CoStar Group said revenues for the 3 months ended September 30, 2025 increased $141 million, or 20%, to $834 million. The company said Other revenues increased $46 million, or 142%, primarily due to the Matterport Acquisition.

10-QQuarterly reportFiled Oct 29, 2025Period of report Sep 30, 2025Summary published (UTC) Oct 10, 2026

Key points

AI summary

CoStar Group said revenues for the 3 months ended September 30, 2025 increased $141 million, or 20%, to $834 million. The company said Other revenues increased $46 million, or 142%, primarily due to the Matterport Acquisition.
CoStar Group said gross profit for Q3 increased $109 million, or 20%, to $661 million, and the gross profit margin decreased from 80% to 79%. The company said selling and marketing expenses increased to $418 million, an increase of $87 million.
The company said other expense, net for Q3 increased to $21 million, an increase of $19 million, and included a realized loss of $23 million on deal-contingent forward contracts entered into in conjunction with the Domain Transaction. Income tax expense changed from $25 million in the prior-year quarter to a $15 million tax benefit.
CoStar Group said cash, cash equivalents, and restricted cash as of September 30, 2025 were $2.0 billion, a decrease from $4.7 billion as of December 31, 2024. The company said it used net cash of $2.7 billion for investing activities during the 9 months and repurchased 1.4 million shares for $115 million.

Key figures

Quarter ended September 30, 2025

Revenue: $834M
Operating income: −$51M
Net income: −$31M
EPS: −$0.07
Gross profit: $661M

From the XBRL financial data filed with the SEC · not processed by AI.

Summary

AI-written

Analysis scope · Management's discussion (MD&A)We analyzed excerpts of the Management's Discussion and Analysis (MD&A) section (with omissions). Other sections of the report, such as the notes to the financial statements and risk factors, were not reviewed.

Q3 2025 Revenue Growth

CoStar Group said revenues for the 3 months ended September 30, 2025 increased $141 million, or 20%, to $834 million. The company said Other revenues increased $46 million, or 142%, primarily due to the Matterport Acquisition.

Source · Based on the MD&A text of the filing

Q3 Expense Growth and Gross Profit Margin

CoStar Group said gross profit for Q3 increased $109 million, or 20%, to $661 million, and the gross profit margin decreased from 80% to 79%. The company said selling and marketing expenses increased to $418 million, an increase of $87 million.

Source · Based on the MD&A text of the filing

Q3 Other Expense and Income Tax Changes

The company said other expense, net for Q3 increased to $21 million, an increase of $19 million, and included a realized loss of $23 million on deal-contingent forward contracts entered into in conjunction with the Domain Transaction. Income tax expense changed from $25 million in the prior-year quarter to a $15 million tax benefit.

Source · Based on the MD&A text of the filing

9-Month Cash Decrease and Share Repurchases

CoStar Group said cash, cash equivalents, and restricted cash as of September 30, 2025 were $2.0 billion, a decrease from $4.7 billion as of December 31, 2024. The company said it used net cash of $2.7 billion for investing activities during the 9 months and repurchased 1.4 million shares for $115 million.

Source · Based on the MD&A text of the filing

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.

View the original filing on SEC EDGAR ↗

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