CoStar Group announced second-quarter 2025 revenue of $781 million, a 15% increase year-over-year, marking strong performance across its platforms. Net income for the quarter was $6.2 million, with diluted earnings per share at $0.01.
Adjusted EBITDA reached $85 million, a significant 108% increase from the second quarter of 2024. The company achieved an all-time high quarterly net new bookings of $93 million, demonstrating strong sales force productivity across all segments.
Homes.com continued its rapid growth, with its member base increasing by 56% from Q1 2025. CoStar Group raised its annual revenue forecast for 2025 to a range of $3.135 billion to $3.155 billion, implying 15% annual growth, and adjusted EBITDA guidance to $370 million to $390 million.
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