Mission Statement, Vision, & Core Values of CoStar Group, Inc. (CSGP)

You are looking at CoStar Group, Inc. (CSGP) because a company that is guiding for a 2025 full-year revenue between $3.23 billion and $3.24 billion is defintely a market force, but those numbers only tell you what they do, not why they matter to your investment thesis. The real question is: can a mission statement and a set of core values truly explain why a company reported $84 million in net new bookings in Q3 2025, a 92% year-over-year jump, while simultaneously posting a GAAP net loss of $31 million?

That kind of aggressive growth, coupled with a short-term loss due to massive investment in areas like Homes.com, shows a strategic alignment-a trade-off between current profitability and future market dominance-that is rooted in their foundational beliefs. So, how does CoStar Group's stated purpose-digitizing the world's real estate and empowering people with data-map onto the near-term risk of a negative operating margin in Q3 2025? Let's break down the vision that underpins their strategy.

CoStar Group, Inc. (CSGP) Overview

You're looking for a clear picture of CoStar Group, Inc.'s (CSGP) foundation and its current market footprint. This company, founded in 1987 by Andrew C. Florance, pioneered the digitization of property data, bringing much-needed transparency to the commercial real estate sector before the internet was even a mainstream tool. It's a data and technology powerhouse, headquartered in Arlington, Virginia, that has grown through organic development and smart, strategic acquisitions.

CoStar Group's core business is providing comprehensive information, analytics, and online marketplaces for both commercial and residential property markets. Their subscription-based model is incredibly sticky, generating a predictable income stream. Key offerings include the CoStar Suite for commercial real estate professionals, the massive commercial property marketplace LoopNet, and the leading apartment rental network Apartments.com. Plus, they've aggressively moved into the residential space with Homes.com and acquired the 3D spatial mapping company Matterport in February 2025 for $1.6 billion, showing a clear commitment to technology investment.

For the full 2025 fiscal year, the company expects to generate revenue between $3.23 billion and $3.24 billion. That's a strong outlook, representing approximately 18% year-over-year revenue growth at the midpoint. Here's the quick math: they are definitely not slowing down.

2025 Financial Performance and Growth Drivers

Honest talk: CoStar Group is on a remarkable run. The third quarter of 2025 (Q3 2025) marked their 58th consecutive quarter of double-digit revenue growth-that's over 14 years of consistent expansion. Total revenue for Q3 2025 hit $834 million, a solid 20% increase over the same quarter last year.

The growth isn't just broad; it's deep and specific to key products. Adjusted EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortization), a good measure of operational profitability, rose significantly to $115 million in Q3 2025, up a massive 51% year-over-year. The commercial information and marketplace businesses are highly profitable, achieving a 47% profit margin in Q3 2025.

The company's focus on new markets is paying off, too. Net new bookings-a forward-looking metric-were up 92% year-over-year in Q3 2025, reaching $84 million. The residential segment, led by Homes.com, is a major growth engine, with annualized net new bookings rising to $16 million in Q3 2025, a 53% quarter-over-quarter increase. This massive push into residential is a clear opportunity, and the Homes.com member base has surged to over 26,000, up nearly 150% since Q3 2024.

• Q3 2025 Total Revenue: $834 million
• Q3 2025 Adjusted EBITDA: $115 million
• CoStar Platform Q3 2025 Revenue: $277 million
• Homes.com Member Growth: Nearly 150% since Q3 2024

CoStar Group: The Undisputed Industry Leader

When you talk about real estate data and marketplaces, CoStar Group is the undisputed leader in North America. They've built this position on decades of meticulous data aggregation and a willingness to spend big on technology and acquisitions. Their comprehensive database covers millions of properties globally, making their platforms the essential toolkit for commercial real estate professionals, from brokers to lenders.

The company is not just resting on its commercial real estate (CRE) dominance; it's actively disrupting the residential market with Homes.com and integrating 3D digital twin technology (from Matterport) across its platforms. This strategy of leveraging its data infrastructure to expand into new, massive verticals is why they remain a dominant force. They are transforming the entire real estate landscape through data and technology. If you want to understand the mechanics behind this success and the institutional interest driving their stock, you should be Exploring CoStar Group, Inc. (CSGP) Investor Profile: Who's Buying and Why?

CoStar Group, Inc. (CSGP) Mission Statement

You're looking for the foundational blueprint that guides a major company's strategy, and for CoStar Group, Inc. (CSGP), that blueprint is clear. A mission statement isn't just a plaque on the wall; it's the operating mandate that drives capital allocation and product development. For CoStar Group, it's the reason they project full-year 2025 revenue in the range of $3.23 billion to $3.24 billion, reflecting approximately an 18% growth rate at the midpoint.

The company's mission is: We are digitizing the world's real estate, empowering all people to discover properties, insights, and connections that improve their businesses and lives. This statement breaks down into three actionable pillars-digital transformation, universal empowerment through data, and measurable life/business improvement-which we can map directly to their operational focus and financial results.

