---
schema_version: "secwatch.filing_event.v1"
accession: "0001617640-22-000061"
form_type: "8-K"
ticker: "ZG"
cik: "0001617640"
company_name: "ZILLOW GROUP, INC."
filed_at: "2022-05-05T23:59:59+00:00"
generated_at: "2026-06-25T23:44:09.265701+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Zillow Q1 revenue $4.3B, net income $16M; board authorizes additional $1B buyback

## Summary
- Revenue of $4.257B; IMT segment up 10% YoY to $490M; Homes revenue $3.7B from iBuying wind-down.
- GAAP net income $16M ($0.06 diluted EPS); Adjusted EBITDA $220M, exceeding outlook high end.
- Board authorized $1B additional share repurchase; ~$100M remains under prior $750M authorization.
- Cash and investments $3.6B, up from $3.1B in Q4 2021, after $348M in Q1 buybacks.
- Traffic: 211M monthly unique users (-5% YoY); 2.6B visits (+5% YoY).

## SEC filing metadata
- accession: 0001617640-22-000061
- form_type: 8-K
- ticker: ZG
- cik: 0001617640
- company_name: ZILLOW GROUP, INC.
- filed_at: 2022-05-05T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1617640/000161764022000061/0001617640-22-000061-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1617640/000161764022000061/z-20220505.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001617640-22-000061
- JSON: https://secwatch.observer/filing/0001617640-22-000061.json
- Plain text: https://secwatch.observer/filing/0001617640-22-000061.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.