CoStar Group

CoStar Group

Commercial real estate data, analytics, marketplaces

Overview

CoStar Group provides information, analytics, and online marketplaces for the commercial real estate industry. Its core products are detailed property data, market analyses, and tools to compare and evaluate properties, delivered via subscription access. It also runs online marketplaces like Apartments.com and LoopNet that connect renters with apartments and buyers/tenants with commercial properties, earning revenue from subscriptions, advertising, and transaction fees. The company differentiates itself through a large, integrated data platform and a suite of marketplaces that cover both residential rentals and commercial properties, with a strong presence in the U.S. and expanding globally. Its goal is to help brokers, property owners, investors, and lenders make informed real estate decisions and efficiently connect buyers, renters, and property listings across markets.

About CoStar Group

Simplify's Rating
Why CoStar Group is rated
B
Rated A on Competitive Edge
Rated B on Growth Potential
Rated C on Differentiation

Industries

Data & Analytics

Enterprise Software

Real Estate

Company Size

5,001-10,000

Company Stage

IPO

Headquarters

Washington DC, District of Columbia

Founded

1987

Get referred to CoStar Group

See people who can refer or advise you

Simplify Jobs

Simplify's Take

What believers are saying

  • Q2 2026 revenue rose 18% to $925 million, and adjusted EBITDA more than doubled.
  • Residential operations turned profitable in Q2 2026, with $12 million adjusted EBITDA and stronger monetization.
  • Zonda added 3,000 customers and $170 million revenue, improving cross-sell across residential and lending.

What critics are saying

  • Four antitrust suits consolidated August 14, 2026 threaten CoStar's data-sharing and pricing model.
  • Zillow's March 2026 copyright fight and February dismissal motion signal a long, expensive rivalry.
  • Q3 2026 revenue guidance of $935 million to $945 million missed Wall Street, pressuring valuation.

What makes CoStar Group unique

  • CoStar owns proprietary CRE and housing datasets built over decades, not scraped listings.
  • Its marketplaces, Apartments.com, LoopNet, Homes.com, and NewHomeSource, drive 118 million monthly visitors.
  • Zonda closes August 21, 2026, extending CoStar into new-home construction data and workflows.

Help us improve and share your feedback! Did you find this helpful?

Funding

Total Funding

$7.5M

Above

Industry Average

Funded Over

1 Rounds

Post IPO Equity funding comparison data is currently unavailable. We're working to provide this information soon!
Post IPO Equity Funding Comparison
Coming Soon

Benefits

Health Insurance

Dental Insurance

Vision Insurance

Life Insurance

Disability Insurance

Mental Health Support

Commuter Benefits

401(k) Retirement Plan

401(k) Company Match

Employee Stock Purchase Plan

Paid Vacation

Tuition Reimbursement

Wellness Program

Gym Membership

Company Equity

Stock Price

Company News

Virginia Business
Aug 26th, 2026
CoStar monopoly lawsuits consolidated in Virginia.

