Fundies.
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COSTAR GROUP, INC.

EDGAR
CSGP Quarterly report (10-Q) · filed 2026-10-28

Annual consolidated revenue for 2025: about USD 3.247B, using the latest reported figures. The previous period, 2024, was about USD 2.736B.

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Watchlist

Latest quarter

Revenue

952 million USD

2026 Q3 · USD

Exact inputs and evidence

Operating margin

8.82%

2026 Q3 · %

Exact inputs and evidence
  • Operating Income: 84000000 USD Source
  • Revenue: 952000000 USD Source

Operating cash flow

188 million USD

2026 Q3 · USD

Exact inputs and evidence
  • Operating Cash Flow: 455000000 USD Source
  • Operating Cash Flow: 267000000 USD Source

Free cash flow

137 million USD

2026 Q3 · USD

Exact inputs and evidence
  • Operating Cash Flow: 455000000 USD Source
  • Operating Cash Flow: 267000000 USD Source
  • Capital Expenditure: 134000000 USD Source
  • Capital Expenditure: 83000000 USD Source
Cash and cash equivalents
500 million USD Source
Exact value

500000000 USD

Long-term debt including current maturities
1 billion USD Source
Exact value

1000000000 USD

Shares outstanding
418 million shares Source
Exact value

417900000 shares

Reported share-count change

2.05% · 8.4 million shares

Year-over-year change in reported shares. Splits, issuance and buybacks can affect this figure; it does not isolate employee compensation or economic dilution.

Exact inputs and evidence
  • 409500000 shares · 2024-12-31· Source
  • 417900000 shares · 2025-12-31· Source

Company performance

Up to ten complete financial years · consolidated figures

Includes later revisions to earlier periods. Annual charts exclude incomplete years.

Latest filing recorded: 2026-10-28.

Financial data available through: 2025-12-31.

Coverage by financial measure
  • Revenue: 11 of 11 periods available· newest 2025-12-31
  • Operating income: 11 of 11 periods available· newest 2025-12-31
  • Net income: 11 of 11 periods available· newest 2025-12-31
  • Operating cash flow: 11 of 11 periods available· newest 2025-12-31
  • Capital expenditure: 7 of 11 periods available· newest 2025-12-31
  • Total assets: 11 of 11 periods available· newest 2025-12-31
  • Total liabilities: 11 of 11 periods available· newest 2025-12-31
  • Current assets: 11 of 11 periods available· newest 2025-12-31
  • Current liabilities: 11 of 11 periods available· newest 2025-12-31
  • Cash and cash equivalents: 11 of 11 periods available· newest 2025-12-31
  • Long-term debt including current maturities: 11 of 11 periods available· newest 2025-12-31
  • Shares outstanding: 11 of 11 periods available· newest 2025-12-31

Coverage describes values retained in this snapshot. Missing values are not zero; loading limits are reported separately.

What changed year over year

Latest complete year compared with the corresponding period one year earlier. These are measured changes; they do not establish their business causes.

  • Revenue

    +18.7%

    Prior period

    USD 2.74 billion

    –

    Current period

    USD 3.25 billion

    –

    Exact inputs and evidence

    3247000000 − 2736000000 = 511000000 USD

    2736000000 USD · 2024-01-01 – 2024-12-31

    Inspect prior input Prior source

    3247000000 USD · 2025-01-01 – 2025-12-31

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  • Net income

    -95%

    Prior period

    USD 139 million

    –

    Current period

    USD 7 million

    –

    Exact inputs and evidence

    7000000 − 139000000 = -132000000 USD

    139000000 USD · 2024-01-01 – 2024-12-31

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    7000000 USD · 2025-01-01 – 2025-12-31

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  • Operating cash flow

    +9.4%

    Prior period

    USD 393 million

    –

    Current period

    USD 430 million

    –

    Exact inputs and evidence

    430000000 − 393000000 = 37000000 USD

    393000000 USD · 2024-01-01 – 2024-12-31

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    430000000 USD · 2025-01-01 – 2025-12-31

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  • Capital expenditure

    -47%

    Prior period

    USD 579 million

    –

    Current period

    USD 307 million

    –

    Exact inputs and evidence

    307000000 − 579000000 = -272000000 USD

    579000000 USD · 2024-01-01 – 2024-12-31

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    307000000 USD · 2025-01-01 – 2025-12-31

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Where revenue goes

How a period’s revenue divides into costs and what remains as profit. Items marked Derived are calculated by subtraction from reported figures.

