CoStar Group expanded Canadian coverage. CoStar Group stock gained 2.39 percent

Published on 10/08/2026 at 16:21 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Canada platform covers 357,000 properties as of September 2026. CoStar Group stock costs EUR 25.24 on October 8, 2026 versus EUR 24.65.

Key points in brief

Das Wichtigste in Kürze

CoStar Group expanded its Canadian platform to every major commercial real estate brokerage in September 2026.
The Canadian platform covers 357,000 properties, 136,000 sale comparables and 12 billion square feet.
CoStar Group stock was trading at EUR 25.24 at Lang & Schwarz on October 8, 2026, plus 2.39 percent versus the prior close.
CoStar Group reported USD 925.0 million of revenue and USD 55.0 million of net income for the second quarter of 2026.
Third-quarter results are scheduled for October 27, 2026.

CSGP, US22160N1090, Illustration mit AI erstellt.

CoStar Group (ISIN US22160N1090) was trading at EUR 25.24 at Lang & Schwarz on October 8, 2026 at 4:09 p.m. CEST, plus 2.39 percent versus the prior close of EUR 24.65 on October 7, 2026. The company had expanded its Canadian commercial real estate platform to every major brokerage by September 2026, a move that puts data coverage ahead of the next results date.

Canada coverage reaches full scale

As Business Wire reported on September 30, 2026, every major commercial real estate brokerage firm in Canada subscribed to CoStar. The platform covered 357,000 commercial properties, 136,000 sale comparables, 211,000 lease activities, 500,000 tenant profiles, 27,000 active listings and 12 billion square feet.

The scale matters because a common dataset can support property research, valuation and transaction advice across national and global brokerage networks. Simply Wall St also identified competitive pressure in multifamily advertising and Ten-X restructuring as counterweights to the Canadian adoption story.

What does the platform add?

The latest operating figures show why scale is central to the investment case. In the second quarter of 2026, CoStar Group generated USD 925.0 million of revenue, up 18.00 percent from USD 781.0 million in the second quarter of 2025, while net income rose to USD 55.0 million from USD 6.0 million.

According to CoStar Group on July 28, 2026, adjusted EBITDA reached USD 184.0 million in the second quarter, up 116.00 percent year over year. The residential segment also produced adjusted EBITDA of USD 12.0 million, a USD 41.0 million improvement from the first quarter.

Three milestones in twelve months

On July 28, 2026, CoStar Group reported USD 925.0 million of second-quarter revenue and USD 55.0 million of net income in its results release. On September 14, 2026, Yahoo Finance reported that Felix Kusch was named president of Homes.com as Homes.com revenue reached USD 28.5 million, up 66.00 percent year over year. On September 30, 2026, Business Wire reported the Canadian milestone covering 357,000 properties.

Upcoming dates and market view

Business Wire said the third-quarter 2026 results will be released on October 27, 2026, after the market close. The investor-relations calendar also lists November 10, 2026, for the BMO 2026 Financials Conference.

CoStar Group's market capitalization was USD 11.5 billion as of October 8, 2026, while its primary-market 52-week range was USD 25.89 to USD 79.21. The euro quote sits above the prior close, but the broader range shows that investors are still assigning a wide valuation to the company's transition from revenue growth toward higher profitability.

Stock trades above prior close

CoStar Group was trading at EUR 25.24 at Lang & Schwarz on October 8, 2026 at 4:09 p.m. CEST, plus 2.39 percent versus the prior close of EUR 24.65 on October 7, 2026. The further course of trading is shown by the continuously updated real-time quote of CoStar Group stock.