CoStar Q2 revenue $925M (+18% YoY); net income $55M vs $6M; Adj EBITDA $184M (+116%)

COSTAR GROUP, INC.

Revenue $925M (+18% YoY); net income $55M ($0.14 EPS) vs $6M ($0.01) prior year.
Adjusted EBITDA $184M (+116% YoY); residential segment turned Adj EBITDA positive.
Full-year 2026 Adj EBITDA guidance raised to $780-820M (midpoint +$30M); revenue guidance revised to $3.715-3.755B.
Q2 net new bookings $69M (+3% QoQ); operating cost growth held to 2%.
Launched Apartments.com Ai; within weeks 500K+ AI sessions, 20-min avg, 2.8x longer engagement.

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