Zillow Group Cash Flow Statement
NASDAQ: ZGConsumer DiscretionaryBusiness ServicesUSD
At close: Oct 9, 4:00 PM ET · Delayed 15 min
Zillow Group free cash flow
In fiscal 2025, Zillow Group generated $368.0 million of operating cash flow and spent $133.0 million on capital expenditures. That left free cash flow of $235.0 million, a free-cash-flow margin of 9.1% of revenue. Free cash flow was down 17.5% from the prior year's $285.0 million.
Zillow Group returned $670.0 million to shareholders through share repurchases, equal to 285% of free cash flow.
Summary generated from market data by MetaCap's automated system. Methodology
Zillow Group cash flow statement (annual)
| Fiscal year (USD) | FY 20252025-12-31 | FY 20242024-12-31 | FY 20232023-12-31 | FY 20222022-12-31 | FY 20212021-12-31 | FY 20202020-12-31 | FY 20192019-12-31 | FY 20182018-12-31 | FY 20172017-12-31 | FY 20162016-12-31 |
|---|---|---|---|---|---|---|---|---|---|---|
| Net Income | 23.00M | -112.00M | -158.00M | -101.00M | -528.00M | -162.00M | -305.36M | -119.86M | -94.42M | -220.44M |
| Net Income growth (YoY) | — | — | — | — | — | — | — | — | — | — |
| Depreciation & Amortization | 264.00M | 240.00M | 187.00M | 157.00M | 130.00M | 111.00M | 87.47M | 99.39M | 110.16M | 100.59M |
| Stock-Based Compensation | 390.00M | 448.00M | 451.00M | 451.00M | 312.00M | 197.00M | 198.90M | 149.08M | 113.57M | 106.92M |
| Change in Working Capital | -83.00M | -72.00M | -52.00M | 3.92B | -3.92B | 359.00M | -653.73M | -204.06M | 10.86M | -23.00M |
| Operating Cash Flow | 368.00M | 428.00M | 354.00M | 4.50B | -3.18B | 423.00M | -612.17M | 3.85M | 258.19M | 8.64M |
| Capital Expenditures | -133.00M | -143.00M | -135.00M | -115.00M | -74.00M | -85.00M | -67.04M | -66.05M | -66.73M | -62.06M |
| Investing Cash Flow | -6.00M | 395.00M | 25.00M | -1.53B | 1.09B | -1.04B | -456.05M | -622.64M | -247.39M | -65.72M |
| Share Repurchases | -670.00M | -301.00M | -424.00M | -947.00M | -302.00M | 0 | 0 | — | — | — |
| Debt Issued | — | — | 0 | 0 | 1.14B | 0 | 0 | 364.02M | 0 | 447.78M |
| Financing Cash Flow | -674.00M | -1.23B | -352.00M | -4.34B | 3.15B | 1.16B | 1.64B | 930.14M | 97.71M | 71.53M |
| Net Change in Cash | -312.00M | -410.00M | 27.00M | -1.37B | 1.06B | 548.00M | 567.47M | 311.35M | 108.50M | 14.45M |
| Free Cash Flow | 235.00M | 285.00M | 219.00M | 4.39B | -3.25B | 338.00M | -679.22M | -62.20M | 191.46M | -53.41M |
This table shows 10 annual periods of Zillow Group's cash flow statement, from FY 2025 back to FY 2016, across 12 line items including net income, depreciation & amortization, stock-based compensation. Values in USD; B = billions, M = millions. Fiscal periods follow ZG's reporting calendar. What is a cash flow statement?