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[SITUATION] · [QUIET] · [BUSINESS]

2 clusters · 2 sources · 26 days · First seen · Last updated

Corporate financial performance reports

Overview

The provided reports detail the second quarter 2026 financial results for CoStar Group and Constellation Software.

CoStar Group reported an 18% revenue increase to $925 million, driven by its subscription model. The company noted a net profit of $55 million and a 90% renewal rate for twelve month minimum contracts. Analyst sentiment regarding the company remains mixed, with a variety of buy, hold, and sell ratings.

Constellation Software reported a 17% year-over-year revenue increase to US$3.3 billion. This growth was attributed to an acquisition strategy, following significant spending in 2024 and 2025. While organic growth was recorded at 3%, the company continues to focus on acquiring vertical market software companies.

Entities

Fitch · CoStar Group · Constellation Software · Needham

Timeline

  1. [BUSINESS] 2 sources
    Constellation Software reports 17% revenue growth driven by acquisitions

    Constellation Software reported a 17% year-over-year revenue increase to US$3.3 billion, driven by an aggressive acquisition strategy.

  2. [BUSINESS] 2 sources
    CoStar Group reports 18% revenue growth in Q2 2026

    CoStar Group reported an 18% year-over-year revenue increase to $925 million in Q2 2026, supported by a strong 90% subscription renewal rate and mixed but generally positive analyst outlooks.

Sources

fool.ca · fool.com.au