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Nasdaq · Industrials

COSTAR GROUP, INC. (CSGP)

As-reported financials and SEC filings for COSTAR GROUP, INC. The latest annual period is FY2025. The latest reported quarter is Q2 FY2026. Financial statements come straight from the company’s EDGAR filings; valuation figures such as P/E and market cap use market data.

About COSTAR GROUP, INC.

CoStar Group, Inc. provides online real estate marketplaces, information, analytics, and 3D digital twin technology primarily for commercial and residential property markets. The company operates platforms like CoStar and LoopNet, offering comprehensive databases and tools for property listings, lease and sales data, tenant and owner information, market trends, and risk management. Its services cater to real estate professionals, property owners, landlords, brokers, and lenders across the U.S., Australia, Europe, Canada, and Asia-Pacific.

Snapshot

Revenue
$3.25B
Revenue growth (YoY)
18.7%
Net income
$7.0M
Diluted EPS
$0.02
Gross margin
78.9%
Operating margin
-2.2%
Net margin
0.2%
FCF margin
3.8%
ROE
0.1%
net income / fiscal-year-end equity
P/E
178.6×
trailing when available, otherwise FY EPS
Market cap
$13.02B
Long-term debt / equity
0.12×
non-current term debt only

Fundamentals are from SEC filings for FY2025, the latest annual period (ended December 31, 2025). P/E and market cap are derived from stored market prices, last retrieved on a rolling basis and typically within the past week.

What changed at Costar Group

  • Revenue grew 18.7% to $3.2B in FY2025, faster than the 11.4% the year before.
  • Operating margin is now a 2.2% loss in FY2025, from 22.2% in FY2021.
  • Most recent quarter Q2 FY2026: revenue $925M, up 18.4% from Q2 FY2025.
  • Free cash flow was $123M in FY2025, 3.8% of revenue.
  • Net income fell 95.0% to $7M in FY2025.

Computed from the as-reported figures in the statements below. A change we cannot state from filed figures is left out rather than estimated.

Peer comparison

Where Costar Group’s fundamentals sit among the 684 Industrials companies. Each figure is ranked only against peers that report it, from lowest (left) to highest (right).

Gross margin78.9%
98th percentile of 466
Operating margin-2.2%
25th percentile of 605
Net margin0.2%
33rd percentile of 645
FCF margin3.8%
45th percentile of 562
Revenue growth (YoY)+18.7%
81st percentile of 668
ROE0.1%
32nd percentile of 600
P/E178.6×
97th percentile of 434
Long-term debt / equity0.12×
19th percentile of 409
Short interest2.79d
39th percentile of 676

Costar Group’s gross margin of 78.9% ranks in the 98th percentile of the 466 Industrials companies reporting it. Costar Group’s P/E of 178.6 ranks in the 97th percentile of the 434 peers with a meaningful P/E.

1 reported insider purchase (code P) totaling $2.5M in the last 90 days, against 2 sales totaling $253,110. For context, about 15% of companies in the universe saw any reported insider purchase (code P) in the same window. Browse insider activity →

Percentiles describe where a figure sits among sector peers reporting it (100th = highest). They are position within a peer group, not a rating, and not investment advice. Short interest ranking uses days to cover from FINRA Consolidated Short Interest data; FINRA is the owner and source of that data, included at no additional charge.

Institutional ownership

Held by 3 of the superinvestors we track (plus 6 quant / multi-strat books), based on each investor’s most recent 13F; periods vary by investor (newest: Q2 2026).

Conviction investors
3
+6 quant / multi-strat
Initiated / added
6
1 new, 5 added
Reduced / exited
5
3 trimmed, 2 exited
Combined position
$943.3M
reported long value
InvestorAs ofPosition valueSharesChange
Akre Capital ManagementQ2 2026$331.3M11.7MAdded
Polen Capital ManagementQ2 2026$248.1M8.8MReduced
AQR Capital ManagementquantQ2 2026$239.2M8.4MAdded
Two Sigma InvestmentsquantQ2 2026$31.3M1.1MAdded
D. E. ShawquantQ2 2026$29.5M1.0MReduced
Millennium ManagementquantQ2 2026$21.2M747.0KAdded
Citadel AdvisorsquantQ2 2026$21.0M741.9KReduced
Gotham Asset ManagementQ2 2026$18.0M636.0KAdded
Point72 Asset ManagementquantQ2 2026$3.7M130.6KNew

No longer held by: Corvex Management (as of Q2 2026), Tiger Global Management (as of Q2 2026)

From quarterly Form 13F filings, which can be up to 45 days delayed. Long US-listed positions only: excludes short positions, options, cash, bonds, and non-US holdings, so this is not a manager’s complete portfolio. Counts are of the investors we track, not all institutions. Not investment advice.

Recent insider activity

Non-derivative buys and sells (codes P/S) reported by officers, directors and 10% owners on SEC Form 4.

