secwatch.observer — SEC 8-K summary
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Issuer:     COSTAR GROUP, INC. (CSGP)
CIK:        0001057352
Form:       8-K
Filed at:   2026-01-07T23:59:59+00:00
Accession:  0001057352-26-000004
Event type: other_material
Sentiment:  positive
Materiality: 0.85
Item codes: 5.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

CoStar guides 2026 Adj. EBITDA to record $740M-$800M, announces $1.5B buyback
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- 2026 revenue guidance $3.78B-$3.82B (~18% YoY growth).
- 2026 Adj. EBITDA $740M-$800M (record, 83% YoY growth, 20% margin).
- Medium-term: ~15% revenue CAGR 2025-2028, $1.25B Adj. EBITDA in 2028.
- Homes.com net investment reduced by $300M in 2026 (from $850M); positive Adj. EBITDA by 2030.
- New $1.5B share repurchase program authorized; CEO Andrew Florance's tax gross-up eliminated.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1057352/000105735226000004/0001057352-26-000004-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1057352/000105735226000004/csgp-20260107.htm
  HTML page:      https://secwatch.observer/filing/0001057352-26-000004

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer