CoStar FY26 Q2 net income rises to $55 million year over year; revenue climbs 18% to $925 million

Reuters2026/07/28 20:04

By:Reuters

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CoStar Group Q2 2026 revenue rose 18% to $925 million, while GAAP net income climbed to $55 million and diluted EPS increased to $0.14.
GAAP EBITDA more than doubled year-over-year to $157 million; non-GAAP adjusted EBITDA more than doubled to $184 million.
Operating cost growth was held to 2%, while residential segment non-GAAP adjusted EBITDA turned positive for the first time, a $41 million improvement from Q1.
Launched Apartments.com Ai in June; users logged more than 500,000 AI sessions within weeks, lifting traffic-to-lead conversion 256% and 3D tour usage 224%.
2026 outlook: revenue $3.715 billion-$3.755 billion, non-GAAP adjusted EBITDA $780 million-$820 million, non-GAAP adjusted EPS $1.32-$1.39.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. CoStar Group Inc. published the original content used to generate this news brief via Business Wire (Ref. ID: 202607281603BIZWIRE_USPR_____20260728_BW790780) on July 28, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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CoStar FY26 Q2 net income rises to $55 million year over year; revenue climbs 18% to $925 million

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