Latest CoStar Group News & Updates

See the latest news and media coverage for CoStar. We track all announcements, press releases, and industry mentions in real time, all in one place.

CoStar Group (CoStar)

Real estate information, analytics, marketplaces, and 3D technology company

costargroup.com

Headquarters: Arlington, United States
Company type: Public company
Number of employees: 10,000–13,000
Industry: Real Estate Services

Last updated October 28

Latest news about CoStar Group (CoStar)

In short: CoStar reported record Q3 revenue, raised its 2026 outlook and announced a planned $730 million Vexcel acquisition.

Company announcements

October 27 CoStar

CoStar reports third quarter 2026 results

Revenue reached $952 million, up 14% year-over-year. The company provides full year outlooks for revenue and earnings.

October 27 CoStar

CoStar acquires Vexcel for $730M to add aerial imagery data

The deal adds billions of AI-derived data fields from Vexcel's global survey-grade imagery program. Expected to close in Q1 2027.

September 14 CoStar

CoStar appoints Felix Kusch as new President

Kusch joins after leading major European real estate portals Immoweb and Immowelt, sharing the 'Your Listing, Your Lead' business model.

August 21 CoStar

CoStar completes Zonda acquisition for $800 million

This deal expands CoStar's residential data and marketplace capabilities into the new home construction sector, adding NewHomeSource.com.

Media coverage

October 28 Yahoo Finance

CoStar Sinks 14% Despite Record Profit. Bookings Growth Still "Below Our Expectations"

Key TakeawaysCoStar Group shares fell 14% today after third-quarter net new bookings came in at $37 million, down from $84 million a year earlier. CoStar's...

October 27 The Globe and Mail

CoStar Group Posts Record Quarter, Raises 2026 Outlook

CoStar Group ( ) just unveiled an update. On October 27, 2026, CoStar Group reported record third-quarter results, with revenue for the period ended September...

October 27 HousingWire

CoStar wants faster Homes.com growth, it is shifting sales into the field

CoStar Q3 2026 revenue rose 14% to $952 million as net new bookings missed at $37 million and Homes.com shifted to field sales.

October 27 Richmond Times-Dispatch

CoStar adds aerial imagery to portfolio with $730 million deal

CoStar's $730 million acquisition of Vexcel adds high-resolution aerial imagery and geospatial data to its growing real estate technology portfolio.

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