AGM/EGMApr 30, 2026, 04:23 PM
CSGP Announces 2026 AGM; 2025 Revenue $3.25B, Adj. EBITDA +83%
AI Summary
CoStar Group announced its 2026 Annual Meeting of Stockholders for June 23, 2026, where proposals include director elections, auditor ratification, executive compensation approval, and an Employee Stock Purchase Plan. The company reported strong 2025 financial results with record revenue of $3.25 billion and surging Adjusted EBITDA of $442 million, alongside strategic acquisitions of Matterport and Domain. Significant changes to executive compensation and board governance were also implemented based on stockholder feedback, including a new $1.5 billion share repurchase program and moderated investment in Homes.com.
Key Highlights
- 2026 Annual Meeting of Stockholders scheduled for June 23, 2026.
- 2025 revenue reached $3.25 billion, a 19% increase year-over-year.
- Adjusted EBITDA surged 83% to $442 million in 2025.
- Completed $500 million share repurchase; authorized new $1.5 billion program.
- Acquired Matterport (Feb 2025) and Domain (Aug 2025) for global expansion.
- Homes.com achieved over $100 million annualized run-rate revenue with 35,000 agents.
- Redesigned 2026 executive compensation with rigorous, quantitative goals.
- Board approved moderating Homes.com investment by $300 million in 2026.