Zillow Group, Inc. 2025 Q4 - Results - Earnings Call Presentation

Zillow Group reported Q4 2025 earnings on February 10, 2026, with revenue reaching $654 million, an 18.05% year-over-year increase, slightly exceeding analyst expectations by $3.49 million. Earnings per share (EPS) fell short at $0.39, missing estimates by $0.01, despite strong revenue growth, signaling potential profit margin pressures or higher-than-expected costs. The earnings call slide deck accompanied the results, providing investors with detailed financial insights and strategic updates, though specific operational highlights were not disclosed in the transcript summary. Analysts noted the mixed performance, with revenue growth outpacing EPS, suggesting robust top-line expansion but challenges in converting sales into profits during the quarter. The report aligns with Zillow’s ongoing focus on scaling its real estate platform, though profitability concerns may prompt investor scrutiny in upcoming quarters.