CSGP Q2 2023 Earnings — CoStar Group, Inc. Revenue & Financial Results | Market Cap Arena

CSGPCoStar Group, Inc.

$20B

Q2 2023 Earnings

Real Estate Real Estate - Services

Income Statement

Revenue

$606M+13.0% YoY

Gross Profit

$494M81.4% margin

Operating Income

$79M13.1% margin

Net Income

$101M16.6% margin

EPS (Diluted)

$0.25

QoQ Revenue Growth

+3.7%

Cash Flow

Operating Cash Flow

$175M

Free Cash Flow

$170M

Stock-Based Comp.

$22M

Balance Sheet

Total Assets

$8.7B

Total Liabilities

$1.6B

Stockholders' Equity

$7.1B

Cash & Equivalents

$5.2B

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$606M	$536M	+13.0%
Gross Profit	$494M	$435M	+13.4%
Operating Income	$79M	$110M	-28.2%
Net Income	$101M	$83M	+20.4%

Revenue Segments

CoStar Suite

$229M38%

Multifamily Online Marketplace

$224M37%

LoopNet

$66M11%

Information services

$42M7%

Online Marketplaces

$32M5%

Residential

$13M2%

Geographic Segments

North America

$584M96%

Non-US

$22M4%