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CSGP · Q2 2026
Archived report (Q2 2026). Latest deep dive →
The quarter in brief
Revenue grew 18.4% y/y to $925M, operating margin 8.2% vs −3.5%, net income $55M (+816.7% y/y).
Net income (loss)
$55M
up 817% y/y
Revenue
$925M
up 18.4% y/y
Income (loss) from operations
$76M
Gross profit
$728M
up 18.8% y/y
All figures in $M.
| Line item | Amount and change |
|---|---|
| Revenue | $925 · +18.4% |
| Cost of revenue | $197 · +17.3% |
| Gross profit | $728 · +18.8% · 78.7% margin |
| Selling and marketing | $395 · +0.0% |
| Software development | $107 · +11.5% |
| General and administrative | $114 · −6.6% |
| Customer base amortization | $36 · +33.3% |
| Income (loss) from operations | $76 · vs −$27 · 8.2% margin |
| Interest income (expense), net | $2 · vs $33 |
| Income before income taxes | $74 · +236% |
| Income tax expense | $19 · +18.8% · 25.7% effective rate |
| Net income (loss) | $55 · +817% · $0.14/sh · 5.9% margin |
Verdict: revenue grew 18.4% y/y to $925M, operating margin 8.2% vs −3.5%, net income $55M (+816.7% y/y).
Source and notation
Source: CoStar press release, 8-K EX-99.1 of 07/28/2026 (SEC EDGAR). Every figure was matched against the income statement in the release and checked against SEC XBRL.
Open as an image: CSGP, Q2 2026 (PNG) ↗ · for sharing and presentations · free to reuse, CC BY 4.0
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Chart: “CSGP Q2 2026: where the revenue went” by Who Reports Today, https://whoreportstoday.com/t/csgp/q2-2026. Licensed under CC BY 4.0.
<figure> <a href="https://whoreportstoday.com/t/csgp/q2-2026"><img src="https://whoreportstoday.com/t/csgp/q2-2026/sankey.png" alt="CSGP Q2 2026: where the revenue went" loading="lazy" style="max-width:100%;height:auto"></a> <figcaption>Source: <a href="https://whoreportstoday.com/t/csgp/q2-2026">Who Reports Today</a>, licensed under <a href="https://creativecommons.org/licenses/by/4.0/">CC BY 4.0</a></figcaption> </figure>
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<a href="https://whoreportstoday.com/t/csgp/q2-2026">CSGP Q2 2026 earnings chart (Who Reports Today)</a>
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- Gross margin was 78.7% vs 78.5% a year earlier.
- Operating income was $76M, a 8.2% margin vs −3.5% a year earlier.
- The effective tax rate was 25.7% vs 72.7% a year earlier.
- Diluted EPS was $0.14 vs $0.01 a year earlier.
What distorts the picture in this report and what to watch beyond the headlines.
CSGP — a real estate information and online marketplace company: it sells subscription access to commercial property data and analytics and runs property listing websites.
It makes money in two segments: Commercial Real Estate (CoStar data and analytics, LoopNet, Matterport, BizBuySell, Ten-X) and Residential Real Estate (Apartments.com, Homes.com, Land.com, plus Domain and OnTheMarket abroad). · Source: annual report (Form 10-K, SEC)
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