Zillow Group demonstrated strong revenue growth and innovation in AI, leading to positive financial results, despite challenging housing market conditions. The company's strategic focus on both the For Sale and Rentals segments is driving growth, although the broader housing market remains uncertain.

Company Guidance

During Zillow Group's Third Quarter 2025 Financial Results Call, the company provided guidance on several key metrics and strategic initiatives. Zillow reported a 16% year-over-year increase in total revenue, reaching $676 million, which surpassed the high end of their outlook range. The company also achieved an EBITDA of $165 million, with a margin that expanded by more than 200 basis points year-over-year. Notably, Zillow's For Sale revenue grew by 10%, driven by a 7% increase in residential revenue and a significant 36% boost in mortgage revenue. Rentals revenue experienced a robust 41% growth, with multifamily revenue rising by 62%. The company highlighted its strategic focus on enhancing consumer experiences and expanding its integrated transaction services. They introduced new features such as virtual staging and improved messaging functionality, and they launched the Zillow app in ChatGPT to provide seamless digital experiences. Zillow aims for mid-teens revenue growth, expanding EBITDA margins, and positive full-year GAAP net income by 2025, with specific targets including 75% of connections in enhanced markets and $1 billion in annual Rentals revenue.

Strong Revenue Growth

Total revenue increased 16% year-over-year to $676 million in Q3, exceeding the high end of the outlook range.

Rentals Revenue Surge

Rentals revenue grew 41% year-over-year with a significant 62% increase in multifamily revenue.

EBITDA Margin Expansion

EBITDA margin expanded more than 200 basis points year-over-year, reaching 24%.

Positive GAAP Net Income

Zillow reported positive GAAP net income of $10 million in Q3.

Innovation in AI and Technology

Launched AI-powered virtual staging on Showcase listings and introduced the Zillow app inside ChatGPT.

Expansion in Enhanced Markets

34% of connections came through the enhanced market experience, up from 27% last quarter.

Zillow Group Class C (Z) Earnings, Revenues Date & History

The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced

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Z Earnings History

Report Date	Fiscal Quarter	Forecast / EPS	Last Year's EPS	EPS YoY Change	Slides	Play Transcript
Feb 17, 2026	2025 (Q4)	0.40 / -	0.27	―	―	―
Oct 30, 2025	2025 (Q3)	0.43 / 0.44	0.389	13.11% (+0.05)	―
Aug 06, 2025	2025 (Q2)	0.42 / 0.40	0.414	-3.38% (-0.01)	―
May 07, 2025	2025 (Q1)	0.37 / 0.41	0.36	13.89% (+0.05)	―
Feb 11, 2025	2024 (Q4)	0.27 / 0.27	0.2	35.00% (+0.07)
Nov 06, 2024	2024 (Q3)	0.29 / 0.39	0.352	10.51% (+0.04)	―
Aug 07, 2024	2024 (Q2)	0.26 / 0.41	0.39	6.15% (+0.02)	―
May 01, 2024	2024 (Q1)	0.31 / 0.36	0.35	2.86% (+0.01)	―
Feb 13, 2024	2023 (Q4)	0.12 / 0.20	0.21	-4.76% (>-0.01)
Nov 01, 2023	2023 (Q3)	0.23 / 0.35	0.409	-13.94% (-0.06)	―

The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.

Beat

Missed

Z Earnings-Related Price Changes

Report Date	Price 1 Day Before	Price 1 Day After	Percentage Change
Oct 30, 2025	$71.72	$74.98	+4.55%
Aug 06, 2025	$85.18	$84.63	-0.65%
May 07, 2025	$67.88	$67.90	+0.03%
Feb 11, 2025	$86.32	$78.21	-9.40%

Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.

FAQ

When does Zillow Group Class C (Z) report earnings?

Zillow Group Class C (Z) is schdueled to report earning on Feb 17, 2026, After Close (Confirmed).

What is Zillow Group Class C (Z) earnings time?

Zillow Group Class C (Z) earnings time is at Feb 17, 2026, After Close (Confirmed).

Where can I see when companies are reporting earnings?

You can see which companies are reporting today on our designated earnings calendar.

What companies are reporting earnings today?

You can see a list of the companies which are reporting today on TipRanks earnings calendar.

What is Z EPS forecast?

Z EPS forecast for the fiscal quarter 2025 (Q4) is 0.4.

Zillow Group Class C (Z) Earnings News

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