ZILLOW GROUP, INC.
Zillow, Inc. (NASDAQ: Z) operates as a leading digital real estate platform serving consumers, real estate professionals, and mortgage lenders across the United States. The company maintains its corporate presence at www.zillow.com and operates multiple business segments that collectively address various aspects of… From the company’s description.
Margins and return on equity change in ; everything else in percent. Fewer shares and less debt are shown plainly, not as bad news — it depends what you make of buybacks. Dotted labels explain each measure. is shown separately from the annual figures.
What ZILLOW GROUP, INC. does
In the company’s own words
Zillow, Inc. (NASDAQ: Z) operates as a leading digital real estate platform serving consumers, real estate professionals, and mortgage lenders across the United States. The company maintains its corporate presence at www.zillow.com and operates multiple business segments that collectively address various aspects of the residential real estate transaction process.
The company's primary business segments include Zillow Group Homes, which involves the direct purchase, renovation, and sale of residential properties; Zillow Group Mortgages, which provides mortgage lending services; and the Zillow Group Marketplace, which generates revenue through advertising from real estate agents, brokers, and mortgage lenders who utilize the platform to reach consumers. The Marketplace segment represents the company's largest revenue contributor, leveraging its substantial user base to connect buyers, sellers, and real estate professionals.
Zillow operates one of the most visited real estate websites and mobile applications in the United States, attracting millions of monthly active users seeking property information, valuations, and transaction services. The platform provides comprehensive real estate data, including property listings, price estimates through its proprietary Zestimate algorithm, neighborhood information, and mortgage rate comparisons. This data-driven approach creates a significant competitive advantage by enabling the company to serve as a central hub for residential real estate information and transactions.
The company serves a diverse customer base encompassing individual homebuyers and sellers, real estate agents and brokers, mortgage lenders, and property investors. Zillow's business model generates revenue primarily through advertising fees from real estate professionals and lenders, as well as through direct real estate transactions and mortgage lending operations. The platform's scale and network effects create barriers to entry, as the concentration of users and professionals on the platform enhances its value proposition for all participants in the residential real estate ecosystem.
Zillow's integrated approach to real estate services positions it to capture value across multiple points in the transaction process, from initial property search through financing and closing, while maintaining its core marketplace function that connects the various participants in residential real estate transactions.
Company details
- Sector
- Industrials
- Industry
- Business Services
- Headquarters
- SEATTLE, WA
- Fiscal year end
- December
- CIK
- 1617640
- SIC
- 7389
Financial performance, year by year
Fiscal 2015–2025 · USDThe full income statement, balance sheet and cash flow for each of these years — every figure traceable to its filing — is on the Financials tab with a free account.
Who owns ZILLOW GROUP, INC. — and what changed
Funds as of 2026Q2 · superinvestors as of 2026-06-30
Largest fund holders · ZILLOW GROUP, INC.’s weight in each
Fund ownership is a floor, not a census — pensions, insurers and people holding shares directly are not visible here.
By share class
| Class | Held by funds | Funds | Shares out |
|---|---|---|---|
| ZClass C Capital Stock, par value $0.0001 per share | 27.7% | 267 | 177.3M |
| ZGClass A Common Stock, par value $0.0001 per share | 24.6% | 181 | 41.4M |
Fund ownership counts N-PORT filers only, so it is a floor rather than a census — pensions, insurers and direct holders are not visible here, and the remainder is not “held by individuals”.
Every fund and institutional holder, quarter by quarter, is on the Ownership tab with a free account.
Recent filings
All filings →Each filing opens into its own statements and disclosures here.
Put this business in context.
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