Zillow Group reported second-quarter 2026 revenue of $772 million, up 18% year over year, with adjusted EBITDA of $176 million and adjusted net income of $118 million. The company also announced a restructuring eliminating about 7% of its workforce, expected to generate $75 million in annualized EBITDA cost savings. Zillow is accelerating its transition to a preferred connection model, targeting more than 75% of connections by the end of 2026, up from 61% in Q2. For the third quarter, Zillow expects revenue of $745 million to $760 million and EBITDA of $180 million to $200 million, while full-year revenue guidance is $2.92 billion to $2.96 billion.
Zillow Group Inc Class CQ2 revenue up 18%, EBITDA and net income beat, with restructuring savings and raised guidance.
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