2025 2025-01-01 – 2025-12-31

  • Revenue USD 3.25 billion 100% of revenue
  • Cost of revenue USD 686 million 21% of revenue
  • Operating expenses USD 2.63 billion 81% of revenue
  • Operating income −USD 72 million −2.2% of revenue
  • Tax, interest and other Derived −USD 79 million −2.4% of revenue
  • Net income USD 7 million 0.2% of revenue

Cash

  • Operating cash flow USD 430 million 13% of revenue
  • Capital expenditure USD 307 million 9.5% of revenue
  • Free cash flow Derived USD 123 million 3.8% of revenue

Share of revenue by period

  • Net income
  • Tax, interest and other
  • Operating costs
  • 2016 10%83%
  • 2017 13%82%
  • 2018 20%77%
  • 2019 23%74%
  • 2020 14%83%
  • 2021 15%78%
  • 2022 17%79%
  • 2023 Net income was higher than operating income, so the split is not drawn.
  • 2024 Net income was higher than operating income, so the split is not drawn.
  • 2025 Operating loss: operating costs were 102% of revenue.
Values and sources
Revenue breakdown by annual reporting period
PeriodRevenueOperating costsOperating incomeTax, interest and otherNet incomeFree cash flowSource
2016 2016-01-01 – 2016-12-31837630000 692725000 Derived 144905000 59834000 Derived 85071000 Unavailable
Source
2017 2017-01-01 – 2017-12-31965230000 791414000 Derived 173816000 51121000 Derived 122695000 Unavailable
Source
2018 2018-01-01 – 2018-12-311191832000 918268000 Derived 273564000 35230000 Derived 238334000 Unavailable
Source
2019 2019-01-01 – 2019-12-311399719000 1036172000 Derived 363547000 48584000 Derived 314963000 457780000 Derived
Source
2020 2020-01-01 – 2020-12-311659019000 1369817000 Derived 289202000 62074000 Derived 227128000 486106000 Derived
Source
2021 2021-01-01 – 2021-12-311944100000 1511800000 Derived 432300000 139700000 Derived 292600000 346000000 Derived
Source
2022 2022-01-01 – 2022-12-312182400000 1731400000 Derived 451000000 81500000 Derived 369500000 443500000 Derived
Source
2023 2023-01-01 – 2023-12-312455000000 2173000000 Derived 282000000 -93000000 Derived 375000000 372000000 Derived
Source
2024 2024-01-01 – 2024-12-312736000000 2731000000 Derived 5000000 -134000000 Derived 139000000 -186000000 Derived
Source
2025 2025-01-01 – 2025-12-313247000000 3319000000 Derived -72000000 -79000000 Derived 7000000 123000000 Derived
Source

Amounts are exact, in USD.

Growth

Sales over time and how quickly they are changing.

Revenue

Revenue reported for each complete financial period.

USD 3.2B 2025
Revenue historyRevenue reported for each complete financial period. Values are shown by financial reporting period. Open Values and sources below for the exact observations and evidence.3.5B2.6B1.8B876.7M0.0201620212025
Values and sources
Revenue values and source evidence
PeriodSeriesValue(USD)Source evidence
2016Revenue837630000
2017Revenue965230000
2018Revenue1191832000
2019Revenue1399719000
2020Revenue1659019000
2021Revenue1944100000
2022Revenue2182400000
2023Revenue2455000000
2024Revenue2736000000
2025Revenue3247000000

Revenue growth

Change in revenue from the same financial period one year earlier.

