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CoStar Group logoCoStar Group CSGP

The company said full-year 2024 revenue was $2.74 billion, up 11% from 2023's $2.46 billion, and net income was $139 million, compared with $375 million in 2023.

8-KResults of Operations and Financial ConditionFiled Period of report Summary published (UTC)

Key points

AI summary
  1. The company said full-year 2024 revenue was $2.74 billion, up 11% from 2023's $2.46 billion, and net income was $139 million, compared with $375 million in 2023.

  2. CoStar Group reported net income of $59.8 million, EBITDA of $72.9 million and Adjusted EBITDA of $111.9 million for Q4 2024. It said full-year Adjusted EBITDA was $240.8 million, compared with $491.7 million in 2023.

  3. The company said it expects full-year 2025 revenue of $2.985 billion to $3.015 billion and full-year adjusted EBITDA of $375 million to $405 million. It also said it expects revenue for Q1 of $711 million to $716 million and adjusted EBITDA of $25 million to $35 million.

  4. The company said its board approved a repurchase of up to $500 million of common stock in February 2025. It said the program does not obligate the company to repurchase shares, has no time limit and can be discontinued at any time at the company's discretion.

Summary

AI-written

Analysis scope · Filing body and confirmed press-release exhibitWe analyzed the filing body and confirmed exhibits. This is not a review of other exhibits, investor presentations or the full earnings call.

Full-year revenue $2.74 billion, net income $139 million

The company said full-year 2024 revenue was $2.74 billion, up 11% from 2023's $2.46 billion, and net income was $139 million, compared with $375 million in 2023.

Source · Based on the filing body and exhibits

Q4 net income, EBITDA and Adjusted EBITDA

CoStar Group reported net income of $59.8 million, EBITDA of $72.9 million and Adjusted EBITDA of $111.9 million for Q4 2024. It said full-year Adjusted EBITDA was $240.8 million, compared with $491.7 million in 2023.

Source · Based on the filing body and exhibits

2025 revenue and Adjusted EBITDA outlook

The company said it expects full-year 2025 revenue of $2.985 billion to $3.015 billion and full-year adjusted EBITDA of $375 million to $405 million. It also said it expects revenue for Q1 of $711 million to $716 million and adjusted EBITDA of $25 million to $35 million.

Source · Based on the filing body and exhibits

Board approves $500 million stock repurchase program

The company said its board approved a repurchase of up to $500 million of common stock in February 2025. It said the program does not obligate the company to repurchase shares, has no time limit and can be discontinued at any time at the company's discretion.

Source · Based on the filing body and exhibits

AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.

Original filing

The filing as submitted to SEC EDGAR. You can check the figures and statements of this summary against it.

Source: SEC EDGAR (U.S. Securities and Exchange Commission). Item captions are the SEC's. The summary is for reference only and is not investment advice.