Zillow Group turns to Q3 net loss of $158 million; revenue rises 7% to $724 million
ZG•Zillow Group swung to a third-quarter 2026 net loss of $158 million from a year-earlier profit, while revenue rose 7% to $724 million. Rentals revenue increased 26% to $220 million and mortgages revenue rose 32% to $70 million.
1. Quarterly results
Zillow Group reported a third-quarter 2026 net loss of $158 million, compared with a profit a year earlier. Revenue rose 7% year over year to $724 million despite a weaker-than-anticipated housing environment. Rentals revenue climbed 26% to $220 million, primarily driven by multifamily growth, while mortgages revenue jumped 32% to $70 million, primarily due to increased purchase loan origination volume.
