Filing Flows › Zillow Group (ZG) › R&D spending
Zillow Group (ZG) R&D spending by quarter
Zillow Group's R&D spending was $150M in Q3 2026 (third quarter 2026), -4% from Q2 2026. Over the last 7 quarters it ranged from $149M (Q1 2025) to $156M (Q2 2026).
| Quarter | R&D spending | Q/Q | Y/Y |
|---|---|---|---|
| Q3 2026 | $150M | -4% | -0.7% |
| Q2 2026 | $156M | +4% | +2% |
| Q1 2026 | $150M | -3% | +0.7% |
| Q4 2025 | $154M | +2% | — |
| Q3 2025 | $151M | -1% | — |
| Q2 2025 | $153M | +3% | — |
| Q1 2025 | $149M | — | — |
Q3 2026 at a glance
Zillow Group, Q3 2026: revenue $724M (+7% year over year), operating margin -22.2%, net loss $158M, operating cash flow $162M. The chart follows the revenue to costs, profit and cash.
Questions
What is Zillow Group's R&D spending?
Zillow Group's R&D spending was $150M in Q3 2026 (third quarter 2026), -4% from Q2 2026.
How has Zillow Group's R&D spending changed?
Over the last 7 quarters it ranged from $149M (Q1 2025) to $156M (Q2 2026).