CoStar Group

Real Estate Real Estate Services Washington, D.C. Last filing Feb 26, 2026 · FY2025

                    Revenue
                    FY2025
                
$3.2B
                    3y CAGR +14.2%
                    
                    P83
                    
                    +18.7%
                    
                    Net income
                    FY2025
                
$7.0M
                    Net margin +0.2%
                    
                    P7
                    
                    -95.0%
                    
                    Total assets
                    FY2025
                
$10.5B
                    ROA +0.1%
                    
                    P6
                    
                    +13.8%
                    
                    Operating cash flow
                    FY2025
                
$430.0M
                    FCF margin +1.3%
                    
                    P55
                    
                    +9.4%

17 yrs · FY2009–FY2025 9 filed · 0 derived · 0 blank

1Y 3Y 5Y 10Y

Dollars % of revenue % of assets YoY % CAGR

Each cell as a share of that year’s revenue.

Balance Sheet

Assets, liabilities, and equity

31 accounts · 10 years

Total assets $10.5B

Total liabilities $2.2B

Shareholders equity $8.3B

Account	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016
Assets
Cash and Cash Equivalents	53.4%	171.1%	212.5%	227.6%	196.9%	226.4%	76.5%	92.3%	125.5%	67.7%
Accounts Receivable	7.2%	6.9%	7.7%	7.1%	6.4%	6.3%	6.6%	7.5%	6.3%	5.8%
Prepaid Expenses	4.1%	3.0%	2.9%	2.9%	1.9%	1.7%	2.6%	2.0%	1.6%	1.4%
Other Current Assets	0.6%	0.0%	—	—	—	—	—	—	—	0.0%
Total Current Assets	65.3%	180.9%	223.1%	237.6%	205.1%	234.4%	85.7%	101.8%	133.4%	74.9%
Property,Plant and Equipment	40.7%	37.1%	19.2%	14.7%	14.0%	7.6%	7.7%	7.0%	8.8%	10.5%
Operating Lease Assets	3.8%	3.8%	3.3%	3.7%	5.2%	6.6%	8.2%	—	—	—
Goodwill	152.3%	92.4%	97.2%	106.1%	119.4%	134.8%	134.5%	135.2%	133.0%	149.8%
Intangible Assets	54.5%	15.8%	12.8%	15.1%	22.4%	25.7%	30.1%	24.2%	18.9%	23.4%
Deferred Tax Assets	1.4%	1.1%	0.2%	0.4%	0.3%	0.3%	0.4%	0.6%	0.6%	0.9%
Other Noncurrent Assets	6.5%	7.2%	7.6%	7.4%	6.9%	7.5%	8.1%	8.3%	1.3%	0.2%
Total Assets	324.5%	338.3%	363.3%	385.0%	373.3%	416.8%	275.3%	278.0%	297.7%	260.9%
Liabilities
Accounts Payable	1.3%	1.6%	0.9%	1.3%	1.1%	0.9%	0.5%	0.5%	1.0%	1.4%
Accrued Liabilities	13.8%	11.7%	11.8%	9.4%	10.0%	12.5%	7.3%	7.5%	8.8%	8.2%
Deferred Revenue	6.3%	5.0%	4.2%	4.7%	4.9%	4.5%	4.8%	4.3%	4.7%	4.7%
Operating Lease Liabilities	0.9%	1.2%	1.6%	1.6%	1.4%	2.0%	2.1%	—	—	—
Other Current Liabilities	0.7%	0.7%	—	—	—	—	—	0.6%	0.8%	0.4%
Total Current Liabilities	23.0%	20.2%	18.6%	17.1%	17.4%	19.9%	14.8%	12.9%	15.2%	18.5%
Long Term Debt	30.6%	36.3%	40.3%	45.3%	50.8%	59.5%	9.6%	0.3%	0.0%	36.6%
Deferred Tax Liabilities	7.3%	0.3%	1.5%	3.5%	5.1%	4.4%	6.2%	5.9%	1.3%	2.2%
Other Noncurrent Liabilities	5.9%	5.6%	4.0%	4.3%	6.2%	9.0%	1.5%	5.3%	6.6%	6.1%
Total Liabilities	66.7%	62.3%	64.4%	70.2%	79.5%	92.8%	32.0%	24.4%	23.0%	63.4%
Equity
Preferred Stock	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%
Common Stock	0.1%	0.1%	0.2%	0.2%	0.2%	0.2%	0.0%	0.0%	0.0%	0.0%
Additional Paid In Capital	197.4%	191.2%	209.7%	232.1%	218.8%	253.4%	176.7%	203.0%	242.4%	175.6%
Retained Earnings	72.4%	85.6%	89.8%	83.8%	75.1%	70.4%	67.2%	51.5%	33.2%	23.4%
Treasury Stock	15.7%	0.0%	—	—	—	—	—	—	—	—
Accumulated Other Comprehensive Income	2.5%	-1.0%	-0.7%	-1.3%	-0.3%	-0.1%	-0.6%	-1.0%	-0.9%	-1.6%
Total Stockholders Equity	256.7%	276.0%	298.9%	314.8%	293.8%	324.0%	243.3%	253.6%	274.7%	197.5%
Noncontrolling Interest	1.1%	0.0%	—	—	—	—	—	—	—	—
Total Liabilitiesand Equity	324.5%	338.3%	363.3%	385.0%	373.3%	416.8%	275.3%	278.0%	297.7%	260.9%

