CoStar Group

Just announced: CoStar Group's revenue for Q3 2026 was $952 million, up 14% over revenue of $834 million for Q3 2025. Net new bookings were $37 million for the quarter. Adjusted EBITDA was $229 million in the Q3 2026, doubling from the prior year period. Read more in our press release. ⬇️ https://bit.ly/4e4LX8i

We're pleased to announce that we have entered into a definitive agreement to acquire Vexcel Imaging, the operator of one of the world’s largest survey-grade aerial imagery programs, for approximately $730 million in cash. Read more in our press release. ⬇️ https://bit.ly/3WQ5p2E

🆕 OpenAI featured Apartments.com in its apartment-hunting demo for GPT-6 Astra, using the platform to show how the model can help people complete a demanding, real-world rental search with greater speed, accuracy and judgment. Renters can type Apartments.com in ChatGPT and describe what they need in everyday language that then draws on live Apartments.com information to help renters find, compare and take action on relevant options. The Apartments.com app connects renters with detailed, property-specific information, including unit-level availability, current pricing, floor plans, required and recurring fees, professional photography, community videos and immersive Matterport 3D Tours. Renters can compare communities, message a property manager and request or book a tour without leaving ChatGPT. Our Apartments.com team expects to expand the app with additional proprietary rental information, improved design and new capabilities that make the experience more useful for renters and property managers. Read the press release. ⬇️ https://bit.ly/4gIjWVV

Today, we completed our acquisition of Zonda, extending our proprietary data, analytics, software, and marketplace capabilities into new home construction. Serving as a leading provider of new home construction data, homebuilder software and residential real estate marketplaces, Zonda’s builder relationships and market intelligence complements our existing property information. This will significantly expand our presence into one of the largest and most important sectors of the U.S. real estate economy. The acquisition is expected to enhance the profitability of our residential segment, support continued expansion of our consolidated margin profile, and create new opportunities for long-term growth across the broader residential real estate ecosystem. Read more in our press release. ⬇️ https://bit.ly/4qrg7rc

We're pleased to share that revenue for Q2 2026 was $925 million, up 18% over revenue of $781 million for Q2 2025. Adjusted EBITDA was $184 million in Q2 2026, an increase of 116% from the prior year. Read more in our press release: https://bit.ly/4x9vdDW