Here's the quick math: if the mission wasn't working, you wouldn't see 58 consecutive quarters of double-digit revenue growth.

Core Component 1: Digitizing the World's Real Estate

This component is all about technology and innovation, transforming physical assets into accessible data. It's what CoStar Group calls 'BUILD AWESOME THINGS' and 'COHESIVE INNOVATION' in their core values. The goal is to move the entire industry away from paper and phone calls to a seamless digital experience, which is a massive undertaking for a $300+ trillion global industry.

A concrete example of this commitment is the acquisition of Matterport in February 2025. This move integrates 3D digital twin technology directly into CoStar Group's offerings, allowing users to virtually walk through a property-commercial or residential-from anywhere. This is defintely a game-changer for due diligence (the process of checking facts before a deal) and marketing.

The company's focus on this digital transformation is also evident in their product updates, like the launch of Smart Search on Homes.com in Q3 2025. This uses proprietary Artificial Intelligence (AI) to let consumers use natural language queries, making the search for a home more precise and conversational. This is how you drive change, not just talk about it.

Core Component 2: Empowering People with Properties, Insights, and Connections

The second pillar focuses on the quality and utility of the data they provide. Empowerment only happens when the information is accurate, timely, and comprehensive. CoStar Group's core value, 'KEEP THE CUSTOMER AT THE CENTER OF ALL WE DO,' is the engine here. You can't make an informed decision with bad data.

The proof of quality is in the retention. The Apartments.com platform, for example, maintains a 99% monthly renewal rate, which is an extraordinary figure that speaks volumes about the value property managers get from the service. Plus, the sheer scale of their reach is empowering: CoStar Group's websites attracted over 143 million average monthly unique visitors in the third quarter of 2025.

This commitment to providing vital utility-not just data-allows clients to mobilize and make confident, intelligent decisions. The company's platforms, including CoStar and LoopNet, serve a diverse clientele: brokers, owners, investors, lenders, and appraisers, all relying on the database of over 5.4 million commercial real estate properties. You're giving people the tools to control their own outcomes.

• Collect extensive data on properties, transactions, and market trends.
• Ensure the highest standards of data accuracy and integrity.
• Provide advanced analytics that translate raw data into actionable insights.

Core Component 3: Improving Their Businesses and Lives

Ultimately, a mission must deliver tangible results for all stakeholders, from the customer to the shareholder. This final component ties CoStar Group's digital and data efforts to real-world impact. For investors, this is about financial performance and growth, and the 2025 guidance is a strong signal.

For the full year 2025, the company expects non-GAAP net income per diluted share to be in the range of $0.82 to $0.84. This is a direct measure of profitability flowing back to shareholders. The strong momentum is also visible in sales, with net new bookings reaching $84 million in the third quarter of 2025, a 92% year-over-year increase. That growth directly improves the 'business' of the company.

Improving 'lives' is also part of the internal culture, reflected in the core value of 'WORK-LIFE BALANCE.' They acknowledge that great professional accomplishments require a sacrosanct place for personal lives and families. This holistic view of success-financial, professional, and personal-is what makes the mission stick. For a deeper dive into the market's perspective on this performance, consider Exploring CoStar Group, Inc. (CSGP) Investor Profile: Who's Buying and Why?

CoStar Group, Inc. (CSGP) Vision Statement

You're looking for the bedrock of CoStar Group, Inc.'s strategy-the north star that guides their massive investment in data and technology. The core vision isn't a single, snappy slogan, but a clear commitment: to be the most inventive and insightful company in the real estate industry. This isn't just about commercial property anymore; it's about being a global leader in the digital transformation of the entire $300+ trillion real estate market.

The vision is a growth mandate, plain and simple. It's the reason they are forecasting full-year 2025 revenue in the range of $3.23 billion to $3.24 billion, representing about an 18% year-over-year growth at the midpoint. That kind of growth doesn't come from standing still. It comes from an aggressive pursuit of being the best, which means constantly building better products.

They are committed to excellence, which means they defintely have to be the most insightful company in the industry.

The Mission: Digitizing the World's Real Estate

The Mission Statement is the action plan that delivers on the Vision: We are digitizing the world's real estate, empowering all people to discover properties, insights, and connections that improve their businesses and lives. This is a powerful, active statement. It tells you exactly where their $415 million to $425 million in projected full-year 2025 Adjusted EBITDA is being deployed-to turn physical assets into digital data.

The work is twofold: first, they build the definitive, comprehensive database for commercial real estate (CRE) and, second, they expand that same data-first approach into the residential market with Homes.com. This dual focus is why their commercial information and marketplace businesses, like CoStar and LoopNet, saw a 47% profit margin in Q3 2025. You can read more about how this structure works on the CoStar Group, Inc. (CSGP): History, Ownership, Mission, How It Works & Makes Money page.

