CoStar Group income statement

In fiscal 2025, CoStar Group reported revenue of $3.25bn, up 18.7% on the year before, operating income of −$72.0m (a -2.2% margin) and net income of $7.0m, or $0.02 per diluted share. Every line below comes from the company's 10-K and 10-Q filings; column headings link to the filing.

Income statement

US$ millions unless shown otherwise. Fiscal years, plus the last twelve months (LTM) when newer.

CoStar Group: income statement, annual
Fiscal year	2009Dec 2009	2010Dec 2010	2011Dec 2011	2012Dec 2012	2013Dec 2013	2014Dec 2014	2015Dec 2015	2016Dec 2016	2017Dec 2017	2018Dec 2018	2019Dec 2019	2020Dec 2020	2021Dec 2021	2022Dec 2022	2023Dec 2023	2024Dec 2024	2025Dec 2025	LTMSept 2026
Revenue	210	226	252	350	441	576	712	838	965	1,192	1,400	1,659	1,944	2,182	2,455	2,736	3,247	3,674
Cost of revenue	74	84	88	115	129	157	189	174	220	270	289	309	357	414	491	558	686	797
Gross profit	136	143	164	235	312	419	523	664	745	922	1,110	1,350	1,587	1,768	1,964	2,178	2,561	2,877
Research and development	14	17	20	33	47	55	66	76	89	101	126	163	201	221	268	326	406	439
Selling and marketing	43	52	61	84	99	150	302	296	318	360	409	536	622	684	990	1,364	1,560	1,560
General and administrative	44	48	58	77	97	104	116	123	146	157	179	300	257	339	382	439	549	507
Operating income	32	23	22	27	54	81	11	145	174	274	364	289	432	451	282	5	−72	212
Interest expense	—	0	0	5	7	10	9	10	9	3	3	22	32	32	31	27	19	29
Provision for credit losses	—	—	—	—	—	—	—	—	—	—	—	25	11	18	35	36	32	31
Income before tax	47	36	35	60	94	151	90	137	165	284	391	271	404	487	502	210	30	231
Income tax	14	10	8	13	18	26	6	52	42	46	76	44	111	117	127	71	23	52
Net income	19	13	15	10	30	45	−3	85	123	238	315	227	293	370	375	139	7	179
Diluted EPS	$0.09	$0.06	$0.06	$0.04	$0.10	$0.15	−$0.01	$0.26	$0.37	$0.65	$0.86	$0.59	$0.74	$0.93	$0.92	$0.34	$0.02	$0.43
Diluted shares (average)	199m	207m	235m	269m	282m	306m	320m	324m	336m	364m	366m	383m	394m	398m	407m	408m	421m	412m
EBITDA	23	33	31	38	67	151	90	215	237	351	445	406	572	589	390	152	191	558

US$ millions unless shown otherwise. Fiscal quarters.

CoStar Group: income statement, quarterly
Quarter	2024 Q4Dec 2024	2025 Q1Mar 2025	2025 Q2Jun 2025	2025 Q3Sept 2025	2025 Q4Dec 2025	2026 Q1Mar 2026	2026 Q2Jun 2026	2026 Q3Sept 2026
Revenue	709	732	781	834	900	897	925	952
Cost of revenue	140	153	168	172	193	196	197	211
Gross profit	569	579	613	662	707	701	728	741
Research and development	83	95	96	106	109	114	107	109
Selling and marketing	308	369	395	418	378	421	395	366
General and administrative	125	141	122	157	129	126	114	138
Operating income	40	−43	−27	−51	49	3	76	84
Interest expense	6	6	5	4	4	4	12	9
Provision for credit losses	10	9	8	9	6	8	9	8
Income before tax	85	−7	22	−46	61	12	74	84
Income tax	25	8	16	−15	14	9	19	10
Net income	60	−15	6	−31	47	3	55	74
Diluted EPS	$0.15	−$0.04	$0.01	−$0.07	$0.11	$0.01	$0.14	$0.18
EBITDA	80	4	39	18	130	85	161	182

EBITDA is operating income plus depreciation and amortisation. EPS and share counts are restated for stock splits. A dash means the company did not report the line for that period; expense lines are shown as reported, so they need not add up to the totals when a company reports other items between them.

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Figures from CoStar Group's SEC filings (10-K and 10-Q), retrieved October 29, 2026. How we read and check them: methodology and data sources. Not investment advice. Back to CoStar Group.