18.7% 2025
Revenue growth historyChange in revenue from the same financial period one year earlier. Values are shown by financial reporting period. Open Values and sources below for the exact observations and evidence.25.4%19.0%12.7%6.3%0.0%201620212025
Values and sources
Revenue growth values and source evidence
PeriodSeriesValueSource evidence
2016Year over year17.7%
2017Year over year15.2%
2018Year over year23.5%
2019Year over year17.4%
2020Year over year18.5%
2021Year over year17.2%
2022Year over year12.3%
2023Year over year12.5%
2024Year over year11.4%
2025Year over year18.7%

Profit and cash

How much revenue becomes profit, and how much cash operations generate.

Profit margins

Operating income, net income and free cash flow as a share of revenue.

Operating margin -2.2% 2025
Net margin 0.2% 2025
Free cash flow margin 3.8% 2025
Profit margins historyOperating income, net income and free cash flow as a share of revenue. Values are shown by financial reporting period. Open Values and sources below for the exact observations and evidence.36%24%13%1%-10%201620212025
  • Operating margin
  • Net margin
  • Free cash flow margin
Values and sources
Profit margins values and source evidence
PeriodSeriesValueSource evidence
2016Operating margin17.3%
2017Operating margin18%
2018Operating margin23%
2019Operating margin26%
2020Operating margin17.4%
2021Operating margin22.2%
2022Operating margin20.7%
2023Operating margin11.5%
2024Operating margin0.2%
2025Operating margin-2.2%
2016Net margin10.2%
2017Net margin12.7%
2018Net margin20%
2019Net margin22.5%
2020Net margin13.7%
2021Net margin15.1%
2022Net margin16.9%
2023Net margin15.3%
2024Net margin5.1%
2025Net margin0.2%
2016Free cash flow marginNot reported
2017Free cash flow marginNot reported
2018Free cash flow marginNot reported
2019Free cash flow margin32.7%
2020Free cash flow margin29.3%
2021Free cash flow margin17.8%
2022Free cash flow margin20.3%
2023Free cash flow margin15.2%
2024Free cash flow margin-6.8%
2025Free cash flow margin3.8%

Operating cash flow

Cash generated by the company’s normal business operations.

USD 430M 2025
Operating cash flow historyCash generated by the company’s normal business operations. Values are shown by financial reporting period. Open Values and sources below for the exact observations and evidence.529.2M396.9M264.6M132.3M0.0201620212025
Values and sources
Operating cash flow values and source evidence
PeriodSeriesValue(USD)Source evidence
2016Operating cash flow200642000
2017Operating cash flow234703000
2018Operating cash flow335458000
2019Operating cash flow457780000
2020Operating cash flow486106000
2021Operating cash flow469700000
2022Operating cash flow478700000
2023Operating cash flow490000000
2024Operating cash flow393000000
2025Operating cash flow430000000

Free cash flow

Operating cash flow minus capital expenditure for the same period and unit.

USD 123M 2025
Free cash flow historyOperating cash flow minus capital expenditure for the same period and unit. Values are shown by financial reporting period. Open Values and sources below for the exact observations and evidence.539.9M345.0M150.1M-44.9M-239.8M201620212025
Values and sources
Free cash flow values and source evidence
PeriodSeriesValue(USD)Source evidence
2016Free cash flowUnavailable
2017Free cash flowUnavailable
2018Free cash flowUnavailable
2019Free cash flow457780000
2020Free cash flow486106000
2021Free cash flow346000000
2022Free cash flow443500000
2023Free cash flow372000000
2024Free cash flow-186000000
2025Free cash flow123000000

Balance sheet

Liabilities and short-term ability to meet obligations at each period end.

Liabilities to assets

Total liabilities as a share of total assets.

20.6% 2025
Liabilities to assets historyTotal liabilities as a share of total assets. Values are shown by financial reporting period. Open Values and sources below for the exact observations and evidence.26.2%19.7%13.1%6.6%0.0%201620212025
Values and sources
Liabilities to assets values and source evidence
PeriodSeriesValueSource evidence
2016Liabilities / assets24.3%
2017Liabilities / assets7.7%
2018Liabilities / assets8.8%
2019Liabilities / assets11.6%
2020Liabilities / assets22.3%
2021Liabilities / assets21.3%
2022Liabilities / assets18.2%
2023Liabilities / assets17.7%
2024Liabilities / assets18.4%
2025Liabilities / assets20.6%

Current assets to current liabilities

Current assets divided by current liabilities.

