NasdaqGS:CSGPReal Estate
Does CoStar’s Strong Q1 and Homes.com Profit Momentum Reshape The Bull Case For CoStar Group (CSGP)?
In late April 2026, CoStar Group reported first-quarter 2026 revenue of US$897 million, up from US$732 million a year earlier, with net income of US$3 million versus a prior net loss, while reaffirming its full-year 2026 revenue outlook and projecting higher net income and diluted EPS.
Beneath the headline numbers, management highlighted rapid growth and monetization at Homes.com and a doubling of adjusted EBITDA, signaling improving profitability from recent residential and technology...