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CoStar Group CSGP Deferred commissions

Deferred commissions at other companies

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$509M+39.5%
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$153.07M-4.2%
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$184.68M-14.4%
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$67.36M+1.3%
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$88.77M
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$11.56M+79.6%

Other financials

Income statement

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Revenue$897.0M+22.5%
Gross profit$701.0M+21.1%
Operating income$3.0M+107%
Net income$3.0M+120%
EPS (diluted)$0.01+125%

Balance sheet

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Cash & equivalents$1.3B-65.2%
Total debt$1.1B+1.9%
Total equity$7.9B-7.5%
Total assets$10.2B-2.5%

Cash flow

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Operating cash flow$152.0M+187%
CapEx$45.0M-16.7%
Free cash flow$107.0M+10,800%

Valuation

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Market cap$12.3B-49.3%
Enterprise value$12.13B-45.5%
P/E496×+289×
P/S3.6×-5.0×

Profitability

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Gross margin78.6%-1.1pp
Operating margin-2.7%-3.9pp
Net margin0.7%-3.4pp
FCF margin6.9%

Returns & leverage

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Return on equity0.3%-1.2pp
Debt / equity0.1×0.0×
Current ratio2.2×-3.8×

Where this comes from

Reported directly by CoStar Group in its filing.

Tagged under the XBRL concept csgp:IncreaseDecreaseDeferredCommissions.

The official record: CoStar Group’s 10-Q, filed April 29, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is CoStar Group's deferred commissions?
CoStar Group (CSGP) reported deferred commissions of -$34M in Q1 2026.
How has CoStar Group's deferred commissions changed year-over-year?
CoStar Group's deferred commissions decreased by 0.0% year-over-year, from -$34M to -$34M.
What is the long-term trend for CoStar Group's deferred commissions?
Over 4 years (2021 to 2025), CoStar Group's deferred commissions has grown at a 20.5% compound annual growth rate (CAGR), from -$72M to -$152M.
What does deferred commissions mean?
The net change in capitalized sales commissions that are being spread out over time.
How do you interpret deferred commissions?
An increase represents higher cash outflows for commissions, while a decrease indicates the amortization of previously deferred costs.
How does deferred commissions compare across companies?
Common in SaaS and subscription-based businesses with long-term customer contracts.