Zillow Group, Inc. filed a Form 8-K on August 24, 2026, disclosing that it and Redfin Corporation entered into a stipulated final order for equitable relief with the Federal Trade Commission and multiple state attorneys general on August 22, 2026, fully resolving previously disclosed antitrust litigation related to the Zillow-Redfin partnership.

Key Highlights

  • Antitrust case resolved: Zillow and Redfin entered into a stipulated final order for equitable relief with the FTC and the Attorneys General of Virginia, Arizona, Connecticut, New York, and Washington.
  • No admission of liability: According to the filing, the Order "contains no admission of liability or wrongdoing by Zillow."
  • Partnership continues: The Zillow-Redfin partnership will continue, and syndication of multifamily rental listings from Zillow to Redfin will remain intact through at least June 30, 2030, as provided in the existing agreement.
  • Agreement amended: The parties' agreement was amended to allow Zillow and Redfin to offer standalone multifamily advertising products in addition to the existing partnership.
  • Immaterial payment: Zillow and Redfin will pay the States an amount the filing characterizes as "immaterial" for reasonable fees and costs related to the litigation.
  • Outlook reaffirmed: In connection with these matters, the company disclosed it is reaffirming its third quarter, fourth quarter, and full year 2026 financial outlook previously provided in its Shareholder Letter furnished on August 5, 2026.

Zillow and Redfin Settle FTC Antitrust Litigation Under Court Order

According to the filing, on August 22, 2026, Zillow Group, Inc. and Redfin Corporation entered into a stipulated final order for equitable relief with the Federal Trade Commission and the Attorneys General of the Commonwealth of Virginia and the States of Arizona, Connecticut, New York, and Washington. The filing states the Order "fully resolves the FTC's and States' previously disclosed antitrust litigation related to the partnership between Zillow and Redfin." The Order was to be filed in the United States District Court for the Eastern District of Virginia on August 22, 2026, and is subject to entry by the court.

The filing discloses that under the terms of the Order, the Zillow-Redfin partnership will continue and the syndication of multifamily rental listings from Zillow to Redfin will remain intact through at least June 30, 2030, as provided in the existing agreement. The parties' agreement was also amended to, among other things, allow both companies to offer standalone multifamily advertising products in addition to the existing partnership arrangement. The filing further states that Zillow and Redfin will pay the States an "immaterial amount" for reasonable fees and costs related to the litigation.

Zillow Group's Class A Common Stock trades on the Nasdaq Global Select Market under the symbol NASDAQ:ZG, and its Class C Capital Stock trades on the same exchange under the symbol Z. The company also disclosed, via Item 7.01, that it is reaffirming its third quarter, fourth quarter, and full year 2026 financial outlook that was previously provided in a Shareholder Letter filed as an exhibit to a Form 8-K on August 5, 2026. The filing notes that this reaffirmation constitutes a forward-looking statement subject to the cautionary language included in the filing.

What Was Disclosed

Zillow Group disclosed the resolution of FTC and multi-state antitrust litigation through a stipulated final order entered with Redfin, with no admission of liability, the continuation of the Redfin partnership through at least June 30, 2030, an agreement amendment permitting standalone multifamily advertising, an immaterial payment to the States, and a reaffirmation of its 2026 financial outlook.