CoStar Group reported second-quarter 2026 adjusted earnings of 32 cents per share, up 88.2% year over year and surpassing the Zacks Consensus Estimate by 14.29%. Revenues increased 18.4% to $925 million, though they missed the consensus estimate by 0.43%. Commercial Real Estate revenues rose 7.8% to $481 million, while Residential Real Estate revenues climbed 33% to $444 million, with the residential segment turning adjusted EBITDA positive for the first time. Adjusted EBITDA more than doubled to $184 million, and the adjusted EBITDA margin expanded 900 basis points to 20%. For the full year, CoStar revised its revenue outlook to $3.715-$3.755 billion but affirmed adjusted EBITDA guidance of $780-$820 million.
CoStar Group IncCoStar reported Q2 earnings beat with 88.2% EPS growth and raised full-year revenue guidance.
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