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27.10.26 - 22:50
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CoStar Group Swings To Q3 Profit As Revenue Rises (AFX)
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WASHINGTON (dpa-AFX) - CoStar Group, Inc. (CSGP) on Tuesday, reported a net profit for the third quarter of 2026, reversing a loss in the same period a year earlier.Net income was $74 million, com......
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27.10.26 - 21:06
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CoStar Group Reports Record Third Quarter Revenue of $952 Million; Profitability Surges with Net Income of $74 Million; Highest Ever Adjusted EBITDA of $229 Million, Doubling Year-over-Year; Raises Full-Year 2026 Adjusted EBITDA Guidance (Business Wire)
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ARLINGTON, Va.--(BUSINESS WIRE)--CoStar Group, Inc. (NASDAQ: CSGP),a leading global provider of online real estate marketplaces, information, analytics, and 3D digital twin technology in the property markets, announced today that revenue for the quarter ended September 30, 2026 was $952 million, up 14% over revenue of $834 million for the quarter ended September 30, 2025. Net new bookings were $37 million for the quarter.
Net income for the third quarter of 2026 was $74 million, up $105 million year-over-year. Earnings per diluted share was $0.18 for the third quarter of 2026. Adjusted Net Income rose to $153 million in the third quarter, up 59% year-over-year. Adjusted EPS was $0.38 in the third quarter, up 65% year-over-year. EBITDA was $179 million, up $166 million year-over-year. Adjusted EBITDA was $229 million in the third quarter of 2026, doubling from the prior year period.
“CoStar Group generated outstanding profitability growth in the third quarter, delivering on our commitment to expand margi...
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27.10.26 - 21:06
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CoStar Group to Acquire Vexcel, Adding the World′s Largest Survey Grade High-Resolution Aerial Imagery Program to Power Richer Search and Discovery Across CoStar with Tens of Billions of New AI-Derived Data Fields (Business Wire)
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Vexcel's imagery covers more than 45 countries, 320 major global metros and 99.6% of the U.S. Population and is licensed by the world's largest technology companiesARLINGTON, Va.--(BUSINESS WIRE)--CoStar Group, Inc. (NASDAQ: CSGP), a leading global provider of online real estate marketplaces, information, analytics, and digital twins in the property markets, announced today that it has entered into a definitive agreement to acquire Vexcel Group, Inc. (“Vexcel”), the operator of one of the world's largest survey-grade aerial imagery programs, for approximately $730 million in cash.
Built on decades of investment in aerial capture technology and data processing, Vexcel captures more than 60 million images a year drawn from millions of square kilometers of aerial collection. Its geographic scope spans more than 45 countries and 320 major global metros, covering 99.6% of the U.S. Population. Its comprehensive program includes refreshing major U.S. metros up to three times a year and flying disaster zon...
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23.10.26 - 15:03
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New U.S. Industrial Leases Return to Prior Peak, Renewals Drop (Business Wire)
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ARLINGTON, Va.--(BUSINESS WIRE)--The U.S. industrial new lease count index has returned to its historical peak, while the renewal index has fallen, according to data from CoStar, the leading global provider of online real estate marketplaces, information and analytics in the property markets.
Large tenants have led new-lease recovery, as the index for leases of 200,000 square feet or more has climbed to 92% of its peak, while the 50,000 – 199,999 square-foot segment has recovered to about 90%.
Smaller tenants remain closer to prior leasing highs, with all categories below 50,000 square feet standing at roughly 91-98% of the peak, although momentum has begun to level off in several size ranges.
“While new leasing activity has recovered, it does not translate one-for-one into net absorption,” said Juan Arias, national director of industrial analytics at CoStar Group. “Relocations and weaker renewals can leave space behind, meaning recovery will also be influenced on how quickly landlords can backfil...
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21.10.26 - 15:03
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Homes.com Report: Home Prices Edge Higher Even as Sales Decline and Inventory Expands (Business Wire)
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Growing inventory gave buyers more choices in September, while affordability concerns and sharply different local conditions shaped the market.ARLINGTON, Va.--(BUSINESS WIRE)--Homes.com, a CoStar Group (NASDAQ: CSGP) leading online residential marketplace, released its September 2026 housing report today, showing that the national median home sale price increased 0.6% from a year earlier to $386,000. Home sales declined 6% year over year while active listings increased 1.9%.
