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    CoStar Group Inc (CSGP)

    Updated May 1, 2025, 10:54 AM UTC
    Income Statement - MetricFY 2013Q1 2014Q2 2014Q3 2014Q4 2014FY 2014Q1 2015Q2 2015Q3 2015Q4 2015FY 2015Q1 2016Q2 2016Q3 2016Q4 2016FY 2016Q1 2017Q2 2017Q3 2017Q4 2017FY 2017Q1 2018Q2 2018Q3 2018Q4 2018FY 2018Q1 2019Q2 2019Q3 2019Q4 2019FY 2019Q1 2020Q2 2020Q3 2020Q4 2020FY 2020Q1 2021Q2 2021Q3 2021Q4 2021FY 2021Q1 2022Q2 2022Q3 2022Q4 2022FY 2022Q1 2023Q2 2023Q3 2023Q4 2023FY 2023Q1 2024Q2 2024Q3 2024Q4 2024FY 2024Q1 2025
    Revenues (USD, millions)640.002,455.0656.4677.80692.60--732.2
    Cost of revenues (USD, millions)136.50491.5141.2135.80140.60--153.3
    Gross profit (USD, millions)503.501,963.5515.2542.00552.00--578.9
    Selling and marketing (excluding customer base amortization) (USD, millions)246.90989.9366.1358.40331.20--368.9
    Software development (USD, millions)69.60267.682.479.6081.00--94.5
    General and administrative (USD, millions)107.50381.598.5109.90105.90--141.1
    Customer base amortization (USD, millions)11.2042.211.010.2010.30--17.2
    Total operating expenses (USD, millions)434.201,681.2558.0558.10528.40--621.7
    Income (loss) from operations (USD, millions)69.30282.3(42.8)(16.10)23.60--(42.8)
    Interest income, net (USD, millions)59.60213.656.253.5055.60--38.5
    Other (expense) income, net (USD, millions)3.405.4(1.9)(1.50)(1.50)--(2.4)
    Income before income taxes (USD, millions)133.30501.311.535.9077.70--(6.7)
    Income tax expense (USD, millions)36.60126.64.816.7024.70--8.1
    Net income (USD, millions)96.70374.76.719.2053.00--(14.8)
    Net income per share - basic (USD)0.230.920.020.040.13--(0.04)
    Net income per share - diluted (USD)0.240.920.020.040.13--(0.04)
    Balance Sheet - MetricFY 2013Q1 2014Q2 2014Q3 2014Q4 2014FY 2014Q1 2015Q2 2015Q3 2015Q4 2015FY 2015Q1 2016Q2 2016Q3 2016Q4 2016FY 2016Q1 2017Q2 2017Q3 2017Q4 2017FY 2017Q1 2018Q2 2018Q3 2018Q4 2018FY 2018Q1 2019Q2 2019Q3 2019Q4 2019FY 2019Q1 2020Q2 2020Q3 2020Q4 2020FY 2020Q1 2021Q2 2021Q3 2021Q4 2021FY 2021Q1 2022Q2 2022Q3 2022Q4 2022FY 2022Q1 2023Q2 2023Q3 2023Q4 2023FY 2023Q1 2024Q2 2024Q3 2024Q4 2024FY 2024Q1 2025
    Cash and cash equivalents (USD, millions)5,215.95,215.94,919.54,937.6--3,680.8
    Accounts receivable, net (USD, millions)190.0190.0197.4203.8178.8--207.0
    Prepaid expenses and other current assets (USD, millions)70.270.267.283.978.7--82.5
    Total current assets (USD, millions)5,476.15,476.15,216.25,207.25,195.1--4,353.3
    Deferred income taxes, net (USD, millions)4.34.34.34.34.3--49.8
    Property and equipment, net (USD, millions)472.2472.2853.2937.8--1,097.6
    Lease right-of-use assets (USD, millions)79.879.874.869.379.2--96.7
    Goodwill (USD, millions)2,386.22,386.22,383.72,383.62,396.6--3,673.2
    Intangible assets, net (USD, millions)313.7313.7365.0342.5324.7--957.2
    Deferred commission costs, net (USD, millions)167.7167.7179.0178.9173.0--173.9
    Deposits and other assets (USD, millions)17.717.718.426.326.0--26.4
    Total assets (USD, millions)8,919.78,919.79,034.59,067.39,138.7--10,428.1
