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ZILLOW GROUP, INC. [ZG] reports annual net loss of $158.0 million

ZILLOW GROUP, INC. [ZG] reports annual net loss of $158.0 million

Company Reports Revenue of $1.9 billion

By USInMinutes
Published - Mar 07, 2024, 04:45 AM ET
Last Updated - Mar 07, 2024, 04:45 AM EST

ZILLOW GROUP, INC. [ZG] has reported a net loss of $158.0 million for year ended Dec 31, 2023.

The Company said in a filing before the Securities and Exchange Commission that its total revenue for the year was $1.9 billion

Based in SEATTLE, Washington, ZILLOW GROUP, INC. operates in the SERVICES sector.

In the 12 months ended December 31, 2023, the revenue amounted to $1.945 billion, a slight decrease from the previous period's revenue of $1.958 billion in the same period of 2022 and $2.132 billion in 2021.

The cost of revenue for the current period was $421 million, which increased from $367 million in 2022 and $323 million in 2021.

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