CoStar Group (CSGP) Earnings Date & Reports

CoStar Group posted revenue of $897 million for the quarter ended March 31, 2026, up 23% from $732 million in Q1 2025, aligning closely with consensus expectations around $897.5 million. GAAP net income swung to $3 million, or $0.01 per diluted share, from a $15 million loss. Adjusted net income reached $94 million, up 49%, driving adjusted EPS to $0.23, a 53% improvement that beat analyst forecasts.

Adjusted EBITDA hit $132 million, doubling from $66 million and topping prior guidance by 26% at the midpoint, with a 15% margin. Segment-wise, commercial real estate revenue grew 15% to $472 million (Adjusted EBITDA $161 million), while residential surged 32% to $425 million despite a $29 million Adjusted EBITDA loss from investments. Net new bookings rose 20% to $67 million, signaling sales momentum.

The company issued Q2 guidance for revenue of $922-$932 million and Adjusted EBITDA of $160-$180 million, alongside reaffirmed FY2026 revenue of $3.78-$3.82 billion but raised Adjusted EBITDA to $780-$820 million.

AI Screener

Tickeron’s AI Screener is an AI-powered stock and ETF discovery tool that helps traders and investors filter the market based on technical patterns, fundamentals, trends, volatility, and AI-driven signals. Users can scan thousands of stocks and ETFs using customizable filters such as industry, market capitalization, technical indicators, price patterns, and performance metrics. The screener identifies trade ideas, trending stocks, breakout candidates, and market opportunities more efficiently than manual screening. Explore it today to enhance your research process.

Market Reaction and Investor Sentiment

Following the April 28 after-market release, CSGP shares showed a modest 0.19% gain in after-hours trading, extending slightly higher into April 29 midday around $36.33, up from the prior close of $36.23. Investors appeared encouraged by the EPS beat, EBITDA surge, and raised guidance, offsetting the minor revenue shortfall. Sentiment focuses on residential investments yielding traffic and bookings growth, though profitability in that segment remains a watch point amid ongoing spending.

Forward Outlook and Key Factors to Monitor

CoStar Group's outlook emphasizes continued double-digit revenue expansion, with FY2026 revenue guided at $3.78-$3.82 billion, implying 17% growth at the midpoint. The raised Adjusted EBITDA range of $780-$820 million signals accelerating margins from 15% in Q1 toward 21% for the year, driven by scale in core commercial services and residential ramp-up.

Key to watch: residential performance, where Q2 revenue is projected at 32-34% growth but breakeven Adjusted EBITDA. Homes.com's AI tools, including the new app and Smart Search on Apartments.com, boosted Q1 traffic 119%; sustained user engagement and membership growth beyond 35,000 will be critical. Net new bookings trajectory, up 20% in Q1, could indicate sales force productivity amid economic headwinds in real estate.

Broader factors include commercial leasing demand, interest rate impacts on multifamily, and execution on $700 million share repurchases planned for 2026. Investors should track Q2 results in late July for progress on these themes, alongside any updates on AI integrations or marketplace expansions.

Disclaimer

The information on this webpage is provided for general informational and educational purposes only and is not intended as investment advice, a recommendation to purchase or sell any security, or an offer or solicitation related to investments. It does not consider your personal financial situation, goals, or risk profile, and all investing carries inherent risks, including the possibility of losing your entire investment. For more details, please review our full disclaimer. Disclaimers and Limitations