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CoStar Group — Q3 2026 Earnings Summary

  • Revenue reached $952 million, up 14% year-over-year, while net income swung to a $74 million profit from a $31 million loss the prior year; Adjusted EBITDA doubled to a record $229 million.
  • Full-year 2026 guidance was raised across the board: Adjusted EBITDA to $820–$840 million, revenue to $3.75–$3.77 billion, and Adjusted EPS to $1.38–$1.41.
  • The company deployed significant capital for growth and shareholder returns, utilizing $789 million for acquisitions (including Zonda and an agreement for Vexcel) and $668 million for stock repurchases over the nine-month period.
  • Residential Real Estate Adjusted EBITDA turned profitable at $49 million compared to a $69 million loss in the prior year, while management targets an additional $200 million in cost savings over the next 12 to 18 months.
Company
COSTAR GROUP INC
Sector
Real Estate
Industry
Real Estate Services