CoStar Group reports 18% revenue and 817% net income increase
Adjusted EBITDA more than doubled to $184 million, residential segment turned positive, and Apartments.com Ai launched with strong early engagement.
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Commercial real estate information and analytics provider
costargroup.comLast updated
In short: CoStar reported strong Q2 2026 performance with 18% revenue growth and achieved its first-ever profitable quarter for the residential unit.
Adjusted EBITDA more than doubled to $184 million, residential segment turned positive, and Apartments.com Ai launched with strong early engagement.
He will lead global finance and drive margin expansion and profitable growth.
It brings commercial real estate data and analytics to the French market, covering office, logistics, and hospitality sectors.
The deal adds new home data and marketplace platforms to CoStar's portfolio, expected to close in H2 2026.
For the first time, CoStar's residential portfolio turned adjusted EBITDA positive, generating $12 million in profit.
William Blair downgraded CoStar (CSGP) to Market Perform after mixed Q2 results, citing Apartments.com competition and weak Homes.com growth—read key...
On October 13, 2023, CoStar Group (CSGP) was downgraded by Keefe, Bruyette & Woods from an...
CoStar (CSGP) Q2 2026 earnings call recap: revenue, EBITDA inflection, bookings, guidance cuts, Home...
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