2.84× 2025
Current assets to current liabilities historyCurrent assets divided by current liabilities. Values are shown by financial reporting period. Open Values and sources below for the exact observations and evidence.15.03×11.27×7.51×3.76×0.00×201620212025
Values and sources
Current assets to current liabilities values and source evidence
PeriodSeriesValueSource evidence
2016Current assets / current liabilities4.05×
2017Current assets / current liabilities8.78×
2018Current assets / current liabilities7.87×
2019Current assets / current liabilities5.79×
2020Current assets / current liabilities11.75×
2021Current assets / current liabilities11.78×
2022Current assets / current liabilities13.91×
2023Current assets / current liabilities12.01×
2024Current assets / current liabilities8.97×
2025Current assets / current liabilities2.84×

Cash generation

Compare reported profit with operating cash and capital spending. Free cash flow is calculated as operating cash flow minus capital expenditure when both exact, consolidated amounts match the same period and unit.

Cash generation by annual reporting period
PeriodNet incomeOperating cash flowCapital expenditureFree cash flow
2016 2016-01-01 – 2016-12-31
USD 85.07 million
Exact value

Exact value: 85071000 USD

2016-01-01 – 2016-12-31: 85071000 USD Inspect Net Income Open source
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USD 200.64 million
Exact value

Exact value: 200642000 USD

2016-01-01 – 2016-12-31: 200642000 USD Inspect Operating Cash Flow Open source
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Unavailable Not reported for this period.
Unavailable

Free cash flow cannot be calculated because Capital expenditure is unavailable for this period.

2017 2017-01-01 – 2017-12-31
USD 122.7 million
Exact value

Exact value: 122695000 USD

2017-01-01 – 2017-12-31: 122695000 USD Inspect Net Income Open source
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USD 234.7 million
Exact value

Exact value: 234703000 USD

2017-01-01 – 2017-12-31: 234703000 USD Inspect Operating Cash Flow Open source
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Unavailable Not reported for this period.
Unavailable

Free cash flow cannot be calculated because Capital expenditure is unavailable for this period.

2018 2018-01-01 – 2018-12-31
USD 238.33 million
Exact value

Exact value: 238334000 USD

2018-01-01 – 2018-12-31: 238334000 USD Inspect Net Income Open source
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USD 335.46 million
Exact value

Exact value: 335458000 USD

2018-01-01 – 2018-12-31: 335458000 USD Inspect Operating Cash Flow Open source
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Unavailable Not reported for this period.
Unavailable

Free cash flow cannot be calculated because Capital expenditure is unavailable for this period.

2019 2019-01-01 – 2019-12-31
USD 314.96 million
Exact value

Exact value: 314963000 USD

2019-01-01 – 2019-12-31: 314963000 USD Inspect Net Income Open source
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USD 457.78 million
Exact value

Exact value: 457780000 USD

2019-01-01 – 2019-12-31: 457780000 USD Inspect Operating Cash Flow Open source
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USD 0
Exact value

Exact value: 0 USD

2019-01-01 – 2019-12-31: 0 USD Inspect Capital Expenditure Open source
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USD 457.78 million
Calculation and evidence

457780000 − 0 USD

Exact free cash flow: 457780000 USD

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2020 2020-01-01 – 2020-12-31
USD 227.13 million
Exact value

Exact value: 227128000 USD

2020-01-01 – 2020-12-31: 227128000 USD Inspect Net Income Open source
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USD 486.11 million
Exact value

Exact value: 486106000 USD

2020-01-01 – 2020-12-31: 486106000 USD Inspect Operating Cash Flow Open source
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USD 0
Exact value

Exact value: 0 USD

2020-01-01 – 2020-12-31: 0 USD Inspect Capital Expenditure Open source
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USD 486.11 million
Calculation and evidence

