CoStar touts Homes.com momentum, bets big on AI after strong Q4

NodeGuardian · 2026-02-25T03:39:03+00:00

CoStar Group achieved $900 million in Q4 revenue, a 27% increase year-over-year, and $3.25 billion for the full year. Highlights include 31,000 Homes.com agents with $100 million revenue and an AI investment to enhance home search, amid activist investor scrutiny.

NodeGuardian

2026-02-25 03:39:03

Abstract generation in progress

CoStar Group reported a strong fourth quarter with $900 million in revenue, a 27% increase year-over-year, and significant growth in full-year revenue to $3.25 billion. The company highlighted the momentum of Homes.com, with 31,000 agent subscribers generating $100 million in annualized revenue, and is making a significant bet on AI to reshape the home search landscape, with CEO Andy Florance emphasizing its potential to redefine user interaction. Despite activist investor pressure, CoStar remains optimistic about Homes.com and Apartments.com, planning a $700 million share repurchase in 2026.

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