Zillow Group reports Q2 2026 results, names new COO/CFO and chief legal officer

What happened

Zillow Group, a real estate technology company that operates Zillow, Trulia and other home-shopping platforms, released its financial results for the quarter ended June 30, 2026 on August 5. The results were disclosed in a press release and a shareholder letter furnished as exhibits to a Form 8-K filed with the SEC. The filing does not include the actual numbers from the release, but the company reported that it issued the materials.

Separately, the company announced several executive changes in the same filing. Jeremy Hofmann, who was already Chief Financial Officer, was appointed Chief Operating Officer & Chief Financial Officer, effective August 4. Cassandra Knight was appointed Chief Legal and Policy Officer, effective August 10. Jun Choo is departing from his role as Chief Operating Officer immediately and will remain employed through a transition period ending December 31, 2026.

Zillow's Class C capital stock, which trades under the ticker Z, closed at $33.61 on August 5, up 0.54% from the prior close of $33.43.

Executive changes and compensation

Jeremy Hofmann adds the COO title to his existing CFO role. His annual base salary was increased to $900,000, effective August 9, 2026.

Cassandra Knight joins from Google, where she was Vice President, Litigation and Discovery. Her compensation includes an annual base salary of $750,000, a $1.5 million sign-on bonus payable in four quarterly installments, and a new hire equity award initially valued at $4.75 million in the form of restricted stock units or stock options. The first quarter of the bonus is earned on her start date; the remaining quarters are subject to continued employment through May 2027.

Jun Choo will receive his current base salary and continued vesting of equity awards during the transition period, which ends December 31, 2026 or earlier if his employment terminates. After separation, he will get accelerated vesting of equity awards that would have vested in the following 12 months, six months of continued medical benefits, and six months of base salary continuation, all conditional on signing a departure agreement.

What this means

A Form 8-K is a current report that public companies must file with the SEC to announce major events that shareholders should know about. Item 2.02 requires companies to disclose results of operations — typically an earnings release. However, the information under Item 2.02 is 'furnished' rather than 'filed', which means the company is not making it part of its official SEC record for liability purposes (it is not automatically incorporated into future filings).

Item 5.02 covers departures of directors or officers and the appointment of new officers, including their compensation arrangements. This item requires a description of any material changes to the company's leadership and the terms of the new appointments.

The executive changes add operating responsibility to the CFO (Hofmann) and bring in a new legal chief (Knight) from outside the company. Choo's departure is structured as a transition period followed by severance benefits typical of a planned executive exit.

Because the actual earnings numbers are not quoted in the filing, this report can only confirm that results were released. Investors looking for the specific financial figures would need to read the furnished press release and shareholder letter.