    Accounts payable (USD, millions)23.123.1101.084.4--38.7
    Accrued wages and commissions (USD, millions)117.8117.890.7110.2105.5--96.5
    Income taxes payable (current) (USD, millions)7.77.712.90.18.9--28.5
    Lease liabilities (current) (USD, millions)40.040.044.041.238.9--28.2
    Deferred revenue (current portion) (USD, millions)104.2104.2117.1122.9113.6--181.4
    Total current liabilities (USD, millions)455.8455.8573.8561.7539.4--724.4
    Long-term debt, net (USD, millions)990.5990.5990.8991.2991.5--992.2
    Deferred income taxes, net (non-current) (USD, millions)36.736.733.830.3--7.9
    Income taxes payable (non-current) (USD, millions)18.218.218.418.823.9--26.1
    Lease and other long-term liabilities (USD, millions)79.979.975.169.680.0--121.3
    Total liabilities (USD, millions)1,581.11,581.11,691.91,671.61,647.6--1,871.9
    Total stockholders' equity (USD, millions)7,338.67,338.67,342.67,395.77,491.1--8,556.2
    Total liabilities and stockholders' equity (USD, millions)8,919.78,919.79,034.59,067.39,138.7--10,428.1
    Cash Flow - MetricFY 2013Q1 2014Q2 2014Q3 2014Q4 2014FY 2014Q1 2015Q2 2015Q3 2015Q4 2015FY 2015Q1 2016Q2 2016Q3 2016Q4 2016FY 2016Q1 2017Q2 2017Q3 2017Q4 2017FY 2017Q1 2018Q2 2018Q3 2018Q4 2018FY 2018Q1 2019Q2 2019Q3 2019Q4 2019FY 2019Q1 2020Q2 2020Q3 2020Q4 2020FY 2020Q1 2021Q2 2021Q3 2021Q4 2021FY 2021Q1 2022Q2 2022Q3 2022Q4 2022FY 2022Q1 2023Q2 2023Q3 2023Q4 2023FY 2023Q1 2024Q2 2024Q3 2024Q4 2024FY 2024Q1 2025
    Net income (USD, millions)96.47374.76.719.2053.00--(14.8)
    Depreciation and amortization (USD, millions)28.69107.533.338.8035.50--47.3
    Amortization of deferred commissions costs (USD, millions)25.3995.227.229.1029.80--31.0
    Amortization of Senior Notes discount and issuance costs (USD, millions)0.602.40.61.100.60--0.6
    Non-cash lease expense (USD, millions)7.9130.08.38.208.60--8.4
    Stock-based compensation expense (USD, millions)21.2385.022.822.7021.80--30.4
    Credit loss expense (USD, millions)9.3435.07.99.108.80--9.4
    Other operating activities, net (USD, millions)(3.52)(3.2)0.10.00(0.70)--(3.4)
    Net cash provided by operating activities (USD, millions)148.51489.5139.6100.30--53.2
    Proceeds from sale and settlement of investments (USD, millions)-3.8-----203.4
    Proceeds from sale of property and equipment and other assets (USD, millions)-------0.1
    Purchases of property, equipment, and other assets for new campuses (USD, millions)--(72.80)(60.10)--(53.7)
    Purchases of property, equipment, and other assets (USD, millions)(11.16)(25.3)(3.6)(19.40)(26.50)--(25.5)
    Cash paid for acquisitions, net of cash acquired (USD, millions)-(99.6)--0.00--(750.1)
    Net cash used in investing activities (USD, millions)(162.65)(238.6)(97.30)(85.20)--(910.6)
    Repurchase of restricted stock to satisfy tax withholding obligations (USD, millions)(2.99)(26.4)(26.0)(0.90)(1.80)--(34.7)
    Proceeds from exercise of stock options and employee stock purchase plan (USD, millions)2.9623.44.612.604.50--6.6
    Principal repayments of finance lease obligations (USD, millions)----(1.20)--(0.7)
