CoStar reports higher Q2 revenue, income and EBITDA
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.
The company 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%.
CSGP•
