CoStar Group Inc Reports Second Quarter 2025 Financial Results
CoStar Group Inc, a leading provider of commercial real estate information and online marketplaces, has released its financial results for the second quarter of 2025.
The company reported a decrease in profit compared to the same period last year. However, revenue rose by 15% year-over-year, reaching an all-time high quarterly net new bookings of $93 million.
Key financial highlights for the second quarter of 2025 include:
- Revenue: $93 million in net new bookings, a 15% increase from the same period last year
- Adjusted EBITDA: 108% increase from the same period last year
- Profit: Decreased compared to the same period last year
CoStar’s financial performance beat analyst estimates, despite the decline in profit. The company’s stock price has been affected by the broader market trends, with the NASDAQ 100 index experiencing losses on the day.