Zillow Group Reiterates Q1 Revenue Range $700M - $710M, Reaffirms FY26 Mid-Teens Total Revenue Growth, Mid-Cycle Targets Of $5B Revenue, Adjusted EBITDA Margin Of 45%, Net Income Margin Of 25%

Zillow Group, Inc. has reaffirmed its Q1 2026 revenue outlook, projecting total revenue between $700 million and $710 million, with an adjusted EBITDA of $160 million to $175 million. For the full year 2026, the company anticipates mid-teens total revenue growth, including approximately 30% growth in Rentals revenue. Additionally, Zillow has set mid-cycle financial targets of $5 billion in revenue, a 45% adjusted EBITDA margin, and a 25% net income margin.