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Costar Group (CSGP) Q2 FY2026 earnings: revenue $925 million, up 18.4% on the year

Costar Group, Inc. (CSGP) reported revenue of $925 million for Q2 FY2026, the quarter ended 30 June 2026, up 18.4% on the same quarter a year earlier. Net income was $55 million, up 816.7% on the year, and diluted earnings per share $0.14. The figures are the company's own, from the 10-Q it filed with the SEC on 29 July 2026.

Revenue
$925 million
+18.4% on the year · +3.1% on the quarter
Q3 FY2024Q2 FY2026
Operating margin
8.2%
-3.5% a year earlier
Q3 FY2024Q2 FY2026
Net income
$55 million
+816.7% on the year · +1,733.3% on the quarter
Q3 FY2024Q2 FY2026
Diluted EPS
$0.14
+1,300.0% on the year · +1,300.0% on the quarter
Q3 FY2024Q2 FY2026

this quarterthe same quarter a year earlierHover a bar for its figure.

What management said

Guidance figures: 2 raised, 3 lowered, 3 new, 4 kept.

  • Revenue up 18% year-over-year: Revenue was $925 million, up from $781 million a year earlier. The company reported its 61st consecutive quarter of double-digit revenue growth.
  • Adjusted EBITDA more than doubled: Adjusted EBITDA was $184 million, up from $85 million. EBITDA was $157 million against $29 million. Operating cost growth was held to 2%.
  • Residential Adjusted EBITDA turned positive: Residential Adjusted EBITDA was $12 million against negative $76 million a year earlier and negative $29 million in the first quarter. Residential revenue was $444 million, up from $335 million.
Read the earnings call summary

Income statement (profit and loss)

$ millionQ2 FY2026Q1 FY2026Q2 FY2025On the quarterOn the yearLast 8 quarters
Revenue925897781+3.1%+18.4%
Cost of revenue197196168+0.5%+17.4%
Gross profit728701614+3.9%+18.7%
Gross margin78.7%78.1%78.5%
Operating income76.03.0-27.0+2,433.3%
Operating margin8.2%0.3%-3.5%
Interest expense12.04.05.0+200.0%+140.0%
Pre-tax income74.012.022.0+516.7%+236.4%
Income tax19.09.016.0+111.1%+18.8%
Effective tax rate25.7%75.0%72.7%
Net income55.03.06.0+1,733.3%+816.7%
Net margin5.9%0.3%0.8%
Diluted EPS$0.14$0.01$0.01+1,300.0%+1,300.0%
$ million except per share.
Read moreFree cash flow is operating cash flow less capital expenditure; the effective tax rate is income tax over pre-tax income; margins are the line over revenue. Gross profit is revenue less cost of revenue, and operating income is revenue less the company's own total costs, where the statement does not print those lines. Those four are arithmetic on the filed numbers; everything else is as filed. Money is in $ million as the company files it, or in $ billion by the switch above the tables; per share figures and share counts are as they are. A quarter marked † is shown as the company last restated it in a later filing, so it compares with the quarters around it on one basis; rest on a figure for the one first filed. EPS is as filed.

Cash flow

$ millionQ2 FY2026Q1 FY2026Q2 FY2025On the quarterOn the yearLast 8 quarters
Operating cash flow115152146-24.3%-21.5%
Capital expenditure38.045.0119-15.6%-68.0%
Free cash flow77.010727.7-28.0%+178.0%
Free cash flow margin8.3%11.9%3.5%
Cash from investing-56.0-54.0-151
Cash from financing-108-514-51.1
Depreciation and amortisation85.082.065.5+3.7%+29.8%
Share-based compensation38.042.052.0-9.5%-26.9%
Buybacks82.050545.3-83.8%+81.0%
Diluted shares, weighted404m414m424m-2.3%-4.7%
Shares outstanding at period end405m408m424m-0.8%-4.4%

Cash flow lines for the quarter; where the company files them year to date, the quarter is the difference between two filings.

Balance sheet

$ millionQ2 FY2026Q1 FY2026Q2 FY2025On the quarterOn the yearLast 8 quarters
Shareholders' equity7,9327,9138,601+0.2%-7.8%
Non-controlling interest13.038.0n/a-65.8%
Debt1,0001,0001,0000.0%0.0%
Operating lease liabilities12811587.4+11.3%+46.5%
Finance lease liabilities3.04.07.9-25.0%-62.0%
Other liabilities1,0631,094810-2.8%+31.2%
Total liabilities and equity10,13910,16410,507-0.2%-3.5%
Fixed assets841n/a1,207-30.3%
Goodwill4,9814,9753,690+0.1%+35.0%
Intangible assets1,6691,731916-3.6%+82.3%
Cash and equivalents1,2661,2153,629+4.2%-65.1%
Receivables253269204-5.9%+24.1%
Inventory20.014.07.2+42.9%+177.8%
Other assets1,1091,960856-43.4%+29.6%
Total assets10,13910,16410,507-0.2%-3.5%

Questions

What was Costar Group's revenue in Q2 FY2026?

