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CoStar Group, Inc. (CSGP) reported non-GAAP earnings of 17 cents per share for Q2 2025, exceeding the Zacks Consensus Estimate by 21.43%. This reflects a 13.3% increase from 15 cents per share in the same quarter last year. Revenues reached $781.3 million, surpassing expectations by 1.25% and marking a 15.3% year-over-year growth, noting the company’s 57th consecutive quarter of double-digit revenue growth.
For Q3 2025, CoStar forecasts revenues between $800 million and $805 million, indicating a 16% growth at the mid-point. For the full year, revenues are projected between $3.135 billion and $3.155 billion, which corresponds to a 15% increase year over year.
As of June 30, 2025, CoStar had cash and cash equivalents of $3.62 billion, with long-term debt at $992.5 million. Operating activities generated $199.7 million in cash during the reported quarter, compared to $53.2 million in the previous one.
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