Zillow Group, Inc. Class A (ZG) Revenue History
Annual and quarterly revenue from 2014 to 2025
Compound Annual Growth Rate (CAGR)
Loading revenue history...
ZG Revenue Growth
Revenue Breakdown (FY 2025)
ZG's revenue distribution by segment and geography for fiscal year 2025
By Product/Segment
ZG Revenue Analysis (2014–2025)
As of May 6, 2026, Zillow Group, Inc. Class A (ZG) generated trailing twelve-month (TTM) revenue of $2.58 billion, reflecting strong growth of +18.1% year-over-year. The most recent quarter (Q4 2025) recorded $654.0 million in revenue, down 3.3% sequentially.
Looking at the longer-term picture, ZG's 5-year compound annual growth rate (CAGR) stands at +9.7%, indicating steady revenue expansion. The company achieved its highest annual revenue of $2.74 billion in 2019.
Revenue diversification analysis shows ZG's business is primarily driven by Sales Revenue (45%), Residential Revenue (40%), and Rental Revenue (15%).
When compared to Communication Services sector peers including OPEN (-15.2% YoY), COMP (+40.1% YoY), and HOUS (+5.3% YoY), ZG has underperformed the peer group in terms of revenue growth. Compare ZG vs OPEN →
ZG Revenue vs Peers
Revenue metrics vs comparable public companies
| Company | TTM Revenue | YoY Growth | 5Y CAGR | Op. Margin | Compare |
|---|---|---|---|---|---|
| ZGCurrent | $2.6B | +18.1% | +9.7% | -1.3% | |
 OPEN | $4.4B | -15.2% | +11.1% | -6.6% | |
 COMP | $7.0B | +40.1% | +13.3% | -0.4% | |
 HOUS | $5.7B | +5.3% | -0.6% | 1.1% | |
 EXPI | $4.8B | +4.5% | +21.6% | -0.4% | |
 MOVE | $1M | -44.6% | - | -2391.1% |
ZG Historical Revenue Data (2014–2025)
| Year | Revenue | YoY % | Gross Profit | Gross Margin | Op. Income | Op. Margin |
|---|---|---|---|---|---|---|
| 2025 | $2.58B | +15.5% | $1.92B | 74.1% | $-34,000,000 | -1.3% |
| 2024 | $2.24B | +15.0% | $1.71B | 76.4% | $-197,000,000 | -8.8% |
| 2023 | $1.95B | -0.7% | $1.52B | 78.4% | $-270,000,000 | -13.9% |
| 2022 | $1.96B | -8.2% | $1.59B | 81.3% | $-93,000,000 | -4.7% |
| 2021 | $2.13B | +31.3% | $1.81B | 84.8% | $239.0M | 11.2% |
| 2020 | $1.62B | -40.8% | $1.37B | 84.3% | $161.0M | 9.9% |
| 2019 | $2.74B | +105.7% | $1.31B | 47.8% | $-246,835,000 | -9.0% |
| 2018 | $1.33B | +23.8% | $1.18B | 88.5% | $-128,975,000 | -9.7% |
| 2017 | $1.08B | +27.2% | $991.6M | 92.1% | $-161,874,000 | -15.0% |
| 2016 | $846.6M | +31.3% | $775.0M | 91.5% | $-192,854,000 | -22.8% |
Full ZG Stock Analysis
Analyst consensus, bull case, AI-generated risk factors, and peer comparison — all in one place.
See ZG's True Return
Price is only half the story. See total return with reinvested dividends.
Launch CalculatorIs ZG Undervalued?
DCF intrinsic value, peer multiples, and analyst estimates — see what the stock is really worth.
View ValuationCompare ZG vs NFLX
Side-by-side business, growth, and profitability comparison vs Netflix, Inc..
Start ComparisonZG — Frequently Asked Questions
Quick answers to the most common questions about buying ZG stock.
Is ZG's revenue growth accelerating or slowing?
ZG revenue is accelerating at +18.1% year-over-year, exceeding the 5-year CAGR of +9.7%. TTM revenue reached $2.6B. Growth momentum has increased versus prior periods.
What is ZG's long-term revenue growth rate?
Zillow Group, Inc. Class A's 5-year revenue CAGR of +9.7% reflects the sustained expansion pattern. Current YoY growth of +18.1% is above this long-term average.
How is ZG's revenue distributed by segment?
ZG reports revenue by product line and geographic region. Annual and quarterly breakdowns from 2014-2025 are available for download. Segment mix reveals concentration and diversification trends.