CSGP · Costar Group, Inc. - Financials
Annual line items from SEC XBRL filings, sourced from EDGAR's Company Facts API with fallback to the quarterly Financial Statement Data Sets. See issuer overview for Form 4 activity and 10-K signals.
Income Statement
| Line item | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $897.00M | - | $833.60M | $781.30M | $732.20M | - | $692.60M | $677.80M | $656.40M | - |
| Cost of Revenue | $196.00M | - | $172.20M | $167.80M | $153.30M | - | $140.60M | $135.80M | $141.20M | - |
| Gross Profit | $701.00M | - | $661.40M | $613.50M | $578.90M | - | $552.00M | $542.00M | $515.20M | - |
| R&D | - | - | - | - | - | - | - | - | - | - |
| SG&A | $126.00M | - | $157.00M | $122.20M | $141.10M | - | $105.80M | $109.90M | $98.50M | - |
| Total Operating Expenses | $698.00M | - | $712.50M | $640.70M | $621.70M | - | $528.30M | $558.10M | $558.00M | - |
| D&A | $82.00M | - | - | - | $47.30M | - | - | - | $33.30M | - |
| Operating Income | $3.00M | - | ($51.10M) | ($27.20M) | ($42.80M) | - | $23.70M | ($16.10M) | ($42.80M) | - |
| Interest Expense | $7.00M | - | $7.00M | $7.00M | $7.00M | - | $7.00M | $7.40M | $7.30M | - |
| Income Tax | $9.00M | - | ($14.90M) | $15.40M | $8.10M | - | $24.70M | $16.70M | $4.80M | - |
| Net Income | $3.00M | - | ($30.90M) | $6.20M | ($14.80M) | - | $53.00M | $19.20M | $6.70M | - |
| EPS - Basic | $0.01 | - | ($0.07) | $0.01 | ($0.04) | - | $0.13 | $0.05 | $0.02 | - |
| EPS - Diluted | $0.01 | - | ($0.07) | $0.01 | ($0.04) | - | $0.13 | $0.05 | $0.02 | - |
Balance Sheet
| Line item | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Equivalents | $1.22B | $1.63B | $1.94B | $3.63B | $3.68B | $4.70B | $4.94B | $4.92B | $4.95B | $5.20B |
| Accounts Receivable | $269.00M | $234.00M | $243.80M | $203.80M | $207.00M | $187.90M | $178.80M | $203.80M | $197.40M | $190.00M |
| Inventory | $14.00M | $6.00M | $6.30M | $7.20M | $5.30M | - | - | - | - | - |
| Accounts Payable | $39.00M | $42.00M | $46.50M | $51.50M | $38.70M | $47.00M | $84.40M | $101.00M | $113.60M | $23.10M |
| Current Assets | $1.71B | $2.12B | $2.41B | $4.33B | $4.35B | $4.95B | $5.20B | $5.21B | $5.22B | $5.48B |
| Total Assets | $10.16B | $10.54B | $10.82B | $10.51B | $10.43B | $9.26B | $9.14B | $9.07B | $9.03B | $8.92B |
| Current Liabilities | $777.00M | $746.00M | $770.50M | $742.40M | $724.40M | $552.30M | $539.40M | $561.70M | $573.80M | $455.80M |
| Long-term Debt | $994.00M | $993.00M | $992.90M | $992.50M | $992.20M | $991.90M | $991.50M | $991.20M | $990.80M | $990.50M |
| Total Liabilities | $2.21B | $2.17B | $2.20B | $1.91B | $1.87B | $1.70B | $1.65B | $1.67B | $1.69B | $1.58B |
| Stockholders' Equity | $7.91B | $8.33B | $8.62B | $8.60B | $8.56B | $7.55B | $7.49B | $7.40B | $7.34B | $7.34B |
| Retained Earnings | - | $2.35B | - | - | - | $2.34B | - | - | - | $2.20B |
Cash Flow
| Line item | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | $152.00M | - | - | - | $53.20M | - | - | - | $139.60M | - |
| Investing Cash Flow | ($54.00M) | - | - | - | ($910.60M) | - | - | - | ($380.30M) | - |
| Financing Cash Flow | ($514.00M) | - | - | - | ($47.30M) | - | - | - | ($22.50M) | - |
| CapEx | $45.00M | - | - | - | $53.70M | - | - | - | $376.70M | - |
| Free Cash Flow | $107.00M | - | - | - | ($500.0K) | - | - | - | ($237.10M) | - |
Ratios
| Metric | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Profitability | ||||||||||
| Gross margin | 78.1% | - | 79.3% | 78.5% | 79.1% | - | 79.7% | 80.0% | 78.5% | - |
| Operating margin | 0.3% | - | -6.1% | -3.5% | -5.8% | - | 3.4% | -2.4% | -6.5% | - |
| EBITDA margin | 9.5% | - | - | - | 0.6% | - | - | - | -1.4% | - |
| Net margin | 0.3% | - | -3.7% | 0.8% | -2.0% | - | 7.7% | 2.8% | 1.0% | - |
| Free cash flow margin | 11.9% | - | - | - | -0.1% | - | - | - | -36.1% | - |
