NASDAQ$Z
Zillow Group Inc · Q3 2020 earnings
Q3 2020 earnings · · Investor relations
Briefing
Zillow's financial performance was strong, demonstrating impressive execution amidst challenges, driven by record housing demand and engagement with digital real estate brands.
Zillow Group's Q3 2020 results showed strong financial performance with total consolidated revenue of $657 million. The company reported a consolidated GAAP net income of $40 million and Adjusted EBITDA of $152 million. Traffic to Zillow Group's mobile apps and websites reached a record 236 million average monthly unique users.
- Total consolidated revenue reached $657 million, exceeding the high end of the company’s revenue outlook for the third quarter.
- Segment income before income taxes was $140 million, $(76) million and $11 million for the IMT, Homes, and Mortgages segments, respectively, with consolidated GAAP net income at $40 million.
- Adjusted EBITDA exceeded the high end of the company’s outlook for all three segments, resulting in consolidated Adjusted EBITDA of $152 million.
- Zillow Group's mobile apps and websites reached a record 236 million average monthly unique users, an increase of 21% year over year.
Headline financials
Revenue & EPS history
Zillow · Revenue · Quarterly
$657M
Revenue by segment
Zillow · $496M total across 4 segments · Q3 2023
- Residential Revenue$362M—73.0%
- Rentals Revenue$99M+33.8%20.0%
- Mortgages Revenue$24M-7.7%4.8%
- Other Revenue$11M-84.5%2.2%
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 20 quarterly earnings reports · overlaid with Q3 2020
+1.5%
Avg return
Earnings day
+0.1%
Avg return
5 days after
-0.8%
Avg return
30 days after
56%
24 / 43 earnings
Positive
+27.1%
Q4 2018
Best reaction
-32.6%
Q3 2021
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q1 2026 | -1.9% | -11.0% | -21.3% | |
| Q4 2025 | -16.5% | -20.6% | -21.6% | |
| Q3 2025 | +4.2% | +1.8% | +3.7% | |
| Q1 2025 | +0.0% | +3.6% | +3.6% | |
| Q4 2024 | -9.4% | -7.4% | -18.2% | |
| Q3 2024 | +15.7% | +20.7% | +30.9% | |
| Q2 2024 | +16.5% | +20.3% | +25.7% | |
| Q1 2024 | -6.4% | -2.0% | -3.8% | |
| Q4 2023 | +4.7% | -1.2% | -0.6% | |
| Q3 2023 | -2.1% | +2.4% | +19.6% | |
| Q2 2023 | -0.6% | +1.2% | -5.1% | |
| Q1 2023 | +8.8% | +12.7% | +9.0% | |
| Q4 2022 | +5.2% | +0.8% | -10.8% | |
| Q3 2022 | +5.3% | +8.8% | +24.9% | |
| Q2 2022 | -1.0% | -3.2% | -9.1% | |
| Q1 2022 | -13.8% | -17.4% | -10.9% | |
| Q4 2021 | +11.6% | +31.2% | -3.1% | |
| Q3 2021 | -32.6% | -32.0% | -44.2% | |
| Q2 2021 | -7.4% | -8.6% | -10.7% | |
| Q1 2021 | -9.5% | -5.7% | -13.7% | |
| Q4 2020 | +15.0% | +17.2% | -10.7% | |
| Q3 2020 | +18.5% | +0.4% | +7.0% | |
| Q2 2020 | +13.0% | +6.7% | +18.8% | |
| Q1 2020 | +22.0% | +13.3% | +36.6% | |
| Q4 2019 | +21.7% | +14.2% | -48.0% | |
| Q3 2019 | +11.7% | +12.5% | +22.1% | |
| Q2 2019 | -15.0% | -25.2% | -36.5% | |
| Q1 2019 | +3.3% | +5.9% | +33.5% | |
| Q4 2018 | +27.1% | +21.0% | +2.5% | |
| Q3 2018 | -25.9% | -25.2% | -8.5% | |
| Q2 2018 | -13.9% | -14.9% | -17.2% | |
| Q1 2018 | +4.3% | +3.9% | +17.7% | |
| Q4 2017 | +1.3% | +0.4% | +23.9% | |
| Q3 2017 | +0.5% | -3.1% | +0.8% | |
| Q2 2017 | -8.2% | -13.7% | -18.2% | |
| Q1 2017 | +11.7% | +8.4% | +14.5% | |
| Q4 2016 | -5.7% | -6.0% | -3.8% | |
| Q3 2016 | +5.2% | +3.3% | +1.5% | |
| Q2 2016 | -4.2% | -7.4% | -11.0% | |
| Q1 2016 | +11.9% | — | — | |
| Q4 2015 | +6.1% | — | — | |
| Q3 2015 | -2.8% | — | — | |
| Q2 2015 | -5.3% | — | — | |
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