CoStar Group Posts $74 Million Q3 Profit, Revenue Rises to $952 Million; Shares Fall 9.89% After Hours

CoStar Group (CSGP) swung to a third-quarter profit, reporting net income of $74 million, or $0.18 per share, reversing a net loss of $31 million, or $0.07 per share, a year earlier. Revenue rose to $952 million from $834 million. Shares fell 9.89% to $28.85 in after-hours Nasdaq trading Tuesday. Income from operations was $84 million, compared with an operating loss of $51 million a year earlier. For the first nine months of 2026, net income was $132 million, or $0.32 per share, versus a net loss of $40 million, or $0.09 per share. Revenue increased to $2.774 billion from $2.347 billion.