ZILLOW GROUP, INC. ZG

Zillow Group's most useful supplied fact is the 10-Q number set, not the filing noise around it: for the period ending 2026-03-31 the company reported $708.0M of revenue from contracts with customers, $36.0M of operating income, $46.0M of net income attributable to parent and $0.19 of diluted EPS. That says the ZG equity story on this rail begins with a profitable operating business, while the later June filings show disclosure activity rather than a parsed change in earnings power.

The company evidence points to two practical engines: Premier Agent advertising products, which deliver validated customer connections, or leads, and are offered on pay for performance under "Zillow Preferred" and share of voice under "market-based pricing"; and Zillow Home Loans, where the 10-Q says growth depends on financing to fund originations, product offerings that meet customer financing needs and further origination growth. That is the useful operating frame: attention, leads and mortgage capacity, not a vague housing story.

The balance sheet rail is also specific. The same 10-Q period ending 2026-03-31 shows $5.23B of assets, $818.0M of liabilities, $4.41B of stockholders' equity attributable to parent and $678.0M of cash and cash equivalents. Operating activities provided $200.0M of net cash, payments to acquire property, plant and equipment were $34.0M, research and development expense was $150.0M and diluted weighted average shares outstanding were 239.6M.

The supplied source route is SEC EDGAR: the filing index, submissions JSON, companyfacts JSON, the 10-Q and the May and June 8-K/Form 4/Form 144/Schedule 13D/A items. It does not include a chart route, so this report cannot claim candles, trading levels, volume or technical patterns. The market mechanism that can be described is the disclosed one: lead products, mortgage-origination financing needs, reported cash generation and corporate disclosure dates.

What changed most recently is the public paper trail. SEC EDGAR lists a Schedule 13D/A dated 2026-06-15, a Form 4 dated 2026-06-09, a Form 144 dated 2026-06-08 and an 8-K dated 2026-06-03. The June 3 8-K evidence says Zillow Group's inspector of election certified voting results. The supplied rail does not parse the voting table, the Form 4 transactions or the Form 144 details, so the clean claim is disclosure activity, not a fresh operating conclusion.

The May 6 8-K says Zillow Group issued a press release and shareholder letter announcing financial results for the fiscal quarter ended March 31, 2026, and the exhibit label names "Zillow Group Reports First-Quarter 2026 Financial Results". That anchors the daily file to the official earnings release path. The evidence would deepen materially with parsed segment performance, guidance if supplied, details from the vote certification and transaction details from the ownership filings, but those facts are not present in this rail.