ZILLOW GROUP, INC.
For the period ended Sep 30, 2025. Filed Oct 30, 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.
Sep 30, 2025 · Filed Oct 30, 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 Shareholders’ Equity
(in millions, except share data, which are presented in thousands, unaudited)
| Class A CommonStock, Class BCommon Stock andClass C Capital Stock · AdditionalPaid-InCapital · AccumulatedDeficit · AccumulatedOther ComprehensiveIncome · TotalShareholders’Equity | ||||||
|---|---|---|---|---|---|---|
| Shares | Amount | |||||
| Balance at July 1, 2025 | 241,132 | $— | $6,617 | $(1,872) | $1 | $4,746 |
| Issuance of Class C capital stock upon exercise of stock options | 2,873 | — | 121 | — | — | 121 |
| Vesting of restricted stock units | 1,584 | — | — | — | — | — |
| Share-based compensation expense | — | — | 114 | — | — | 114 |
| Settlement of capped call transactions | (3,097) | — | 38 | — | — | 38 |
| Repurchases of Class A common stock | (457) | — | (38) | — | — | (38) |
| Net income | — | — | — | 10 | — | 10 |
| Other comprehensive income | — | — | — | — | 1 | 1 |
| Balance at September 30, 2025 | 242,035 | $— | $6,852 | $(1,862) | $2 | $4,992 |
| Class A CommonStock, Class BCommon Stock andClass C Capital Stock · AdditionalPaid-InCapital · AccumulatedDeficit · AccumulatedOtherComprehensiveIncome (Loss) · TotalShareholders’Equity | ||||||
|---|---|---|---|---|---|---|
| Shares | Amount | |||||
| Balance at July 1, 2024 | 231,407 | $— | $6,322 | $(1,810) | $(11) | $4,501 |
| Issuance of Class C capital stock upon exercise of stock options | 893 | — | 35 | — | — | 35 |
| Vesting of restricted stock units | 1,442 | — | — | — | — | — |
| Share-based compensation expense | — | — | 124 | — | — | 124 |
| Settlement of capped call transactions | (2,141) | — | — | — | — | — |
| Settlement of 2024 Notes | 1,935 | — | 1 | — | — | 1 |
| Net loss | — | — | — | (20) | — | (20) |
| Other comprehensive income | — | — | — | — | 15 | 15 |
| Balance at September 30, 2024 | 233,536 | $— | $6,482 | $(1,830) | $4 | $4,656 |
| Class A CommonStock, Class BCommon Stock andClass C Capital Stock · AdditionalPaid-InCapital · AccumulatedDeficit · AccumulatedOtherComprehensiveIncome (Loss) · TotalShareholders’Equity | ||||||
|---|---|---|---|---|---|---|
| Shares | Amount | |||||
| Balance at January 1, 2025 | 242,489 | $— | $6,733 | $(1,882) | $(3) | $4,848 |
| Issuance of Class C capital stock upon exercise of stock options | 4,193 | — | 176 | — | — | 176 |
| Vesting of restricted stock units | 4,551 | — | — | — | — | — |
| Share-based compensation expense | — | — | 343 | — | — | 343 |
| Settlement of capped call transactions | (3,097) | — | 38 | — | — | 38 |
| Settlement of 2025 Notes | 1 | — | — | — | — | — |
| Repurchases of Class A common stock and Class C capital stock | (6,102) | — | (438) | — | — | (438) |
| Net income | — | — | — | 20 | — | 20 |
| Other comprehensive income | — | — | — | — | 5 | 5 |
| Balance at September 30, 2025 | 242,035 | $— | $6,852 | $(1,862) | $2 | $4,992 |
| Class A CommonStock, Class BCommon Stock andClass C Capital Stock · AdditionalPaid-InCapital · AccumulatedDeficit · AccumulatedOtherComprehensiveIncome (Loss) · TotalShareholders’Equity | ||||||
|---|---|---|---|---|---|---|
| Shares | Amount | |||||
| Balance at January 1, 2024 | 233,354 | $— | $6,301 | $(1,770) | $(5) | $4,526 |
| Issuance of Class C capital stock upon exercise of stock options | 2,517 | — | 96 | — | — | 96 |
| Vesting of restricted stock units | 4,967 | — | — | — | — | — |
| Share-based compensation expense | — | — | 385 | — | — | 385 |
| Settlement of capped call transactions | (2,141) | — | — | — | — | — |
| Settlement of 2024 Notes | 1,935 | — | 1 | — | — | 1 |
| Repurchases of Class A common stock and Class C capital stock | (7,096) | — | (301) | — | — | (301) |
| Net loss | — | — | — | (60) | — | (60) |
| Other comprehensive income | — | — | — | — | 9 | 9 |
| Balance at September 30, 2024 | 233,536 | $— | $6,482 | $(1,830) | $4 | $4,656 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.