ZILLOW GROUP, INC. (ZG) Operating margin 2016–2025
ZILLOW GROUP, INC. (ZG) operating margin by fiscal year — reported operating income divided by reported revenue.
-1.3%FY2025 · since FY2016: -22.8% → -1.3%
| Fiscal year | Value | YoY |
|---|---|---|
| FY2025 | -1.3% | +7.5 pp |
| FY2024 | -8.8% | +5.1 pp |
| FY2023 | -13.9% | -9.1 pp |
| FY2022 | -4.7% | -16.0 pp |
| FY2021 | 11.2% | +4.5 pp |
| FY2020 | 6.7% | +15.7 pp |
| FY2019 | -9.0% | +0.6 pp |
| FY2018 | -9.7% | +5.4 pp |
| FY2017 | -15.0% | +7.7 pp |
| FY2016 | -22.8% | — |
Operating margin = reported operating income ÷ reported revenue for the same fiscal year. Operating-loss years show as a negative margin.
Source: SEC XBRL filings · For reference only · Not investment advice