# ZILLOW GROUP, INC. (Z) MD&A by fiscal year

Verbatim Item 7 Management's Discussion and Analysis sections from ZILLOW GROUP, INC.'s 10-K filings, one page per fiscal year. Extracted from SEC filings with the same bounded parser for every year. Filer text, not grepcent analysis or investment advice.

- [FY 2025 MD&A](/company/Z/mda/fy2025/): filed 2026-02-11; accession 0001617640-26-000015 (https://www.sec.gov/Archives/edgar/data/1617640/000161764026000015/z-20251231.htm); latest 10-K
- [FY 2024 MD&A](/company/Z/mda/fy2024/): filed 2025-02-11; accession 0001617640-25-000016 (https://www.sec.gov/Archives/edgar/data/1617640/000161764025000016/z-20241231.htm)
- [FY 2023 MD&A](/company/Z/mda/fy2023/): filed 2024-02-15; accession 0001617640-24-000022 (https://www.sec.gov/Archives/edgar/data/1617640/000161764024000022/z-20231231.htm)
- [FY 2022 MD&A](/company/Z/mda/fy2022/): filed 2023-02-15; accession 0001617640-23-000010 (https://www.sec.gov/Archives/edgar/data/1617640/000161764023000010/z-20221231.htm)
- [FY 2021 MD&A](/company/Z/mda/fy2021/): filed 2022-02-10; accession 0001617640-22-000013 (https://www.sec.gov/Archives/edgar/data/1617640/000161764022000013/z-20211231.htm)

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