secwatch.observer — SEC 8-K summary
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Issuer:     ZILLOW GROUP, INC. (ZG)
CIK:        0001617640
Form:       8-K
Filed at:   2024-11-06T23:59:59+00:00
Accession:  0001617640-24-000125
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Zillow Q3 revenue $581M (+17% YoY), beats outlook; Adj. EBITDA $127M
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- Total revenue $581M, up 17% YoY, $28M above outlook midpoint.
- GAAP net loss $20M; Adjusted EBITDA $127M (22% of revenue), $24M above midpoint.
- Residential revenue $405M (+12% YoY); Rentals $123M (+24%); Mortgages $39M (+63%).
- Purchase loan origination volume $812M, up 80% YoY.
- Cash and investments $2.2B, down from $2.6B at Q2 end.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1617640/000161764024000125/0001617640-24-000125-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1617640/000161764024000125/z-20241106.htm
  HTML page:      https://secwatch.observer/filing/0001617640-24-000125

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer