ZILLOW GROUP, INC.
For the period ended Mar 31, 2025. Filed May 7, 2025.
View on SEC.govAbout this filing
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, 2025 · Filed May 7, 2025
ZG$29.51-5.7%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Condensed Consolidated Statements of Operations
(in millions, except share data, which are presented in thousands, and per share data, unaudited)
| Three Months Ended March 31, | ||
|---|---|---|
| 2025 | 2024 | |
| Revenue: | ||
| For Sale revenue: | ||
| Residential | $417 | $393 |
| Mortgages | 41 | 31 |
| Total For Sale revenue | 458 | 424 |
| Rentals | 129 | 97 |
| Other | 11 | 8 |
| Total revenue | 598 | 529 |
| Cost of revenue | 139 | 123 |
| Gross profit | 459 | 406 |
| Operating expenses: | ||
| Sales and marketing | 198 | 166 |
| Technology and development | 149 | 147 |
| General and administrative | 121 | 132 |
| Impairment costs | — | 6 |
| Total operating expenses | 468 | 451 |
| Loss from operations | (9) | (45) |
| Other income, net | 22 | 33 |
| Interest expense | (5) | (9) |
| Income (loss) before income taxes | 8 | (21) |
| Income tax expense | — | (2) |
| Net income (loss) | $8 | $(23) |
| Net income (loss) per share: | ||
| Basic | $0.03 | $(0.10) |
| Diluted | $0.03 | $(0.10) |
| Weighted-average shares outstanding: | ||
| Basic | 242,256 | 234,695 |
| Diluted | 256,192 | 234,695 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.