Company Description
CoStar Group, Inc. (NASDAQ: CSGP) is a global company focused on commercial and residential real estate information, analytics, online marketplaces, and 3D digital twin technology. According to multiple company disclosures, CoStar Group describes itself as dedicated to digitizing the world’s real estate so that people can discover properties, insights, and connections that improve their businesses and lives. The company was founded in 1986 and is headquartered in Arlington, Virginia.
CoStar Group is associated with a portfolio of real estate–focused brands that span data, analytics, marketplaces, and spatial technology. Its brands include CoStar, which the company describes as a leading global provider of commercial real estate data, analytics, and news; LoopNet, characterized as the most trafficked commercial real estate marketplace; and Apartments.com, which the company calls the leading platform for apartment rentals. CoStar Group also highlights Homes.com, described as the fastest-growing residential real estate marketplace and the second largest portal in the United States, and Domain, referred to as one of Australia’s leading property marketplaces.
Beyond marketplaces, CoStar Group references several data and technology–oriented brands. These include Matterport, which it describes as a leading spatial data company whose platform turns buildings into data to make spaces more valuable and accessible; STR, described as a global leader in hospitality data and benchmarking; Ten-X, an online platform for commercial real estate auctions and negotiated bids; OnTheMarket, a residential property portal in the United Kingdom; and Visual Lease, which is presented as a premier platform for integrated lease management, accounting, reporting, and sustainability-related data.
In its public communications, CoStar Group emphasizes the scale of its digital reach. The company has stated that its websites attracted over 141 million to 143 million average monthly unique visitors in the third quarter of 2025, serving clients and users around the world. It also notes that it plans to utilize its corporate website as a channel for distributing material company information, including investor presentations and other updates.
The company’s activities extend across commercial property sectors and residential markets. Various CoStar-branded reports and forecasts referenced in recent news releases cover topics such as office leasing activity, multifamily rent trends, retail market performance, commercial real estate yields, and national home price appreciation. These reports illustrate how CoStar Group uses its information and analytics capabilities to analyze leasing volumes, rent growth, cap rates, and other market indicators across different regions and property types.
CoStar Group also highlights the role of technology, including 3D digital twin capabilities and an internal AI platform. In one of its outlook announcements, the company notes that it is deploying AI across its businesses to support content creation, research of public records, code writing, and lease data extraction, and that it intends to make AI enhancements to user experiences on its marketplace platforms. These statements underscore how the company links its data assets with technology to support efficiency and product development.
In addition to organic development, CoStar Group has pursued growth through acquisitions. For example, an 8-K filing dated August 27, 2025, reports that the company completed the acquisition of 100% of the issued capital of Domain Holdings Australia Limited, having previously held a minority stake. The company also notes in its news releases that Homes.com is a CoStar Group brand acquired in 2021.
CoStar Group describes its business model in broad terms in its communications. It refers to a subscription business model in the context of its core operations, and to online marketplaces that connect property listings with users. The company also notes, in a financial outlook release, that it focuses on a high-margin subscription business model and that it is working to scale Homes.com and drive profitability over time. While specific revenue breakdowns are not detailed in the provided materials, the emphasis on subscription-based services and online marketplaces is consistent across its disclosures.
From a corporate governance and capital allocation perspective, CoStar Group’s filings and press releases refer to a Board of Directors, a Capital Allocation Committee, and shareholder-approved equity incentive plans. An 8-K filing dated June 26, 2025, describes the approval of the CoStar Group, Inc. 2025 Stock Incentive Plan, which permits grants of stock options, stock appreciation rights, restricted stock, and restricted stock units to employees, officers, consultants, and directors. Another release outlines a share repurchase authorization and describes the company’s approach to returning capital to stockholders while funding organic growth.
CoStar Group’s communications also describe Homes.com as an important component of its residential portfolio, which includes Apartments.com, Domain, OnTheMarket, and Land.com (referenced as part of the Homes.com Network). The company has publicly discussed investment levels and long-term profitability goals for Homes.com, indicating that it views this platform as a strategic part of its ecosystem.
According to the company’s own descriptions, CoStar Group positions itself at the intersection of real estate markets, data, analytics, and online marketplaces. Its brands provide information and digital platforms that are used by a wide range of market participants, including those involved in commercial properties, multifamily housing, hospitality, and residential real estate.
