CoStar Group Reports Strong Q1 2026 Earnings with Adjusted EBITDA Growth
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Apr 29 2026
0mins
Should l Buy CSGP?
Source: seekingalpha
- Consistent Growth: CoStar Group achieved $897 million in revenue for Q1 2026, marking the 60th consecutive quarter of double-digit revenue growth, demonstrating the company's strong market performance and ongoing business expansion potential.
- Adjusted EBITDA Doubles: The first quarter's adjusted EBITDA reached $132 million, exceeding guidance by $17 million, primarily due to the implementation of AI and personnel cost-saving measures, reflecting the company's success in enhancing operational efficiency.
- Optimistic Future Outlook: The company expects Q2 2026 revenue to range between $922 million and $932 million, with adjusted EBITDA anticipated between $160 million and $180 million, showcasing confidence in future profitability.
- Share Repurchase Program: In Q1, CoStar repurchased 11.4 million shares for $505 million and plans to buy back an additional $195 million worth of shares over the remaining nine months, indicating the company's recognition of its value and commitment to shareholders.
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Analyst Views on CSGP
Wall Street analysts forecast CSGP stock price to rise
13 Analyst Rating
8 Buy
4 Hold
1 Sell
Moderate Buy
Current: 34.980
Low
48.00
Averages
74.92
High
101.00
Current: 34.980
Low
48.00
Averages
74.92
High
101.00
About CSGP
CoStar Group, Inc. is a provider of online real estate marketplaces, information, analytics, and three-dimensional (3D) digital twin technology in the property markets. The Company operates through two segments, which include Commercial Real Estate and Residential Real Estate. Its Commercial Real Estate segment offers commercial real estate information and analytics, online marketplaces, and 3D digital twin technology. Its brands include CoStar and LoopNet. Its CoStar offers subscription-based access to its platform of commercial real estate intelligence. Its LoopNet is a commercial real estate marketing site which enables property owners, landlords, and brokers to advertise properties for sale or lease on a site. Its Residential Real Estate segment hosts marketplaces which aggregate consumer demand for homes to rent or buy and sell marketing and leads to the agents, owners, landlords, and property management companies to reach consumers with offerings.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
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