Income Statement

Revenue, expense, and profitability

17 accounts · 10 years

Revenue $3.2B

Operating income $-72.0M

Net income $7.0M

Account	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016
IncomeStatement
Revenues Total Revenue	100.0%	100.0%	100.0%	100.0%	100.0%	100.0%	100.0%	100.0%	100.0%	100.0%
Expenses Cost of Revenue	21.1%	20.4%	20.0%	19.0%	18.4%	18.6%	20.7%	22.6%	22.8%	20.8%
Other Income Expense Gross Profit	78.9%	79.6%	80.0%	81.0%	81.6%	81.4%	79.3%	77.4%	77.2%	79.2%
Expenses Research and Development	12.5%	11.9%	10.9%	10.1%	10.3%	9.8%	9.0%	8.5%	9.2%	9.1%
Expenses Selling,General and Administrative	65.0%	65.9%	55.9%	46.9%	45.2%	50.4%	42.0%	43.3%	48.1%	50.1%
Expenses Depreciation and Amortization	3.6%	1.6%	1.7%	3.4%	3.8%	3.8%	2.4%	2.6%	1.8%	2.7%
Expenses Operating Expenses	81.1%	79.4%	68.5%	60.4%	59.4%	63.9%	53.4%	54.4%	59.2%	61.9%
Other Income Expense Operating Income	-2.2%	0.2%	11.5%	20.7%	22.2%	17.4%	26.0%	23.0%	18.0%	17.3%
Other Income Expense Interest Income	3.4%	7.8%	8.7%	1.5%	—	-1.0%	—	—	—	—
Other Income Expense Other Income/expense	-0.2%	-0.3%	0.2%	0.2%	—	-0.0%	—	0.9%	—	—
Other Income Expense Income Before Tax	0.9%	7.7%	20.4%	22.3%	20.8%	16.3%	27.9%	23.8%	17.1%	16.3%
Income Tax Income Tax Expense	0.7%	2.6%	5.2%	5.4%	5.7%	2.6%	5.4%	3.8%	4.4%	6.2%
net Income net Income	0.2%	5.1%	15.3%	16.9%	15.1%	13.7%	22.5%	20.0%	12.7%	10.2%
net Income Comprehensive Income	3.5%	4.8%	15.7%	15.9%	14.8%	14.2%	22.7%	19.8%	13.1%	9.5%
Earnings Per Share Basic Eps	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%
Earnings Per Share Diluted Eps	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%
Earnings Per Share Weighted Average Shares Diluted	13.0%	14.9%	16.6%	18.2%	20.3%	23.1%	26.2%	3.1%	3.5%	3.9%

