Zillow Group, Inc. (Z) Q1 2026 Earnings Call

Investor webinar replay

Replay transcript excerpt

Hello and welcome to Zillow Group's first quarter of 2026. We ask that you please hold all questions until completion of the formal remarks, at which time you will be given instructions for the question and answer session. Also, as a reminder, this conference call is being recorded today. If you have any objections, please disconnect at this time. At this time, you may begin. Thank you. Good afternoon, and welcome to Zillow Group's quarterly earnings call. Joining me today to discuss our results are Zillow Group's CFO, Jeremy Waxman. During today's call, we will make forward-looking statements about our future performance and operating plans based on expectations. These statements are subject to risk, and these statements are subject to risk, and we encourage you to consider them. As described in our SEC filing, we undertake no obligation to update these statements, or future events, or future events, or future events, please review the cautionary states and additional information which can be found on our website. This call is being broadcast on the Internet and is available on our investor relations website. Recording the call will be available later today. During the call, we will discuss GAAP, non-GAAP measures, including adjusted EBITDA, and adjusted free cash flow. Good afternoon, everyone, and thank you for joining us. Thank you for joining us. Q1 was another quarter of consistent execution across our business. We delivered revenue near the high end of our outlook range, putting us on track toward achieving our full-year goals. That consistency reflects a winning strategy and a platform that is built to grow. Our strategy is straightforward. Make moving easier by connecting. Make moving easier by connecting. Integrate experience. Supporting both consumers and ...