CoStar Group, Inc.
Real EstateNASDAQ:CSGP · NASDAQ Global Select
+$0.19 today
Vol 4.83M · Avg 7.21M
Income Statement
Follow revenue through to earnings
Review sales, margins, expenses, and profit trends to see what is actually driving reported earnings over time.
Earnings Waterfall
Revenue to Net Income
Key Ratios
Analysis
$3.4B of revenue converted into $25.3M of net income for the selected period. Gross margin is 77.5% and net margin is 0.7%, showing how much revenue survives after costs and taxes. EPS is $0.06, tying the income statement back to per-share earnings.
Income Statement
Annual data · 5 periods
| Metric | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $3.2B +18.7% | $2.7B +11.5% | $2.5B +12.5% | $2.2B +12.3% | $1.9B | $809.6M | $921.6M | $731.2M |
| Cost of Revenue | $804.0M +44.0% | $558.5M +13.6% | $491.5M +18.7% | $414.0M +15.9% | $357.2M | $725.6M | $804.0M | $882.4M |
| Gross Profit | $2.4B +12.2% | $2.2B +10.9% | $2.0B +11.0% | $1.8B +11.4% | $1.6B | $8.9B | $7.6B | $6.2B |
| Gross Margin | 75.2% -4.3pp | 79.6% -0.4pp | 80.0% -1.1pp | 81.0% -0.6pp | 81.6% | 9.8% | 28.9% | 38.3% |
| Research & Development | $406.0M +24.8% | $325.3M +21.6% | $267.6M +21.1% | $220.9M +9.9% | $201.0M | $983.2M | $1.3B | $490.4M |
| Selling, General & Admin | $2.1B +16.9% | $1.8B +31.5% | $1.4B +34.1% | $1.0B +16.4% | $878.8M | $620.6M | $923.0M | -$1.5B |
| Operating Expenses | $2.5B +15.7% | $2.2B +29.3% | $1.7B +27.6% | $1.3B +14.1% | $1.2B | $5.3B | $7.0B | $8.7B |
| Depreciation & Amortization | $242.0M +64.7% | $146.9M +36.7% | $107.5M -22.0% | $137.9M -1.2% | $139.6M | $374.2M | $1.2B | $631.8M |
| EBITDA | $272.0M -29.2% | $384.4M -40.0% | $640.2M +2.5% | $624.4M +8.6% | $575.1M | -$15.2B | $6.8B | $9.3B |
| EBITDA Margin | 8.4% -5.7pp | 14.0% -12.0pp | 26.1% -2.5pp | 28.6% -1.0pp | 29.6% | 5.6% | 46.3% | 42.0% |
| Operating Income | -$72.0M -1631.9% | $4.7M -98.3% | $282.3M -37.4% | $451.0M +4.3% | $432.3M | $12.3B | $14.0B | -$15.7B |
| Operating Margin | -2.2% -2.4pp | 0.2% -11.3pp | 11.5% -9.2pp | 20.7% -1.6pp | 22.2% | 16.6% | 24.1% | 22.0% |
| Interest Income | $110.0M -54.1% | $239.9M -2.1% | $245.0M +662.6% | $32.1M | $0 | -$1.5B | -$1.6B | $405.0M |
| Interest Expense | $19.0M -30.7% | $27.4M -12.7% | $31.4M | $0 -100.0% | $31.6M | $1.1B | $1.0B | $1.2B |
| Other Income / Expenses | $102.0M -50.3% | $205.4M -6.2% | $219.0M +516.8% | $35.5M +225.2% | -$28.4M | -$1.5B | $1.4B | $1.2B |
| Income Before Tax | $30.0M -85.7% | $210.1M -58.1% | $501.3M +3.1% | $486.5M +20.4% | $404.0M | $3.3B | $4.9B | $3.6B |
| Pre-Tax Margin | 0.9% -6.8pp | 7.7% -12.7pp | 20.4% -1.9pp | 22.3% +1.5pp | 20.8% | 20.8% | 18.7% | 26.2% |
| Income Tax Expense | $23.0M -67.8% | $71.4M -43.6% | $126.6M +8.2% | $117.0M +5.0% | $111.4M | $1.3B | -$1.6B | $745.2M |
| Net Income | $7.0M -95.0% | $138.7M -63.0% | $374.7M +1.4% | $369.5M +26.3% | $292.6M | $4.9B | $4.8B | $4.7B |
| Net Margin | 0.2% -4.9pp | 5.1% -10.2pp | 15.3% -1.7pp | 16.9% +1.9pp | 15.1% | 12.4% | 17.5% | 22.5% |
| EPS (Basic) | $0 -95.1% | $0 -63.0% | $1 -1.1% | $1 +24.0% | $1 | $400.8M | $703.2M | $1.3B |
| EPS (Diluted) | $0 -95.1% | $0 -63.0% | $1 -1.1% | $1 +25.7% | $1 | $766.2M | $609.4M | $452.6M |
| Weighted Avg Shares | $416.8M +2.6% | $406.3M +0.2% | $405.3M +2.3% | $396.3M +1.0% | $392.2M | $757.8M | $925.8M | $1.1B |
| Weighted Avg Shares (Diluted) | $420.7M +3.2% | $407.8M +0.2% | $406.9M +2.3% | $397.8M +0.9% | $394.2M | $1.2B | $924.4M | $678.0M |
Older periods hidden.
Sign in to unlockCompetitors
Peer companies in the same sector
CBRE Group, Inc.
NYSE:CBRE
$39.06B
Jones Lang LaSalle Incorporated
NYSE:JLL
$13.92B
FirstService Corporation
NASDAQ:FSV
$6.59B
Colliers International Group Inc.
NASDAQ:CIGI
$4.85B
Cushman & Wakefield plc
NYSE:CWK
$3.16B
Newmark Group, Inc.
NASDAQ:NMRK
$2.37B
Anywhere Real Estate Inc.
HOUS
$1.98B
Marcus & Millichap, Inc.
NYSE:MMI
$1.14B
FRP Holdings, Inc.
NASDAQ:FRPH
$456.06M
Maui Land & Pineapple Company, Inc.
NYSE:MLP
$363.12M
Transcontinental Realty Investors, Inc.
NYSE:TCI
$358.27M
New England Realty Associates Limited Partnership
AMEX:NEN
$200.96M
RE/MAX Holdings, Inc.
NYSE:RMAX
$185.34M
J.W. Mays, Inc.
NASDAQ:MAYS
$82.95M
SEC Filings
Recent regulatory filings
No filings found.
How much revenue does CSGP generate?
CoStar Group, Inc. (CSGP) reported $3.25B of revenue in fiscal 2025.
Is CSGP profitable?
CoStar Group, Inc. (CSGP) reported $7.00M of net income, with a net margin of 0.2%.
Explore More
Continue the stock analysis
Jump to another research area for this company.