CoStar Group, Inc.

NasdaqGS-CSGP

OverviewFinancialsInvestor RelationsResearchEstimatesNewsOwnershipIndustryDividendsModelingFilings

Operating Activities	Sep '25	Jun '25	Mar '25	Dec '24	Sep '24	Jun '24
Net Income	-30.9	6.2	-14.8	59.8	53	19.2
Net Income
Depreciation & Amortization	112.7	101.4	78.3	69.9	65.3	67.9
Depreciation
Amortization
Depreciation and Amortization
Amortization of Deferred Commissions Costs
Share-Based Compensation Expense	70.8	51.8	30.4	21.7	21.8	22.7
Stock-Based Compensation Expense
Other Adjustments	52.7	-13.6	14.5	-15	8	14.8
Amortization of Senior Notes Discount and Issuance Costs
Realized Loss on Investments
Non-Cash Lease Expense
Loss on Extinguishment of Debt
Impairment Loss
Loss on Disposal of Property and Equipment
Realized Gain on Investments
Excess Tax Benefit from Stock-Based Compensation
Deferred Income Taxes, Net
Credit Loss Expense
Unrealized Gains on Investments and Deal-Contingent Foreign Currency Forward Contracts
Other Operating Activities, Net
Changes in Trade Receivables	-13.5	-3.1	-15.7	-16.5	17.4	-15.5
Accounts Receivable
Changes in Accounts Payable	-43.3	76.3	-22.1	-14.4	-30.1	10.8
Accounts Payable and Other Liabilities
Changes in Income Taxes Payable	0.1	-28	6.7	24.1	5.3	-12.4
Income Taxes Payable, Net
Changes in Unearned Revenue	0.3	4	12.8	3	-10.8	5.9
Deferred Revenue
Changes in Other Operating Activities	-74.8	-48.5	-36.9	-29.4	-33.9	-55.3
Prepaid Expenses and Other Current Assets
Prepaid Expenses, Other Current Assets and Other Assets
Deferred Commissions
Lease Right-of-Use and Other Assets
Income Tax Receivable
Lease Liabilities
Other Assets
Prepaid Expenses, Other Current Assets and Other Assets
Cash from Operating Activities	68.2	146.5	53.2	94.6	100.3	58.1
Net Cash Provided by Operating Activities

Investing Activities	Sep '25	Jun '25	Mar '25	Dec '24	Sep '24	Jun '24
Capital Expenditure	-91.8	-151.5	-79.2	-78.8	-86.6	-92.2
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	0.5	0.7	0.1	0.3	1.4	—
Proceeds from Sale of Property, Equipment, and Other Assets
Purchases of Investments	—	-142.4	-284.8	—	—	—
Purchases of Equity Securities
Proceeds from Sale of Investments	—	101.7	203.4	—	—	—
Proceeds from Sale and Settlement of Investments
Payments for Business Acquisitions	-1,597.1	-375.1	-750.1	-271.6	-135.8	-5.1
Cash Paid for Acquisitions, Net of Cash Acquired
Cash from Investing Activities	-1,688.4	-150.8	-910.6	-350.1	-85.2	-97.3
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	6	7.8	6.6	2.8	4.5	12.6
Proceeds from Equity Offering, Net of Transaction Costs
Proceeds from Exercise of Stock Options and Employee Stock Purchase Plan
Repurchases of Common Shares	-68.4	-57.6	-53.2	-0.8	-1.8	-0.9
Repurchase of Restricted Stock to Satisfy Tax Withholding Obligations
Stock Repurchase
Net Issuance / (Repurchases) of Common Shares	-62.4	-49.8	-46.6	2	2.7	11.7
Other Financing Activities	-1.3	-1.3	-0.7	-1.9	-1.3	-4.5
Payments of Debt Issuance Costs
Excess Tax Benefit from Stock-Based Compensation
Principal Repayments of Financing Lease Obligations
Other Financing Activities
Cash from Financing Activities	-63.7	-51.1	-47.3	0.1	1.5	7.2
Net Cash Provided by Financing Activities

Free Cash Flow	Sep '25	Jun '25	Mar '25	Dec '24	Sep '24	Jun '24
Free Cash Flow	-23.6	-5	-26	15.8	13.7	-34.1
NOPAT	-34.5	-7.8	-94.5	28.1	16.2	-8.6
Levered Free Cash Flow	-127.7	-40.1	-55.2	34.3	-37.8	-56.1
Unlevered Free Cash Flow	-131.3	-54.1	-134.9	2.6	-74.6	-83.9
Net Change in Cash	-1,683.9	-55.4	-904.7	-255.4	16.6	-32