Buys (90d)
1
1 insider
Bought (90d)
$2.5M
code P value
Sells (90d)
2
$253K
Reported activity
Net buying
by $ value, 90d
Trade dateInsiderTypeSharesPriceValue
2026-08-07
filed 2026-08-10
Cann Cynthia CammettChief Accounting OfficerSell4.8K$30.78$147K
2026-08-05
filed 2026-08-10
Hill John WDirectorSell3.5K$30.21$106K
2026-08-04
filed 2026-08-05
FLORANCE ANDREW CFounder and CEOBuy83.3K$29.89$2.5M
2026-05-01
filed 2026-05-04
FLORANCE ANDREW CPresident and CEOBuy68.3K$35.17$2.4M
2026-05-01
filed 2026-05-04
FLORANCE ANDREW CPresident and CEOBuy3.1K$35.82$111K

Reported non-derivative purchases and sales (codes P/S) — which may be open-market or private; excludes option exercises, grants, and shares withheld for taxes. Dates shown are the trade date; a Form 4 can be filed days to years later. A sale can be routine (e.g. a pre-set 10b5-1 plan), so read individual transactions in context. From SEC Form 4. Not investment advice.

Short interest

Total shares sold short as of each twice-monthly FINRA settlement. Rising short interest means more investors are positioned against the stock; days to cover estimates how many trading days of average volume that position represents.

Shares short
16.7M
settled 2026-08-14
Change vs prior
+2.3%
vs previous settlement
Days to cover
2.79
at avg daily volume
Avg daily volume
6.0M
FINRA reported
SettlementShares shortChangeDays to cover
2026-08-1416.7M+2.3%2.79
2026-07-3116.3M-0.1%1.92
2026-07-1516.3M+6.9%2.45
2026-06-3015.3M-10.8%1.90
2026-06-1517.1M+13.3%2.39
2026-05-2915.1M-19.0%2.40
2026-05-1518.6M+6.0%1.89
2026-04-3017.6M+5.7%2.79

Source: FINRA Consolidated Short Interest. FINRA is the owner and source of the FINRA-supplied data, which is included at no additional charge for your own personal or professional use; republishing or redistributing it is not permitted. Settlement dates are shown; FINRA publishes each settlement about nine business days later, so the latest figure can be two to four weeks old. Not presented as a percentage of float. No FINRA endorsement of this product is implied. Not investment advice.

Income statement (as reported)

 FY2025FY2024FY2023FY2022FY2021
Revenue$3.25B$2.74B$2.46B$2.18B$1.94B
Gross profit$2.56B$2.18B$1.96B$1.77B$1.59B
Operating income$-72.0M$5.0M$282.0M$451.0M$432.3M
Net income$7.0M$139.0M$375.0M$369.5M$292.6M
Diluted EPS$0.02$0.34$0.92$0.93$0.74

Figures as reported to the SEC. Underlined values link to the filing they came from; dotted values are calculated by us from reported figures; “adj” means restated for a stock split (hover to see the figure as filed). Full details: where the numbers come from.

Balance sheet (as reported)

Figures as reported to the SEC. Underlined values link to the filing they came from; dotted values are calculated by us from reported figures; “adj” means restated for a stock split (hover to see the figure as filed). Full details: where the numbers come from.

Cash flow (as reported)

 FY2025FY2024FY2023FY2022FY2021
Operating cash flow$430.0M$393.0M$490.0M$478.7M$469.7M
Capital expenditure$307.0M$579.0M$118.0M$35.2M$123.7M
Free cash flow$123.0M$-186.0M$372.0M$443.5M$346.0M

Figures as reported to the SEC. Underlined values link to the filing they came from; dotted values are calculated by us from reported figures; “adj” means restated for a stock split (hover to see the figure as filed). Full details: where the numbers come from.

Quarterly trend (as reported)

QuarterRevenueRevenue YoYNet incomeDiluted EPS
Q2 FY2026$925.0M18.4%$55.0M$0.14
Q1 FY2026$897.0M22.5%$3.0M$0.01
Q4 FY2025$899.9M26.9%$46.5M$0.11
Q3 FY2025$833.6M20.4%$-30.9M$-0.07
Q2 FY2025$781.0M15.2%$6.0M$0.01
Q1 FY2025$732.0M11.5%$-15.0M$-0.04
Q4 FY2024$709.2M10.8%$60.1M$0.15
Q3 FY2024$692.6M10.9%$53.0M$0.13

Latest 8 reported quarters, from company XBRL filings on SEC EDGAR.

Company facts

ExchangeNasdaq
SectorIndustrials
SIC industryServices-Business Services, NEC
Latest annual periodFY2025 (ended December 31, 2025)
Latest reported quarterQ2 FY2026 (ended June 30, 2026)
Oldest indexed filing2011
SEC CIK1057352

Selected SEC filings

10-Q2026-07-29
View on EDGAR →
10-Q2026-04-29
View on EDGAR →
8-K2026-08-21
View on EDGAR →
8-K2026-07-28
View on EDGAR →
8-K2026-07-13
View on EDGAR →
8-K2026-06-25
View on EDGAR →

Largest Industrials peers

All Industrials companies →

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Data sourced from SEC EDGAR. Figures are as-reported and may be unaudited or restated; verify against the source filing before relying on them. Informational only. Not investment advice.