Z (Zillow Group) Total Operating Expense: $1,962 Mil (TTM As of Mar. 2026)


Z Zillow Group Inc Z
64 GF Score
Price $31.16
GF Value $74.34
Valuation Significantly Undervalued
! 3 Warning Signs
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What is Zillow Group Total Operating Expense?

Zillow Group Z +5.86% 64 Total Operating Expense is $1,962 Mil as of Mar. 2026. GuruFocus rates Z with a GF Score™ of 64/100 and a GF Value™ of $74.34 (Significantly Undervalued). The stock has 3 warning signs investors should review.

Zillow Group's Total Operating Expense for the three months ended in Mar. 2026 was $483 Mil. Zillow Group's Total Operating Expense for the trailing twelve months (TTM) ended in Mar. 2026 was $1,962 Mil.

Zillow Group Total Operating Expense Related Terms

Zillow Group Total Operating Expense Historical Data

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The historical data trend for Zillow Group's Total Operating Expense 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.

Zillow Group Total Operating Expense Chart

Zillow Group Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Total Operating Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1,550.00 1,660.00 1,771.00 1,899.00 1,947.00

Zillow Group Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Total Operating Expense Get a 7-Day Free Trial 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 468.00 500.00 492.00 487.00 483.00
Z
64GF Score
Zillow Group Inc Z
Total Operating Expense is just one metric. See GF Score™, valuation, warning signs, and more.
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Zillow Group Total Operating Expense Calculation

Total Operating Expense is the primary recurring expense associated with central operations that are incurred in order to generate sales.


Total Operating Expense for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $1,962 Mil.

* 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.

What does a Total Operating Expense of $1,962 Mil mean?
Zillow Group (Z) has a Total Operating Expense of $1,962 Mil as of Mar. 2026. Total operating expense is the primary recurring expense associated with central operations. View historical data on Zillow Group and its competitors.
Is Zillow Group's Total Operating Expense too high?
Zillow Group's current Total Operating Expense is $1,962 Mil. Overall, Zillow Group has a GF Score™ of 64/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Zillow Group's Total Operating Expense compare to SNAP and BILI?
Zillow Group's Total Operating Expense of $1,962 Mil can be compared against companies in the Interactive Media industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Total Operating Expense for an Interactive Media company?
A good Total Operating Expense depends on the Interactive Media industry context. However, Total Operating Expense should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Total Operating Expense mean?
A high Total Operating Expense can signal that a stock is expensive relative to its fundamentals. Total operating expense is the primary recurring expense associated with central operations. View historical data on Zillow Group and its competitors. Zillow Group's current Total Operating Expense is $1,962 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Zillow Group stock overvalued right now?
Based on GuruFocus' analysis, Zillow Group (Z) is currently considered Significantly Undervalued. The stock's GF Value™ is $74.34, compared to a current price of $31.16 — trading 58.1% below its estimated fair value. The current Total Operating Expense is $1,962 Mil. Zillow Group's overall GF Score™ is 64/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Total Operating Expense calculated?
Total Operating Expense is calculated from a company's financial statements. For Zillow Group (Z), the current Total Operating Expense is $1,962 Mil as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Zillow Group (Z) Overvalued in 2026?

Based on GuruFocus' analysis, Zillow Group stock appears to be undervalued. The current stock price of $31.16 is trading 58.1% below its estimated GF Value™ of $74.34. GuruFocus considers Zillow Group to be Significantly Undervalued.

Key valuation signals for Z:

  • Total Operating Expense: $1,962 Mil
  • GF Value™: $74.34 vs. price of $31.16 (58.1% below fair value)
  • GF Score™: 64/100 with 3 warning signs

No single metric tells the full story. See the Z stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Zillow Group Business Description

Address 1301 Second Avenue, Floor 36, Seattle, WA, USA, 98101
Zillow Group Inc is a real estate technology company offering a digital platform that connects real estate customers with sellers, agents, loan officers, and other real estate-related professionals. With its tools and resources, Zillow helps real estate professionals grow their businesses, and for renters and housing providers, it offers a marketplace along with a set of end-to-end products and services to streamline applications, leases, payments, and more. The group operates various brands such as Zillow, Zillow Home Loans, Zillow Rentals, Zillow New Construction, Trulia, StreetEasy, Out East, HotPads, Follow Up Boss, ShowingTime, dotloop, and Zillow Closing. Its ecosystem spans the entire home journey from shopping to renting, buying, selling, and financing real estate.
64GF Score

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Total Operating Expense is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$31.16
Price
$74.34
GF Value