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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
Income Statement — Q1 FY2026 vs Q4 FY2025
| Metric | ||
|---|---|---|
| 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.
| 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 |
| 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 |
| 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% |
| 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% |
| 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% |
| 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 | ||
|---|---|---|
| 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.
| 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 |
| 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 |
| 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 | ||
|---|---|---|
| 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.
| 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 |
| 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 |
| 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% |
| 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% |
| 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
Segment breakdown not available.
ZG
| Residential Revenue | $418.0M | 64% |
| Rental Revenue | $168.0M | 26% |
| Mortgage Revenue | $57.0M | 9% |
| Display Advertising And Other Revenue | $11.0M | 2% |