CoStar Group, Inc. (CSGP) Q1 2026 Earnings Call

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WEBVTT 00:00:00.031 -- 00:00:04.737 Hello, everybody, and welcome to the CoStar 00:00:04.737 -- 00:00:08.401 earnings call for Q1 2026. Thank 00:00:08.401 -- 00:00:12.787 you all for joining us. Before I turn the call over to Andy Florence, CoStar Group's 00:00:12.787 -- 00:00:17.592 CEO and founder, and Chris Lown, our CFO, I'd like to review a few of our safe harbor 00:00:17.592 -- 00:00:19.014 statements. 00:00:19.014 -- 00:00:24.260 First of all, certain portions of the discussion today may contain forward-looking statements. 00:00:24.260 -- 00:00:29.393 The company's outlook and expectations are based on current beliefs and assumptions and 00:00:29.393 -- 00:00:34.378 Forward-looking statements involve many risks, uncertainties, assumptions, estimates, 00:00:34.378 -- 00:00:39.844 and other factors that can cause actual results to differ materially from such statements. 00:00:39.844 -- 00:00:44.089 Important factors that can cause actual results to differ include, but are not limited 00:00:44.089 -- 00:00:49.174 to, those stated in CoStar Group's press release issued today and in our filings 00:00:49.174 -- 00:00:53.819 with the SEC. All forward-looking statements are based on the information available to 00:00:53.819 -- 00:00:58.744 CoStar Group on the date of this call. CoStar Group assumes no obligation to update these 00:00:58.744 -- 00:01:03.391 statements whether as a result of new information, future events, or otherwise. 00:01:03.391 -- 00:01:08.737 Reconciliation is the most directly comparable gap measure of any non-gap financial 00:01:08.737 -- 00:01:12.822 measure discussed on this call are shown in detail in our press release issued today, 00:01:12.822 -- 00:01:15.866 along with the definitions for those terms. 00:01:15.866 -- 00:01:20.051 The press...