Filing Flows › Costar Group (CSGP) › Q3 2026 › vs Q2 2026
Costar Group (CSGP) Q3 2026 vs Q2 2026 (quarter over quarter)
Costar Group's revenue rose $27.0M (+3%) from $925M in Q2 2026 to $952M in Q3 2026. The biggest changes: Residential Real Estate +$16.0M (+4%); Commercial Real Estate +$11.0M (+2%). Gross margin 77.8% against 78.7% (-0.9 pts).
Costar Group, Q3 2026: revenue $952M (+14% year over year), operating margin 8.8%, net earnings $74.0M, operating cash flow $188M. The chart draws each line against Q2 2026, the increases inside each band.
Margins
| Q3 2026 | Q2 2026 | Change | |
|---|---|---|---|
| Gross margin | 77.8% | 78.7% | -0.9 pts |
| Operating margin | 8.8% | 8.2% | +0.6 pts |
| Net margin | 7.8% | 5.9% | +1.8 pts |
| Free cash flow margin | 14.4% | 8.3% | +6.1 pts |
Every line
| Line | Q3 2026 | Q2 2026 | Change | % |
|---|---|---|---|---|
| Commercial Real Estate | $492M | $481M | $11.0M | +2% |
| Residential Real Estate | $460M | $444M | $16.0M | +4% |
| Revenue | $952M | $925M | $27.0M | +3% |
| Gross profit | $741M | $728M | $13.0M | +2% |
| Cost of revenue | $211M | $197M | $14.0M | +7% |
| Operating profit | $84.0M | $76.0M | $8.0M | +11% |
| Operating expenses | $657M | $652M | $5.0M | +0.8% |
| Pre-tax earnings | $84.0M | $74.0M | $10.0M | +14% |
| Sales & marketing | $366M | $395M | −$29.0M | -7% |
| General & admin | $138M | $114M | $24.0M | +21% |
| Other operating costs | $153M | $143M | $10.0M | +7% |
| Net earnings | $74.0M | $55.0M | $19.0M | +35% |
| Income tax | $10.0M | $19.0M | −$9.0M | -47% |
| Depreciation & amortization | $98.0M | $85.0M | $13.0M | +15% |
| Share-based compensation | $32.0M | $38.0M | −$6.0M | -16% |
| Working capital & other | $16.0M | $63.0M | −$47.0M | -75% |
| Operating cash flow | $188M | $115M | $73.0M | +63% |
| Free cash flow (OCF − capex) | $137M | $77.0M | $60.0M | +78% |
| Capital expenditures | $51.0M | $38.0M | $13.0M | +34% |
Questions
How much did Costar Group's revenue grow quarter over quarter in Q3 2026?
Costar Group's revenue rose $27.0M (+3%) from $925M in Q2 2026 to $952M in Q3 2026.
What drove Costar Group's revenue change in Q3 2026?
Residential Real Estate +$16.0M (+4%); Commercial Real Estate +$11.0M (+2%).