CoStar Group, Inc.

NasdaqGS-CSGP

Operating Activities	Sep '25	Jun '25	Mar '25	Dec '24	Sep '24	Jun '24
Net Income	20.3	104.2	117.2	138.7	175.4	212.9
Net Income
Depreciation & Amortization	362.3	314.9	281.4	263.6	247.8	234.1
Depreciation and Amortization
Amortization of Deferred Commissions Costs
Share-Based Compensation Expense	174.7	125.7	96.6	89	88.5	88.6
Stock-Based Compensation Expense
Other Adjustments	35.8	18.5	22.3	20.5	27	33.2
Amortization of Senior Notes Discount and Issuance Costs
Non-Cash Lease Expense
Loss on Extinguishment of Debt
Impairment Loss
Loss on Disposal of Property and Equipment
Realized Gain on Investments
Deferred Income Taxes, Net
Credit Loss Expense
Other Operating Activities, Net
Changes in Trade Receivables	-48.8	-17.9	-30.3	-30.2	-15.7	-57.1
Accounts Receivable
Changes in Accounts Payable	-3.5	9.7	-55.8	43.5	70.7	67.5
Accounts Payable and Other Liabilities
Changes in Income Taxes Payable	2.9	8.1	23.7	22.4	4.6	-9.2
Income Taxes Payable, Net
Changes in Unearned Revenue	20.1	9	10.9	11.2	13	8.8
Deferred Revenue
Changes in Other Operating Activities	-177.6	-182.1	-161.6	-166.1	-160.3	-175.8
Prepaid Expenses and Other Current Assets
Prepaid Expenses, Other Current Assets and Other Assets
Deferred Commissions
Income Tax Receivable
Lease Liabilities
Other Assets
Cash from Operating Activities	362.5	394.6	306.2	392.6	446.5	388.8
Net Cash Provided by Operating Activities

Investing Activities	Sep '25	Jun '25	Mar '25	Dec '24	Sep '24	Jun '24
Capital Expenditure	-401.3	-396.1	-336.8	-637.9	-625.9	-560.9
Purchase and Construction of Richmond Assets
Purchases of Property, Equipment, and Other Assets for New Campuses
Purchases of Property, Equipment, and Other Assets
Proceeds from Sale of Property, Plant & Equipment	1.6	2.5	—	1.7	—	—
Proceeds from Sale of Property, Equipment, and Other Assets
Proceeds from Sale of Investments	—	—	—	—	—	—
Proceeds from Sale and Settlement of Investments
Payments for Business Acquisitions	-2,993.9	-1,532.6	-1,162.6	-276.7	-240.5	-154.5
Cash Paid for Acquisitions, Net of Cash Acquired
Cash from Investing Activities	-3,099.9	-1,496.7	-1,443.2	-912.9	-725.4	-661.8
Net Cash Provided by Investing Activities

Financing Activities	Sep '25	Jun '25	Mar '25	Dec '24	Sep '24	Jun '24
Issuance of Long-Term Debt	—	—	—	—	—	—
Proceeds from Long-Term Debt
Repayments of Long-Term Debt	—	—	—	—	—	—
Payments of Long-Term Debt
Payments of Long-Term Debt Assumed in Acquisition
Net Issuance / (Repayments) of Long-Term Debt	—	—	—	—	—	—
Issuance of Common Shares	23.2	21.7	26.5	24.5	24.7	24.4
Proceeds from Equity Offering, Net of Transaction Costs
Proceeds from Exercise of Stock Options and Employee Stock Purchase Plan
Repurchases of Common Shares	-65	-49.6	-38.2	-29.5	-31.7	-30.8
Repurchase of Restricted Stock to Satisfy Tax Withholding Obligations
Net Issuance / (Repurchases) of Common Shares	-41.8	-27.9	-11.7	-5	-7	-6.4
Other Financing Activities	-5	-4.9	-5.8	-8.7	-4.1	-3.3
Payments of Debt Issuance Costs
Principal Repayments of Financing Lease Obligations
Other Financing Activities
Cash from Financing Activities	-162	-96.8	-38.5	-13.7	-14.5	-12.7
Net Cash Provided by Financing Activities