CoStar Reports Q3 Revenue of $952 Million, Raises 2026 Outlook
CoStar Group reported third-quarter revenue of $952 million, above the FactSet estimate of $945.8 million. It forecast fourth-quarter revenue of $976 million to $996 million and adjusted EPS of $0.46 to $0.50, and raised its 2026 revenue outlook to $3.75 billion to $3.77 billion and adjusted EPS outlook to $1.38 to $1.41.
CoStar Group reported its third-quarter financial performance, with revenue reaching $952 million, surpassing the FactSet estimate of $945.8 million. Alongside these results, the company issued guidance for the fourth quarter, projecting revenue between $976 million and $996 million and adjusted EPS in the range of $0.46 to $0.50. Additionally, the company raised its full-year 2026 outlook, now expecting revenue between $3.75 billion and $3.77 billion and an adjusted EPS range of $1.38 to $1.41. These figures reflect the company's updated financial expectations for the remainder of the fiscal year.