CoStar monopoly lawsuits consolidated in Virginia. Four consolidated suits to be heard in Eastern District of Virginia * Four antitrust lawsuits against CoStar consolidated in Virginia federal court * Two suits were filed in Virginia, one each in California, Washington, D.C. * Lawsuits allege CoStar violated Sections 1 and 2 of Sherman Act Four antitrust lawsuits filed against Arlington County-based real estate data and analytics company CoStar Group have been consolidated in federal court in Virginia. Per court records, the U.S. Judicial Panel on Multidistrict Litigation earlier this month combined three similar suits filed earlier this year in Virginia, California and Washington, D.C. A fourth suit filed later by a CoStar customer was added to the consolidated suits, which will be heard by Judge David J. Novak for the U.S. District Court for the Eastern District of Virginia. The suits all allege CoStar participated in monopolistic practices. The initial Virginia case, Shapiro Hospitalities dba Grand & Co. v. CoStar Group, et al., was filed in the Eastern District in April. The complaint, brought forth by Shapiro Hospitalities, claims CoStar violated federal antitrust law by maintaining monopoly power as the dominant provider of commercial real estate, or CRE, online listings and information. The complaint in Shapiro alleged CoStar coerced the three largest CRE brokerages into noncompete agreements, limiting the information that could be shared with CoStar competitors and excluding any rival platform from competing without access to the information. "This is a rare case about a company that has perpetrated an anticompetitive scheme so pernicious that its own customers openly lament how it has destroyed competition, leaving them no choice but to pay its supracompetitive prices," the complaint states. The filing specifically alleges violations of Sections 1 and 2 of the Sherman Act. "By restraining customers' ability to share their own CRE information with CoStar competitors, CoStar has created and maintained a dangerous probability that its attempt to monopolize will succeed," the complaint states. In the Aug. 14 decision by the U.S. Judicial Panel on Multidistrict Litigation, the panel wrote that CoStar opposed consolidation but asked that the actions be transferred to Virginia should consolidation occur. "We find that the Eastern District of Virginia is the most appropriate transferee district for this litigation," U.S. Judicial Panel on Multidistrict Litigation Acting Chair Matthew F. Kennelly wrote. "CoStar is headquartered in this district, and most parties support centralization there, in the first instance or in the alternative." Kennelly selected Novak to preside over the consolidated action, writing that he "is familiar with the contours of multidistrict and complex litigation, and we are confident he will steer this matter on an efficient and prudent course." The cases transferred to Virginia include Malm Inc. v. CoStar Group from the Central District of California and One Real Estate, dba The One Street Co. v. CoStar Group from the District of District of Columbia. The fourth case, Oster v. CoStar Group, was filed in the Eastern District of Virginia after consolidation proceedings began. In the new filing, plaintiff Brad Oster, a New Orleans resident who has paid for a "Premium Listing Plan" and CRE listing services from CoStar, alleged similar violations of the Sherman Act. "CoStar did not achieve this dominance through superior products or competitive pricing," the complaint states. "It achieved dominance by eliminating competitors through acquisition and litigation, and then by deploying a self-reinforcing anticompetitive scheme designed to prevent any new competitor from challenging its position." CoStar has 8,400 employees and 86 offices in 15 countries. In 2025, the company reported $3.2 billion in revenue, up 19% over 2024's $2.7 billion. Its websites attracted an average of 118 million unique monthly visitors during the second quarter of this year.

PYMNTS
Aug 25th, 2026
CoStar hit with consolidated antitrust challenge over property data.

CoStar hit with consolidated antitrust challenge over property data. By CPI | August 25, 2026 CoStar Group is confronting a widening antitrust battle, with several lawsuits accusing the commercial real estate data provider of using its market position to suppress competition even as the company seeks to dismiss a separate case alleging it helped facilitate rent price-fixing. Four antitrust cases have been consolidated in federal court in Virginia, according to an Aug. 25 report by the Washington Business Journal. The lawsuits accuse Arlington, Virginia-based CoStar of monopolistic practices involving commercial real estate data and information services. The litigation puts fresh scrutiny on a business model built around collecting, organizing and selling property and transaction information relied upon by brokers, landlords, investors and other commercial real estate professionals. One of the cases was initially filed in April by Shapiro Hospitalities LLC, doing business as Grand & Co., in the U.S. District Court for the Eastern District of Virginia. The complaint alleges CoStar controls roughly 80% of national markets for internet-based commercial real estate listing and information services, according to the plaintiffs' law firm, DiCello Levitt. That figure is an allegation and hasn't been established by a court. The plaintiffs contend that CoStar reinforced its position through contractual restrictions and other measures that limited customers' ability to provide their own listings and data to competing platforms. They are seeking damages as well as court-ordered changes intended to increase competition, according to DiCello Levitt. The consolidated monopoly litigation comes as CoStar also battles a different proposed class action focused on the exchange of commercial leasing information. FitFactariDC LLC, a commercial tenant, sued CoStar and five major real estate brokerages - CBRE Group Inc., Colliers International Group Inc., Cushman & Wakefield Plc, Jones Lang LaSalle Inc. and Newmark Group Inc. - in Illinois federal court in June. The plaintiff alleges the companies participated in a so-called hub-and-spoke conspiracy that allowed sensitive leasing information to move among competitors and contributed to higher rents. According to the Washington Business Journal's Aug. 25 report, CoStar has moved to dismiss that price-fixing case. The company's effort to knock out the lawsuit underscores the distinct legal fronts it now faces: allegations that it monopolized commercial real estate information markets and claims that its data platform facilitated anticompetitive coordination among brokerage firms. Please add Competition Policy International to your preferred sources list so its news, data and interviews show up in your feed. Thanks! CoStar has rejected the price-fixing allegations. General Counsel Gene Boxer previously described the complaint as poorly conceived and said the company expected to prevail, according to Bisnow. The disputes arrive as courts increasingly wrestle with how traditional antitrust law applies to data-sharing platforms and information services. Plaintiffs in such cases have sought to show that exchanging competitively sensitive information through third-party systems can reduce independent decision-making even without an old-fashioned agreement among rivals. CoStar has already prevailed at an early stage in another data-sharing antitrust dispute. In August 2025, U.S. District Judge Robert Lasnik in Seattle dismissed a proposed class action accusing CoStar's Smith Travel Research unit and luxury hotel operators of fixing hotel-room prices through an industry benchmarking program. Lasnik concluded that the plaintiffs hadn't sufficiently alleged an agreement violating Section 1 of the Sherman Act, though he allowed them an opportunity to amend their complaint. That ruling doesn't determine the outcome of the newer commercial real estate cases, which involve different plaintiffs, markets and allegations. But the cases collectively raise a question increasingly important to industries built around proprietary databases: when does the aggregation and distribution of market information cross the line from providing useful intelligence to restraining competition? For CoStar, the answer could carry consequences beyond damages in any individual lawsuit. The company's commercial real estate databases sit at the center of an information network used across the industry, making challenges to the way that data is collected, protected and distributed potentially significant for both CoStar and its customers. The allegations in the pending cases remain unproven, and CoStar is contesting the claims.

