Basis: Latest reported fiscal quarter. Source: stored company filings and market data; unavailable inputs remain N/A.
Is the gross margin high or low?
The gross margin of 73.31% is in line with its 5-year average of 74.48%, near the high end of its 5-year range (41.10%–85.09%).
As of the fiscal period ended Tuesday, March 31, 2026. 0.97% below its 12-month average of 74.03%.
Reported quarterly gross margin; no daily interpolation.
GROSS MARGIN
73.31%
GROSS MARGIN AVG TTM
74.03%
GROSS MARGIN AVG 3Y
76.10%
GROSS MARGIN AVG 5Y
77.96%
GROSS MARGIN AVG 10Y
80.42%
GROSS MARGIN AVG 15Y
83.43%
GROSS MARGIN AVG 20Y
N/A
CURRENT VS TTM AVG
-0.97%
CURRENT VS 3Y AVG
-3.67%
CURRENT VS 5Y AVG
-5.97%
CURRENT VS 10Y AVG
-8.85%
CURRENT VS 15Y AVG
-12.14%
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · COMMUNICATION SERVICES
53.00%
median of 28 covered companies
CURRENT VS SECTOR MEDIAN
+38.32%
vs the sector median at left
Zillow Group, Inc. Class C
Market Cap
$7.39B
Gross Margin
73.31%
TTM Avg
74.03%
3Y Avg
76.10%
5Y Avg
77.96%
Market Cap
$8.93B
Gross Margin
34.77%
TTM Avg
30.88%
3Y Avg
28.75%
5Y Avg
28.75%
Market Cap
$13.54B
Gross Margin
51.53%
TTM Avg
51.73%
3Y Avg
57.27%
5Y Avg
51.51%
Market Cap
$376.04M
Gross Margin
81.86%
TTM Avg
81.77%
3Y Avg
81.72%
5Y Avg
82.00%
Market Cap
$15.02B
Gross Margin
100.00%
TTM Avg
100.00%
3Y Avg
100.00%
5Y Avg
100.00%
Market Cap
$16.62B
Gross Margin
46.32%
TTM Avg
46.14%
3Y Avg
43.65%
5Y Avg
41.75%
| NAME | MARKET CAP | GROSS MARGIN | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Zillow Group, Inc. Class C (Z) | $7.39B | 73.31% | 74.03% | 76.10% | 77.96% |
| Snap Inc. (SNAP)vs › | $7.36B | 55.77% | 54.41% | 55.87% | 55.63% |
| Match Group, Inc. (MTCH)vs › | $8.84B | 73.80% | 72.16% | 71.46% | 71.86% |
| Paramount Skydance Corporation Class B Common Stock (PSKY)vs › | $8.93B | 34.77% | 30.88% | 28.75% | 28.75% |
| TKO Group Holdings, Inc. (TKO)vs › | $13.54B | 51.53% | 51.73% | 57.27% | 51.51% |
| Fiverr International Ltd. (FVRR)vs › | $376.04M | 81.86% | 81.77% | 81.72% | 82.00% |
| Pinterest, Inc. (PINS)vs › | $14.72B | 79.86% | 79.75% | 78.19% | 77.61% |
| News Corporation (NWSA)vs › | $15.02B | 100.00% | 100.00% | 100.00% | 100.00% |
| Charter Communications, Inc. (CHTR)vs › | $16.62B | 46.32% | 46.14% | 43.65% | 41.75% |
| Roku, Inc. (ROKU)vs › | $21.06B | 44.19% | 43.84% | 44.37% | 45.65% |
Gross Margin
73.3%
(Revenue - COGS) / Revenue
Gross Margin = Gross Profit / Revenue
Gross margin is the percentage of revenue remaining after the cost of goods sold, reflecting core product profitability.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
| DATE | GROSS MARGIN |
|---|---|
| 2026-03-31 | 73.31% |
| 2025-12-31 | 72.78% |
| 2025-09-30 | 72.63% |
| 2025-06-30 | 74.66% |
| 2025-03-31 | 76.76% |
| 2024-12-31 | 75.81% |
| 2024-09-30 | 75.90% |
| 2024-06-30 | 77.27% |
| 2024-03-31 | 76.75% |
| 2023-12-31 | 75.74% |
| 2023-09-30 | 77.82% |
| 2023-06-30 | 79.45% |
| 2023-03-31 | 80.38% |
| 2022-12-31 | 79.54% |
| 2022-09-30 | 81.57% |
| 2022-06-30 | 80.75% |
| 2022-03-31 | 82.84% |
| 2021-12-31 | 82.24% |
| 2021-09-30 | 85.09% |
| 2021-06-30 | 41.10% |
| 2021-03-31 | 41.63% |
| 2020-12-31 | 59.77% |
| 2020-09-30 | 62.88% |
| 2020-06-30 | 39.99% |
| 2020-03-31 | 32.35% |
| 2019-12-31 | 35.42% |
| 2019-09-30 | 46.35% |
| 2019-06-30 | 54.76% |
| 2019-03-31 | 66.67% |
| 2018-12-31 | 81.53% |
| 2018-09-30 | 89.31% |
| 2018-06-30 | 92.15% |
| 2018-03-31 | 92.02% |
| 2017-12-31 | 92.01% |
| 2017-09-30 | 92.14% |
| 2017-06-30 | 92.41% |
| 2017-03-31 | 91.77% |
| 2016-12-31 | 91.36% |
| 2016-09-30 | 91.87% |
| 2016-06-30 | 91.74% |
| 2016-03-31 | 91.15% |
| 2015-12-31 | 91.08% |
| 2015-09-30 | 90.69% |
| 2015-06-30 | 90.05% |
| 2015-03-31 | 89.77% |
| 2014-12-31 | 90.44% |
| 2014-09-30 | 91.34% |
| 2014-06-30 | 91.37% |
| 2014-03-31 | 90.69% |
| 2013-12-31 | 90.97% |
| 2013-09-30 | 90.40% |
| 2013-06-30 | 90.85% |
| 2013-03-31 | 89.40% |
| 2012-12-31 | 88.92% |
| 2012-09-30 | 88.65% |
| 2012-06-30 | 88.24% |
| 2012-03-31 | 85.33% |
| 2011-12-31 | 85.11% |
| 2011-09-30 | 83.82% |
| 2011-06-30 | 82.88% |
| 2011-03-31 | 83.86% |
| 2010-12-31 | 86.15% |
| 2010-09-30 | 84.65% |
| 2010-06-30 | 83.34% |
| 2010-03-31 | 78.20% |