Costar Group (CSGP) reported revenue of $925 million for Q2 FY2026, the quarter ended 30 June 2026, up 18.4% on the same quarter a year earlier.

How much did Costar Group earn in Q2 FY2026?

Net income for Q2 FY2026 was $55 million, up 816.7% on the year, and diluted earnings per share $0.14.

When did Costar Group report Q2 FY2026 results?

Costar Group filed its 10-Q for the quarter ended 30 June 2026 with the SEC on 29 July 2026.

Quarterly results, the last 20 quarters

Q4 FY2021 *Q1 FY2022Q2 FY2022Q3 FY2022Q4 FY2022 *Q1 FY2023 †Q2 FY2023 †Q3 FY2023Q4 FY2023 * †Q1 FY2024Q2 FY2024Q3 FY2024Q4 FY2024 *Q1 FY2025 †Q2 FY2025 †Q3 FY2025 †Q4 FY2025 * †Q1 FY2026Q2 FY2026Q3 FY2026
Revenue507516536557573584606625640656678693709732781834900897925952
Cost of revenue86.395.5101108109119112124136141136141141153168172193196197211
Gross profit420420435449464465494501504515542552568579614661707701728741
Gross margin83%81%81%81%81%80%81%80%79%78%80%80%80%79%79%79%79%78%79%78%
Operating income14012811085.312772.279.161.669.3-42.8-16.123.739.9-43.0-27.0-51.149.13.076.084.0
Operating margin28%25%21%15%22%12%13%10%11%-7%-2%3%6%-6%-3%-6%5%0%8%9%
Interest expense8.18.18.18.18.18.68.17.27.57.37.46.36.46.05.04.04.04.012.09.0
Pre-tax income13312110897.416011613212013311.535.977.785.0-7.022.0-46.060.912.074.084.0
Tax rate30%26%23%26%22%25%24%25%27%42%47%32%30%n/a73%n/a23%75%26%12%
Net income92.989.383.572.312487.110190.696.56.719.253.059.8-15.06.0-31.046.53.055.074.0
Net margin18%17%16%13%22%15%17%14%15%1%3%8%8%-2%1%-4%5%0%6%8%
Diluted EPSn/a$0.23$0.21$0.18$0.31$0.21$0.25$0.22$0.24$0.02$0.05$0.13$0.15-$0.04$0.01-$0.07$0.12$0.01$0.14$0.18
Operating cash flow15113181.481.518512317542.614914058.110094.653.014668.2162152115188
Capital expenditure0.10.025.75.93.615.729.916.255.737772.860.169.454.011973.760.845.038.051.0
Free cash flow15013155.775.618110814526.492.8-237-14.740.225.2-1.027.7-5.510110777.0137
Buybacksn/an/an/an/an/an/an/an/an/a0.00.00.00.019.045.351.238550582.081.0
Shares outstanding395m396m396m407m407m409m408m408m408m408m410m410m410m422m424m424m418m408m405m402m
Filing10-K10-Q10-Q10-Q10-K10-Q10-Q10-Q10-K10-Q10-Q10-Q10-K10-Q10-Q10-Q10-K10-Q10-Q10-Q
Each quarter as filed, linked to its filing.
Read more* The fourth quarter is the full year less the first three quarters, because the company files the year and not the quarter on its own. A fourth quarter's EPS, and its diluted share count where shown, are from the company's results press release for that quarter, checked against the company's filed figures or a second data source. A blank figure marked on a quarter is one the filings do not give on their own: the quarters as filed do not add to the year the company filed, or the year and its quarters stand on different share counts. Each quarter's page says which. A quarter marked † is shown as the company last restated it in a later filing, so it compares with the quarters around it on one basis; rest on a figure for the one first filed. EPS is as filed. Money is in $ million as the company files it, or in $ billion by the switch above the tables; per share figures and the share count are as they are. Free cash flow is operating cash flow less capital expenditure; the effective tax rate is income tax over pre-tax income; margins are the line over revenue. Gross profit is revenue less cost of revenue, and operating income is revenue less the company's own total costs, where the statement does not print those lines. Cash flow lines filed year to date are the difference between two filings. Shares outstanding are at the period end where the balance sheet tags them, otherwise the count on the filing's cover page. A derived fourth-quarter EPS is left blank when a split in the year makes the arithmetic meaningless.

10-Q for the period ended 30 June 2026, filed 29 July 2026: the filing.