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Side-by-side financial comparison of APOGEE ENTERPRISES, INC. (APOG) and ZILLOW GROUP, INC. (ZG). Click either name above to swap in a different company.
ZILLOW GROUP, INC. is the larger business by last-quarter revenue ($654.0M vs $348.6M, roughly 1.9× APOGEE ENTERPRISES, INC.). APOGEE ENTERPRISES, INC. runs the higher net margin — 4.7% vs 0.5%, a 4.3% gap on every dollar of revenue. On growth, ZILLOW GROUP, INC. posted the faster year-over-year revenue change (18.1% vs 2.1%). ZILLOW GROUP, INC. produced more free cash flow last quarter ($44.0M vs $22.9M). Over the past eight quarters, ZILLOW GROUP, INC.'s revenue compounded faster (11.2% CAGR vs -1.9%).
Apogee Electronics is an American manufacturer of audio interfaces, analog-to-digital and digital-to-analog converters, USB & iOS microphones, and audio production software.
Zillow Group, Inc., or simply Zillow, is an American tech real-estate marketplace company that was founded in 2006 by co-executive chairmen Rich Barton and Lloyd Frink, former Microsoft executives and founders of Microsoft spin-off Expedia; Spencer Rascoff, a co-founder of Hotwire.com; David Beitel, Zillow's current chief technology officer; and Kristin Acker, Zillow's current technology leadership advisor.
APOG vs ZG — Head-to-Head
Income Statement — Q3 FY2026 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $348.6M | $654.0M |
| Net Profit | $16.5M | $3.0M |
| Gross Margin | 23.8% | 72.8% |
| Operating Margin | 7.1% | -1.7% |
| Net Margin | 4.7% | 0.5% |
| Revenue YoY | 2.1% | 18.1% |
| Net Profit YoY | -21.2% | 105.8% |
| EPS (diluted) | $0.77 | $0.01 |
Green = leading value per metric. Periods may differ when fiscal calendars don't align.
8-Quarter Revenue & Profit Trend
Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.
| Q4 25 | $348.6M | $654.0M | ||
| Q3 25 | $358.2M | $676.0M | ||
| Q2 25 | $346.6M | $655.0M | ||
| Q1 25 | $345.7M | $598.0M | ||
| Q4 24 | $341.3M | $554.0M | ||
| Q3 24 | $342.4M | $581.0M | ||
| Q2 24 | $331.5M | $572.0M | ||
| Q1 24 | $361.8M | $529.0M |
| Q4 25 | $16.5M | $3.0M | ||
| Q3 25 | $23.6M | $10.0M | ||
| Q2 25 | $-2.7M | $2.0M | ||
| Q1 25 | $2.5M | $8.0M | ||
| Q4 24 | $21.0M | $-52.0M | ||
| Q3 24 | $30.6M | $-20.0M | ||
| Q2 24 | $31.0M | $-17.0M | ||
| Q1 24 | $15.7M | $-23.0M |
| Q4 25 | 23.8% | 72.8% | ||
| Q3 25 | 23.1% | 72.6% | ||
| Q2 25 | 21.7% | 74.7% | ||
| Q1 25 | 21.6% | 76.8% | ||
| Q4 24 | 26.1% | 75.8% | ||
| Q3 24 | 28.4% | 75.9% | ||
| Q2 24 | 29.8% | 77.3% | ||
| Q1 24 | 24.4% | 76.7% |
| Q4 25 | 7.1% | -1.7% | ||
| Q3 25 | 7.5% | -0.4% | ||
| Q2 25 | 2.0% | -1.7% | ||
| Q1 25 | 1.8% | -1.5% | ||
| Q4 24 | 8.4% | -12.5% | ||
| Q3 24 | 12.3% | -7.7% | ||
| Q2 24 | 12.5% | -6.6% | ||
| Q1 24 | 6.0% | -8.5% |
| Q4 25 | 4.7% | 0.5% | ||
| Q3 25 | 6.6% | 1.5% | ||
| Q2 25 | -0.8% | 0.3% | ||
| Q1 25 | 0.7% | 1.3% | ||
| Q4 24 | 6.1% | -9.4% | ||
| Q3 24 | 8.9% | -3.4% | ||
| Q2 24 | 9.4% | -3.0% | ||
| Q1 24 | 4.3% | -4.3% |
| Q4 25 | $0.77 | $0.01 | ||
| Q3 25 | $1.10 | $0.04 | ||
| Q2 25 | $-0.13 | $0.01 | ||
| Q1 25 | $0.12 | $0.03 | ||
| Q4 24 | $0.96 | $-0.23 | ||
| Q3 24 | $1.40 | $-0.08 | ||
| Q2 24 | $1.41 | $-0.07 | ||
| Q1 24 | $0.71 | $-0.10 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $41.3M | $768.0M |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | $512.3M | $4.9B |
| Total Assets | $1.1B | $5.7B |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $41.3M | $768.0M | ||
| Q3 25 | $39.5M | $874.0M | ||
| Q2 25 | $32.8M | $587.0M | ||
| Q1 25 | $41.4M | $914.0M | ||
| Q4 24 | $43.9M | $1.1B | ||
| Q3 24 | $51.0M | $1.1B | ||
| Q2 24 | $30.4M | $1.2B | ||
| Q1 24 | $37.2M | $1.4B |
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | $285.0M | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | $62.0M | — |
| Q4 25 | $512.3M | $4.9B | ||
| Q3 25 | $500.2M | $5.0B | ||
| Q2 25 | $481.8M | $4.7B | ||
| Q1 25 | $487.9M | $4.8B | ||
| Q4 24 | $522.1M | $4.8B | ||
| Q3 24 | $506.4M | $4.7B | ||
| Q2 24 | $480.0M | $4.5B | ||
| Q1 24 | $471.0M | $4.7B |
| Q4 25 | $1.1B | $5.7B | ||
| Q3 25 | $1.2B | $5.7B | ||
| Q2 25 | $1.2B | $5.4B | ||
| Q1 25 | $1.2B | $5.7B | ||
| Q4 24 | $1.2B | $5.8B | ||
| Q3 24 | $917.1M | $6.2B | ||
| Q2 24 | $889.0M | $6.6B | ||
| Q1 24 | $884.1M | $6.8B |
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | 0.58× | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | 0.13× | — |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | | |
|---|---|---|
| Operating Cash FlowLast quarter | $29.3M | $72.0M |
| Free Cash FlowOCF − Capex | $22.9M | $44.0M |
| FCF MarginFCF / Revenue | 6.6% | 6.7% |
| Capex IntensityCapex / Revenue | 1.9% | 4.3% |
| Cash ConversionOCF / Net Profit | 1.77× | 24.00× |
| TTM Free Cash FlowTrailing 4 quarters | $67.4M | $235.0M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $29.3M | $72.0M | ||
| Q3 25 | $57.1M | $105.0M | ||
| Q2 25 | $-19.8M | $87.0M | ||
| Q1 25 | $30.0M | $104.0M | ||
| Q4 24 | $31.0M | $122.0M | ||
| Q3 24 | $58.7M | $171.0M | ||
| Q2 24 | $5.5M | $55.0M | ||
| Q1 24 | $74.9M | $80.0M |
| Q4 25 | $22.9M | $44.0M | ||
| Q3 25 | $52.4M | $73.0M | ||
| Q2 25 | $-26.9M | $50.0M | ||
| Q1 25 | $19.1M | $68.0M | ||
| Q4 24 | $22.0M | $88.0M | ||
| Q3 24 | $50.2M | $138.0M | ||
| Q2 24 | $-1.8M | $18.0M | ||
| Q1 24 | $58.7M | $41.0M |
| Q4 25 | 6.6% | 6.7% | ||
| Q3 25 | 14.6% | 10.8% | ||
| Q2 25 | -7.8% | 7.6% | ||
| Q1 25 | 5.5% | 11.4% | ||
| Q4 24 | 6.4% | 15.9% | ||
| Q3 24 | 14.7% | 23.8% | ||
| Q2 24 | -0.5% | 3.1% | ||
| Q1 24 | 16.2% | 7.8% |
| Q4 25 | 1.9% | 4.3% | ||
| Q3 25 | 1.3% | 4.7% | ||
| Q2 25 | 2.1% | 5.6% | ||
| Q1 25 | 3.2% | 6.0% | ||
| Q4 24 | 2.6% | 6.1% | ||
| Q3 24 | 2.5% | 5.7% | ||
| Q2 24 | 2.2% | 6.5% | ||
| Q1 24 | 4.5% | 7.4% |
| Q4 25 | 1.77× | 24.00× | ||
| Q3 25 | 2.41× | 10.50× | ||
| Q2 25 | — | 43.50× | ||
| Q1 25 | 12.08× | 13.00× | ||
| Q4 24 | 1.48× | — | ||
| Q3 24 | 1.92× | — | ||
| Q2 24 | 0.18× | — | ||
| Q1 24 | 4.76× | — |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
APOG
| Transferred At Point In Time | $163.0M | 47% |
| Architectural Services Segment | $105.2M | 30% |
| Performance Surfaces | $53.0M | 15% |
| UW Interco LLC | $27.9M | 8% |
ZG
| Residential Revenue | $418.0M | 64% |
| Rental Revenue | $168.0M | 26% |
| Mortgage Revenue | $57.0M | 9% |
| Display Advertising And Other Revenue | $11.0M | 2% |
