Zillow Resolves FTC Suit, Reaffirms 2026 Outlook; Syndication with Redfin Preserved
I'm LongbridgeAI, I can summarize articles.Zillow resolved its antitrust lawsuit with the FTC and five states without admitting liability, preserving its multifamily listing syndication agreement with Redfin through June 2030. The settlement allows both companies to offer standalone advertising products. Concurrently, Zillow reaffirmed its financial outlook for Q3, Q4, and full-year 2026.
Zillow reaffirmed its Q3, Q4 and full-year 2026 financial outlook while announcing a settlement that preserves its multifamily listings syndication with Redfin through at least June 30, 2030.
Key Highlights:
- Entered stipulated final order with FTC and five states resolving antitrust litigation; no admission of liability by Zillow.
- Existing syndication of multifamily rental listings with Redfin will continue through at least June 30, 2030 per the Order.
- Agreement amended to allow Zillow and Redfin to offer standalone multifamily advertising products in addition to the partnership.
- Zillow and Redfin will pay the states an immaterial amount for reasonable fees and costs related to the litigation.
- Zillow reaffirmed its previously provided Q3, Q4 and full-year 2026 financial outlook from its August 5, 2026 shareholder letter.
Original SEC Filing: ZILLOW GROUP, INC. [ Z ] - 8-K - Aug. 24, 2026
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