← ZILLOW GROUP, INC.
| Annual Trend | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash flows from operating activities: | ||||||||||||
| Adjustments to reconcile net income to net cash provided by operating activities: | ||||||||||||
| Net Income (Loss) Attributable to Parent | ($220.4m) |
($94.4m)
+57.17%
|
($119.9m)
-26.94%
|
($305.4m)
-154.77%
|
($162.1m)
+46.91%
|
($527.8m)
-225.56%
|
($101.0m)
+80.86%
|
($158.0m)
-56.44%
|
($112.0m)
+29.11%
|
$23.0m
+120.54%
|
— | |
| Depreciation, Depletion and Amortization | $100.6m | $110.2m | $99.4m | $87.5m | $110.0m | $129.8m | $157.0m | $187.0m | $240.0m | $264.0m | $270.0m | |
| Amortization of Debt Issuance Costs and Discounts | $883k | $18.0m | $26.7m | $52.1m | $102.4m | $104.4m | $26.0m | $5.0m | $4.0m | — | — | |
| Amortization of Intangible Assets | $85.0m | $94.3m | $79.3m | — | — | — | — | — | $77.0m | $89.0m | — | |
| Capitalized Computer Software, Amortization | — | — | — | — | — | — | — | — | — | $163.0m | — | |
| Other Depreciation and Amortization | $15.6m | $15.6m | $19.5m | $24.9m | $34.1m | $31.1m | $25.0m | $24.0m | $15.0m | $12.0m | — | |
| Deferred Income Tax Expense (Benefit) | ($130k) | ($89.6m) | ($31.3m) | ($4.7m) | ($8.4m) | ($2.7m) | $0 | $0 | $1.0m | $2.0m | — | |
| Share-based Payment Arrangement, Noncash Expense | $106.9m | $113.6m | $149.1m | $198.9m | $197.6m | $311.7m | $451.0m | $451.0m | $448.0m | $390.0m | $363.0m | |
| Payment, Tax Withholding, Share-based Payment Arrangement | $616k | $365k | $70k | $3k | $4k | $129k | — | — | — | — | — | |
| Share-based Payment Arrangement, Expense | $106.9m | $113.6m | $149.1m | $198.9m | $197.6m | $317.2m | $451.0m | $451.0m | — | — | $363.0m | |
| Equity Securities without Readily Determinable Fair Value, Impairment Loss, Annual Amount | — | — | $79.0m | $0 | $76.8m | — | — | — | — | — | — | |
| Impairment of Intangible Assets (Excluding Goodwill) | — | — | — | — | — | $1.4m | — | — | — | — | — | |
| Impairment of Intangible Assets, Finite-lived | — | — | — | — | — | — | — | — | $0 | $0 | — | |
| Operating Lease, Impairment Loss | — | — | — | — | — | — | — | $16.0m | $6.0m | $2.0m | — | |
| Restructuring Costs and Asset Impairment Charges | — | $174.0m | $79.0m | $0 | — | $56.8m | $0 | $16.0m | $6.0m | $2.0m | — | |
| Changes in operating assets and liabilities: | ||||||||||||
| Increase (Decrease) in Accounts Receivable | $13.3m | $21.2m | $12.6m | $3.7m | $5.6m | $82.3m | ($82.0m) | $24.0m | $8.0m | $45.0m | ($24.0m) | |
| Increase (Decrease) in Inventories | — | — | $162.8m | $673.8m | ($345.3m) | $3.8b | ($3.9b) | $0 | $0 | — | $0 | |
| Inventory Write-down | — | — | — | — | — | $407.9m | $9.0m | $0 | — | — | — | |
| Increase (Decrease) in Accounts Payable | $856k | ($373k) | $1.3m | ($496k) | $13.0m | $4.7m | $3.0m | $6.0m | $2.0m | $6.0m | $16.0m | |
| Net Cash Provided by (Used in) Operating Activities | $8.6m |
$258.2m
+2886.59%
|
$3.9m
-98.51%
|
($612.2m)
-16000.62%
|
$424.2m
+169.29%
|
($3.2b)
-848.87%
|
$4.5b
+241.78%
|
$354.0m
-92.14%
|
$428.0m
+20.90%
|
$368.0m
-14.02%
|
$388.0m
+5.43%
|
|
| Cash flows from investing activities: | ||||||||||||
| Payments to Acquire Property, Plant, and Equipment | $62.1m | $66.7m | $66.1m | $67.0m | $84.9m | $73.3m | $115.0m | $135.0m | $143.0m | $133.0m | ($168.0m) | |
