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Midas Edge

ZILLOW GROUP, INC.

For the period ended Mar 31, 2026. Filed May 6, 2026.

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About 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, 2026 · Filed May 6, 2026

ZG$31.28+3.0%Stored close · as of Nov 9, 2026

Extracted filing text, with the paragraph anchors used by the comparison.

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Contents

Net Income Per Share

Note 10. Net Income Per Share

For the periods presented, the following table reconciles the denominators used in the basic and diluted net income per share calculations (in thousands):

Three Months EndedMarch 31,
20262025
Denominator for basic calculation235,682242,256
Effect of dilutive securities:
Option awards3,3629,668
Unvested restricted stock units6004,268
Denominator for dilutive calculation239,644256,192

For the periods presented, the following Class C capital stock equivalents were excluded from the calculations of diluted net income per share because their effect would have been antidilutive (in thousands):

Three Months EndedMarch 31,
20262025
Weighted-average Class C capital stock option awards outstanding2,5733,615
Weighted-average Class C capital stock restricted stock units outstanding5,9081,528
Class C capital stock issuable upon conversion of the 2025 Notes—6,237
Total Class C capital stock equivalents8,48111,380
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The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.