Business Focus and Operations
Based on the company’s public statements, CoStar Group’s operations center on three broad areas: real estate information and analytics, online marketplaces, and 3D digital twin and spatial data technology. The CoStar-branded services focus on commercial real estate data, analytics, and news, while marketplaces such as LoopNet, Apartments.com, Homes.com, Domain, and OnTheMarket provide online property search and marketing platforms.
The company also emphasizes its role in hospitality data and benchmarking through STR, in commercial real estate transactions through Ten-X, and in spatial data and digital twins through Matterport. Visual Lease and CoStar Real Estate Manager are highlighted in a survey-based report as tools that help finance and real estate executives manage lease portfolios, accounting, reporting, and sustainability-related information.
Market Presence and Scale
CoStar Group repeatedly characterizes itself as a global leader in its category, noting that it serves clients around the world and operates multiple brands that are described as leading or most trafficked in their respective niches. The company’s reported web traffic metrics, with over 140 million average monthly unique visitors across its sites in a recent quarter, provide a sense of the scale of its digital presence.
Regulatory Filings and Public Company Status
CoStar Group, Inc. files reports with the U.S. Securities and Exchange Commission, including Form 8-K current reports that describe financial results, acquisitions, shareholder votes, and governance matters. The provided 8-K filings confirm that the company remains an SEC registrant and that it is not classified as an emerging growth company. These filings also indicate that CoStar Group uses its corporate website as a channel for disseminating material information.
Frequently Asked Questions (FAQ)
- What does CoStar Group, Inc. do?
CoStar Group, Inc. describes itself as a global leader in commercial real estate information, analytics, online marketplaces, and 3D digital twin technology. Through brands such as CoStar, LoopNet, Apartments.com, Homes.com, Domain, STR, Ten-X, Matterport, OnTheMarket, and Visual Lease, it provides data, analytics, and digital platforms related to real estate and lease management. - When was CoStar Group founded?
In its public communications, CoStar Group states that it was founded in 1986. - Where is CoStar Group headquartered?
Company disclosures indicate that CoStar Group is headquartered in Arlington, Virginia. - On which exchange does CoStar Group trade and under what symbol?
CoStar Group states that its common stock trades on NASDAQ under the ticker symbol CSGP. - What are some of CoStar Group’s major brands?
According to the company, major brands include CoStar (commercial real estate data, analytics, and news), LoopNet (commercial real estate marketplace), Apartments.com (apartment rentals platform), Homes.com (residential real estate marketplace), Domain (Australian property marketplace), Matterport (spatial data and digital twins), STR (hospitality data and benchmarking), Ten-X (commercial real estate auctions and negotiated bids), OnTheMarket (UK residential property portal), and Visual Lease (integrated lease management and accounting platform). - How does CoStar Group describe its business model?
In a financial outlook release, CoStar Group refers to its core business as a high-growth, high-margin subscription business model and emphasizes the role of online marketplaces. It also notes that it is working to scale Homes.com and reduce net investment in that platform over time. - What role does technology play in CoStar Group’s operations?
CoStar Group highlights the use of 3D digital twin technology and an internal AI platform. The company states that it deploys AI to support content creation, research of public records, code writing, and lease data extraction, and that it plans to make AI enhancements to user experiences across its marketplace platforms. - Has CoStar Group grown through acquisitions?
Yes. For example, an 8-K filing dated August 27, 2025, reports that CoStar Group completed the acquisition of the remaining shares of Domain Holdings Australia Limited. The company also notes that Homes.com became a CoStar Group brand through an acquisition in 2021. - What types of market research does CoStar Group publish?
Recent news releases show that CoStar Group and its brands publish reports on office leasing activity, multifamily rent growth, retail market performance, commercial real estate yields, national home price appreciation, and lease portfolio management trends. These reports draw on the company’s data and analytics capabilities. - How does CoStar Group engage with stockholders on governance and compensation?
CoStar Group’s disclosures describe a Board of Directors and committees such as a Capital Allocation Committee and a Compensation Committee. The company has reported on a redesigned executive compensation program and on stockholder votes approving the CoStar Group, Inc. 2025 Stock Incentive Plan, as detailed in its 8-K filings.