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CoStar Group CSGP Residential Real Estate — Adjusted EBITDA

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Other financials

Income statement

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Revenue$925.0M+18.4%
Gross profit$728.0M+18.7%
Operating income$76.0M+379%
Net income$55.0M+787%
EPS (diluted)$0.14+1,300%

Balance sheet

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Cash & equivalents$1.3B-66.0%
Total debt$1.2B+3.8%
Total equity$7.9B-7.8%
Total assets$10.1B-3.5%

Cash flow

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Operating cash flow$115.0M-21.5%
CapEx$38.0M-68.0%
Free cash flow$77.0M+178%

Valuation

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Market cap$12.24B-70.0%
Enterprise value$12.14B-68.2%
P/E166.3×-225×
P/S3.4×-10.5×

Profitability

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Gross margin78.7%-0.6pp
Operating margin-2.7%-3.9pp
Net margin2.1%-1.5pp
FCF margin8%

Returns & leverage

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Return on equity0.9%-0.4pp
Debt / equity0.1×0.0×
Current ratio2.2×-3.6×

Where this comes from

Reported directly by CoStar Group in its filing.

Tagged under the XBRL concept csgp:AdjustedEarningsBeforeInterestTaxDepreciationAndAmortization.

The source filing: CoStar Group’s 10-Q, filed July 29, 2026.

Filed
Jul 29, 2026, 4:06 PM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0001057352-26-000066
Line itemThree Months Ended June 30, 2026 / Commercial Real EstateThree Months Ended June 30, 2026 / Residential Real EstateThree Months Ended June 30, 2026 / TotalThree Months Ended June 30, 2025 / Commercial Real EstateThree Months Ended June 30, 2025 / Residential Real EstateThree Months Ended June 30, 2025 / Total
Acquisition and integration related costs55224
Restructuring and related costs112(1)(1)
Settlements and impairments(17)(1)(18)11
Adjusted EBITDA$172$12$184$161$(76)$85
__________________________
(1) See Note 3 for details of revenue disaggregated by segment.
(2) Excludes personnel costs.
(3) Represents a significant non-cash item included in the personnel costs above

Item 1.Financial Statements

FAQ

What is CoStar Group's residential real estate — adjusted EBITDA?
CoStar Group (CSGP) reported residential real estate — adjusted EBITDA of $12M in Q2 2026.
How has CoStar Group's residential real estate — adjusted EBITDA changed year-over-year?
CoStar Group's residential real estate — adjusted EBITDA increased by 115.8% year-over-year, from -$76M to $12M.
What does residential real estate — adjusted EBITDA mean?
Measures the operating profitability of the residential real estate segment by excluding non-cash items like stock-based compensation and non-recurring items such as restructuring or impairment charges. It provides a clearer view of the core operational performance of the segment by removing accounting noise and one-time events.

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