    Other financing activities (USD, millions)-(0.7)(1.1)----0.0
    Net cash used in financing activities (USD, millions)(0.73)(3.7)(22.5)7.201.50--(47.3)
    Effect of foreign currency exchange rates on cash and cash equivalents (USD, millions)0.850.7(1.1)(0.10)1.50--1.9
    Net (decrease) increase in cash and cash equivalents (USD, millions)(14.01)247.9(32.10)18.10--(902.8)
    Deferred income taxes, net (USD, millions)(37.2)(37.2)(2.8)(6.4)(15.4)--(0.5)
    Cash and cash equivalents at the beginning of period (USD, millions)4,968.04,968.05,215.95,215.95,215.9--4,681.0
    Cash and cash equivalents at the end of period (USD, millions)5,215.95,215.94,951.64,919.54,937.6--3,778.2
    Revenue by Segment - in Millions of USDFY 2013Q1 2014Q2 2014Q3 2014Q4 2014FY 2014Q1 2015Q2 2015Q3 2015Q4 2015FY 2015Q1 2016Q2 2016Q3 2016Q4 2016FY 2016Q1 2017Q2 2017Q3 2017Q4 2017FY 2017Q1 2018Q2 2018Q3 2018Q4 2018FY 2018Q1 2019Q2 2019Q3 2019Q4 2019FY 2019Q1 2020Q2 2020Q3 2020Q4 2020FY 2020Q1 2021Q2 2021Q3 2021Q4 2021FY 2021Q1 2022Q2 2022Q3 2022Q4 2022FY 2022Q1 2023Q2 2023Q3 2023Q4 2023FY 2023Q1 2024Q2 2024Q3 2024Q4 2024FY 2024Q1 2025
    CoStar237.66925.2250.3253.0256.9260.31,020.5265.1
    Information Services42.71170.933.033.433.036.5135.939.8
    Multifamily243.87914.2254.8264.2271.8276.51,067.3282.5
    LoopNet68.52264.869.169.870.971.9281.772.8
    Residential9.9546.118.626.227.728.1100.627.2
    Other Marketplaces37.35133.830.631.232.336.1130.2-
    Commercial Property and Land--------
    North America------2,599.8-
    International------136.4-
    Other Revenues-------44.8
    Total Revenue640.062455.0656.4677.8692.6709.42,736.2732.2
    Revenue by Geography - in Millions of USDFY 2013Q1 2014Q2 2014Q3 2014Q4 2014FY 2014Q1 2015Q2 2015Q3 2015Q4 2015FY 2015Q1 2016Q2 2016Q3 2016Q4 2016FY 2016Q1 2017Q2 2017Q3 2017Q4 2017FY 2017Q1 2018Q2 2018Q3 2018Q4 2018FY 2018Q1 2019Q2 2019Q3 2019Q4 2019FY 2019Q1 2020Q2 2020Q3 2020Q4 2020FY 2020Q1 2021Q2 2021Q3 2021Q4 2021FY 2021Q1 2022Q2 2022Q3 2022Q4 2022FY 2022Q1 2023Q2 2023Q3 2023Q4 2023FY 2023Q1 2024Q2 2024Q3 2024Q4 2024FY 2024Q1 2025
    North America615.072,365.7623.3643.8658.2674.52,599.8697.4
    - United States--------
    International24.9989.333.134.034.434.9136.434.8
    Total Revenue640.062,455.0656.4677.8692.6709.42,736.2732.2
    KPIs - Metric (Unit, Scale)FY 2013Q1 2014Q2 2014Q3 2014Q4 2014FY 2014Q1 2015Q2 2015Q3 2015Q4 2015FY 2015Q1 2016Q2 2016Q3 2016Q4 2016FY 2016Q1 2017Q2 2017Q3 2017Q4 2017FY 2017Q1 2018Q2 2018Q3 2018Q4 2018FY 2018Q1 2019Q2 2019Q3 2019Q4 2019FY 2019Q1 2020Q2 2020Q3 2020Q4 2020FY 2020Q1 2021Q2 2021Q3 2021Q4 2021FY 2021Q1 2022Q2 2022Q3 2022Q4 2022FY 2022Q1 2023Q2 2023Q3 2023Q4 2023FY 2023Q1 2024Q2 2024Q3 2024Q4 2024FY 2024Q1 2025
    Annualized net new bookings for subscription-based services on all contracts (USD millions)-286866744---
    Contract renewal rates for existing company-wide subscription-based services for contracts with a term of at least one year (percentage)-90%90%90%89%---
    Cancellation rates for existing company-wide subscription-based services for contracts with a term of at least one year (percentage)-10%10%10%11%---