CSGP Q2 2024 Earnings — CoStar Group, Inc. Revenue & Financial Results | Market Cap Arena

CSGPCoStar Group, Inc.

$20B

Q2 2024 Earnings

Real Estate Real Estate - Services

Income Statement

Revenue

$678M+11.9% YoY

Gross Profit

$542M80.0% margin

Operating Income

-$16M-2.4% margin

Net Income

$19M2.8% margin

EPS (Diluted)

$0.05

QoQ Revenue Growth

+3.3%

Cash Flow

Operating Cash Flow

$58M

Free Cash Flow

-$34M

Stock-Based Comp.

$23M

Balance Sheet

Total Assets

$9.1B

Total Liabilities

$1.7B

Stockholders' Equity

$7.4B

Cash & Equivalents

$4.9B

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$678M	$606M	+11.9%
Gross Profit	$542M	$494M	+9.8%
Operating Income	-$16M	$79M	-120.4%
Net Income	$19M	$101M	-80.9%

Revenue Segments

CoStar Suite

$253M61%

LoopNet

$70M17%

Information services

$33M8%

Online Marketplaces

$31M8%

Residential

$26M6%