Pulling SEC filings + quote and writing the call…
Pulling SEC filings + quote and writing the call…

ZILLOW GROUP, INC.
Next earnings Aug 4, 2026 (after close) · consensus $0.46 EPS, $773M rev
Last earnings +2.2% on 2026-05-06
Dominant real-estate marketplace re-accelerating to 15.5% growth at a 74% gross margin, but still barely GAAP-profitable.
Sources: SEC EDGAR (CIK 0001617640, latest 10-Q filed 2026-05-06) · EODHD · analysis by claude-code · as of 6/21/2026, 8:52:52 PM.
Research and education only — not financial advice. Calls are generated from SEC filings and a delayed/third-party price feed, may be wrong or out of date, and are not a recommendation to buy or sell any security. Do your own research.
Middling fundamentals and a rich price (~90% above fair value) leave little margin of safety — a wait-and-see.
Zillow Group runs the leading U.S. residential real-estate marketplace, and FY2025 showed the model regaining momentum. Revenue grew 15.5% to $2.58B — its best growth in years after the 2022-23 housing-driven stall — on a software-like 74.1% gross margin. The company crossed into GAAP profitability with net income of $23.0M (from -$112M), though operating income was still slightly negative at -$34.0M (-1.3% margin), so the bottom-line profit is razor-thin and partly below-the-line. The trailing P/E of 361x is therefore not a meaningful valuation anchor.
The risks, catalysts, 12-month price target and the cited SEC figures behind this rating — with Pro.
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| Line item | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|
| Revenue | $2.13B | $1.96B | $1.95B | $2.24B | $2.58B |
| Gross profit | $1.81B | $1.59B | $1.52B | $1.71B | $1.92B |
| Operating income | $239M | -$93.0M | -$270M | -$197M | -$34.0M |
| Net income | -$528M | -$101M | -$158M | -$112M | $23.0M |
| Diluted EPS | -$2.02 | -$0.42 | -$0.68 | -$0.48 | $0.09 |
| Net margin | -24.8% | -5.2% | -8.1% | -5.0% | 0.9% |
Annual figures from SEC 10-K XBRL filings. Open the filing links below for full statement detail.
Computed from SEC XBRL annual figures + the current quote. EV and ROIC use long-term + current debt where filed; estimates, not investment advice.
Disclosed under the STOCK Act
Self-reported periodic transaction reports (STOCK Act). Amounts are disclosed ranges; a trade may be a spouse's. Disclosures lag the trade by up to ~45 days. Source: House Clerk + Senate eFD.
1482 tracked peers · median
Last 90 days: 0 open-market buys · 16 sales
| 2026-06-08 | BLACHFORD ERIK C Director | Sell | 791.00 @ $34.80 | $27.5K |
| 2026-05-22 | Wacksman Jeremy Chief Executive Officer | Sell | 9.07K @ $36.54 | $331K |
| 2026-05-18 | Spaulding Dan Chief People Officer | Sell | 3.08K @ $37.40 | $115K |
| 2026-05-18 | Hofmann Jeremy Chief Financial Officer | Sell | 5.50K @ $37.40 | $206K |
| 2026-05-14 | Spaulding Dan Chief People Officer | Sell | 1.91K @ $37.86 | $72.2K |
| 2026-05-14 | Spaulding Dan Chief People Officer | Sell | 150.00 @ $38.74 | $5.81K |
| 2026-05-14 | Hofmann Jeremy Chief Financial Officer | Sell | 3.37K @ $37.86 | $128K |
| 2026-05-14 | Hofmann Jeremy Chief Financial Officer | Sell | 300.00 @ $38.72 | $11.6K |
| 2026-05-14 | Wacksman Jeremy Chief Executive Officer | Sell | 5.75K @ $37.88 | $218K |
| 2026-05-14 | Wacksman Jeremy Chief Executive Officer | Sell | 300.00 @ $38.69 | $11.6K |
| 2026-05-14 | Choo Jun Chief Operating Officer | Sell | 1.08K @ $37.84 | $41.0K |
| 2026-05-14 | Choo Jun Chief Operating Officer | Sell | 145.00 @ $38.76 | $5.62K |
Recent news tone vs the market's typical (which skews positive). A soft signal, not a recommendation.
Dates from 8-K (Item 2.02); beat/miss = reported EPS vs consensus (Finnhub, recent quarters); move = prior close → close on/after.