Reports Q3 revenue $834M, consensus $825.2M. “We had an outstanding Q3 2025 as we delivered our 58th consecutive quarter of double-digit revenue growth with a 20% year-over-year increase in revenue,” said Andy Florance, Founder and Chief Executive Officer of CoStar Group (CSGP). “We achieved net new bookings in the third quarter of $84 million, up 92% year-over-year. The dedicated Homes.com sales team achieved its best net new bookings quarter. We continued our strong momentum in adding Homes Members in Q3 and today have over 26,000 Members, up nearly 150% since the end of Q3 2024. We added 7,000 Members in Q3. We have sold 3,300 Boosts to homeowners and agents since July. We delivered a 47% profit margin for Q3 2025 for our commercial information and marketplace businesses,1 an increase of 400 basis points sequentially from Q2 2025, as well as year-over year compared to Q3 2024. We are hard at work integrating our two recent acquisitions of Domain and Matterport across CoStar.”
TipRanks Black Friday Sale
- Claim 60% off TipRanks Premium for the data-backed insights and research tools you need to invest with confidence.
- Subscribe to TipRanks' Smart Investor Picks and see our data in action through our high-performing model portfolio - now also 60% off
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on CSGP:
