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CoStar EBITDA Surges 83% As Domain To Fold Into Homes.com
CoStar Group announced an 83% surge in full-year Adjusted EBITDA, reaching $442 million, and a 19% increase in revenue to $3.2 billion. The company plans to integrate Australia’s Domain into Homes.com within 18 months and migrate OnTheMarket onto the Homes.com software by 2027, driven by a new AI application. CoStar expects its residential business, including Homes.com, to achieve profitability in 2026 and projects substantial long-term revenue and EBITDA growth.