Below are the financial statements of CoStar Group, including the income statement and balance sheet for the company's latest fiscal year. All figures are accurate, verifiable, and fully traceable to the original annual filing where disclosed.
| All figures in millions of USD | 2024 | 2023 | 2022 |
|---|---|---|---|
| Revenues | 2,736.2a | 2,455a | 2,182.4a |
| Cost of revenues | -558.5a | -491.5a | -414a |
| Gross profit | 2,177.7a | 1,963.5a | 1,768.4a |
| Operating expenses | — | — | — |
| Selling and marketing (excluding customer base amortization) | -1,364.3a | -989.9a | -684.2a |
| Software development | -325.3a | -267.6a | -220.9a |
| General and administrative | -439.1a | -381.5a | -338.7a |
| Customer base amortization | -44.3a | -42.2a | -73.6a |
| Income from operations | 4.7a | 282.3a | 451a |
| Interest income, net | 212.5a | 213.6a | 32.1a |
| Other (expense) income, net | -7.1a | 5.4a | 3.4a |
| Income before income taxes | 210.1a | 501.3a | 486.5a |
| Income tax expense | -71.4a | -126.6a | -117a |
| Net income | 138.7a | 374.7a | 369.5a |
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