Altus announced Q2 2026 financial results
Growth led by ARGUS Intelligence and Valuation Management Solutions; revenue and recurring revenue rose 6%, EBITDA increased 34%, margins expanded 540 bps, EPS grew 36%, and FY2026 guidance raised.
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Commercial real estate technology and analytics provider
altusgroup.comLast updated
In short: Altus reported strong Q2 2026 financial results, raised its full-year outlook, and completed a $700-million divestiture of its tax unit.
Growth led by ARGUS Intelligence and Valuation Management Solutions; revenue and recurring revenue rose 6%, EBITDA increased 34%, margins expanded 540 bps, EPS grew 36%, and FY2026 guidance raised.
This acquisition integrates AI technology to connect lenders and valuers, improving efficiency, compliance, and decision-making in commercial real estate.
The definitive agreement with a Newmark affiliate is expected to close September 1, 2026, covering North American and Asia Pacific operations and about 335 employees.
Pawan Chhabra will step down and support transition; company reaffirms 2026 financial outlook.
Explore why Altus Group Limited's stock is sliding today, down 3.55%. Understand the implications of its recent acquisition and what this means for investors.
This acquisition follows the March 2026 acquisition by Newmark of Altus' Canadian Appraisal business.
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Altus Group Limited (TSE:AIF – Get Free Report) shot up 14.2% during mid-day trading on Friday after ATB Cormark Capital Markets raised their price target...
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