Zillow Group delivered strong Q2 2026 results, with 18% revenue growth and outperformance across mortgage, rentals, and for-sale segments. The preferred model now drives 61% of connections, boosting revenue per connection and positioning ZG for higher long-term monetization. Despite near-term profit headwinds from revenue recognition timing, I see EBITDA growth accelerating as the preferred transition matures.
Zillow plans to lay off “just over 500 employees,” or about 7% of its workforce, as part of a company-wide restructuring. The Seattle-based online real estate company had 7,058 employees as of March 31.
Zillow Group NASDAQ: Z reported second-quarter revenue growth that exceeded its outlook, led by gains in its For Sale and Rentals businesses, while outlining an accelerated transition to its Zillow Preferred agent-partner model and a restructuring intended to streamline operations.
| IT Services Industry | Information Technology Sector | Jeremy Wacksman CEO | XMEX Exchange | US98954M2008 ISIN |
| US Country | 7,068 Employees | - Last Dividend | - Last Split | 20 Jul 2011 IPO Date |
Zillow Group, Inc. is a leading digital real estate company in the United States, renowned for its comprehensive suite of brands and services that cater to various aspects of the real estate market. Established in 2004 and based in Seattle, Washington, the company has developed a robust online presence through mobile applications and websites, offering an array of solutions that span from advertising and marketplace functionalities for rentals and premier agents to software technologies designed to enhance business efficiencies within the real estate sector. Moreover, Zillow Group extends its expertise to mortgage origination and brokerage, alongside providing advertising services for mortgage professionals, thereby encapsulating an end-to-end ecosystem for real estate transactions.
These platforms are tailored to connect real estate professionals with buyers and renters, promoting enhanced visibility and lead generation for listed properties.
Focused on new properties, this service enables builders to market their projects, offering potential buyers a dedicated platform to explore new home options.
Designed for real estate-related businesses seeking to increase their online presence, these services offer targeted advertising solutions to reach potential customers.
Including a suite of tools such as dotloop for simplifying real estate transactions and floor plans to enhance property listings, these solutions aim to streamline operations for real estate professionals.
Through Zillow Home Loans, the company offers mortgage lending services, complemented by advertising offerings for mortgage lenders and professionals.
Providing essential services for the closing process of real estate transactions, aiming to ensure a seamless transfer of property.
Includes prominent names like Zillow Premier Agent, Zillow Home Loans, Zillow Rentals, Trulia, StreetEasy, HotPads, and Out East, each catering to specific market needs within the real estate domain.
Featuring products like ShowingTime+, Spruce, and Follow Up Boss, these offerings are designed to bolster the marketing efforts and operational efficiency of real estate professionals.