{"schema_version":"secwatch.filing_event.v1","accession":"0001617640-25-000015","form_type":"8-K","ticker":"ZG","cik":"0001617640","company_name":"ZILLOW GROUP, INC.","filed_at":"2025-02-11T23:59:59+00:00","discovered_at":"2026-05-14T18:03:04.204385+00:00","generated_at":"2026-05-26T23:22:35.611075+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.85,"calibrated_materiality_score":0.85,"confidence":"high","headline":"Zillow Q4 revenue $554M (+17% YoY), beat outlook; expects GAAP profitability in 2025","bullets":["Q4 revenue $554M (+17% YoY), above guidance midpoint by $21M; full-year revenue $2.2B (+15% YoY).","GAAP net loss $52M in Q4 vs $73M a year ago; full-year net loss $112M vs $158M.","Adjusted EBITDA $112M (20% margin) in Q4, $498M (22% margin) for full year, up 200 bps.","Mortgages revenue surged 86% to $41M in Q4; purchase loan origination +90% to $923M.","Management projects positive GAAP net income in 2025, with a long-term path to $5B revenue and 45% EBITDA margin."],"urls":{"canonical":"https://secwatch.observer/filing/0001617640-25-000015","json":"https://secwatch.observer/filing/0001617640-25-000015.json","markdown":"https://secwatch.observer/filing/0001617640-25-000015.md","text":"https://secwatch.observer/filing/0001617640-25-000015.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1617640/000161764025000015/0001617640-25-000015-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1617640/000161764025000015/z-20250211.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-26T23:22:35.611075+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}