CoStar Group, Inc.
Cash Flow Statement
| Line Item | Sep 2026 | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Net Income | $74.0M | $55.0M | $3.0M | $47.0M | $-31.0M | $6.0M | $-15.0M | $60.1M |
| Depreciation & Amortization | $98.0M | $85.0M | $82.0M | $81.0M | $69.0M | $66.0M | $47.0M | $39.4M |
| Depreciation | — | — | — | — | — | — | — | — |
| Amortization | $44.0M | $36.0M | $37.0M | $42.0M | $32.0M | $27.0M | $17.0M | $12.5M |
| Stock-Based Compensation | $32.0M | $38.0M | $42.0M | $41.0M | $71.0M | $52.0M | $30.0M | $21.7M |
| Net Cash from Operating Activities | $188.0M | $115.0M | $152.0M | $162.0M | $68.0M | $147.0M | $53.0M | $95.0M |
| Investing Activities | ||||||||
| Capital Expenditures | $51.0M | $38.0M | $45.0M | $61.0M | $73.0M | $119.0M | $54.0M | $69.4M |
| Business Acquisitions | $789.0M | $0 | $0 | $0 | $1.60B | $0 | $750.0M | $271.9M |
| Net Cash from Investing Activities | $-871.0M | $-56.0M | $-54.0M | $-66.0M | $-1.69B | $-150.0M | $-911.0M | $-350.2M |
| Financing Activities | ||||||||
| Dividends Paid | — | — | — | — | — | — | — | — |
| Stock Repurchases | $81.0M | $82.0M | $505.0M | $385.0M | $51.0M | $45.0M | $19.0M | $0 |
| Net Cash from Financing Activities | $-84.0M | $-108.0M | $-514.0M | $-397.0M | $-63.0M | $-52.0M | $-47.0M | $-200.0K |
| Net Change in Cash | $-766.0M | $-50.0M | $-417.0M | $-302.0M | $-1.69B | $-51.0M | $-903.0M | $-256.7M |
| Free Cash Flow | $137.0M | $77.0M | $107.0M | $101.0M | $-5.0M | $28.0M | $-1.0M | $25.6M |