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Zillow Group Reports Second-Quarter 2026 Financial Results
Zillow Group (NASDAQ: Z, ZG) reported Q2 2026 revenue of $772 million, up 18% year over year and above the high end of its outlook. For Sale revenue rose 14% to $549 million, including Residential $465 million (+7%) and Mortgages $84 million (+75%), driven by a 95% increase in purchase loan origination volume to $2.2 billion. Rentals revenue grew 31% to $209 million, led by 42% growth in multifamily.Zillow Group posted a net loss of $4 million (net loss margin 1%) versus net income of $2 million a year earlier, while Adjusted EBITDA was $176 million (23% margin) and adjusted net income was $118 million, or $0.52 diluted adjusted EPS. The company ended Q2 with $682 million in cash and investments and repurchased 5.6 million shares for $200 million. Traffic declined 2% year over year to 239 million average monthly unique users and 2.5 billion visits, though Zillow Group reports it outperformed the overall residential real estate category on audience reach.