CoStar Group Inc. (CSGP) Financial Statements (2025 and earlier)
Company Profile
| Business Address |
1331 L STREET, NW WASHINGTON, DC 20005 |
| State of Incorp. | DE |
| Fiscal Year End | December 31 |
| Industry (SIC) | 7389 - Business Services, Not Elsewhere Classified (benchmarking) |
| More info | Complete Financial Analysis Financial Benchmarking |
Balance Sheet (Statement of Financial Position) ($ in millions)
| 6/30/2025 MRQ | 12/31/2024 | 12/31/2023 | 12/31/2022 | 12/31/2021 | 12/31/2020 | 12/31/2019 | |||
|---|---|---|---|---|---|---|---|---|---|
| ASSETS | |||||||||
| Current Assets | |||||||||
| Cash, cash equivalents, and short-term investments | 4,700 | 5,200 | 5,000 | 3,827 | 3,694 | 1,071 | |||
| Cash and cash equivalent | 4,700 | 5,200 | 5,000 | 3,827 | 3,694 | 1,071 | |||
| Short-term investments | |||||||||
| Restricted cash and investments | |||||||||
| Receivables | 188 | 190 | 154 | 125 | 104 | 92 | |||
| Inventory, net of allowances, customer advances and progress billings | |||||||||
| Inventory | |||||||||
| Contract with customer, asset, after allowance for credit loss | 6 | ||||||||
| Derivative instruments and hedges, assets | |||||||||
| Other undisclosed current assets | 57 | 86 | 32 | 36 | 91 | 36 | |||
| Total current assets: | 4,950 | 5,476 | 5,186 | 3,988 | 3,889 | 1,199 | |||
| Noncurrent Assets | |||||||||
| Operating lease, right-of-use asset | 103 | 80 | 80 | 101 | 109 | 115 | |||
| Nontrade receivables | 2 | 2 | 11 | 15 | 15 | ||||
| Property, plant and equipment | 321 | 271 | 126 | 108 | |||||
| Long-term investments and receivables | 10 | ||||||||
| Long-term investments | 10 | ||||||||
| Intangible assets, net (including goodwill) | 2,961 | 2,700 | 2,644 | 2,757 | 2,663 | 2,303 | |||
| Goodwill | 2,528 | 2,386 | 2,315 | 2,321 | 2,236 | 1,882 | |||
| Intangible assets, net (excluding goodwill) | 433 | 314 | 329 | 436 | 427 | 421 | |||
| Capitalized contract cost, net | 170 | ||||||||
| Deposits noncurrent assets | 28 | 18 | 17 | 22 | 16 | 9 | |||
| Deferred costs | 168 | 142 | 102 | 93 | 89 | ||||
| Deferred income tax assets | 31 | 4 | 10 | 5 | 5 | 5 | |||
| Other undisclosed noncurrent assets | 1,015 | 472 | |||||||
| Total noncurrent assets: | 4,307 | 3,444 | 3,217 | 3,269 | 3,027 | 2,655 | |||
| TOTAL ASSETS: | 9,257 | 8,920 | 8,402 | 7,257 | 6,915 | 3,854 | |||
| LIABILITIES AND EQUITY | |||||||||
| Liabilities | |||||||||
| Current Liabilities | |||||||||
| Accounts payable and accrued liabilities | 204 | 186 | 118 | 217 | 223 | 110 | |||
| Taxes payable | ✕ | ✕ | ✕ | ✕ | 31 | 16 | 11 | ||
| Employee-related liabilities | ✕ | ✕ | ✕ | ✕ | 82 | 81 | 53 | ||
| Accounts payable | 47 | 23 | 28 | 22 | 16 | 8 | |||
| Accrued liabilities | 157 | 163 | 89 | 82 | 110 | 39 | |||
| Deferred revenue | 142 | 104 | 104 | 95 | 75 | 67 | |||
| Debt | 5 | 3 | 30 | ||||||
| Estimated litigation liability | |||||||||
| Other liabilities | |||||||||
| Other undisclosed current liabilities | 202 | 162 | 151 | 26 | 33 | ||||
| Total current liabilities: | 552 | 456 | 373 | 339 | 331 | 207 | |||
| Noncurrent Liabilities | |||||||||
| Long-term debt and lease obligation | 1,002 | 1,000 | 989 | 1,087 | 134 | ||||
| Long-term debt, excluding current maturities | 992 | 991 | 989 | 988 | 134 | ||||
| Finance lease, liability | 10 | 10 | |||||||
| Liabilities, other than long-term debt | 145 | 121 | 166 | 112 | 1,085 | 108 | |||
