ZILLOW GROUP, INC. (Z) Gross margin 2016–2025
ZILLOW GROUP, INC. (Z) gross margin by fiscal year — reported gross profit divided by reported revenue.
74.1%FY2025 · since FY2016: 91.8% → 74.1%
| Fiscal year | Value | YoY |
|---|---|---|
| FY2025 | 74.1% | -2.3 pp |
| FY2024 | 76.4% | -1.9 pp |
| FY2023 | 78.4% | -2.9 pp |
| FY2022 | 81.3% | -3.6 pp |
| FY2021 | 84.8% | +0.6 pp |
| FY2020 | 84.3% | +40.6 pp |
| FY2019 | 43.7% | -44.8 pp |
| FY2018 | 88.5% | -3.6 pp |
| FY2017 | 92.1% | +0.3 pp |
| FY2016 | 91.8% | — |
Gross margin = reported gross profit ÷ reported revenue for the same fiscal year.
Source: SEC XBRL filings · For reference only · Not investment advice