CoStar Group
32 named things its latest annual report says its results depend on, each in the company's own words. 23 of them are also named by other companies we've read.
Suppliers
Multiple Listing Services (MLS)
depends onnamed as a riskWe get listings data primarily from MLSs in the markets we serve.Risk factors (Item 1A)
Matterport hardware component suppliers
depends onnamed as a riskMatterport relies on a limited number of suppliers to supply its hardware components for its cameras and other hardware products, including in some cases only a single supplier for some products and components.Risk factors (Item 1A)
Partners and platforms
Amazon Web Services (AWS)
depends on · a majority of our computingnamed as a riskWe currently run a majority of our computing on AWS and ACC and have built our software and computer systems to use computing, storage capabilities, bandwidth, and other services provided by AWS and ACC.Risk factors (Item 1A)
Also named by AAON, ABNB, ADSK, AIOT, BLK, CARR, CG, COF and 56 more
Alibaba Cloud (ACC)
depends on · a majority of our computingnamed as a riskGiven this, any significant disruption of or interference with AWS or ACC, whether temporary, regular, or prolonged, would negatively impact our operations and our business.Risk factors (Item 1A)
Also named by MDB
Google, Bing, DuckDuckGo and other internet search engines drive traffic to our websites, including CoStar.com, the LoopNet Network, the Apartments.com Network, our Homes.com and OnTheMarket residential marketplaces, the Land.com Network, and BizBuySell Network.Risk factors (Item 1A)
Also named by ABNB, AES, APP, BKNG, CTSH, DOCU, ETSY, EXPE and 14 more
Other companies
Matterport
named as a riskWe may be unable to realize the benefits of the acquisition of either Matterport or Domain, which could have an adverse effect on us.Risk factors (Item 1A)
Domain
named as a riskThe success of the Matterport Acquisition and Domain Acquisition will depend in part on our ability to realize the anticipated business opportunities and growth prospects from combining our business with that of Matterport and Domain.Risk factors (Item 1A)
Homes.com
named as a riskWe have incurred, and expect to continue to incur, significant costs to develop and market Homes.com.Risk factors (Item 1A)
STR hotel antitrust class action
named as a riskFor example, on February 20, 2024, several individuals who allegedly rented “luxury” hotel rooms in metropolitan areas in the United States filed a putative antitrust class action alleging that through CoStar's STR hospitality industry benchmarking products, the hotel defendants agreed to share competitively sensitive price and supply information regarding luxury hotel rooms, and that the sharing of that information has allowed the hotel defendants to increase prices for luxury hotel rooms.Risk factors (Item 1A)
Apartment rental market vacancy rates
exposed to its pricenamed as a riskFurther, with respect to the Apartments.com Network and LoopNet Network, our ability to attract and retain advertisers also depends on the current apartment rental market and apartment vacancy rates and commercial rental market and vacancy rates, respectively.Risk factors (Item 1A)
Places
United States
concentrated in · approximately 78% of the overall employee population6,602 U.S.-based employees, representing approximately 78% of the overall employee populationBusiness (Item 1)
Also named by ABBV, ADP, AJG, AMGN, APA, AXGN, AXP, BALL and 139 more
China
depends onnamed as a riskOur access to suppliers in China may be limited or impaired as a result of tariffs, including those that have been recently introduced by the current U.S. administration, or other government restrictions in response to geopolitical factors.Risk factors (Item 1A)
Also named by A, AA, AAOI, AAP, AAPL, AB, ADI, AEHR and 261 more
California
operates innamed as a riskWe also maintain communications, network, and computer hardware used to operate some of our mobile applications and websites at facilities in Virginia and California.Risk factors (Item 1A)
Also named by A, AAON, AFRM, ALK, ALLY, AN, ARE, AVAV and 88 more
Virginia
operates innamed as a riskWe also maintain communications, network, and computer hardware used to operate some of our mobile applications and websites at facilities in Virginia and California.Risk factors (Item 1A)
Also named by AUB, CNX, D, ELV, PNFP, PPL, TFC, TREX and 1 more
Richmond, Virginia
operates innamed as a riskThese plans have required and will continue to require significant capital expenditures over the next several years and our business plans may change.Risk factors (Item 1A)
Also named by KNSL
Commodities and inputs
