Zillow reports Q2 revenue up 18%, strong mortgage and rental growth, with a slight net loss.

Zillow Group announced its Q2 2026 financial results, reporting an 18% year-over-year revenue increase to $772 million, driven by strong growth in mortgages (up 75%) and rentals (up 31%). Despite a slight net loss of $4 million, adjusted net income rose to $118 million. The company outperformed the broader housing market and remains on track to meet its full-year goals, continuing to expand its real estate platform and services. Zillow also repurchased $200 million in shares during the quarter, signaling confidence in its business outlook.