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 +3.8%
                    
                    P13
                    
                    +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

32 accounts · 5 years

Total assets $10.5B

Total liabilities $2.2B

Shareholders equity $8.3B

Account	2025	2024	2023	2022	2021
Assets
Cash and Cash Equivalents	50.3%	171.8%	211.8%	229.1%	196.9%
Short Term Investments	0.0%	0.0%	0.0%	0.0%	0.0%
Accounts Receivable	7.2%	6.9%	7.7%	7.1%	6.4%
Prepaid Expenses	4.1%	3.0%	2.9%	2.9%	1.9%
Other Current Assets	4.1%	3.0%	2.9%	2.9%	1.9%
Total Current Assets	65.3%	180.9%	223.1%	237.6%	205.1%
Property,Plant and Equipment	40.7%	37.1%	19.2%	14.7%	14.0%
Operating Lease Assets	3.8%	3.8%	3.3%	3.7%	5.2%
Goodwill	152.3%	92.4%	97.2%	106.1%	119.4%
Intangible Assets	54.5%	15.8%	12.8%	15.1%	22.4%
Deferred Tax Assets	1.4%	1.1%	0.2%	0.4%	0.3%
Other Noncurrent Assets	0.0%	0.0%	0.1%	0.1%	0.6%
Total Assets	324.5%	338.3%	363.3%	385.0%	373.3%
Liabilities
Accounts Payable	1.3%	1.7%	0.9%	1.3%	1.1%
Accrued Liabilities	4.5%	4.9%	4.8%	4.1%	4.2%
Deferred Revenue	6.3%	5.0%	4.2%	4.7%	4.9%
Operating Lease Liabilities	0.7%	1.0%	1.5%	1.7%	1.4%
Other Current Liabilities	0.7%	—	—	—	—
Total Current Liabilities	23.0%	20.2%	18.6%	17.1%	17.4%
Long Term Debt	30.6%	36.3%	40.3%	45.3%	50.8%
Deferred Revenue Noncurrent	0.0%	0.0%	0.0%	0.0%	0.1%
Operating Lease Liabilities Noncurrent	3.6%	3.4%	2.7%	3.5%	5.1%
Deferred Tax Liabilities	7.3%	0.3%	1.5%	3.5%	5.1%
Other Noncurrent Liabilities	0.8%	0.9%	0.7%	0.6%	0.6%
Total Liabilities	66.7%	62.3%	64.4%	70.2%	79.5%
Equity
Preferred Stock	0.0%	0.0%	0.0%	0.0%	0.0%
Common Stock	0.0%	0.1%	0.2%	0.2%	0.2%
Additional Paid In Capital	5.9%	191.2%	209.7%	232.1%	218.8%
Treasury Stock	15.4%	—	—	—	—
Accumulated Other Comprehensive Income	0.0%	-0.9%	-0.7%	-1.3%	-0.3%
Total Stockholders Equity	256.7%	276.1%	298.9%	314.8%	293.8%
Total Liabilitiesand Equity	324.5%	338.3%	363.3%	385.0%	373.3%

Income Statement

Revenue, expense, and profitability

19 accounts · 5 years

Revenue $3.2B

Operating income $-72.0M

Net income $7.0M

Account	2025	2024	2023	2022	2021
IncomeStatement
Revenues Total Revenue	100.0%	100.0%	100.0%	100.0%	100.0%
Expenses Cost of Revenue	21.1%	20.4%	20.0%	19.0%	18.4%
Expenses Selling,General and Administrative	16.9%	16.0%	15.6%	15.5%	13.2%
Expenses Depreciation and Amortization	8.1%	5.4%	4.4%	6.3%	7.2%
Expenses Share Based Compensation	6.0%	3.3%	3.5%	3.4%	3.3%
Expenses Operating Expenses	81.1%	79.4%	68.5%	60.4%	59.4%
Other Income Expense Gross Profit	78.9%	79.6%	80.0%	81.0%	81.6%
Other Income Expense Operating Income	-2.2%	0.2%	11.5%	20.7%	22.2%
Other Income Expense Interest Income	3.4%	7.8%	8.7%	1.5%	-1.6%
Other Income Expense Interest Expense	0.9%	1.0%	1.1%	1.3%	1.7%
Other Income Expense Other Income/expense	-0.2%	-0.3%	0.2%	0.2%	0.2%
Other Income Expense Income Before Tax	0.9%	7.7%	20.4%	22.3%	20.8%
Income Tax Income Tax Expense	0.7%	2.6%	5.2%	5.4%	5.7%
net Income net Income	0.2%	5.1%	15.3%	16.9%	15.1%
net Income Comprehensive Income	3.5%	4.8%	15.8%	15.9%	14.8%
Earnings Per Share Basic Eps	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%
Earnings Per Share Weighted Average Shares Basic	12.8%	14.9%	16.5%	18.2%	20.2%
Earnings Per Share Weighted Average Shares Diluted	13.0%	14.9%	16.6%	18.2%	20.3%

