Filing Flows › Costar Group (CSGP) › Q3 2026
Costar Group (CSGP) Q3 2026 earnings results (third quarter 2026)
10-Q filed Oct 28, 2026
Costar Group (CSGP) reported revenue of $952M for the third quarter 2026 (Q3 2026), +14% from a year earlier and +3% from the quarter before. Operating margin was 8.8%, net earnings $74.0M (7.8% of revenue).
Costar Group, Q3 2026: revenue $952M (+14% year over year), operating margin 8.8%, net earnings $74.0M, operating cash flow $188M. The chart follows the revenue to costs, profit and cash.
| Q3 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $952M | +3% | +14% |
| Gross profit | $741M | +2% | +12% |
| Operating profit | $84.0M | +11% | — |
| Net earnings | $74.0M | +35% | — |
| Operating cash flow | $188M | +63% | +176% |
| Free cash flow | $137M | +78% | — |
What changed
Revenue was $952.0M in Q3 2026, up 14% year over year and up 3% from the previous quarter. Commercial Real Estate was the largest line at 52% of revenue. Residential Real Estate added $87.0M year over year (up 23%), 74% of the total change.
Gross margin was 77.8%, down 1.5 points from Q3 2025. Operating profit was $84.0M, a 8.8% margin (up 14.9 points year over year). Operating expenses fell 8% while revenue rose 14%. The fastest-growing cost line was Other operating costs (+11%). Net earnings were $74.0M. The effective tax rate was 11.9%.
Operating cash flow was $188.0M (up 176% year over year), 254% of net earnings. Non-cash charges added back $98.0M of depreciation and amortization and $32.0M of share-based compensation. Working capital and other items used $16.0M. Capital expenditures of $51.0M left free cash flow of $137.0M.
Questions
What was Costar Group's revenue in the third quarter 2026?
Costar Group (CSGP) reported revenue of $952M for the third quarter 2026 (Q3 2026), +14% from a year earlier and +3% from the quarter before.
Was Costar Group profitable in the third quarter 2026?
Operating profit was $84.0M (8.8% of revenue) and net earnings $74.0M.
Source: Costar Group 10-Q on SEC EDGAR.