British Pound
exposed to its price · approximately 9% of total revenuenamed as a riskFluctuations in the British Pound, Canadian Dollar, Australian Dollar, and Euro may have an impact on our business, results of operations, and financial position.Market risk (Item 7A)
Also named by ABBV, ADBE, AJG, AME, AMP, APA, BF/B, BRO and 39 more
Australian Dollar
exposed to its price · approximately $29 millionnamed as a riskFor the years ended December 31, 2025 and December 31, 2024, our revenue would have decreased by approximately $29 million and $14 million, respectively, if the U.S. dollar exchange rate used strengthened by 10%.Market risk (Item 7A)
Also named by ADBE, BEN, BF/B, BTU, EEFT, EZPW, GPC, HRB and 13 more
Regulators
Federal Trade Commission (FTC)
subject to · termination fee of $52 millionnamed as a riskFor example, in 2021, the FTC withheld approval for our proposed acquisition of RentPath, the purchase agreement was subsequently terminated, and we incurred a termination fee of $52 million.Risk factors (Item 1A)
Also named by AMZN, AN, AVGO, BJ, CART, CELH, CHD, CHE and 56 more
Laws and programs
EU Digital Services Act (DSA)
subject to · fines of up to 6% of total annual worldwide turnovernamed as a riskThe DSA and the OSA may increase our compliance costs, require changes to our user interfaces, processes, operations, and business practices which may adversely affect our ability to attract, retain and provide our services to customers, and may otherwise adversely affect our business, operations and financial condition.Risk factors (Item 1A)
Also named by ABNB, ADBE, BKNG, DASH, EBAY, ETSY, GDDY, GOOG and 8 more
UK Online Safety Act (OSA)
subject to · fines of up to 10% of total annual worldwide turnover or £18 millionnamed as a riskSimilarly, in the United Kingdom, the OSA establishes an extensive regulatory framework for certain user-to-user and search services and imposes obligations to protect users from illegal content.Risk factors (Item 1A)
2024 Credit Agreement
up to $1.1 billionnamed as a riskOn May 20, 2024, we entered into the 2024 Credit Agreement, which provides for variable rate borrowings of up to $1.1 billion.Market risk (Item 7A)
General Data Protection Regulation (GDPR)
subject tonamed as a riskFailure to comply with the GDPR could result in penalties for noncompliance.Risk factors (Item 1A)
Also named by A, AB, ABNB, ADBE, ADP, AGX, AIOT, AJG and 100 more
California Consumer Privacy Act (CCPA)
subject tonamed as a riskThe CCPA also provides for civil penalties for violations, as well as a private right of action for data breaches that may increase data breach litigation.Risk factors (Item 1A)
Also named by AAP, AIOT, AKAM, ALL, APP, AYI, BAC, BBSI and 69 more
Telephone Consumer Protection Act (TCPA)
subject tonamed as a riskIn particular, any claims that we have violated the TCPA could be costly to litigate and could expose us to substantial statutory damages or settlement costs.Risk factors (Item 1A)
Also named by ADP, AFL, BBW, CART, COMP, CRM, FCFS, GDDY and 9 more
EU Data Act
subject tonamed as a riskThe Data Act, together with developing guidance in this area, may require changes to our products, customer contracts, operations, and business practices, increase our compliance costs, require adjustments to our revenue recognition practices, and adversely affect our financial condition, business, and operations.Risk factors (Item 1A)
Also named by ADBE, DDOG, IOT, KVYO, MSFT, NET, NOW, PLTR and 6 more
U.S. tariffs on Chinese imports
subject tonamed as a riskOur access to suppliers in China may be limited or impaired as a result of tariffs, including those that have been recently introduced by the current U.S. administration, or other government restrictions in response to geopolitical factors.Risk factors (Item 1A)
EU NIS 2 Directive
subject tonamed as a riskFurther, the EU’s NIS 2 and its EU Member State transpositions and implementing regulations impose security obligations, including on online marketplace providers.Risk factors (Item 1A)
Also named by EQIX
Multifamily rental algorithmic pricing regulation
subject tonamed as a riskMoreover, if state and/or federal legislation regulating the use of third-party algorithmic revenue management systems by multifamily apartment rental companies is passed with language that moves beyond the scope of the current cases and investigations, the impact to us is difficult to predict.Risk factors (Item 1A)
Technology
Google Analytics 4
depends onnamed as a riskBeginning June 1, 2024, average monthly unique visitors are measured using Google Analytics 4 (GA4), the replacement for Universal Analytics.Risk factors (Item 1A)