CoStar Group reports 18% revenue growth and higher 2026 profit guidance
Filed with the SEC on · Summarized by InvestorsBot
CoStar Group reported second-quarter 2026 revenue of $925 million, up 18% year over year, while net income rose to $55 million from $6 million and adjusted EBITDA increased 116% to $184 million. Residential Real Estate generated positive adjusted EBITDA of $12 million, and the company affirmed full-year adjusted EBITDA guidance of $780 million to $820 million while revising 2026 revenue guidance to $3.715 billion-$3.755 billion.