The mission is to empower you with data, so you make better decisions.

Core Values: The Engine of Growth and Innovation

CoStar Group's core values are the operational rules that translate the mission into those impressive financial results. They are a blend of high-performance culture and customer-centricity. For example, the value Keep the Customer at the Center of All We Do is directly tied to their Q3 2025 Net New Bookings soaring by 92% year-over-year to $84 million. Customers are investing more because the products are working for them.

The value Embrace and Drive Change is what fuels the massive, expensive push into the residential space with Homes.com. They are challenging the status quo, and while that resulted in a Q3 2025 Net Loss of $31 million due to heavy investment, the payoff is clear: Homes.com grew its member base to over 26,000 agents, a nearly 150% increase from the end of Q3 2024.

Here are the key values that underpin their operational success and risk management:

• Integrity: Uphold the highest ethical standards at all times.
• Build Awesome Things: Design and build awe-inspiring, beautiful products.
• Cohesive Innovation: Deliver vital utility and tools critical to customer success.
• The Best Teams Anywhere: Hire the best and have a zero-tolerance policy for jerks.
• Continuous Learning: See mistakes as a necessary part of learning and growth.

This focus on Cohesive Innovation is crucial. It means they aren't just collecting data; they are turning it into a vital utility that mobilizes individuals to make confident, intelligent decisions. That's the difference between a data vendor and a market leader.

CoStar Group, Inc. (CSGP) Core Values

You're looking for the bedrock of CoStar Group, Inc.'s performance, the principles that translate into a projected $3.23 billion to $3.24 billion in revenue for the full year 2025. As a seasoned analyst, I can tell you that the company's decade-long run of consistent double-digit growth isn't just about data-it's about how they live their core values. They map near-term risks and opportunities to clear actions, and you can see it in their numbers.

The mission is clear: digitizing the world's real estate to empower all people to discover properties, insights, and connections that improve their businesses and lives. The values are the operating manual for that mission. Here is how CoStar Group is demonstrating its commitment to its core principles right now.

Integrity

Integrity is the foundation, especially when your core product is data and analytics. For CoStar Group, this means upholding the highest ethical standards and earning trust by ensuring the information clients use to make multi-million dollar decisions is defintely accurate. If your data is wrong, the entire business model collapses. It's that simple.

The company's commitment is visible in its rigorous data verification processes, which are crucial for maintaining the reliability of its over 5.4 million commercial real estate properties in its database. This focus on quality is a key driver of the commercial real estate businesses' strong performance, where CoStar and LoopNet saw annualized net new bookings increase by 68% and 200% year-over-year, respectively, in Q1 2025. That kind of growth only happens when the market trusts your numbers implicitly. You can dive deeper into the company's history and structure here: CoStar Group, Inc. (CSGP): History, Ownership, Mission, How It Works & Makes Money.

Keep the Customer at the Center of All We Do

This value is the direct link to CoStar Group's marketplace success. It's about treating the customer the way you want to be treated, which means delivering products that solve their biggest problems. You see this in the massive investment and growth of the residential platform, Homes.com.

The platform's salesforce expanded to 370 representatives in Q1 2025 and was expected to reach 500 by the end of June 2025, a clear commitment of resources to customer service and sales support. More importantly, the Homes.com network solidified its position as the number two residential real estate marketplace in the U.S. by Q1 2025, a direct result of prioritizing the user experience. By Q3 2025, Homes.com had over 26,000 members, an increase of nearly 150% since Q3 2024. That is a staggering growth rate that proves the customer-centric model is working.

Cohesive Innovation and Build Awesome Things

Innovation isn't just a buzzword here; it's a strategic imperative tied to capital allocation. The goal is to design and build awe-inspiring, beautiful products that delight and improve the lives of billions of people. For a data company, this means constantly pushing the technological envelope.

The most concrete example in 2025 is the acquisition of Matterport, which was completed in February 2025. This move integrates 3D digital twin technology into CoStar Group's offerings, allowing for more immersive property exploration. Plus, the launch of an AI-driven feature called Smart Search on Homes.com in Q3 2025 is a tangible example of this value in action. The company is effectively managing costs while innovating, as evidenced by the raised full-year 2025 Adjusted EBITDA guidance, now projected between $415 million and $425 million.

The Best Teams Anywhere

A company that hires the best and has a zero-tolerance policy for jerks is a company that understands human capital is its greatest asset. In the competitive Information Technology sector, retaining top talent is a financial priority.

This commitment was formalized in June 2025 with the stockholder approval of the CoStar Group 2025 Stock Incentive Plan. This plan is specifically designed to enhance employee retention and align management incentives with long-term shareholder value. It's a direct financial mechanism to uphold the value of having the best teams. The company's global employee count is over 8,300, and the 2025 plan is a clear signal that CoStar Group is investing in its people to sustain its growth trajectory.