CSGP Q1 2023 Earnings — CoStar Group, Inc. Revenue & Financial Results | Market Cap Arena

CSGPCoStar Group, Inc.

$20B

Q1 2023 Earnings

Real Estate Real Estate - Services

Income Statement

Revenue

$584M+13.3% YoY

Gross Profit

$465M79.6% margin

Operating Income

$72M12.4% margin

Net Income

$87M14.9% margin

EPS (Diluted)

$0.21

QoQ Revenue Growth

+1.9%

Cash Flow

Operating Cash Flow

$123M

Free Cash Flow

$104M

Stock-Based Comp.

$20M

Balance Sheet

Total Assets

$8.5B

Total Liabilities

$1.6B

Stockholders' Equity

$7.0B

Cash & Equivalents

$5.1B

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$584M	$516M	+13.3%
Gross Profit	$465M	$420M	+10.7%
Operating Income	$72M	$128M	-43.7%
Net Income	$87M	$89M	-2.5%

Revenue Segments

CoStar Suite

$225M39%

Multifamily Online Marketplace

$211M36%

LoopNet

$63M11%

Information services

$42M7%

Online Marketplaces

$31M5%

Residential

$13M2%

Geographic Segments

North America

$564M96%

Non-US

$21M4%