ZILLOW GROUP INC
For the period ended Mar 31, 2024. Filed May 1, 2024.
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A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Mar 31, 2024 · Filed May 1, 2024
ZG$29.51-5.7%Stored close · as of Nov 10, 2026
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Condensed Consolidated Statements of Operations
(in millions, except share data, which are presented in thousands, and per share data, unaudited)
| Three Months EndedMarch 31, | ||
|---|---|---|
| 2024 | 2023 | |
| Revenue | $529 | $469 |
| Cost of revenue | 123 | 92 |
| Gross profit | 406 | 377 |
| Operating expenses: | ||
| Sales and marketing | 166 | 156 |
| Technology and development | 147 | 137 |
| General and administrative | 132 | 123 |
| Impairment costs | 6 | 6 |
| Total operating expenses | 451 | 422 |
| Loss from operations | (45) | (45) |
| Other income, net | 33 | 32 |
| Interest expense | (9) | (9) |
| Loss before income taxes | (21) | (22) |
| Income tax expense | (2) | — |
| Net loss | $(23) | $(22) |
| Net loss per share - basic and diluted | $(0.10) | $(0.09) |
| Weighted-average shares outstanding - basic and diluted | 234,695 | 234,425 |
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