CoStar Group Raises 2026 EBITDA Outlook Following Strong Q3 Results
CoStar Group (CSGP) reported a strong third quarter, highlighted by a 14% year-over-year revenue increase to $952 million. The company achieved record quarterly adjusted EBITDA of $229 million and reported a net income of $74 million. Driven by this performance, management has raised its 2026 adjusted EBITDA outlook to a range of $820 million to $840 million. Looking further ahead, the company has established an ambitious long-term target of $1.25 billion in adjusted EBITDA by 2028.
Tickers: $CSGP
Topics: EBITDA Financial Performance Net Income Revenue Growth