CoStar Group Inc.
Income Statement
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $3.25B | $2.74B | $2.46B | $2.18B | $1.94B | $1.66B | $1.40B | $1.19B |
| Cost of Revenue | $686.0M | $558.0M | $491.0M | $414.0M | $357.2M | $309.0M | $289.2M | $269.9M |
| Gross Profit | $2.56B | $2.18B | $1.96B | $1.77B | $1.59B | $1.35B | $1.11B | $921.9M |
| Gross Margin | 78.9% | 79.6% | 80.0% | 81.0% | 81.6% | 81.4% | 79.3% | 77.4% |
| Operating Expenses | ||||||||
| Research & Development | — | — | — | — | — | — | — | — |
| SG&A Expense | $549.0M | $439.0M | $382.0M | $338.7M | $256.8M | $299.7M | $178.7M | $156.7M |
| Operating Income | $-72.0M | $5.0M | $282.0M | $451.0M | $432.3M | $289.2M | $363.5M | $273.6M |
| Operating Margin | -2.2% | 0.2% | 11.5% | 20.7% | 22.2% | 17.4% | 26.0% | 23.0% |
| Interest Expense | $28.0M | $28.0M | $28.0M | $28.0M | $32.3M | $21.8M | $2.6M | $2.8M |
| Pretax Income | $30.0M | $210.0M | $502.0M | $486.5M | $404.0M | $271.0M | $390.9M | $284.0M |
| Income Tax Expense | $23.0M | $71.0M | $127.0M | $117.0M | $111.4M | $43.9M | $76.0M | $45.7M |
| Net Income | $7.0M | $139.0M | $375.0M | $369.5M | $292.6M | $227.1M | $315.0M | $238.3M |
| Net Margin | 0.2% | 5.1% | 15.3% | 16.9% | 15.1% | 13.7% | 22.5% | 20.0% |
| EPS (Basic) | $0.02 | $0.34 | $0.92 | $0.93 | $0.75 | $0.60 | $0.87 | $0.66 |
| EPS (Diluted) | $0.02 | $0.34 | $0.92 | $0.93 | $0.74 | $0.59 | $0.86 | $0.65 |
| Shares Outstanding (Basic) | 416.8M | 406.3M | 405.3M | 396.3M | 392.2M | 380.7M | 363.1M | 360.6M |
| Shares Outstanding (Diluted) | 420.7M | 407.8M | 406.9M | 397.8M | 394.2M | 383.3M | 366.3M | 364.5M |
| Dividends Per Share | — | — | — | — | — | — | — | — |