CSGP Q3 2023 Earnings — CoStar Group, Inc. Revenue & Financial Results | Market Cap Arena

CSGPCoStar Group, Inc.

$20B

Q3 2023 Earnings

Real Estate Real Estate - Services

Income Statement

Revenue

$625M+12.2% YoY

Gross Profit

$501M80.2% margin

Operating Income

$62M9.9% margin

Net Income

$91M14.5% margin

EPS (Diluted)

$0.22

QoQ Revenue Growth

+3.1%

Cash Flow

Operating Cash Flow

$43M

Free Cash Flow

$37M

Stock-Based Comp.

$22M

Balance Sheet

Total Assets

$8.8B

Total Liabilities

$1.6B

Stockholders' Equity

$7.2B

Cash & Equivalents

$5.2B

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$625M	$557M	+12.2%
Gross Profit	$501M	$449M	+11.7%
Operating Income	$62M	$85M	-27.8%
Net Income	$91M	$72M	+25.3%

Revenue Segments

Multifamily Online Marketplace

$235M38%

CoStar Suite

$233M37%

LoopNet

$67M11%

Information services

$45M7%

Online Marketplaces

$34M5%

Residential

$10M2%

Geographic Segments

North America

$603M96%

Non-US

$22M4%