| FCF / Net income | 35.67 | - | - | - | 0.03 | - | - | - | -35.39 | - |
| R&D / Revenue | - | - | - | - | - | - | - | - | - | - |
| SG&A / Revenue | 14.0% | - | 18.8% | 15.6% | 19.3% | - | 15.3% | 16.2% | 15.0% | - |
| Effective tax rate | 75.0% | - | - | 71.3% | - | - | 31.8% | 46.5% | 41.7% | - |
| Return on assets | 0.0% | - | -0.3% | 0.1% | -0.1% | - | 0.6% | 0.2% | 0.1% | - |
| Return on equity | 0.0% | - | -0.4% | 0.1% | -0.2% | - | 0.7% | 0.3% | 0.1% | - |
| Return on invested capital | 0.0% | - | -0.4% | -0.1% | -0.4% | - | 0.2% | -0.1% | -0.3% | - |
| Liquidity | ||||||||||
| Current ratio | 2.20 | 2.84 | 3.12 | 5.83 | 6.01 | 8.96 | 9.63 | 9.27 | 9.09 | 12.01 |
| Quick ratio | 2.18 | 2.83 | 3.11 | 5.82 | 6.00 | 8.96 | 9.63 | 9.27 | 9.09 | 12.01 |
| Cash ratio | 1.56 | 2.19 | 2.51 | 4.89 | 5.08 | 8.51 | 9.15 | 8.76 | 8.63 | 11.41 |
| Leverage | ||||||||||
| Debt / Equity | 0.13 | 0.12 | 0.12 | 0.12 | 0.12 | 0.13 | 0.13 | 0.13 | 0.13 | 0.13 |
| Debt / Assets | 0.10 | 0.09 | 0.09 | 0.09 | 0.10 | 0.11 | 0.11 | 0.11 | 0.11 | 0.11 |
| Debt / EBITDA | 11.69 | - | - | - | 220.49 | - | - | - | - | - |
| Interest coverage | 0.4x | - | -7.3x | -3.9x | -6.1x | - | 3.4x | -2.2x | -5.9x | - |
| Equity multiplier | 1.28 | 1.26 | 1.26 | 1.22 | 1.22 | 1.23 | 1.22 | 1.23 | 1.23 | 1.22 |
| Liabilities / Assets | 0.22 | 0.21 | 0.20 | 0.18 | 0.18 | 0.18 | 0.18 | 0.18 | 0.19 | 0.18 |
| Efficiency | ||||||||||
| Asset turnover | 0.09 | - | 0.08 | 0.07 | 0.07 | - | 0.08 | 0.07 | 0.07 | - |
| Inventory turnover | 14.00 | - | 27.33 | 23.31 | 28.92 | - | - | - | - | - |
| Days sales outstanding | 109d | - | 107d | 95d | 103d | - | 94d | 110d | 110d | - |
| Days inventory outstanding | 26d | - | 13d | 16d | 13d | - | - | - | - | - |
| Days payable outstanding | 73d | - | 99d | 112d | 92d | - | 219d | 271d | 294d | - |
| Cash conversion cycle | 63d | - | 22d | -1d | 24d | - | - | - | - | - |
| Valuation | ||||||||||
| P / E | 4034.0x | - | - | 8040.0x | - | - | 580.3x | 1482.8x | 4830.0x | - |
| P / B | 2.1x | - | 4.1x | 4.0x | 3.8x | - | 4.1x | 4.1x | 5.4x | - |
| P / S | 18.6x | - | 42.5x | 43.7x | 44.4x | - | 44.4x | 44.6x | 59.9x | - |
| EV / EBITDA | 193.9x | - | - | - | 6630.1x | - | - | - | - | - |
| Growth | ||||||||||
| Revenue growth (YoY) | 22.5% | - | 20.4% | 15.3% | 11.5% | - | 10.9% | 11.9% | 12.3% | - |
| Revenue CAGR (3y) | 15.4% | - | 14.4% | 13.4% | 12.4% | - | 11.5% | 12.2% | 12.8% | - |
| Revenue CAGR (5y) | 14.4% | - | 14.4% | 14.5% | 13.3% | - | 14.4% | 14.5% | 14.9% | - |
| Gross profit growth (YoY) | 21.1% | - | 19.8% | 13.2% | 12.4% | - | 10.2% | 9.8% | 10.8% | - |
| Operating income growth (YoY) | - | - | - | -68.9% | 0.0% | - | -61.5% | - | - | - |
| Net income growth (YoY) | - | - | - | -67.7% | - | - | -41.5% | -80.9% | -92.3% | - |
| EPS growth (YoY) | - | - | - | -80.0% | - | - | -40.9% | -80.0% | -90.5% | - |
| EPS CAGR (3y) | -63.8% | - | - | -63.8% | - | - | -6.7% | -32.1% | -78.0% | - |
| EPS CAGR (5y) | -64.9% | - | - | -63.8% | - | - | -42.9% | -50.8% | -61.4% | - |
| FCF growth (YoY) | - | - | - | - | 99.8% | - | - | - | - | - |
| FCF CAGR (5y) | 6.7% | - | - | - | - | - | - | - | - | - |
| Book value growth (YoY) | -7.5% | 10.3% | 15.0% | 16.3% | 16.5% | 2.9% | 3.9% | 4.1% | 5.4% | 6.8% |
Sales by segment
From XBRL dimensional facts in the 10-K period ending 2025-12-31.
Business segments
$3.25B totalCommercial Real Estate Segment$1.79B · 55.0%
Residential Real Estate Segment$1.46B · 45.0%
Product / service
$1.79B totalCo Star$1.26B · 70.5%
Loop Net$312.00M · 17.5%
Product And Service Other$216.00M · 12.1%
Geographic
$350.00M totalNon Us$350.00M · 100.0%
Peer comparison
Same SIC group: Services-Business Services, NEC
Comparing COSTAR GROUP against the 5 most active filers in the same SIC group.