| Accounts payable and accrued liabilities | 25 | 18 | 14 | 12 | 25 | 21 | |||
| Deferred revenue | 19 | 0 | 0 | 1 | |||||
| Deferred gain on sale of property | 987 | ||||||||
| Deferred income tax liabilities | 8 | 37 | 76 | 99 | 73 | 87 | |||
| Operating lease, liability | 94 | 66 | 76 | 99 | |||||
| Other undisclosed noncurrent liabilities | 4 | 4 | 4 | 7 | 124 | ||||
| Total noncurrent liabilities: | 1,151 | 1,125 | 1,160 | 1,207 | 1,209 | 241 | |||
| Total liabilities: | 1,703 | 1,581 | 1,532 | 1,545 | 1,540 | 448 | |||
| Equity | |||||||||
| Equity, attributable to parent | 7,554 | 7,339 | 6,870 | 5,712 | 5,375 | 3,406 | |||
| Common stock | 4 | 4 | 4 | 4 | 0 | 0 | |||
| Additional paid in capital | 5,232 | 5,148 | 5,066 | 4,253 | 4,208 | 2,473 | |||
| Accumulated other comprehensive income (loss) | (26) | (18) | (29) | (6) | (1) | (9) | |||
| Retained earnings | 2,343 | 2,204 | 1,830 | 1,460 | 1,168 | 940 | |||
| Other undisclosed equity, attributable to parent | |||||||||
| Total equity: | 7,554 | 7,339 | 6,870 | 5,712 | 5,375 | 3,406 | |||
| TOTAL LIABILITIES AND EQUITY: | 9,257 | 8,920 | 8,402 | 7,257 | 6,915 | 3,854 | |||
Income Statement (P&L) ($ in millions)
| 6/30/2025 TTM | 12/31/2024 | 12/31/2023 | 12/31/2022 | 12/31/2021 | 12/31/2020 | 12/31/2019 | ||
|---|---|---|---|---|---|---|---|---|
| Revenues | 2,736 | 2,455 | 2,182 | 1,944 | 1,659 | 1,400 | ||
| Cost of revenue (Cost of Product and Service Sold) | (559) | (492) | (414) | (357) | (309) | (289) | ||
| Gross profit: | 2,178 | 1,964 | 1,768 | 1,587 | 1,350 | 1,110 | ||
| Operating expenses | (2,173) | (1,681) | (1,317) | (1,155) | (1,061) | (747) | ||
| Operating income (loss): | 5 | 282 | 451 | 432 | 289 | 364 | ||
| Nonoperating income (expense) (Other Nonoperating Income (Expense)) | (7) | 5 | 3 | 3 | 30 | |||
| Interest and debt expense | (27) | (0) | (32) | (32) | (2) | (3) | ||
| Other undisclosed loss from continuing operations before equity method investments, income taxes | (17) | |||||||
| Income (loss) from continuing operations before equity method investments, income taxes: | (30) | 288 | 422 | 403 | 271 | 391 | ||
| Other undisclosed income from continuing operations before income taxes | 240 | 214 | 64 | 1 | ||||
| Income from continuing operations before income taxes: | 210 | 501 | 486 | 404 | 271 | 391 | ||
| Income tax expense | (71) | (127) | (117) | (111) | (44) | (76) | ||
| Income from continuing operations: | 139 | 375 | 369 | 293 | 227 | 315 | ||
| Income before gain (loss) on sale of properties: | ✕ | ✕ | ✕ | ✕ | 293 | 227 | 315 | |
| Net income available to common stockholders, diluted: | 139 | 375 | 369 | 293 | 227 | 315 | ||
Comprehensive Income ($ in millions)
| 6/30/2025 TTM | 12/31/2024 | 12/31/2023 | 12/31/2022 | 12/31/2021 | 12/31/2020 | 12/31/2019 | ||
|---|---|---|---|---|---|---|---|---|
| Net income: | 139 | 375 | 369 | 293 | 227 | 315 | ||
| Other comprehensive income (loss) | 12 | (23) | (5) | 8 | 3 | |||
| Comprehensive income: | 139 | 386 | 346 | 288 | 235 | 318 | ||
| Other undisclosed comprehensive income (loss), net of tax, attributable to parent | (8) | |||||||
| Comprehensive income, net of tax, attributable to parent: | 131 | 386 | 346 | 288 | 235 | 318 | ||
Statements Sources
The financial statements are based on the Company's filings with the U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.