486106000 − 0 USD

Exact free cash flow: 486106000 USD

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2021 2021-01-01 – 2021-12-31
USD 292.6 million
Exact value

Exact value: 292600000 USD

2021-01-01 – 2021-12-31: 292600000 USD Inspect Net Income Open source
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USD 469.7 million
Exact value

Exact value: 469700000 USD

2021-01-01 – 2021-12-31: 469700000 USD Inspect Operating Cash Flow Open source
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USD 123.7 million
Exact value

Exact value: 123700000 USD

2021-01-01 – 2021-12-31: 123700000 USD Inspect Capital Expenditure Open source
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USD 346 million
Calculation and evidence

469700000 − 123700000 USD

Exact free cash flow: 346000000 USD

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2022 2022-01-01 – 2022-12-31
USD 369.5 million
Exact value

Exact value: 369500000 USD

2022-01-01 – 2022-12-31: 369500000 USD Inspect Net Income Open source
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USD 478.7 million
Exact value

Exact value: 478700000 USD

2022-01-01 – 2022-12-31: 478700000 USD Inspect Operating Cash Flow Open source
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USD 35.2 million
Exact value

Exact value: 35200000 USD

2022-01-01 – 2022-12-31: 35200000 USD Inspect Capital Expenditure Open source
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USD 443.5 million
Calculation and evidence

478700000 − 35200000 USD

Exact free cash flow: 443500000 USD

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2023 2023-01-01 – 2023-12-31
USD 375 million
Exact value

Exact value: 375000000 USD

2023-01-01 – 2023-12-31: 375000000 USD Inspect Net Income Open source
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USD 490 million
Exact value

Exact value: 490000000 USD

2023-01-01 – 2023-12-31: 490000000 USD Inspect Operating Cash Flow Open source
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USD 118 million
Exact value

Exact value: 118000000 USD

2023-01-01 – 2023-12-31: 118000000 USD Inspect Capital Expenditure Open source
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USD 372 million
Calculation and evidence

490000000 − 118000000 USD

Exact free cash flow: 372000000 USD

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2024 2024-01-01 – 2024-12-31
USD 139 million
Exact value

Exact value: 139000000 USD

2024-01-01 – 2024-12-31: 139000000 USD Inspect Net Income Open source
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USD 393 million
Exact value

Exact value: 393000000 USD

2024-01-01 – 2024-12-31: 393000000 USD Inspect Operating Cash Flow Open source
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USD 579 million
Exact value

Exact value: 579000000 USD

2024-01-01 – 2024-12-31: 579000000 USD Inspect Capital Expenditure Open source
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−USD 186 million
Calculation and evidence

393000000 − 579000000 USD

Exact free cash flow: -186000000 USD

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2025 2025-01-01 – 2025-12-31
USD 7 million
Exact value

Exact value: 7000000 USD

2025-01-01 – 2025-12-31: 7000000 USD Inspect Net Income Open source
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USD 430 million
Exact value

Exact value: 430000000 USD

2025-01-01 – 2025-12-31: 430000000 USD Inspect Operating Cash Flow Open source
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USD 307 million
Exact value

Exact value: 307000000 USD

2025-01-01 – 2025-12-31: 307000000 USD Inspect Capital Expenditure Open source
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USD 123 million
Calculation and evidence

430000000 − 307000000 USD

Exact free cash flow: 123000000 USD

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Capital expenditure uses the canonical mapped positive-spending convention. A missing, ambiguous, incompatible, or negative-sign input is left blank. Values use the latest reported version.

Dataset coverage and company identifiers

Coverage reflects filings processed into this Fundies dataset; it does not imply every source filing is loaded.

177 filings · 9,112 latest values · 9,112 originally reported values

Dataset published . Source filing dates and reporting periods are shown separately.

Identifiers: 0001057352, 1057352, CSGP, edgar:1057352

Also known as COSTAR GROUP INC, COSTAR GROUP INC , COSTAR GROUP, INC., CoStar Group, Inc., REALTY INFORMATION GROUP INC