ZILLOW GROUP, INC.
Income Statement
| Line Item | FY2017 | FY2016 | FY2015 | FY2014 | FY2013 |
|---|---|---|---|---|---|
| Revenue | $1.08B | $846.6M | $644.7M | $325.9M | $197.5M |
| Cost of Revenue | $85.2M | $69.3M | $60.1M | $29.5M | $18.8M |
| Gross Profit | $991.6M | $777.3M | $584.6M | $296.4M | $178.7M |
| Gross Margin | 92.1% | 91.8% | 90.7% | 91.0% | 90.5% |
| Operating Expenses | |||||
| Research & Development | $320.0M | $255.6M | $184.5M | $84.7M | $48.5M |
| SG&A Expense | $210.8M | $332.0M | $185.0M | $65.5M | $37.9M |
| Operating Income | $-161.9M | $-192.9M | $-149.5M | $-44.7M | $-16.9M |
| Operating Margin | -15.0% | -22.8% | -23.2% | -13.7% | -8.6% |
| Interest Expense | $27.5M | $7.4M | $5.5M | — | — |
| Pretax Income | $-184.0M | $-220.3M | $-153.5M | $-43.6M | $-16.6M |
| Income Tax Expense | $-89.6M | $130.0K | $-4.6M | — | $-4.1M |
| Net Income | $-94.4M | $-220.4M | $-148.9M | $-43.6M | $-12.5M |
| Net Margin | -8.8% | -26.0% | -23.1% | -13.4% | -6.3% |
| EPS (Basic) | $-0.51 | $-1.22 | $-0.88 | $-0.36 | $-0.12 |
| EPS (Diluted) | $-0.51 | $-1.22 | $-0.88 | $-0.36 | $-0.12 |
| Shares Outstanding (Basic) | — | — | — | — | — |
| Shares Outstanding (Diluted) | — | — | — | — | — |
| Dividends Per Share | — | — | — | — | — |