Cash Flow Statement

Operating, investing, and financing flows

20 accounts · 5 years

Operating cash flow $430.0M

Investing cash flow $-2.8B

Financing cash flow $-559.0M

Account	2025	2024	2023	2022	2021
CashFlow
Operating Activities net Income	0.2%	5.1%	15.3%	16.9%	15.1%
Operating Activities Depreciation and Amortization	8.1%	5.4%	4.4%	6.3%	7.2%
Operating Activities Stock Based Compensation	6.0%	3.3%	3.5%	3.4%	3.3%
Operating Activities Deferred Income Taxes	1.1%	-1.8%	-1.5%	-1.4%	1.2%
Operating Activities Changes In Operating Assets and Liabilities	2.2%	1.8%	3.4%	3.3%	3.2%
Operating Activities Other Non Cash Items	-0.2%	0.0%	-0.1%	-0.1%	-0.0%
Operating Activities net Cash From Operating Activities	13.2%	14.4%	20.0%	21.9%	24.2%
Investing Activities Capital Expenditures	9.5%	21.2%	4.8%	1.6%	6.4%
Investing Activities Business Acquisitions	72.3%	10.1%	4.1%	0.3%	9.9%
Investing Activities Purchases of Investments	8.8%	0.0%	—	—	—
Investing Activities net Cash From Investing Activities	-86.7%	-33.4%	-9.7%	-3.2%	-19.6%
Financing Activities Repayment of Debt	0.2%	0.0%	0.0%	0.1%	0.0%
Financing Activities Repurchase of Common Stock	15.4%	0.0%	0.0%	—	—
Financing Activities Tax Withholding On Stock Based Compensation	2.3%	1.1%	1.1%	1.1%	1.7%
Financing Activities Other Financing Activities	-0.2%	-0.3%	-0.0%	0.0%	-0.0%
Financing Activities net Cash From Financing Activities	-17.2%	-0.5%	-0.2%	33.6%	-0.8%
Cash Reconciliation Effect of Exchange Rate On Cash	-0.1%	-0.0%	0.0%	-0.1%	-0.1%
Cash Reconciliation net Change In Cash	-90.8%	-19.6%	10.1%	52.3%	3.7%
Cash Reconciliation Cash At Beginning of Period	53.4%	171.1%	212.5%	227.6%	196.9%
Cash Reconciliation Cash At End of Period	53.4%	171.1%	212.5%	227.6%	196.9%

Key Ratios

Margins, returns, liquidity, leverage, efficiency

Computed at import · 5 years

Ratio	2025	2024	2023	2022	2021
Profitability
Gross margin	+78.9%	+79.6%	+80.0%	+81.0%	+81.6%
Operating margin	-2.2%	+0.2%	+11.5%	+20.7%	+22.2%
Net margin	+0.2%	+5.1%	+15.3%	+16.9%	+15.1%
FCF margin	+3.8%	-6.8%	+15.2%	+20.3%	+17.8%
Growth
Revenue CAGR (3y)	+14.2%	+12.1%	+14.0%	+16.0%	+17.7%
Returns
ROE	+0.1%	+1.8%	+5.1%	+5.4%	+5.1%
ROA	+0.1%	+1.5%	+4.2%	+4.4%	+4.0%
ROIC	-0.2%	+0.1%	+6.7%	+12.0%	+10.9%
Liquidity
Current ratio	2.84x	8.96x	12.01x	13.92x	11.78x
Quick ratio	2.50x	8.85x	11.83x	13.83x	11.67x
Leverage
D/E	0.26x	0.23x	0.22x	0.22x	0.27x
Interest coverage	-2.57x	0.18x	10.07x	16.11x	13.38x
Efficiency
Asset turnover	0.31x	0.30x	0.28x	0.26x	0.27x
Cash conversion cycle	+7d	-6d	+11d	+1d	+1d

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CoStar Group

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