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CoStar Group CSGP Commercial Real Estate — G&A

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Other financials

Income statement

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Revenue$925.0M+18.4%
Gross profit$728.0M+18.7%
Operating income$76.0M+379%
Net income$55.0M+787%
EPS (diluted)$0.14+1,300%

Balance sheet

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Cash & equivalents$1.3B-66.0%
Total debt$1.2B+3.8%
Total equity$7.9B-7.8%
Total assets$10.1B-3.5%

Cash flow

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Operating cash flow$115.0M-21.5%
CapEx$38.0M-68.0%
Free cash flow$77.0M+178%

Valuation

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Market cap$12.24B-70.0%
Enterprise value$12.14B-68.2%
P/E166.3×-225×
P/S3.4×-10.5×

Profitability

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Gross margin78.7%-0.6pp
Operating margin-2.7%-3.9pp
Net margin2.1%-1.5pp
FCF margin8%

Returns & leverage

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Return on equity0.9%-0.4pp
Debt / equity0.1×0.0×
Current ratio2.2×-3.6×

Where this comes from

Reported directly by CoStar Group in its filing.

Tagged under the XBRL concept csgp:GeneralAndAdministrativeExpenseExcludingPersonnelCosts.

The source filing: CoStar Group’s 10-K, filed February 26, 2026.

Filed
Feb 25, 2026, 7:00 PM EST
Fiscal year
FY2025
Accession
0001057352-26-000020
Year Ended December 31, 2025Commercial Real EstateResidential Real EstateTotal
Less:
Personnel8616961,557
Marketing77771848
General and administrative (2)369303672
EBITDA480(310)170
Stock-based compensation expense15143194
Acquisition and integration related costs362763
Restructuring and related costs426

Item 16. Form 10-K Summary

FAQ

What is CoStar Group's commercial real estate — G&A?
CoStar Group (CSGP) reported commercial real estate — G&A of $92.25M in Q4 2025.
How has CoStar Group's commercial real estate — G&A changed year-over-year?
CoStar Group's commercial real estate — G&A increased by 19.0% year-over-year, from $77.5M to $92.25M.
What is the long-term trend for CoStar Group's commercial real estate — G&A?
Over 2 years (2023 to 2025), CoStar Group's commercial real estate — G&A has grown at a 17.8% compound annual growth rate (CAGR), from $266M to $369M.
What does commercial real estate — G&A mean?
Includes overhead expenses such as corporate management, legal, human resources, and other support functions required to operate the commercial real estate segment. This metric measures the efficiency of the segment's administrative infrastructure relative to its revenue growth.

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