COSTAR GROUP, INC.
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CSGP Q3 2025 request
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Income Statement
| Metric | Q3 2025 | Q3 2024 | YoY |
|---|---|---|---|
| Revenue | 833.6 | 692.6 | +20.4% |
Show Product Lines breakouts |
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| CoStar | 277 | 256.9 | +7.8% |
| CoStar · International | 21 | 16.1 | +30.4% |
| CoStar · North America | 256 | 240.8 | +6.3% |
| Information Services | 41.3 | 33 | +25.2% |
| Information Services · International | 4.5 | 4.8 | -6.2% |
| Information Services · North America | 36.8 | 28.2 | +30.5% |
| LoopNet [Member] | 79.3 | 70.9 | +11.8% |
| LoopNet [Member] · International | 4.6 | 2.8 | +64.3% |
| LoopNet [Member] · North America | 74.7 | 68.1 | +9.7% |
| Multifamily | 303 | 271.8 | +11.5% |
| Multifamily · North America | 303 | 271.8 | +11.5% |
| Product And Service Other | 78.1 | 32.3 | +141.8% |
| Product And Service Other · North America | 78.1 | 32.3 | +141.8% |
| Residential | 54.9 | 27.7 | +98.2% |
| Residential · International | 34.4 | 10.7 | +221.5% |
| Residential · North America | 20.5 | 17 | +20.6% |
Show Business Segments breakouts |
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| International | 64.5 | 34.4 | +87.5% |
| International · Operating Segments | 64.5 | 34.4 | +87.5% |
| North America | 769.1 | 658.2 | +16.8% |
| North America · Operating Segments | 769.1 | 658.2 | +16.8% |
Show Geography breakouts |
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| Non Us | 91.2 | 40.7 | +124.1% |
Show Consolidation Items breakouts |
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| Operating Segments | 833.6 | 692.6 | +20.4% |
Show Business Acquisition breakouts |
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| Domain | 25.3 | — | — |
| Matterport | 43.9 | — | — |
| Cost of Revenue | 172.2 | 140.6 | +22.5% |
| Gross Profit | 661.4 | 552 | +19.8% |
| Sales & Marketing | 418.3 | 331.2 | +26.3% |
| Research And Development Expense Software Excluding Acquired In Process Cost | 105.4 | 81 | +30.1% |
| General & Administrative | 157 | 105.8 | +48.4% |
Show Business Segments breakouts |
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| International · Operating Segments | 30.8 | 8.3 | +271.1% |
| North America · Operating Segments | 140.2 | 131.3 | +6.8% |
Show Consolidation Items breakouts |
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| Operating Segments | 171 | 139.6 | +22.5% |
| Amortization Of Intangible Assets | 31.8 | 10.3 | +208.7% |
Show Finite Lived Intangible Assets By Major Class breakouts |
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| Above Market Leases | 1 | 2.9 | -65.5% |
| Operating Expenses | 712.5 | 528.3 | +34.9% |
| Operating Income | -51.1 | 23.7 | -315.6% |
| Interest Income Expense Nonoperating Net | 26 | 55.6 | -53.2% |
Show Consolidation Items breakouts |
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| Material Reconciling Items | 26 | 55.6 | -53.2% |
| Other Non-Operating Income (Expense) | -20.7 | -1.6 | -1193.7% |
Show Derivative Risk breakouts |
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| Foreign Exchange Contract | 23.4 | — | — |
Show Consolidation Items breakouts |
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| Material Reconciling Items | -20.7 | -1.6 | -1193.7% |
| Income Before Taxes | -45.8 | 77.7 | -158.9% |
| Income Tax Expense (Benefit) | -14.9 | 24.7 | -160.3% |
| Net Income | -30.9 | 53 | -158.3% |
Show Business Acquisition breakouts |
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| Domain | -4.4 | — | — |
| Matterport | 98.1 | — | — |
| EPS (Basic) | -0.07 | 0.13 | -153.8% |
| EPS (Diluted) | -0.07 | 0.13 | -153.8% |
