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Zillow Group (Zillow Group) Gross Profit

: $1,524 Mil (TTM As of Dec. 2023)
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Zillow Group's gross profit for the three months ended in Dec. 2023 was $359 Mil. Zillow Group's gross profit for the trailing twelve months (TTM) ended in Dec. 2023 was $1,524 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Zillow Group's gross profit for the three months ended in Dec. 2023 was $359 Mil. Zillow Group's Revenue for the three months ended in Dec. 2023 was $474 Mil. Therefore, Zillow Group's Gross Margin % for the quarter that ended in Dec. 2023 was 75.74%.

Zillow Group had a gross margin of 75.74% for the quarter that ended in Dec. 2023 => Durable competitive advantage

During the past 13 years, the highest Gross Margin % of Zillow Group was 92.09%. The lowest was 43.70%. And the median was 86.67%.


Zillow Group Gross Profit Historical Data

The historical data trend for Zillow Group's Gross Profit can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Zillow Group Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Gross Profit
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1,198.74 1,473.43 1,809.00 1,591.00 1,524.00

Zillow Group Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Gross Profit Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 346.00 377.00 402.00 386.00 359.00

Competitive Comparison

For the Internet Content & Information subindustry, Zillow Group's Gross Profit, along with its competitors' market caps and Gross Profit data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Zillow Group Gross Profit Distribution

For the Interactive Media industry and Communication Services sector, Zillow Group's Gross Profit distribution charts can be found below:

* The bar in red indicates where Zillow Group's Gross Profit falls into.



Zillow Group Gross Profit Calculation

Gross Profit is the different between the sale prices and the cost of buying or producing the goods.

Zillow Group's Gross Profit for the fiscal year that ended in Dec. 2023 is calculated as

Gross Profit (A: Dec. 2023 )=Revenue - Cost of Goods Sold
=1945 - 421
=1,524

Zillow Group's Gross Profit for the quarter that ended in Dec. 2023 is calculated as

Gross Profit (Q: Dec. 2023 )=Revenue - Cost of Goods Sold
=474 - 115
=359

Gross Profit for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $1,524 Mil.

Gross Profit is the numerator in the calculation of Gross Margin.

Zillow Group's Gross Margin % for the quarter that ended in Dec. 2023 is calculated as

Gross Margin % (Q: Dec. 2023 )=Gross Profit (Q: Dec. 2023 ) / Revenue (Q: Dec. 2023 )
=(Revenue - Cost of Goods Sold) / Revenue
=359 / 474
=75.74 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

A positive Gross Profit is only the first step for a company to make a net profit. The gross profit needs to be big enough to also cover related labor, equipment, rental, marketing/advertising, research and development and a lot of other costs in selling the products.


Zillow Group  (NAS:Z) Gross Profit Explanation

Warren Buffett believes that firms with excellent long term economics tend to have consistently higher margins.

Durable competitive advantage creates a high Gross Margin % because of the freedom to price in excess of cost. Companies can be categorized by their Gross Margin %

1. Greater than 40% = Durable competitive advantage
2. Less than 40% = Competition eroding margins
3. Less than 20% = no sustainable competitive advantage
Consistency of Gross Margin is key

Zillow Group had a gross margin of 75.74% for the quarter that ended in Dec. 2023 => Durable competitive advantage


Zillow Group Gross Profit Related Terms

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Zillow Group (Zillow Group) Business Description

Address
1301 Second Avenue, Floor 31, Seattle, WA, USA, 98101
Zillow Group Inc is an Internet-based real estate company that offers its customers an on-demand experience for selling, buying, renting, or financing with transparency and ease The group works with real estate agents, brokers, builders, property managers, and landlords to pair technology with top-notch service. The group operates in three segments namely the Internet, Media & Technology (IMT) segment, the Mortgages segment, and the Homes segment.
Executives
Jennifer Rock officer: Interim CFO 1301 SECOND AVENUE FLOOR 31, SEATTLE WA 98070
Susan Daimler officer: President of Zillow C/O PUBMATIC, INC., 3 LAGOON DRIVE, SUITE 180, REDWOOD CITY CA 94065
Jeremy Hofmann officer: Chief Financial Officer 1301 SECOND AVENUE, FLOOR 31, SEATTLE WA 98101
Dan Spaulding officer: Chief People Officer 1301 SECOND AVE, FL 31, SEATTLE WA 98101
Bradley D. Owens officer: General Counsel 1301 SECOND AVE, FL 31, SEATTLE WA 98101
Erik C Blachford director C/O ZILLOW GROUP, INC., 1301 SECOND AVENUE, FLOOR 31, SEATTLE WA 98101
Jeremy Wacksman officer: Chief Marketing Officer C/O ZILLOW GROUP, INC, 1301 SECOND AVENUE FLOOR 31, SEATTLE WA 98101
Errol G Samuelson officer: Chief Industry Dev. Officer C/O ZILLOW GROUP, INC., 1301 SECOND AVENUE FLOOR 31, SEATTLE WA 98101
David A. Beitel officer: Chief Technology Officer C/O ZILLOW GROUP, INC., 1301 SECOND AVENUE, FLOOR 31, SEATTLE WA 98101
Allen Parker officer: Chief Financial Officer 1301 SECOND AVENUE, FLOOR 31, SEATTLE WA 98101
Jay C Hoag director 250 MIDDLEFIELD ROAD, MENLO PARK CA 94025
Arik Prawer officer: Pres. Homes Div./Co-Head IO C/O ZILLOW GROUP, INC., 1301 SECOND AVENUE FLOOR 31, SEATTLE WA 98070
Stanley B Humphries officer: Chief Analytics Officer C/O ZILLOW GROUP, INC., 1301 SECOND AVENUE FLOOR 31, SEATTLE WA 98101
Aimee Johnson officer: Chief Marketing Officer 1301 2ND AVE FLOOR 31, SEATTLE WA 98101
Lloyd D Frink director, officer: Vice Chairman & President C/O ZILLOW GROUP, INC., 1301 SECOND AVENUE, FLOOR 31, SEATTLE WA 98101