Rich Ciminelli
Head of Investor Relations
Replay available
CoStar Group, Inc. (NASDAQ: CSGP) Q3 2025 earnings conference call, held 2025-10-28. Replay captured from the company's public earnings webcast.

Head of Investor Relations
Founder & Chief Executive Officer
Chief Financial Officer
Analyst, Citi
Analyst, William Blair
Analyst, KBW
Analyst, Bank of America
Analyst, Stephens
Analyst, Deutsche Bank
good day and thank you for standing by welcome to the q3 2025 costar group earnings conference call at this time all participants are in a listen-only mode please be advised that today's conference is being recorded after the speaker's presentation there will be a question and answer session to ask a question please press star 1 1 on your telephone and wait for your name to be announced to withdraw your question please press star 1 1 again i would not like to hand the conference over to your speaker today Rich Ciminelli, Head of Investor Relations. Thank you very much, Operator, and hello and thank you all for joining us to discuss the third quarter 2025 results of CoStar Group. Before I turn the call over to Andy Florence, CoStar's CEO and founder, and Chris Lown, our Chief Financial Officer, I'd like to review our safe harbor statement. Certain portions of the discussion today may contain forward-looking statements, including the company's outlook and expectations for the fourth quarter 2020. and the rest of 2025 based on current beliefs and assumptions. Forward-looking statements involve many risks, uncertainties, assumptions, estimates, and other factors that can cause actual results to differ materially from such statements. Important factors that can cause actual results to differ include, but are not limited to, those stated in CoStar Group's press release issued earlier today and in our filings with the SEC, including our annual report on Form 10-K and quarterly reports on Form 10-Q. included under the heading risk factors in these filings as well as other filings with the SEC available on the SEC's website. All forward-looking statements are based on the information available to COSTAR on the date of this call. COSTAR assumes no obligation to update these st...