| Wtd Avg Shares (Basic) | 419.9 | 406.8 | +3.2% |
| Wtd Avg Shares (Diluted) | 419.9 | 408 | +2.9% |
| Interest Expense | 4.4 | 6.3 | -30.2% |
| Net Income | -30.9 | 53 | -158.3% |
Show Equity Components breakouts |
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| Parent | -30.9 | — | — |
| Retained Earnings | -30.9 | 53 | -158.3% |
| Comprehensive Income | 5.9 | 71 | -91.7% |
| Other Comprehensive Income | 36.8 | 18 | +104.4% |
| Labor And Related Expense (Q) | — | — | — |
Show Business Segments breakouts |
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| International · Operating Segments | 37.9 | 24.4 | +55.3% |
| North America · Operating Segments | 392.9 | 274.8 | +43.0% |
Show Consolidation Items breakouts |
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| Operating Segments | 430.8 | 299.2 | +44.0% |
| Operating Lease Lease Income | 4.3 | 6.6 | -34.8% |
Balance Sheet
| Metric | Q3 2025 | Q3 2024 | YoY |
|---|---|---|---|
| Current Assets | |||
| Cash & Cash Equivalents | 1,935.3 | — | — |
| Restricted Cash Current | 99.5 | — | — |
| Accounts Receivable Gross Current | 273.7 | 202.4 | +35.2% |
| Allowance For Doubtful Accounts Receivable Current | -29.9 | -23.6 | -26.7% |
| Accounts Receivable | 243.8 | 178.8 | +36.4% |
| Prepaid Expenses & Other Current Assets | 126.5 | 78.7 | +60.7% |
| Total Current Assets | 2,405.1 | 5,195.1 | -53.7% |
| Inventory | 6.3 | — | — |
| Non-Current Assets | |||
| Deferred Tax Assets | 65.9 | 4.3 | +1432.6% |
| Operating Lease Right-of-Use Assets | 111.3 | 79.2 | +40.5% |
| Goodwill | 4,915.4 | — | — |
Show Business Segments breakouts |
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| International | 1,489.8 | — | — |
| International · Operating Segments | 1,489.8 | — | — |
| North America | 3,425.6 | — | — |
| North America · Operating Segments | 3,425.6 | — | — |
| Deposits Assets Noncurrent | 30.2 | 26 | +16.2% |
| Total Assets | 10,819.9 | — | — |
Show Business Segments breakouts |
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| International · Operating Segments | 2,808.2 | — | — |
| North America · Operating Segments | 8,011.7 | — | — |
| Property, Plant & Equipment | 1,269.6 | — | — |
Show Business Segments breakouts |
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| International · Operating Segments | 34.8 | — | — |
| North America · Operating Segments | 1,234.8 | — | — |
| Intangible Assets | 1,844.4 | — | — |
Show Finite Lived Intangible Assets By Major Class breakouts |
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| Above Market Leases | 29.1 | — | — |
| Customer Contracts | 974.9 | — | — |
| Developed Technology Rights | 432.4 | — | — |
| Leases Acquired In Place | 23.2 | — | — |
| Trade Names | 384.8 | — | — |
| Other Assets | |||
| Property Plant And Equipment And Finance Lease Right Of Use Asset After Accumulated Depreciation And Amortization | 1,269.6 | — | — |
| Intangible Assets Net Excluding Goodwill | 1,844.4 | 324.7 | +468.0% |
| Deferred Costs | 178 | — | — |
| Current Liabilities | |||
| Accounts Payable | 46.5 | 84.4 | -44.9% |
| Employee Related Liabilities Current | 145.2 | 105.5 | +37.6% |
| Accrued Liabilities And Other Liabilities Current | 217 | 188.1 | +15.4% |
| Litigation Reserve Current | 98.8 | — | — |
| Accrued Income Taxes Current | 9.5 | 8.9 | +6.7% |
| Operating And Finance Lease Liability Current | 28.4 | 38.9 | -27.0% |
| Deferred Revenue (Current) | 201.6 | 113.6 | +77.5% |
| Other Liabilities Current | 23.5 | — | — |
| Total Current Liabilities | 770.5 | 539.4 | +42.8% |
| Non-Current Liabilities | |||
| Long-Term Debt | 992.9 | — | — |
| Deferred Tax Liabilities | 248.6 | 12.8 | +1842.2% |
| Accrued Income Taxes Noncurrent | 27.3 | 23.9 | +14.2% |
