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Recent Updates — CSGP

July 28, 2026View Source ↗

CoStar Group reported financial results for the quarter ended June 30, 2026, announcing revenue of $925 million, an 18% increase year-over-year. Net income rose to $55 million, or $0.14 per diluted share, compared to $6 million in the prior year period. Adjusted EBITDA more than doubled to $184 million, up 116% year-over-year, driven by a 441% increase in EBITDA and a 2% increase in operating costs. The company affirmed its full-year 2026 Adjusted EBITDA guidance of $780 million to $820 million and revised its full-year revenue guidance to $3.715 billion to $3.755 billion. CoStar Group operates in the real estate technology industry, providing online marketplaces, information, analytics, and digital twin technology for property markets.

July 13, 2026View Source ↗

CoStar Group appointed Robin Rossmann as Chief Financial Officer, effective July 31, 2026, replacing Christian Lown who resigned on the same date for an opportunity outside the industry. Rossmann, previously Managing Director, Europe, will receive an annual base salary of £440,000, transitioning to $590,000 upon relocation to the U.S. His compensation package includes a $2.5 million one-time equity grant (40% RSUs, 60% PSUs), a 100% target annual incentive bonus, and a $500,000 cash relocation subsidy. The company operates in the real estate information and analytics industry, providing data and online marketplaces for commercial and residential properties.

June 25, 2026View Source ↗

On June 23, 2026, stockholders approved the CoStar Group, Inc. 2026 Employee Stock Purchase Plan (2026 ESPP), which authorizes the issuance of 2,500,000 shares of common stock. This plan replaces the 2021 ESPP, under which no further shares will be issued. The company also reported voting results from its Annual Meeting, including the election of eight directors, the ratification of Ernst & Young LLP as independent auditor, and the approval of executive compensation. CoStar Group operates in the real estate information and analytics industry, providing data and online marketplaces for commercial and residential properties.

May 29, 2026View Source ↗

CoStar Group, Inc. has entered into a definitive agreement to acquire Zonda, a provider of new home construction data and residential real estate marketplace solutions, for $800 million in cash. The transaction is subject to customary regulatory approvals and closing conditions but does not require stockholder approval or specific financing.

April 28, 2026View Source ↗

CoStar Group, Inc. announced its financial and operating results for the quarter ended March 31, 2026. The specific financial figures for the period are detailed in the press release attached to the report as Exhibit 99.1.

March 16, 2026View Source ↗

CoStar Group, Inc. appointed Nana Banerjee to its Board of Directors, effective March 15, 2026. Mr. Banerjee will participate in the company's director compensation program and has not been assigned to any specific board committees at this time.