CSGP Q1 2024 Earnings — CoStar Group, Inc. Revenue & Financial Results | Market Cap Arena

CSGPCoStar Group, Inc.

$20B

Q1 2024 Earnings

Real Estate Real Estate - Services

Income Statement

Revenue

$656M+12.3% YoY

Gross Profit

$515M78.5% margin

Operating Income

-$43M-6.5% margin

Net Income

$7M1.0% margin

EPS (Diluted)

$0.02

QoQ Revenue Growth

+2.5%

Cash Flow

Operating Cash Flow

$140M

Free Cash Flow

-$241M

Stock-Based Comp.

$23M

Balance Sheet

Total Assets

$9.0B

Total Liabilities

$1.7B

Stockholders' Equity

$7.3B

Cash & Equivalents

$5.0B

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$656M	$584M	+12.3%
Gross Profit	$515M	$465M	+10.7%
Operating Income	-$43M	$72M	-159.3%
Net Income	$7M	$87M	-92.3%

Revenue Segments

Multifamily Online Marketplace

$255M39%

CoStar Suite

$250M38%

LoopNet

$69M11%

Information services

$33M5%

Online Marketplaces

$31M5%

Residential

$19M3%

Geographic Segments

North America

$623M95%

Non-US

$33M5%