Zillow Q4 revenue $474M (+9% YoY), beats outlook; Adjusted EBITDA $69M

ZILLOW GROUP, INC.

2023-FY EPS reported -$0.68 revenue$1,945,000,000

Q4 revenue $474M, up 9% YoY and $31M above company's outlook midpoint.
Residential revenue $349M (+3% YoY), outperforming industry decline of 4%.
Rentals revenue $93M (+37% YoY), multifamily revenue up 52% in Q4.
GAAP net loss $73M (15% revenue); Adjusted EBITDA $69M (15% revenue).
Full-year 2023 revenue $1.9B (-1% YoY); net loss $158M; Adj EBITDA $391M.

item 2.02 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.9

ZILLOW GROUP, INC. reported the fiscal quarter ended December 31, 2023 results: revenue $474 million, net income ($73 million).

Period: the fiscal quarter ended December 31, 2023
Revenue: $474 million
Net income: ($73 million)
Result: reported results

Exact text from the filing

Q4 revenue was $474 million, up 9% year over year

View on SEC.gov

Earnings Releases SEC 8-K Item 2.02 confidence 0.9

ZILLOW GROUP, INC. reported the fiscal year ended December 31, 2023 results: revenue $1.9 billion, net income ($158 million).

Period: the fiscal year ended December 31, 2023
Revenue: $1.9 billion
Net income: ($158 million)
Result: reported results

Exact text from the filing

for revenue and Adjusted EBITDA. • Q4 revenue was $474 million, up 9% year over year and above the midpoint of the company’s outlook range by $31 million. Full-year revenue was $1.9 billion, down 1% year over year. ◦ Residential revenue was up 3% year over year in Q4 to $349 million, outperforming both the residential real estate industry total transaction value

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8 earnings releases filed in the last 30 days. Browse all earnings releases →

ZILLOW GROUP, INC. filing history →

Source: SEC EDGAR

accession 0001617640-24-000012

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