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Zillow Group, Inc. (ZG) Presents at Barclays 23rd Annual Global Technology Conference Transcript

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Zillow Group, Inc. (ZG) Barclays 23rd Annual Global Technology Conference December 11, 2025 2:35 PM EST

Company Participants

Jeremy Wacksman – CEO & Director

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Conference Call Participants

Trevor Young – Barclays Bank PLC, Research Division

Presentation

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Trevor Young
Barclays Bank PLC, Research Division

Okay. Great. I have the thumbs up there. So good morning, everyone. My name is Trevor Young. I’m one of the Internet analysts here at Barclays. I’m pleased to be hosting Jeremy Wacksman, CEO of Zillow Group. This is the first time that we’ve had you guys at the conference. So thank you for the opportunity.

Jeremy Wacksman
CEO & Director

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Absolutely. Happy to be here.

Question-and-Answer Session

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Trevor Young
Barclays Bank PLC, Research Division

So we’ll dive right in. First, let’s start with some high-level ones. Big picture, Zillow for a long time has been known for its brand and large audience. The big question has historically been how would you leverage into building a big, sustainable, profitable business from that audience. You’ve obviously been successful at executing on that. But can you bring us along and talk about where you are in that journey with the housing super app?

Jeremy Wacksman
CEO & Director

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Absolutely. Yes. Thanks for being here. Happy to be here. Thanks for having me. Zillow is the brand that everyone knows for shopping, right, for dreaming and shopping. And for the first kind of decade plus of our company, that’s really what we were. We were an advertising marketplace, right? We were a place to shop and start your home search, but we weren’t really a place to transact.

So the housing super app we talk about is really what our business strategy has been for the last 5-plus years, actually helping more buyers, renters and sellers transact, right? Use our software, use our loans, use the

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