Financial Data and Key Metrics Changes - Zillow Group reported consolidated results above expectations for both revenue and EBITDA in Q4 2022, with IMT segment revenue at $417 million, down 14% year-over-year, but above the high end of the outlook range [30] - Premier Agent revenue decreased by 20% year-over-year, outperforming the industry decline of 31% [30][31] - IMT segment EBITDA was $113 million for Q4, representing 27% of revenue, exceeding the high end of the outlook range [34] Business Line Data and Key Metrics Changes - The IMT segment saw a 30% annualized growth in EBITDA since 2019, despite a challenging operating environment [9] - Rentals revenue increased by 13% year-over-year, with traffic growing 20% year-over-year to 26 million average monthly unique users in Q4 [33] - Mortgages segment revenue was $18 million, with an EBITDA loss of $32 million as investments continued in building a better consumer-facing origination experience [34] Market Data and Key Metrics Changes - Average monthly unique users reached 198 million during Q4, with Zillow regaining its position as the number one most visited rentals platform [8][9] - The company noted that mortgage rates have come off their highs, and home prices have continued to decelerate from their peak [27] Company Strategy and Development Direction - Zillow aims to build a housing super app to increase customer transaction share from 3% to 6% by the end of 2025, focusing on five growth pillars: touring, financing, seller solutions, enhancing the partner network, and integrating services [12][13] - The company is enhancing its partner network by consolidating partners across test markets to improve customer experience and facilitate rapid testing of new products [17] Management's Comments on Operating Environment and Future Outlook - Management acknowledged the challenges of housing affordability and its impact on demand and supply, but noted early signs of stabilization in the market [26][27] - The company remains focused on investing in growth initiatives despite the uncertain macroeconomic environment, believing that it can capture a larger share of the expected 60 million home transactions over the next decade [28][29] Other Important Information - Zillow ended 2022 with a solid balance sheet of $3.4 billion in cash and investments, up more than $200 million from the previous year [9] - The company plans to report financial results as a single reportable segment starting Q1 2023, aligning with its integrated platform strategy [37][38] Q&A Session Summary Question: Can you help us understand the listings showcase product and its market strategy? - Management explained that Listing Media Services and Listing Showcase aim to help listing agents differentiate themselves and win more business, with early indicators showing positive feedback from partners and customers [46][47] Question: What are the early signs of stabilization in the housing market? - Management noted that while the macro environment remains volatile, there are signs of buyer demand and supply constraints, with mortgage rates pulling back and unique users indicating a desire to move [54][55] Question: How does the company view the potential entry of CoStar into the residential market? - Management emphasized their focus on the mover consumer and building a strong audience, which has led to significant traffic growth and a solid brand position [48][49]

UNITED STATES SECURITIES AND EXCHANGE COMMISSION ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Commission File Number: 001-36853 ZILLOW GROUP, INC. (Exact name of registrant as specified in its charter) _____________________________________________________ Washington 47-1645716 (State or other jurisdiction of (I.R.S. Employer incorporation or organization) Identification No.) 1301 Second Avenue, Floor 31, Seattle, Washington 98101 (Address of principal executive ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 _____________________________________________________ FORM 10-Q _____________________________________________________ ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2022 ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Commission File Number: 001-36853 _____________________________________________________ | --- | ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 _____________________________________________________ FORM 10-K _____________________________________________________ ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2021 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Commission File Number: 001-36853 _____________________________________________________ ZILLOW GR ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 _____________________________________________________ FORM 10-K _____________________________________________________ ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2020 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Commission File Number: 001-36853 _____________________________________________________ ZILLOW GR ...