COSTAR GROUP, INC.
For the period ended Jun 30, 2026. Filed Jul 29, 2026.
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A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Jun 30, 2026 · Filed Jul 29, 2026
CSGP$30.33-2.9%Stored close · as of Nov 10, 2026
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Condensed Consolidated Statements of Operations
(in millions, except per share data)
| Three Months EndedJune 30, | Six Months EndedJune 30, | |||
|---|---|---|---|---|
| 2026 | 2025 | 2026 | 2025 | |
| Revenue | $925 | $781 | $1,822 | $1,513 |
| Cost of revenue | 197 | 168 | 393 | 321 |
| Gross profit | 728 | 613 | 1,429 | 1,192 |
| Operating expenses: | ||||
| Selling and marketing (excluding customer base amortization) | 395 | 395 | 816 | 764 |
| Software development | 107 | 96 | 221 | 191 |
| General and administrative | 114 | 122 | 240 | 263 |
| Customer base amortization | 36 | 27 | 73 | 44 |
| 652 | 640 | 1,350 | 1,262 | |
| Income (loss) from operations | 76 | (27) | 79 | (70) |
| Interest income (expense), net | (2) | 33 | 8 | 71 |
| Other income (expense), net | — | 16 | (1) | 14 |
| Income before income taxes | 74 | 22 | 86 | 15 |
| Income tax expense | 19 | 16 | 28 | 24 |
| Net income (loss) | $55 | $6 | $58 | $(9) |
| Earnings per share - basic | $0.14 | $0.01 | $0.14 | $(0.02) |
| Earnings per share - diluted | $0.14 | $0.01 | $0.14 | $(0.02) |
| Weighted-average outstanding shares - basic | 404.1 | 419.6 | 408.5 | 415.1 |
| Weighted-average outstanding shares - diluted | 404.4 | 424.3 | 409.1 | 415.1 |
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