CoStar Group reported financial results for the quarter ended June 30, 2026, announcing revenue of $925 million, an 18% increase year-over-year. Net income rose to $55 million, or $0.14 per diluted share, compared to $6 million in the prior year period. Adjusted EBITDA more than doubled to $184 million, up 116% year-over-year, driven by a 441% increase in EBITDA and a 2% increase in operating costs. The company affirmed its full-year 2026 Adjusted EBITDA guidance of $780 million to $820 million and revised its full-year revenue guidance to $3.715 billion to $3.755 billion. CoStar Group operates in the real estate technology industry, providing online marketplaces, information, analytics, and digital twin technology for property markets.
