CoStar Group Inc
XMUN:RLG
Decide at what price you'd be comfortable buying and we'll help you stay ready.
|
C
|
CoStar Group Inc
XMUN:RLG
|
US |
|
V2X Inc
NYSE:VVX
|
US |
|
L
|
Littelfuse Inc
SWB:LFS
|
US |
|
M
|
Mosaic Co
F:02M
|
US |
|
E
|
ESCO Technologies Inc
SWB:ET7
|
US |
|
C
|
Canada Goose Holdings Inc
NYSE:GOOS
|
CA |
CoStar Group Inc
CoStar Group collects and organizes detailed information about commercial and residential real estate, then sells access to that data through online tools and marketplaces. Its best-known products include CoStar for commercial property research, LoopNet for commercial listings, and Apartments.com and Homes.com for rental and home search. The company helps brokers, landlords, lenders, and tenants find properties, compare markets, and market available space or units. The company makes money mainly by charging subscriptions and listing or advertising fees. Real estate professionals pay for data, analytics, and workflow tools, while property owners and managers pay to advertise vacancies and attract renters or buyers. That means CoStar sits in the middle of the real estate transaction flow: it does not own the properties, but it helps people value them, market them, and find them. What sets CoStar apart is its large proprietary database of property records, listings, and market information, which is costly and time-consuming to build. That data supports recurring revenue from customers who rely on it every day. In simple terms, CoStar is part research company, part digital marketplace, and part lead-generation business for real estate.
CoStar Group collects and organizes detailed information about commercial and residential real estate, then sells access to that data through online tools and marketplaces. Its best-known products include CoStar for commercial property research, LoopNet for commercial listings, and Apartments.com and Homes.com for rental and home search. The company helps brokers, landlords, lenders, and tenants find properties, compare markets, and market available space or units.
The company makes money mainly by charging subscriptions and listing or advertising fees. Real estate professionals pay for data, analytics, and workflow tools, while property owners and managers pay to advertise vacancies and attract renters or buyers. That means CoStar sits in the middle of the real estate transaction flow: it does not own the properties, but it helps people value them, market them, and find them.
What sets CoStar apart is its large proprietary database of property records, listings, and market information, which is costly and time-consuming to build. That data supports recurring revenue from customers who rely on it every day. In simple terms, CoStar is part research company, part digital marketplace, and part lead-generation business for real estate.
Strong quarter: CoStar said Q1 2026 was an exceptional quarter, with revenue up 23% year over year to $897 million and adjusted EBITDA of $132 million, which doubled from last year and beat the high end of guidance by $17 million.
Homes.com momentum: Management said Homes.com is growing fast, with revenue up 58% to $26 million, 35,175 agent subscribers, and clear evidence that subscribers are seeing strong returns on investment.
Guidance raised: Full-year 2026 adjusted EBITDA guidance was lifted to $780 million to $820 million from prior expectations, while full-year revenue guidance was reaffirmed at $3.78 billion to $3.82 billion.
Pricing action: CoStar plans to raise subscription fees for new Homes.com customers on May 1, saying the product is delivering more value than current pricing reflects.
Sales buildout: Management said sales productivity is still ramping across the newer sales force, and the company plans to keep hiring in selected areas, especially field sales for Homes.com, Apartments.com, LoopNet and Matterport.
Bookings context: Net new bookings were $67 million, up 20% year over year, and management said quarterly bookings remain variable, with stronger productivity expected to show more clearly in the second half of next year.
AI and data: CoStar highlighted AI-powered search, AI lease abstraction, and Matterport-based visual tools as key differentiators across its platforms, and said these capabilities are helping engagement and future monetization.
