Zillow ends Q4 on a 10-year high with $3 million in net income. Quarterly revenue up 18% to $654 million, Adjusted EBITDA at $149 million. For-sale business revenue up 11% to $475 million, Mortgages revenue up 39% to $57 million. Traffic up 8% to 221 million unique users.

CEO Jeremy Wacksman praises Zillow’s strategy execution despite a flat housing market. Strong financial results follow lawsuits from Compass and CoStar, as well as FTC scrutiny. Judge denies Compass’ request to halt Zillow’s listing policy. CoStar and FTC also filed suits against Zillow over copyright infringement and collusion allegations.

Despite ongoing lawsuits, Wacksman remains confident. Zillow’s rentals business sees 45% revenue growth to $168 million in Q4. Rentals market share estimated at 63% in 2025, up from 54% the previous year. Wacksman sees rentals business as a billion-dollar annual revenue opportunity.

Read more at Yahoo Finance: Zillow turned fourth-quarter profit despite lawsuits, flat housing market