CoStar Group guided third-quarter 2026 adjusted EBITDA to a range of $190 million to $210 million while revising its full-year 2026 revenue outlook to $3.715 billion to $3.755 billion. The company reported second-quarter revenue of $925 million, an 18% year-over-year increase, and adjusted EBITDA of $184 million, which more than doubled from the prior year and represented a 20% margin. Full-year adjusted EBITDA guidance was affirmed at $780 million to $820 million, and the revenue revision was attributed to restructuring at Ten-X, sales-force optimization at Homes.com, and a decision to maintain pricing integrity at Apartments.com. CoStar also announced a CFO transition, with Robin Rossmann succeeding Christian Lown, and reiterated that the pending Zonda acquisition is excluded from 2026 guidance.
CoStar Group IncCoStar raised Q3 2026 adjusted EBITDA guidance and revised 2026 revenue upward, with strong Q2 results showing 18% revenue growth and doubled EBITDA.