Associated Press
Aug 21st, 2026
CoStar Group acquires Zonda for $800M, expands into new home construction data and analytics

CoStar Group has completed its acquisition of Zonda for $800 million in cash. The deal expands CoStar's presence in residential real estate, adding new home construction data and analytics capabilities. Zonda serves over 3,000 customers, including major North American homebuilders, developers, and lenders. In 2025, the company generated approximately $170 million in revenue at a 23% adjusted EBITDA margin. The acquisition brings NewHomeSource.com and Livabl marketplaces into CoStar's portfolio. These platforms focus exclusively on new construction properties. The US new home market represents approximately $400 billion in annual sales. CoStar chief executive Andy Florance said the combination creates opportunities to deliver more value to builders and accelerate innovation across the homebuilding ecosystem. The deal is expected to enhance profitability in CoStar's residential segment.

Yahoo Finance
Aug 19th, 2026
Intel CEO invests $10M in shares as chipmaker posts 25% revenue growth driven by AI demand

Intel CEO Lip-Bu Tan purchased nearly $10 million worth of shares as part of the chipmaker's recent stock offering, signalling confidence in the company's turnaround. Intel recently reported revenues of $16.1 billion, growing 25% year-over-year, with its Data Centre and AI business unit seeing revenue surge nearly 60% to $6.3 billion. CoStar Group founder and CEO Andrew Florance purchased 83,300 shares totalling roughly $2.5 million. Pfizer CEO Albert Bourla similarly invested, purchasing 38,000 shares for just over $1 million. These insider purchases reflect executives' confidence in their companies' longer-term outlook, with investors often viewing such moves as a positive signal.

Associated Press
Aug 18th, 2026
CoStar Group appoints Steve Price as president of Ten-X commercial real estate auction platform

CoStar Group has appointed Steve Price as president of Ten-X, its digital commercial real estate auction platform. Price brings 12 years of senior leadership experience from Auction.com, where he most recently served as executive vice president of foreclosure auction services. At Auction.com, Price scaled disposition programmes handling billions in real estate transactions and reduced operating costs by over 40% through technology and automation. He also developed remote bidding capabilities that have facilitated more than $2.2 billion in total fundings. As president, Price will build a leadership team for Ten-X and implement data-driven approaches to sales, service quality, marketing and product performance. Ten-X will operate as a standalone brand with dedicated leadership, whilst auctions remain available on CoStar and LoopNet platforms.

Recently Posted Jobs

Sign up to get curated job recommendations

CoStar Group is Hiring for 396 Jobs on Simplify!

Find jobs on Simplify and start your career today

Don't see your dream role? Check out thousands of other roles on Simplify. Browse all jobs →