Home/News Feed/Zillow's Q3 revenue rises 7% despite tough housing market; net loss widens to $158M. Zillow Group reported a 7% revenue increase to $724 million in Q3 2026, outperforming the broader real estate market amid challenging conditions. Mortgages and rentals segments saw significant growth, with mortgage revenue up 32% and rentals revenue up 26%. However, the company posted a net loss of $158 million, impacted by a $165 million securities class action settlement. Adjusted net income improved to $124 million, and Zillow remains focused on enhancing its platform for buyers, sellers, and renters.
Despite Zillow Group's Q3 revenue growth and improved adjusted net income, its shares are trading near their 52-week lows on Pluang as of Nov 05, 2026 04:13 WIB. Class C shares are priced at USD 28.40, close to the 52-week low of USD 27.13, down 8.33% on the day, while Class A shares trade at USD 28.70, also near their 52-week low of USD 27.70, down 8.45%. The stark contrast between the recent financial results and the share price decline highlights investor caution, with Class C seeing 99% sell activity and Class A balanced at 50% sell and 50% buy on Pluang.