from June to July, the first decline in the raw Zillow Home Value Index since 2012. Home values fell last month in 30 of the 50 largest metro areas, but are still up 16% from a year ago.

Buyers gaining time and options as housing market rebalances

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Microsoft

One of the most interesting 13F updates to be published this week comes from Tiger Global. For readers who don't keep an eye on the hedge fund world, this firm has been one of the biggest winners of the decade-long technology revolution that has played out over the past 10 years.

Tiger Global Slashes Tech Holdings After Huge Losses

Inventory, sales and price-cut trends reveal how home buyers and sellers are adjusting to changing market conditions Competition for the lowest-priced homes in each market is now stronger than mid- and high-priced homes, reversing a pandemic trend.  Monthly payments on a typical mortgage are 60% higher than they were a year ago, likely contributing to buyers gravitating toward less expensive homes.

Lowest-priced homes attracting strongest competition as market rebalances

Zillow's embattled iBuying segment is almost a memory, at least according to its second-quarter financial report.

This Growth Stock Is Entering a New Chapter, and It's a Buy Right Now

Opendoor Technologies (NASDAQ: OPEN ) stock has been on the move, up more than 5% so far this week. The company, which offers a digital marketplace for real estate and buys homes, agreed to a settlement with the Federal Trade Commission (or FTC) concerning allegations about Opendoor's sales practices.

Opendoor Technologies Looks a Lot Better Following This Zillow Partnership

SEATTLE , Aug. 11, 2022 /PRNewswire/ -- Registration is now open for Zillow's second annual HBCU Housing Hackathon for students attending Historically Black Colleges and Universities (HBCUs). The program, in collaboration with United Negro College Fund (UNCF) and Amplify 4 Good , helps HBCU students develop critical tech and business skills as they compete for nearly $90,000 in cash and prizes, while also gaining the opportunity to interview for paid internships.

Zillow and UNCF open registration for HBCU Hackathon

After failing at iBuying on its own, it's giving the model a second chance as it partners with Opendoor.

Could This Real Estate Partnership Save Zillow?

Zillow is the most popular online real estate portal in the USA. The company owns Trulia, StreetEasy and HotPads. Zillow announced better than expected results for the second quarter of 2022, but still has a long way to go.

Zillow: Butchered, Bloody But Undervalued

The next generation of Zillow surfing uses an AI-generated floor plan to bring together listing photos and 3D tours for a more authentic and seamless virtual home-shopping experience SEATTLE , Aug. 8, 2022 /PRNewswire/ -- Zillow® surfing 2.0 is nationwide, starting today. Home shoppers across the U.S. can now get a deeper sense of a home than ever before without stepping foot inside using Zillow's free, AI-generated floor plan tool, saving valuable time and headaches during the search for their next home.

Zillow's AI-powered interactive home tours are now available nationwide

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With recent indicators suggesting that the U.S. is in the middle of a downturn, interest regarding stocks to avoid in a recession has naturally picked up. Though contrarianism is an exciting concept, in many cases, it's better not to fight the tape.

7 Stocks to Avoid in a Recession

Investors weren't happy with Zillow's guidance for the third quarter.

Why Zillow Stock Slid Today

Shares of Opendoor Technologies (NASDAQ: OPEN ) are flying higher on the day, with OPEN stock up 20%. The move comes after the company issued its second-quarter results and a new multi-year deal with its rival, Zillow (NYSE: Z ).

Opendoor (OPEN) Stock Soars on Zillow Deal

Wedbush analyst Jay McCanless downgraded Zillow Group Inc.'s stock ZG, -4.85% Z, -4.70% to neutral from outperform Friday, in the wake of the real-estate company's latest earnings report that brought a lower third-quarter outlook than expected and showed the pains the company is experiencing from its exit of the iBuying business. "While we are favorable on ZG's net cash balance sheet and the long term partnership with OPEN announced yesterday (8/4), we cannot avoid the fact that both of ZG's primary business lines, IMT [internet, media, and technology] and mortgage, and ancillary lines like closing and title are facing softer trends in the near term," McCanless said in his note to clients.

Zillow stock gets a downgrade at Wedbush amid 'softer trends' throughout the business

Innovative Industrial Properties

With great growth comes great volatility.

Got an Extra $135 per Month? Start Buying These 2 Growth Stocks

Zillow Group, Inc. (NASDAQ:Z ) Q2 2022 Earnings Conference Call August 4, 2022 5:00 PM ET Company Participants Brad Berning - Vice President of Investor Relations Rich Barton - Co-Founder & Chief Executive Officer Allen Parker - Chief Financial Officer Conference Call Participants Ryan McKeveny - Zelman John Colantuoni - Jefferies Jay McCanless - Wedbush Operator Good afternoon. My name is Sam and I will be your conference operator today.

Zillow Group, Inc. (Z) CEO Rich Barton on Q2 2022 Results - Earnings Call Transcript

Zillow says it will team up with Opendoor to help fight the impending downturn of the real-estate market.

Zillow Reopens the Door to iBuying

The real estate company reported $1 billion in revenue for the quarter, a 23% drop from the same quarter last year.

Zillow Sees Housing Slowdown Hitting Revenue

Zillow Group still wants to help people quickly sell their home.

After ditching home-buying business, Zillow Group partners with rival Opendoor

Zillow Group expects revenue from its core Premier Agent business unit to decrease more than 20% year-over-year in the third quarter due to housing trends.

News for Zillow Stock (Z)