Filing Flows › Costar Group (CSGP) › Q2 2026 › vs Q1 2026
Costar Group (CSGP) Q2 2026 vs Q1 2026 (quarter over quarter)
Costar Group's revenue rose $28.0M (+3%) from $897M in Q1 2026 to $925M in Q2 2026. The biggest changes: Residential Real Estate +$19.0M (+4%); Commercial Real Estate +$9.0M (+2%). Gross margin 78.7% against 78.1% (+0.6 pts).
Costar Group, Q2 2026: revenue $925M (+18% year over year), operating margin 8.2%, net earnings $55.0M, operating cash flow $115M. The chart draws each line against Q1 2026, the increases inside each band.
Margins
| Q2 2026 | Q1 2026 | Change | |
|---|---|---|---|
| Gross margin | 78.7% | 78.1% | +0.6 pts |
| Operating margin | 8.2% | 0.3% | +7.9 pts |
| Net margin | 5.9% | 0.3% | +5.6 pts |
| Free cash flow margin | 8.3% | 11.9% | -3.6 pts |
Every line
| Line | Q2 2026 | Q1 2026 | Change | % |
|---|---|---|---|---|
| Commercial Real Estate | $481M | $472M | $9.0M | +2% |
| Residential Real Estate | $444M | $425M | $19.0M | +4% |
| Revenue | $925M | $897M | $28.0M | +3% |
| Gross profit | $728M | $701M | $27.0M | +4% |
| Cost of revenue | $197M | $196M | $1.0M | +0.5% |
| Operating profit | $76.0M | $3.0M | $73.0M | 25× |
| Operating expenses | $652M | $698M | −$46.0M | -7% |
| Pre-tax earnings | $74.0M | $12.0M | $62.0M | +517% |
| Sales & marketing | $395M | $421M | −$26.0M | -6% |
| General & admin | $114M | $126M | −$12.0M | -10% |
| Other operating costs | $143M | $151M | −$8.0M | -5% |
| Net earnings | $55.0M | $3.0M | $52.0M | 18× |
| Income tax | $19.0M | $9.0M | $10.0M | +111% |
| Operating cash sources | $178M | $127M | $51.0M | +40% |
| Depreciation & amortization | $85.0M | $82.0M | $3.0M | +4% |
| Share-based compensation | $38.0M | $42.0M | −$4.0M | -10% |
| Working capital & other | $63.0M | −$25.0M | $88.0M | — |
| Operating cash flow | $115M | $152M | −$37.0M | -24% |
| Free cash flow (OCF − capex) | $77.0M | $107M | −$30.0M | -28% |
| Capital expenditures | $38.0M | $45.0M | −$7.0M | -16% |
Questions
How much did Costar Group's revenue grow quarter over quarter in Q2 2026?
Costar Group's revenue rose $28.0M (+3%) from $897M in Q1 2026 to $925M in Q2 2026.
What drove Costar Group's revenue change in Q2 2026?
Residential Real Estate +$19.0M (+4%); Commercial Real Estate +$9.0M (+2%).