CoStar Group ( (CSGP) ) has released its Q2 earnings. Here is a breakdown of the information CoStar Group presented to its investors.
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CoStar Group, Inc. is a prominent player in the commercial real estate sector, offering online marketplaces, information, analytics, and 3D digital twin technology. The company is renowned for its comprehensive real estate data and innovative technology solutions, serving a global clientele.
In its latest earnings report, CoStar Group announced a significant 15% increase in revenue year-over-year for the second quarter of 2025, reaching $781 million. The company also reported an all-time high in net new bookings, totaling $93 million, and a substantial growth in Homes.com members by 56% from the previous quarter.
Key financial metrics highlighted in the report include a net income of $6 million and an adjusted EBITDA of $85 million, marking a 108% increase from the previous year. The company attributes its success to strategic investments in its sales force and product offerings, which have driven robust performance across its commercial information and marketplace brands.
Looking ahead, CoStar Group has raised its revenue and adjusted EBITDA guidance for the full year 2025, expecting continued growth driven by strong revenue performance and disciplined cost management. The company remains focused on expanding its market presence and enhancing its product offerings to sustain its growth trajectory.