secwatch.observer — SEC 8-K summary
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Issuer:     ZILLOW GROUP, INC. (ZG)
CIK:        0001617640
Form:       8-K
Filed at:   2026-02-10T23:59:59+00:00
Accession:  0001617640-26-000012
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Zillow Q4 revenue up 18% to $654M, turns profitable with net income $3M vs loss last year
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- Q4 revenue $654M (+18% YoY); full-year $2.6B (+16%); outperformed industry by 1500bps.
- GAAP net income $3M in Q4 (vs loss $52M); full-year net income $23M (vs loss $112M).
- Adjusted EBITDA $149M in Q4 (margin 23%, +260bps); full-year $622M (margin 24%).
- Rentals revenue surged 45% in Q4 to $168M; Multifamily revenue up 63% YoY.
- Repurchased 3.4M shares for $232M in Q4; cash+investments at $1.3B.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1617640/000161764026000012/0001617640-26-000012-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1617640/000161764026000012/z-20260210.htm
  HTML page:      https://secwatch.observer/filing/0001617640-26-000012

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