Quarterly ResultApr 29, 2026, 04:38 PM
CSGP Q1 Revenue $897M; Net Income $3M; EPS $0.01
AI Summary
CoStar Group, Inc. reported a significant improvement in its financial performance for the first quarter of 2026, with revenue climbing to $897 million and net income turning positive at $3 million, compared to a net loss in the prior year. Diluted earnings per share also improved to $0.01. The company generated $152 million in net cash from operating activities and repurchased $505 million of its stock during the quarter, following its acquisitions of Matterport and Domain in 2025.
Key Highlights
- Revenue increased to $897 million for Q1 2026, up from $732 million in Q1 2025.
- Net income was $3 million for Q1 2026, compared to a net loss of $15 million in Q1 2025.
- Diluted EPS was $0.01 for Q1 2026, up from $(0.04) in Q1 2025.
- Net cash provided by operating activities was $152 million in Q1 2026, up from $53 million in Q1 2025.
- Repurchased $505 million of stock under repurchase programs in Q1 2026.
- Completed acquisitions of Matterport in February 2025 and Domain in August 2025.
Price Impact
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