CSGPCoStar Group

Real estate · Business Services · Nasdaq

CoStar Group is a leading provider of online real estate marketplaces, information, analytics, and 3D digital twin technology in the property markets. 10-K, Item 1

Headquarters: Arlington, VA
CEO: Andrew C. Florance
Next results: around Feb 23, 2027

Compare with peers → Embed

RevenueFY2016–25 $3.2B+18.7% Highest in 10 years 10-K FY2025 · XBRL Net incomeFY2016–25 $7.0M−95.0% FY2024: $139.0M 10-K FY2025 · XBRL Free cash flowFY2016–25 $123.0M FY2024: −$186.0M 10-K FY2025 · XBRL Operating marginFY2016–25 -2.2%−2.4 pts 17.3% in FY2016 10-K FY2025 · XBRL

What changed

10-K filed Feb 26, 2026 against Feb 20, 2025

Area	What changed	Source
Risk factors	22 new paragraphs, nothing like them in the previous 10-K	10-K Item 1A
Critical audit matters changed	New this year: Valuation of Certain Identified Intangible Assets Related to the Acquisitions of Matterport, LLC and Domain Holdings Australia Pty Limited (“As discussed in Note 4 of the consolidated financial statements, during the year ended December 31, 2025, the Company completed the acquisitions of Matterport, LLC (“Matterport”) and Domain Holdings Australia Pty Limited (“Domain”) for an aggregate purchase price of approximately $3.9 billion. These”); F-3 (“To test the estimated fair value of the acquired intangible assets, we performed audit procedures that included, among others, evaluating the Company’s valuation methodologies used, evaluating the significant assumptions discussed above, and testing the completeness and accuracy of the underlying da”). Same as last year: Highly Automated Revenue Systems related to Subscription Revenue; F-2	10-K · XBRL
Accounting checks	9 other checks clear, 1 worth a look	10-K · XBRL
Insiders	No open-market buys in the last 90 days	Form 4
Filings	2 in the last 30 days	EDGAR

Each row opens the detail with the quote and the filing. A row is a change worth reading, not a verdict.

What's new, in their words

10-K filed Feb 26, 2026

Paragraphs in Risk Factors that were not in the 10-K filed 2025-02-20. Quoted as filed.

With respect to our products or services that incorporate AI Technologies, the market for such products and services is rapidly evolving and unproven in many industries, including our own, and important assumptions about the characteristics of targeted markets, pricing, sales cycles, cost, performance, and perceived value associated…
10-K, Item 1A

All 22 new paragraphs →

Accounting checks

latest 10-K

9 of 10 clear 1 worth a look. Checks, not verdicts.

!
Critical audit matters changedNew this year: Valuation of Certain Identified Intangible Assets Related to the Acquisitions of Matterport, LLC and Domain Holdings Australia Pty Limited (“As discussed in Note 4 of the consolidated financial statements, during the year ended December 31, 2025, the Company completed the acquisitions of Matterport, LLC (“Matterport”) and Domain Holdings Australia Pty Limited (“Domain”) for an aggregate purchase price of approximately $3.9 billion. These”); F-3 (“To test the estimated fair value of the acquired intangible assets, we performed audit procedures that included, among others, evaluating the Company’s valuation methodologies used, evaluating the significant assumptions discussed above, and testing the completeness and accuracy of the underlying da”). Same as last year: Highly Automated Revenue Systems related to Subscription Revenue; F-2
✓
Receivables +24.5% vs revenue +18.7% (+5.8 pts)
✓
Cash from operations $430.0M vs net income $7.0M (FY ending 2025-12-31)
✓
Same auditor in both 10-Ks: Ernst & Young LLP
✓
No statement of substantial doubt about going concern
✓
No 8-K item 4.02 in the last 2 years
✓
No NT 10-K or NT 10-Q in the last 2 years
✓
No sentence in the 10-K concludes that controls were not effective because of a material weakness
✓
No 8-K item 2.06 in the last 2 years
✓
No 8-K item 1.03 in the last 2 years

How each check works, with sources →

In the last 30 days

All filings →

Oct 28, 202610-Q Quarterly report (10-Q) period ended Sep 30, 2026
Oct 27, 20268-K Material agreement signed, Quarterly results, Regulation FD disclosure 8-K items 1.01, 2.02, 7.01

Get an email when this changes: new risk paragraphs, accounting items, insider purchases, a new 10-K or 10-Q. RSS feed

Work on CSGP in a spreadsheet: Excel workbook (a sheet per section, ten years by column, charts, links to the filings) · CSV. For a Google Sheet that stays up to date, paste =IMPORTDATA("https://tickdelta.com/company/CSGP/export.csv") into a cell.