CoStar Group delivered strong financial results with record revenue growth and net new bookings. Significant achievements in Apartments.com and Homes.com were highlighted, alongside international expansion efforts. However, challenges persist with Matterport's profitability and the commercial real estate market.

Company Guidance

In the second quarter of 2025, CoStar Group reported robust financial performance, achieving a revenue of $781 million, marking a 15% increase year-over-year, and its 57th consecutive quarter of double-digit growth. Adjusted EBITDA surged to $85 million, representing a 108% increase from Q2 2024, surpassing consensus estimates and the high end of the guidance range. The company experienced a record $93 million in net new bookings, a 65% increase over the previous quarter, driven by strong performance across all business segments. Apartments.com revenue rose 11% year-over-year to $292 million, with a notable 20% increase in net new bookings. Homes.com also showed solid growth, with residential annualized net new bookings totaling $12 million for the quarter. CoStar's international business continued to expand, with the U.K. market achieving record net new bookings and revenue growth. The company increased its full-year revenue growth guidance to 15%, anticipating strong third-quarter performance with expected revenue between $800 million and $805 million.

Record Revenue and Growth

CoStar Group achieved revenue of $781 million, marking a 15% increase compared to last year. This is the 57th consecutive quarter of double-digit revenue growth, with adjusted EBITDA rising 108% compared to Q2 of 2024.

Strong Performance in Apartments.com

Apartments.com had a revenue increase of 11% from Q2 2024, achieving $292 million. The sales team achieved $45 million in net new bookings, representing a 20% year-over-year increase.

Significant Growth in Homes.com

Homes.com delivered strong sales growth with residential annualized net new bookings totaling $12 million for the quarter, a 56% increase in membership during the quarter.

International Expansion and Partnerships

CoStar is in the final stages of acquiring Domain Holdings, one of Australia's largest real estate portals. The U.K. residential marketplace, on the market, achieved 20% year-over-year growth in listings.

Record Net New Bookings

Net new bookings totaled $93 million, a 65% increase over the previous quarter, marking the highest quarterly net new bookings in CoStar Group's history.

CoStar Group (CSGP) Earnings, Revenues Date & History

The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced

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CSGP Earnings History

Report Date	Fiscal Quarter	Forecast / EPS	Last Year's EPS	EPS YoY Change	Slides	Play Transcript
Oct 28, 2025	2025 (Q3)	0.18 / -	0.22	―	―	―
Jul 22, 2025	2025 (Q2)	0.14 / 0.17	0.15	13.33% (+0.02)
Apr 29, 2025	2025 (Q1)	0.12 / 0.14	0.1	35.00% (+0.04)	―
Feb 18, 2025	2024 (Q4)	0.22 / 0.27	0.33	-16.97% (-0.06)
Oct 22, 2024	2024 (Q3)	0.16 / 0.22	0.3	-26.67% (-0.08)
Jul 23, 2024	2024 (Q2)	0.10 / 0.15	0.31	-51.61% (-0.16)
Apr 23, 2024	2024 (Q1)	0.07 / 0.10	0.29	-65.52% (-0.19)
Feb 20, 2024	2023 (Q4)	0.32 / 0.33	0.38	-13.16% (-0.05)	―
Oct 24, 2023	2023 (Q3)	0.29 / 0.30	0.3	0.00% (0.00)	―
Jul 25, 2023	2023 (Q2)	0.30 / 0.31	0.28	10.71% (+0.03)	―

The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.

Beat

Missed

CSGP Earnings-Related Price Changes

Report Date	Price 1 Day Before	Price 1 Day After	Percentage Change
Jul 22, 2025	$85.16	$91.00	+6.86%
Apr 29, 2025	$82.70	$74.17	-10.31%
Feb 18, 2025	$75.46	$79.21	+4.97%
Oct 22, 2024	$76.87	$72.82	-5.27%

Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.

FAQ

When does CoStar Group (CSGP) report earnings?

CoStar Group (CSGP) is schdueled to report earning on Oct 28, 2025, After Close (Confirmed).

What is CoStar Group (CSGP) earnings time?

CoStar Group (CSGP) earnings time is at Oct 28, 2025, After Close (Confirmed).

Where can I see when companies are reporting earnings?

You can see which companies are reporting today on our designated earnings calendar.

What companies are reporting earnings today?

You can see a list of the companies which are reporting today on TipRanks earnings calendar.

What is CSGP EPS forecast?

CSGP EPS forecast for the fiscal quarter 2025 (Q3) is 0.18.

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