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Side-by-side financial comparison of AMDOCS LTD (DOX) and ZILLOW GROUP, INC. (ZG). Click either name above to swap in a different company.

AMDOCS LTD is the larger business by last-quarter revenue ($1.3B vs $654.0M, roughly 1.9× ZILLOW GROUP, INC.). AMDOCS LTD runs the higher net margin — 11.2% vs 0.5%, a 10.8% gap on every dollar of revenue. On growth, ZILLOW GROUP, INC. posted the faster year-over-year revenue change (18.1% vs 1.1%). Over the past eight quarters, ZILLOW GROUP, INC.'s revenue compounded faster (11.2% CAGR vs 4.5%).

Amdocs Limited is a multinational telecommunications technology company headquartered in Chesterfield, Missouri. The company specializes in software and services for communications, media and financial services providers and digital enterprises. Amdocs was founded in 1982 and is publicly traded on the Nasdaq stock exchange.

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.

DOX vs ZG — Head-to-Head

Bigger by revenue
DOX
DOX
1.9× larger
DOX
$1.3B
$654.0M
ZG
Growing faster (revenue YoY)
ZG
ZG
+16.9% gap
ZG
18.1%
1.1%
DOX
Higher net margin
DOX
DOX
10.8% more per $
DOX
11.2%
0.5%
ZG
Faster 2-yr revenue CAGR
ZG
ZG
Annualised
ZG
11.2%
4.5%
DOX

Income Statement — Q3 FY2024 vs Q4 FY2025

Metric
DOX
DOX
ZG
ZG
Revenue
$1.3B
$654.0M
Net Profit
$140.3M
$3.0M
Gross Margin
72.8%
Operating Margin
14.1%
-1.7%
Net Margin
11.2%
0.5%
Revenue YoY
1.1%
18.1%
Net Profit YoY
-12.0%
105.8%
EPS (diluted)
$1.21
$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.

Revenue
DOX
DOX
ZG
ZG
Q4 25
$654.0M
Q3 25
$676.0M
Q2 25
$655.0M
Q1 25
$598.0M
Q4 24
$554.0M
Q3 24
$581.0M
Q2 24
$1.3B
$572.0M
Q1 24
$1.2B
$529.0M
Net Profit
DOX
DOX
ZG
ZG
Q4 25
$3.0M
Q3 25
$10.0M
Q2 25
$2.0M
Q1 25
$8.0M
Q4 24
$-52.0M
Q3 24
$-20.0M
Q2 24
$140.3M
$-17.0M
Q1 24
$118.5M
$-23.0M
Gross Margin
DOX
DOX
ZG
ZG
Q4 25
72.8%
Q3 25
72.6%
Q2 25
74.7%
Q1 25
76.8%
Q4 24
75.8%
Q3 24
75.9%
Q2 24
77.3%
Q1 24
76.7%
Operating Margin
DOX
DOX
ZG
ZG
Q4 25
-1.7%
Q3 25
-0.4%
Q2 25
-1.7%
Q1 25
-1.5%
Q4 24
-12.5%
Q3 24
-7.7%
Q2 24
14.1%
-6.6%
Q1 24
12.5%
-8.5%
Net Margin
DOX
DOX
ZG
ZG
Q4 25
0.5%
Q3 25
1.5%
Q2 25
0.3%
Q1 25
1.3%
Q4 24
-9.4%
Q3 24
-3.4%
Q2 24
11.2%
-3.0%
Q1 24
9.5%
-4.3%
EPS (diluted)
DOX
DOX
ZG
ZG
Q4 25
$0.01
Q3 25
$0.04
Q2 25
$0.01
Q1 25
$0.03
Q4 24
$-0.23
Q3 24
$-0.08
Q2 24
$1.21
$-0.07
Q1 24
$1.01
$-0.10

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
DOX
DOX
ZG
ZG
Cash + ST InvestmentsLiquidity on hand
$768.0M
Total DebtLower is stronger
Stockholders' EquityBook value
$4.9B
Total Assets
$5.7B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
DOX
DOX
ZG
ZG
Q4 25
$768.0M
Q3 25
$874.0M
Q2 25
$587.0M
Q1 25
$914.0M
Q4 24
$1.1B
Q3 24
$1.1B
Q2 24
$1.2B
Q1 24
$1.4B
Stockholders' Equity
DOX
DOX
ZG
ZG
Q4 25
$4.9B
Q3 25
$5.0B
Q2 25
$4.7B
Q1 25
$4.8B
Q4 24
$4.8B
Q3 24
$4.7B
Q2 24
$4.5B
Q1 24
$4.7B
Total Assets
DOX
DOX
ZG
ZG
Q4 25
$5.7B
Q3 25
$5.7B
Q2 25
$5.4B
Q1 25
$5.7B
Q4 24
$5.8B
Q3 24
$6.2B
Q2 24
$6.6B
Q1 24
$6.8B

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
DOX
DOX
ZG
ZG
Operating Cash FlowLast quarter
$72.0M
Free Cash FlowOCF − Capex
$44.0M
FCF MarginFCF / Revenue
6.7%
Capex IntensityCapex / Revenue
4.3%
Cash ConversionOCF / Net Profit
24.00×
TTM Free Cash FlowTrailing 4 quarters
$235.0M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
DOX
DOX
ZG
ZG
Q4 25
$72.0M
Q3 25
$105.0M
Q2 25
$87.0M
Q1 25
$104.0M
Q4 24
$122.0M
Q3 24
$171.0M
Q2 24
$55.0M
Q1 24
$80.0M
Free Cash Flow
DOX
DOX
ZG
ZG
Q4 25
$44.0M
Q3 25
$73.0M
Q2 25
$50.0M
Q1 25
$68.0M
Q4 24
$88.0M
Q3 24
$138.0M
Q2 24
$18.0M
Q1 24
$41.0M
FCF Margin
DOX
DOX
ZG
ZG
Q4 25
6.7%
Q3 25
10.8%
Q2 25
7.6%
Q1 25
11.4%
Q4 24
15.9%
Q3 24
23.8%
Q2 24
3.1%
Q1 24
7.8%
Capex Intensity
DOX
DOX
ZG
ZG
Q4 25
4.3%
Q3 25
4.7%
Q2 25
5.6%
Q1 25
6.0%
Q4 24
6.1%
Q3 24
5.7%
Q2 24
6.5%
Q1 24
7.4%
Cash Conversion
DOX
DOX
ZG
ZG
Q4 25
24.00×
Q3 25
10.50×
Q2 25
43.50×
Q1 25
13.00×
Q4 24
Q3 24
Q2 24
Q1 24

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

DOX
DOX

Segment breakdown not available.

ZG
ZG

Residential Revenue$418.0M64%
Rental Revenue$168.0M26%
Mortgage Revenue$57.0M9%
Display Advertising And Other Revenue$11.0M2%

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