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CoStarRevenue

CoStar Group, homes.com surge in Q1 - CEO welcomes end of activist 'distraction'

What happened

CoStar Group Inc. had revenue of $897M on Jan 1st '26.

Source

Article excerpt

Highlighted: the sentence this signal was extracted from

CoStar Group, homes.com surge in Q1 - CEO welcomes end of activist 'distraction' Third Point, the activist investor that had pushing for change, sold its CoStar shares in early April Article Summary. CoStar Group reported its 60th consecutive quarter of double-digit revenue growth, with Q1 2026 revenue of $897 million, up 23% year-over-year. Homes.com revenue grew 58% to $26 million, with agent subscribers surging 205% to 35,175. Subscribers saw an 11-fold ROI, earning $36,400 more in commissions versus $3,400 annual cost. The company raised full-year adjusted EBITDA guidance to $780-820 million. CEO Andrew Florance expressed strong confidence in the strategy through 2030. AI Summary CoStar Group delivered its 60th consecutive quarter of double-digit revenue growth in the first three months of 2026, posting results at the high end of guidance and raising its profit outlook for the year. The online real estate marketplace operator reported $897 million in revenue for the quarter ended March 31 - up 23% from $732 million a year earlier. Net income reached $3 million compared with a net loss of $15 million in the prior-year period.

housingwire.com/articles/costar-group-homes-com-surge-in-q1-ceo-welco...Read the full source

Extracted by Autobound

From the Signal API record
Event
Revenue

What this signalsRevenue results often set the next budget cycle.

Amount named
$897M
Takes effect
Jan 1, 2026
Amount as written
$897 million

More revenue signals at other companies

The full record

From the Signal API record

Numbers

Amount named in the story
$897M

Details

Category
Has revenue

Extraction

Confidence
61%
Detected
Apr 29, 2026
signal_type
news
signal_subtype
has_revenue

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The API returns more than this page shows

This page shows a preview. The full news record in the Signal API and MCP can also have these 8 fields. Some fields are empty for some signals.

Company

  • linkedin_urlValue in the API
  • industriesValue in the API
  • employee_count_lowValue in the API
  • employee_count_highValue in the API
  • revenueValue in the API
  • descriptionValue in the API

Signal

  • signal_nameValue in the API
  • associationValue in the API
Show the full JSONThe record on this page and the API request

GET /v1/signals/d4d213ac-8cf2-4918-a8a6-ecfe41ae2397 returns this record as JSON. POST /v1/companies/enrich returns every signal for costargroup.com.

{
  "signal_id": "d4d213ac-8cf2-4918-a8a6-ecfe41ae2397",
  "signal_type": "news",
  "signal_subtype": "has_revenue",
  "detected_at": "2026-04-29T20:37:08+00:00",
  "company": {
    "name": "CoStar",
    "domain": "costargroup.com"
  },
  "data": {
    "url": "https://www.housingwire.com/articles/costar-group-homes-com-surge-in-q1-ceo-welcomes-end-of-activist-distraction",
    "title": "CoStar Group, homes.com surge in Q1 - CEO welcomes end of activist 'distraction'",
    "amount": "$897 million",
    "excerpt": "CoStar Group, homes.com surge in Q1 - CEO welcomes end of activist 'distraction'\n\nThird Point, the activist investor that had pushing for change, sold its CoStar shares in early April\n\nArticle Summary.\n\nCoStar Group reported its 60th consecutive quarter of double-digit revenue growth, with Q1 2026 revenue of $897 million, up 23% year-over-year. Homes.com revenue grew 58% to $26 million, with agent subscribers surging 205% to 35,175. Subscribers saw an 11-fold ROI, earning $36,400 more in commissions versus $3,400 annual cost. The company raised full-year adjusted EBITDA guidance to $780-820 million. CEO Andrew Florance expressed strong confidence in the strategy through 2030. AI Summary\n\nCoStar Group delivered its 60th consecutive quarter of double-digit revenue growth in the first three months of 2026, posting results at the high end of guidance and raising its profit outlook for the year.\n\nThe online real estate marketplace operator reported $897 million in revenue for the quarter ended March 31 - up 23% from $732 million a year earlier.\n\nNet income reached $3 million compared with a net loss of $15 million in the prior-year period.",
    "summary": "CoStar Group Inc. had revenue of $897M on Jan 1st '26.",
    "category": "has_revenue",
    "found_at": "2026-04-29T20:37:08Z",
    "planning": false,
    "image_url": "https://www.housingwire.com/wp-content/uploads/2026/04/HomesEarnings.jpg",
    "confidence": 0.609,
    "published_at": "2026-04-29T20:37:08Z",
    "effective_date": "2026-01-01",
    "article_sentence": "CoStar Group reported its 60th consecutive quarter of double-digit revenue growth, with Q1 2026 revenue of $897 million, up 23% year-over-year.",
    "amount_normalized": 897000000
  }
}

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