Modest price growth, declining sales and expanding inventory suggest that demand remained sufficient to support prices, even as fewer transactions closed. With mortgage rates and affordability top of mind for households, buyers appear more selective. More listings gave them additional options, while sellers competed for fewer completed sales.
Local results show why the national price gain does not describe every market. Among the 40 largest, San Francisco recorded a 14.7% annual increase in its median sale price to $1,689,500 as inven...
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20.10.26 - 15:03
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BizBuySell Releases Q3 2026 Insight Report (Business Wire)
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Buyer and seller confidence soften, while demand remains strong for high-quality businessesARLINGTON, Va.--(BUSINESS WIRE)--BizBuySell, the largest online marketplace for businesses for sale and a CoStar Group, Inc. (NASDAQ: CSGP) company, published its Q3 2026 Insight Report, providing the latest look at U.S. business-for-sale transactions and sentiment among owners, buyers and brokers.
Transaction activity remained relatively stable despite weaker sentiment. A total of 2,132 businesses changed hands in Q3 2026, essentially flat from Q2 and down 7% year over year. The median sale price reached $350,000, up 17% from a year ago, while the market-wide average cash flow multiples increased 2.6%.
Confidence weakened on both sides of the small business acquisition market in the third quarter. Buyer confidence fell to 49, while seller confidence declined to 47. For the first time since BizBuySell began tracking sentiment in 2013, both buyer and seller confidence have declined year over year for two consecutive ...
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01.10.26 - 22:03
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CoStar Group to Report Financial Results for Third Quarter on October 27, 2026 (Business Wire)
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ARLINGTON, Va.--(BUSINESS WIRE)--CoStar Group, Inc. (NASDAQ: CSGP), a leading provider of online real estate marketplaces, information, analytics, and 3D digital twin technology in the property markets, will announce financial results for the third quarter of 2026 following the market close on Tuesday, October 27, 2026. Management will conduct a conference call to discuss the third quarter results, as well as the Company's outlook at 5:00 PM EDT that same day.
A live audio webcast of the conference call will be available in listen-only mode through the Investors section of the CoStar Group website: https://investors.costargroup.com. A replay of the webcast audio will also be available in the Investors section of our website for a period of time following the call.
About CoStar Group
CoStar Group (NASDAQ: CSGP) is a global leader in commercial real estate information, analytics, online marketplaces, and 3D digital twin technology. Founded in 1986, CoStar Group is dedicated to digitizing the world's real ...
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14.09.26 - 22:39
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CoStar Group Names Felix Kusch President of Homes.com (Business Wire)
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Experienced portal veteran who built Immoweb and Immowelt into market leaders takes over Homes.com as it pushes to become the top residential real estate siteARLINGTON, Va.--(BUSINESS WIRE)--CoStar Group, Inc. (NASDAQ: CSGP), a leading provider of online real estate marketplaces, information, analytics in the property markets, today named Felix Kusch President of Homes.com.
Kusch spent the last several years running two of Europe's leading real estate portals. He was CEO of Immoweb, the number one portal in Belgium and CEO of Immowelt, the number two portal in Germany. Before that, he led M&A work at Axel Springer Digital involving a number of the continent's real estate marketplaces, and he has served on the boards of Meilleurs Agents and Lamudi. He holds a bachelor's degree from Oxford and a master's from UCL.
The portals Kusch has run share Homes.com's business model: they market and promote the real estate itself, rather than sell agent leads. That is the same "Your Listing, Your Lead" approach t...
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26.08.26 - 15:12
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CoStar Report Shows Data Centers Fueling Increasing Share of U.S. Industrial Demand (Business Wire)
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ARLINGTON, Va.--(BUSINESS WIRE)--Growth in data center development is fueling an increasing share of U.S. industrial demand, according to a new report from CoStar, the leading global provider of online real estate marketplaces, information and analytics in the property markets.Nationally, data center inventory has reached roughly 69 gigawatts of existing capacity, while another 43 gigawatts are currently under construction.The increase in development activity has impacted industrial demand, with data center-adjacent occupiers accounting for more than 6% of leasing activity across logistics properties within five miles of data center facilities in 2026, up from less than 3% in 2020. Growth has been broad-based across several categories, including construction firms, power and cooling equipment suppliers, operators and IT infrastructure providers.“The data center industry remains one of the fastest-growing segments of commercial real estate,” said Juan Arias, national director of industrial analytics at...
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