Cash Flow Statement

Operating, investing, and financing flows

19 accounts · 10 years

Operating cash flow $430.0M

Investing cash flow $-2.8B

Financing cash flow $-559.0M

Account	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016
CashFlow
Operating Activities net Income	0.2%	5.1%	15.3%	16.9%	15.1%	13.7%	22.5%	20.0%	12.7%	10.2%
Operating Activities Depreciation and Amortization	12.4%	9.6%	8.3%	9.8%	10.4%	10.7%	9.6%	10.6%	6.6%	8.4%
Operating Activities Stock Based Compensation	6.0%	3.3%	3.5%	3.4%	3.3%	3.2%	3.7%	3.5%	4.0%	4.3%
Operating Activities Deferred Income Taxes	1.1%	-1.8%	-1.5%	-1.4%	1.2%	-0.7%	0.6%	0.3%	-0.3%	1.9%
Operating Activities Changes In Operating Assets and Liabilities	-8.3%	-4.3%	-8.1%	-9.4%	-7.9%	-0.9%	-6.2%	-6.7%	0.0%	-2.1%
Operating Activities Other Non Cash Items	1.8%	2.6%	2.6%	2.6%	2.1%	3.3%	2.4%	0.5%	1.2%	1.4%
Operating Activities net Cash From Operating Activities	13.2%	14.4%	20.0%	21.9%	24.2%	29.3%	32.7%	28.1%	24.3%	24.0%
Investing Activities Capital Expenditures	-12.0%	-23.3%	-5.8%	-4.3%	-9.7%	-2.9%	-3.3%	-2.5%	-2.5%	-2.2%
Investing Activities Business Acquisitions	-72.3%	-10.1%	-4.1%	-0.3%	-9.9%	-25.7%	-31.3%	-35.1%	-4.9%	-1.2%
Investing Activities Purchases of Investments	-8.8%	0.0%	—	—	—	—	—	—	—	—
Investing Activities Proceeds From Sale of Investments	6.3%	0.1%	0.2%	0.0%	0.0%	0.6%	0.0%	0.0%	—	0.7%
Investing Activities net Cash From Investing Activities	-86.7%	-33.4%	-9.7%	-3.2%	-19.6%	-28.0%	-34.6%	-37.6%	-7.5%	-2.8%
Financing Activities Repurchase of Common Stock	-15.4%	0.0%	0.0%	—	—	—	—	—	—	—
Financing Activities Proceeds From Stock Issuance	0.7%	0.9%	0.9%	34.8%	0.9%	103.7%	1.8%	2.3%	87.4%	0.7%
Financing Activities Tax Withholding On Stock Based Compensation	-2.3%	-1.1%	-1.1%	-1.1%	-1.7%	-2.3%	-2.0%	-2.0%	-1.5%	-2.0%
Financing Activities Other Financing Activities	-0.2%	-0.3%	-0.0%	0.0%	-0.0%	-1.1%	-0.1%	0.0%	-0.4%	0.0%
Financing Activities net Cash From Financing Activities	-17.2%	-0.5%	-0.2%	33.6%	-0.8%	160.5%	-0.3%	0.2%	49.8%	-3.6%
Cash Reconciliation Effect of Exchange Rate On Cash	-0.1%	-0.0%	0.0%	-0.1%	-0.1%	0.1%	0.0%	-0.1%	0.1%	-0.2%
Cash Reconciliation net Change In Cash	-90.8%	-19.6%	10.1%	52.3%	3.7%	161.9%	-2.1%	-9.3%	66.7%	17.4%

Key Ratios

Margins, returns, liquidity, leverage, efficiency

Computed at import · 10 years

Ratio	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016
Profitability
Gross margin	+78.9%	+79.6%	+80.0%	+81.0%	+81.6%	+81.4%	+79.3%	+77.4%	+77.2%	+79.2%
Operating margin	-2.2%	+0.2%	+11.5%	+20.7%	+22.2%	+17.4%	+26.0%	+23.0%	+18.0%	+17.3%
Net margin	+0.2%	+5.1%	+15.3%	+16.9%	+15.1%	+13.7%	+22.5%	+20.0%	+12.7%	+10.2%
FCF margin	+1.3%	-9.0%	+14.1%	+17.6%	+14.4%	+26.4%	+29.4%	+25.7%	+21.8%	+21.7%
Growth
Revenue CAGR (3y)	+14.2%	+12.1%	+14.0%	+16.0%	+17.7%	+19.8%	+18.7%	+18.7%	+18.8%	+23.8%
Returns
ROE	+0.1%	+1.8%	+5.1%	+5.4%	+5.1%	+4.2%	+9.2%	+7.9%	+4.6%	+5.1%
ROA	+0.1%	+1.5%	+4.2%	+4.4%	+4.0%	+3.3%	+8.2%	+7.2%	+4.3%	+3.9%
ROIC	-0.2%	+0.1%	+6.8%	+11.8%	+10.9%	+9.3%	+11.9%	+11.9%	+9.0%	+6.3%
Liquidity
Current ratio	2.84x	8.97x	12.01x	13.91x	11.78x	11.75x	5.79x	7.87x	8.78x	4.05x
Quick ratio	2.64x	8.82x	11.86x	13.74x	11.67x	11.67x	5.62x	7.72x	8.68x	3.97x
Leverage
D/E	0.26x	0.23x	0.22x	0.22x	0.27x	0.29x	0.13x	0.10x	0.08x	0.32x
Interest coverage	—	—	—	—	—	—	—	—	19.28x	14.47x
Efficiency
Asset turnover	0.31x	0.30x	0.28x	0.26x	0.27x	0.24x	0.36x	0.36x	0.34x	0.38x
Cash conversion cycle	—	—	—	—	—	—	—	—	—	—

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CoStar Group

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