| Lease And Other Liabilities Noncurrent | 156.7 | 80 | +95.9% |
| Total Liabilities | 2,196 | — | — |
Show Business Segments breakouts |
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| International · Operating Segments | 424.3 | — | — |
| North America · Operating Segments | 1,771.7 | — | — |
| Long-Term Debt | 1,000 | — | — |
| Operating Lease Liabilities | 103.9 | 63.7 | +63.1% |
| Contract With Customer Liability Noncurrent | 1.3 | 0.1 | +1200.0% |
| Other Liabilities | |||
| Minority Interest | 8.1 | — | — |
| Stockholders' Equity | |||
| Total Stockholders' Equity | 8,615.8 | — | — |
| Stockholders Equity Including Portion Attributable To Noncontrolling Interest | 8,623.9 | 7,491.1 | +15.1% |
Show Equity Components breakouts |
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| Accumulated Other Comprehensive Income | 57 | -4.1 | +1490.2% |
| Additional Paid In Capital | 6,366.1 | 5,207.9 | +22.2% |
| Common Stock | 4.2 | 4.1 | +2.4% |
| Noncontrolling Interest | 8.1 | — | — |
| Parent | 8,615.8 | — | — |
| Retained Earnings | 2,303.5 | 2,283.2 | +0.9% |
| Treasury Stock Common | -115 | — | — |
| Total Liabilities & Equity | 10,819.9 | 9,138.7 | +18.4% |
| Accumulated Other Comprehensive Income | 57 | — | — |
Cash Flow Statement
| Metric | YTD Q3 2025 | YTD Q3 2024 | YoY |
|---|---|---|---|
| Operating Activities | |||
| Depreciation & Amortization | 182 | 107.6 | +69.1% |
| Amortization Of Deferred Sales Commissions | 110.4 | 86.1 | +28.2% |
| Non Cash Lease Expense | 22.3 | 25.1 | -11.2% |
| Stock-Based Compensation | 153 | 67.3 | +127.3% |
| Deferred Income Taxes | 5.4 | -15.4 | +135.1% |
| Provision For Doubtful Accounts | 25.9 | 25.8 | +0.4% |
| Other Operating Activities Cash Flow Statement | -5.9 | 1.7 | -447.1% |
| Change in Accounts Receivable | -32.3 | -13.7 | -135.8% |
| Change in Prepaid & Other Assets | -19.2 | -8.2 | -134.1% |
| Increase Decrease Deferred Commissions | -117.2 | -91.7 | -27.8% |
| Increase Decrease In Accounts Payable And Accrued Liabilities | 10.9 | 57.9 | -81.2% |
| Increase Decrease In Lease Liability | -23.8 | -29.9 | +20.4% |
| Increase Decrease In Accrued Income Taxes Payable | -21.2 | -1.7 | -1147.1% |
| Change in Deferred Revenue | 17.1 | 8.2 | +108.5% |
| Net Cash from Operations | 267.9 | 298 | -10.1% |
| Investing Activities | |||
| Proceeds From Sale Maturity And Collections Of Investments | 203.4 | — | — |
| Proceeds From Sale Of Property And Equipment And Other Assets | 1.3 | 1.4 | -7.1% |
| Capital Expenditures | -246.2 | -509.6 | +51.7% |
| Payments To Acquire Property And Equipment And Other Assets | -76.3 | -49.5 | -54.1% |
| Payments To Acquire Equity Securities Fv Ni | -284.8 | — | — |
| Payments To Acquire Businesses Net Of Cash Acquired | -2,347.2 | -5.1 | -45923.5% |
| Net Cash from Investing | -2,749.8 | -562.8 | -388.6% |
| Capital Expenditures Incurred But Not Yet Paid And Noncash Landlord Incentives | 80.5 | 47.8 | +68.4% |
| Financing Activities | |||
| Tax Withholding for Share Compensation | -64.2 | -28.7 | -123.7% |
| Share Repurchases | -115 | — | — |
| Proceeds From Exercise Of Stock Options And Espp | 20.4 | 21.7 | -6.0% |
| Finance Lease Principal Payments | -3.3 | -3.4 | +2.9% |
| Net Cash from Financing | -162.1 | -13.8 | -1074.6% |
| Amortization of Financing Costs | 1.6 | 2.3 | -30.4% |
| Supplemental | |||
| Interest Paid | 29.5 | 29.8 | -1.0% |
| Income Taxes Paid | 56.4 | 63.4 | -11.0% |
| Other Cash Flow | |||
| Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents | -2.2 | 0.3 | -833.3% |
| Net Change in Cash | -2,646.2 | -278.3 | -850.8% |
| Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents | 2,034.8 | 4,937.6 | -58.8% |
Values in millions USD. Source: SEC EDGAR 10-Q filing.