Key facts
- Realtor.com recorded $167 million in revenue in fiscal Q4 2026, a 13% year-over-year increase.
- This is Realtor.com's seventh consecutive quarter of revenue growth.
- Move's total revenue for fiscal year 2026 was $610 million, up 11% annually.
- The company attributes growth to premium offerings like RealPRO Select and AI innovations.
- Realtor.com averaged nearly 300 million monthly visits in the quarter, holding a 33% market share.
- News Corp's quarterly revenue rose 11% to $2.34 billion, with net income up 167% to $230 million.
Move, the parent company of Realtor.com, announced that its investments in premium offerings, such as RealPRO Select, are yielding positive results, contributing to a sustained revenue climb. In the fourth quarter of fiscal year 2026, Realtor.com generated $167 million in revenue, a 13% increase year-over-year, marking its seventh consecutive quarter of growth. This performance was detailed during News Corp's fiscal year 2026 fourth quarter earnings call.
Robert Thomson, CEO of News Corp, stated that the success is driven by expanded premium offerings, optimized yield, a focus on high-quality leads, AI-inspired product innovation, and dedicated assistance for buyers, sellers, and Realtors. He also emphasized Realtor.com's role as a leading source for residential property news. For the full fiscal year 2026, Move's revenue reached $610 million, an 11% annual increase, primarily due to higher sales of RealPRO Select as the company shifts focus to premium offerings and growth in seller, new homes, and rentals segments.
Damian Eales, CEO of Move, highlighted the expansion of AI capabilities with the launch of RealAssist AI and updates to homeownership tools, including buyer demand signals and a buying power calculator on the My Home dashboard. Realtor.com averaged nearly 300 million monthly visits in the quarter, capturing 33% market share according to ComScore data, significantly outpacing competitors like Homes.com and Redfin. The platform also showed industry-leading engagement with an average of 5.5 visits per unique user. However, internal Move data indicated a 6% annual decrease in average monthly unique users, attributed to macroeconomic trends and a focus on higher quality leads.
Eales also mentioned Realtor.com's agreements to share 'coming soon' listings with eXp Realty and syndicated Zillow Preview listings. He reiterated the company's commitment to an open marketplace built on transparency and broad access. News Corp as a whole reported $2.34 billion in quarterly revenue, an 11% increase, driven by its Digital Real Estate Services, Book Publishing, and Dow Jones segments. The company's net income surged 167% to $230 million compared to the previous year.