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Side-by-side financial comparison of FULTON FINANCIAL CORP (FULT) 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 $336.2M, roughly 1.9× FULTON FINANCIAL CORP). FULTON FINANCIAL CORP runs the higher net margin — 28.2% vs 0.5%, a 27.7% gap on every dollar of revenue. On growth, ZILLOW GROUP, INC. posted the faster year-over-year revenue change (18.1% vs 4.2%). Over the past eight quarters, ZILLOW GROUP, INC.'s revenue compounded faster (11.2% CAGR vs 0.2%).

Fulton Financial Corporation is an American regional financial services holding company, headquartered in Lancaster, Pennsylvania.

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.

FULT vs ZG — Head-to-Head

Bigger by revenue
ZG
ZG
1.9× larger
ZG
$654.0M
$336.2M
FULT
Growing faster (revenue YoY)
ZG
ZG
+13.9% gap
ZG
18.1%
4.2%
FULT
Higher net margin
FULT
FULT
27.7% more per $
FULT
28.2%
0.5%
ZG
Faster 2-yr revenue CAGR
ZG
ZG
Annualised
ZG
11.2%
0.2%
FULT

Income Statement — Q1 FY2026 vs Q4 FY2025

Metric
FULT
FULT
ZG
ZG
Revenue
$336.2M
$654.0M
Net Profit
$94.8M
$3.0M
Gross Margin
72.8%
Operating Margin
-1.7%
Net Margin
28.2%
0.5%
Revenue YoY
4.2%
18.1%
Net Profit YoY
1.9%
105.8%
EPS (diluted)
$0.55
$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
FULT
FULT
ZG
ZG
Q1 26
$336.2M
Q4 25
$336.0M
$654.0M
Q3 25
$334.6M
$676.0M
Q2 25
$324.1M
$655.0M
Q1 25
$318.4M
$598.0M
Q4 24
$319.6M
$554.0M
Q3 24
$317.7M
$581.0M
Q2 24
$334.7M
$572.0M
Net Profit
FULT
FULT
ZG
ZG
Q1 26
$94.8M
Q4 25
$99.0M
$3.0M
Q3 25
$100.5M
$10.0M
Q2 25
$99.2M
$2.0M
Q1 25
$93.0M
$8.0M
Q4 24
$68.6M
$-52.0M
Q3 24
$63.2M
$-20.0M
Q2 24
$95.0M
$-17.0M
Gross Margin
FULT
FULT
ZG
ZG
Q1 26
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%
Operating Margin
FULT
FULT
ZG
ZG
Q1 26
Q4 25
35.7%
-1.7%
Q3 25
38.2%
-0.4%
Q2 25
37.8%
-1.7%
Q1 25
36.1%
-1.5%
Q4 24
27.0%
-12.5%
Q3 24
25.1%
-7.7%
Q2 24
30.8%
-6.6%
Net Margin
FULT
FULT
ZG
ZG
Q1 26
28.2%
Q4 25
29.5%
0.5%
Q3 25
30.0%
1.5%
Q2 25
30.6%
0.3%
Q1 25
29.2%
1.3%
Q4 24
21.5%
-9.4%
Q3 24
19.9%
-3.4%
Q2 24
28.4%
-3.0%
EPS (diluted)
FULT
FULT
ZG
ZG
Q1 26
$0.55
Q4 25
$0.53
$0.01
Q3 25
$0.53
$0.04
Q2 25
$0.53
$0.01
Q1 25
$0.49
$0.03
Q4 24
$0.36
$-0.23
Q3 24
$0.33
$-0.08
Q2 24
$0.52
$-0.07

Balance Sheet & Financial Strength

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

Metric
FULT
FULT
ZG
ZG
Cash + ST InvestmentsLiquidity on hand
$768.0M
Total DebtLower is stronger
Stockholders' EquityBook value
$3.5B
$4.9B
Total Assets
$32.2B
$5.7B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
FULT
FULT
ZG
ZG
Q1 26
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
Stockholders' Equity
FULT
FULT
ZG
ZG
Q1 26
$3.5B
Q4 25
$3.5B
$4.9B
Q3 25
$3.4B
$5.0B
Q2 25
$3.3B
$4.7B
Q1 25
$3.3B
$4.8B
Q4 24
$3.2B
$4.8B
Q3 24
$3.2B
$4.7B
Q2 24
$3.1B
$4.5B
Total Assets
FULT
FULT
ZG
ZG
Q1 26
$32.2B
Q4 25
$32.1B
$5.7B
Q3 25
$32.0B
$5.7B
Q2 25
$32.0B
$5.4B
Q1 25
$32.1B
$5.7B
Q4 24
$32.1B
$5.8B
Q3 24
$32.2B
$6.2B
Q2 24
$31.8B
$6.6B

Cash Flow & Capital Efficiency

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

Metric
FULT
FULT
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
FULT
FULT
ZG
ZG
Q1 26
Q4 25
$304.5M
$72.0M
Q3 25
$116.1M
$105.0M
Q2 25
$91.7M
$87.0M
Q1 25
$703.0K
$104.0M
Q4 24
$416.6M
$122.0M
Q3 24
$-22.0M
$171.0M
Q2 24
$157.8M
$55.0M
Free Cash Flow
FULT
FULT
ZG
ZG
Q1 26
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
FCF Margin
FULT
FULT
ZG
ZG
Q1 26
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%
Capex Intensity
FULT
FULT
ZG
ZG
Q1 26
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%
Cash Conversion
FULT
FULT
ZG
ZG
Q1 26
Q4 25
3.08×
24.00×
Q3 25
1.16×
10.50×
Q2 25
0.92×
43.50×
Q1 25
0.01×
13.00×
Q4 24
6.07×
Q3 24
-0.35×
Q2 24
1.66×

Financial Flow Comparison

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

Revenue Breakdown by Segment

FULT
FULT

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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