COSTAR GROUP, INC.

CoStar Group announced a definitive agreement to acquire Vexcel Group for approximately $730 million in cash. Vexcel is a leading provider of aerial imagery and geospatial data, with revenues exceeding $140 million in the last twelve months. The acquisition is expected to close in the first quarter of 2027 and be accretive to Adjusted EPS in the first full year. In addition, CoStar Group reported strong third-quarter financial results, with revenue up 14% to $952 million and Adjusted EBITDA doubling year-over-year to $229 million. The company also raised its full-year 2026 revenue and Adjusted EBITDA guidance.

CoStar Group reported strong financial results for Q2 2026, with revenue climbing to $925 million and net income significantly increasing to $55 million, resulting in diluted EPS of $0.14. The company also generated $267 million in net cash from operating activities over the first six months of 2026. Strategic activities included the proposed acquisition of Zonda and the repurchase of $587 million in stock, alongside the settlement of $109 million in litigation accruals.

CoStar Group announced strong Q2 2026 financial results, with revenue increasing 18% to $925 million and net income surging 817% to $55 million. Adjusted EBITDA more than doubled year-over-year to $184 million, marking a profitability inflection point. The company's residential segment turned Adjusted EBITDA positive for the first time, and it launched Apartments.com Ai while expanding into France. CoStar Group affirmed its full-year 2026 Adjusted EBITDA guidance and revised its revenue guidance upwards.

CoStar Group announced the appointment of Robin Rossmann as its new Chief Financial Officer, effective July 31, 2026. Rossmann, currently the Company's Managing Director, Europe, brings over 20 years of financial and operational leadership, having significantly improved European margins and driven double-digit revenue growth. He succeeds Christian Lown, who is resigning for an opportunity outside the company's industry. Rossmann's compensation package includes an annual base salary, incentive bonus, a $2.5 million equity grant, and a $500,000 relocation subsidy.

CoStar Group, Inc. announced the results of its Annual Meeting of Stockholders held on June 23, 2026. Stockholders approved all proposals, including the 2026 Employee Stock Purchase Plan (ESPP), which authorizes the issuance of 2,500,000 shares. All eight director nominees were reelected, Ernst & Young LLP was ratified as the independent auditor, and the advisory resolution on executive compensation received overwhelming support. The company's CEO highlighted strong stockholder confidence in their strategy.

CoStar Group, Inc. announced it will acquire Zonda, a leading provider of new home construction data, homebuilder software, and residential real estate marketplace solutions, for $800 million in cash. Zonda serves over 3,000 customers and operates prominent online marketplaces like NewHomeSource.com and Livabl. The acquisition is expected to be accretive to adjusted EPS in the first full year of ownership and is anticipated to close in the second half of 2026, subject to customary closing conditions and regulatory approvals.

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.

CoStar Group, Inc. reported a significant improvement in its financial performance for the first quarter of 2026, with revenue climbing to $897 million and net income turning positive at $3 million, compared to a net loss in the prior year. Diluted earnings per share also improved to $0.01. The company generated $152 million in net cash from operating activities and repurchased $505 million of its stock during the quarter, following its acquisitions of Matterport and Domain in 2025.

CoStar Group reported strong first-quarter 2026 results with revenue increasing 23% year-over-year to $897 million and net income turning positive at $3 million, up from a $15 million loss in Q1 2025. Adjusted EBITDA doubled to $132 million, significantly exceeding guidance. The company also highlighted successful AI product launches for Homes.com and Apartments.com, driving substantial traffic and customer engagement, and raised its full-year 2026 Adjusted EBITDA guidance.