CoStar Group Q4 Sales Jump 26.9% to $900M, Guidance Misses Next Quarter
CoStar Group reported Q4 CY2025 revenue of $900 million, a 26.9% year-on-year increase that topped analysts’ estimates by $7.8 million, and non-GAAP EPS of $0.31 beat forecasts by $0.04. However, Q1 revenue guidance of $895 million and FY2026 EPS guidance of $1.28 both fell short of analyst forecasts.
1. Q4 CY2025 Results
CoStar Group delivered Q4 revenue of $900 million, up 26.9% year-on-year and above the $892.2 million estimate. Adjusted EBITDA reached $177 million (19.7% margin) versus $157.8 million forecast, and non-GAAP EPS of $0.31 exceeded the $0.27 consensus.
2. Q1 and FY2026 Guidance
The company guided Q1 CY2026 revenue to $895 million, 0.6% below Street forecasts, and set full-year adjusted EPS at $1.28, missing estimates by 5%. EBITDA for FY2026 was forecast at $770 million versus $781.9 million consensus, signaling more moderate growth ahead.
3. Operating Margin Trends
CoStar’s Q4 operating margin held steady at 5.4%, matching last year’s level despite robust top-line growth. Stable margins suggest disciplined cost management, though full-year guidance points to continued investment and pressure on profitability.