CoStar Group (NASDAQ:CSGP), a leading provider of online real estate marketplaces, information, analytics, and 3D digital twin technology in the property markets, today announced an update on its key business, financial, and corporate governance initiatives for 2026 and beyond.
All initiatives have been unanimously approved by the Company’s Board of Directors and its Capital Allocation Committee following a comprehensive review.
The plan emphasizes significant expansion of Adjusted EBITDA, and the company separately announced the authorization of a new $1.5 billion share repurchase program.
Based on performance to date and ongoing initiatives, CoStar Group provided the following outlook for full-year 2026.
Revenue is expected to range from $3.78 billion to $3.82 billion, representing approximately 18% year-over-year growth over the midpoint of the company’s previously issued 2025 guidance.
Net income is projected at $175 million to $215 million, or $0.42 to $0.52 per diluted share, based on 416 million diluted shares outstanding.
Adjusted EBITDA is forecasted at $740 million to $800 million, which would mark the highest adjusted EBITDA in company history.
At the midpoint, this reflects a 20% adjusted EBITDA margin and 83% year-over-year growth over the midpoint of prior 2025 guidance.
Non-GAAP net income per diluted share, or adjusted EPS, is expected to be $1.22 to $1.33, also based on 416 million diluted shares.
Looking further ahead, CoStar Group outlined medium-term targets, including approximately 15% compound annual revenue growth from 2025 through 2028 and adjusted EBITDA of $1.25 billion in 2028.