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Zillow revenue rises on mortgage and rentals growth in Q2 2026
In Q2 2026, mortgage revenue jumped 75% to $84M, rentals revenue rose 31% to $209M, and loan origination volume nearly doubled to $2.2B.
Zillow reported Q2 2026 revenue of $772M, up 18% year over year, driven by a surge in mortgage and rentals businesses, according to HousingWire. Mortgage revenue increased 75% to $84M, while rentals revenue climbed 31% to $209M.
The company also reported growth across its for-sale and residential segments, with for-sale revenue at $549M, up 14% annually, and residential revenue rising 7% to $465M. Even with higher revenues, Zillow posted a $4M net loss for the quarter, down from net income of $2M a year earlier.
For the first half of 2026, Zillow recorded $42M in net income, compared with $10M a year ago. Zillow attributed rentals growth to a 23% annual increase in the number of multifamily properties listed on its platform, reaching 79,000 properties by quarter end.
On the mortgage side, Zillow said Zillow Home Loans generated $2.2B in loan origination volume for the quarter, up 95% from a year ago. The company linked the double-digit adoption growth of its mortgage product to integration of pre-approval directly into users’ home search and said its mortgage arm is a top-25 purchase lender, while per mortgage unit economics were positive as of early August.