earnings
confidence high
sentiment positive
materiality 0.80
Zillow Q2 revenue $772M (+18% YoY), adjusted EBITDA $176M above outlook; leadership changes
ZILLOW GROUP, INC.
- Q2 revenue $772M (+18% YoY), above high end of outlook; residential $465M (+7%), mortgages $84M (+75%).
- Adjusted EBITDA $176M (23% margin), above outlook; diluted adjusted EPS $0.52 vs $0.40 YoY.
- Repurchased 5.6M shares for $200M in Q2; cash and investments $682M.
- Jeremy Hofmann appointed COO & CFO (adds COO role); Cassandra Knight named Chief Legal and Policy Officer.
- Jun Choo departs as COO; will remain through Dec 31, 2026 transition period.