CoStar Group, Inc. earnings overview

CSGP FY2026 Q1 · Calendar Q2 2026

CoStar Group, Inc.

CoStar Group entered FY2026 with strong momentum, posting 23% year-over-year revenue growth to $897 million and doubling adjusted EBITDA. The company beat consensus EPS estimates by approximately 32% and raised guidance for both FY2026 and FY2028 EBITDA and EPS, a shift from the prior quarter's maintained stance. Despite the beat-and-raise, the stock fell roughly 5% on the report at 2.7x normal volume and has continued to drift lower. Analyst concerns about a sequential decline in net bookings and the pace of sales-force productivity gains may help explain the disconnect between results and market reaction. At $28.38, the stock trades at a wide discount to the $40.10 consensus analyst target, reflecting the tension between management's confident growth narrative and the execution risk the market is pricing in.