| Gain (Loss) on Disposition of Property Plant Equipment, Excluding Oil and Gas Property and Timber Property | ($3.7m) | ($5.7m) | ($3.6m) | ($7.2m) | $402k | $48.6m | $53.0m | $63.0m | $85.0m | $145.0m | $1.0m | |
| Cash, Cash Equivalents, and Short-term Investments | — | — | $1.6b | $2.5b | $4.0b | $3.4b | $3.4b | $2.8b | — | — | — | |
| Proceeds from Maturities, Prepayments and Calls of Debt Securities, Available-for-sale | $197.4m | $259.2m | $399.2m | $1.1b | $2.2b | $2.2b | $802.0m | $1.3b | $1.0b | $411.0m | — | |
| Unrealized Gain (Loss) on Investments | — | — | — | — | ($372k) | — | — | — | — | — | — | |
| Payments to Acquire Businesses, Net of Cash Acquired | $16.3m | $11.5m | $55.1m | $0 | $0 | $497.3m | $4.0m | $433.0m | $7.0m | $0 | $0 | |
| Net Cash Provided by (Used in) Investing Activities | ($65.7m) | ($247.4m) | ($622.6m) | ($456.1m) | ($1.0b) | $1.1b | ($1.5b) | $25.0m | $395.0m | ($6.0m) | $294.0m | |
| Cash flows from financing activities: | ||||||||||||
| Gain (Loss) on Extinguishment of Debt | ($22.8m) | — | $0 | — | $1.4m | ($17.1m) | $0 | $1.0m | ($1.0m) | $0 | — | |
| Payments for Repurchase of Common Stock | — | — | — | — | — | $302.3m | $947.0m | $424.0m | $301.0m | $670.0m | — | |
| Proceeds from Issuance of Common Stock | — | — | $360.3m | $0 | $411.5m | $544.6m | $0 | $0 | — | — | — | |
| Net Cash Provided by (Used in) Financing Activities | $71.5m |
$97.7m
+36.60%
|
$930.1m
+851.98%
|
$1.6b
+75.86%
|
$1.2b
-28.94%
|
$3.1b
+170.81%
|
($4.3b)
-237.91%
|
($352.0m)
+91.89%
|
($1.2b)
-250.28%
|
($674.0m)
+45.34%
|
($696.0m)
-3.26%
|
|
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect | — | $108.5m | — | $567.5m | $548.0m | $1.1b | ($1.4b) | $27.0m | ($410.0m) | ($312.0m) | $578.0m | |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents | — | $108.5m | $663.4m | $1.2b | $1.8b | $2.8b | $1.5b | $1.5b | $1.1b | $773.0m | $578.0m | |
| Additional Supplementary Disclosures | ||||||||||||
| Additional Supplementary Disclosures | ||||||||||||
| Supplemental disclosure of cash flow information: | ||||||||||||
| Interest Paid, Excluding Capitalized Interest, Operating Activities | $6.3m | $9.2m | $15.5m | $42.2m | $50.8m | $108.9m | $50.0m | $28.0m | $35.0m | $18.0m | — | |
| Additional Financial Items | ||||||||||||
| Gain (Loss) on Disposition of Business | $1.4m | — | $0 | — | — | — | — | — | — | — | — | |
| General and Administrative Expense | $313.7m | $210.8m | $262.2m | $366.2m | $357.1m | $448.8m | $498.0m | $553.0m | $524.0m | $497.0m | — | |
| Goodwill | $1.9b | $1.9b | $2.0b | $2.0b | $2.0b | $2.4b | $2.4b | $2.8b | $2.8b | $2.8b | $0 | |
| Income (Loss) from Continuing Operations, Net of Tax, Attributable to Parent | — | — | — | — | — | — | ($88.0m) | ($158.0m) | ($112.0m) | — | — | |
| Income (Loss) from Discontinued Operations, Net of Tax, Attributable to Parent | — | — | — | — | — | — | ($13.0m) | $0 | $0 | — | — | |
| Income Tax Expense (Benefit) | $130k | ($89.6m) | ($31.1m) | ($4.3m) | ($7.5m) | $1.3m | $3.0m | $4.0m | $5.0m | $2.0m | — | |
| Proceeds from Stock Options Exercised | $31.2m | $98.1m | $120.1m | $65.5m | $444.0m | $127.2m | $46.0m | $72.0m | $212.0m | $188.0m | — |
Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.