COSTAR GROUP INC
For the period ended Mar 31, 2025. Filed May 1, 2025.
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A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Mar 31, 2025 · Filed May 1, 2025
CSGP$31.24+2.3%Stored close · as of Nov 9, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Condensed Consolidated Statements of Operations
(in millions, except per share data)
| Three Months EndedMarch 31, | ||
|---|---|---|
| 2025 | 2024 | |
| Revenues | $732.2 | $656.4 |
| Cost of revenues | 153.3 | 141.2 |
| Gross profit | 578.9 | 515.2 |
| Operating expenses: | ||
| Selling and marketing (excluding customer base amortization) | 368.9 | 366.1 |
| Software development | 94.5 | 82.4 |
| General and administrative | 141.1 | 98.5 |
| Customer base amortization | 17.2 | 11.0 |
| 621.7 | 558.0 | |
| Loss from operations | (42.8) | (42.8) |
| Interest income, net | 38.5 | 56.2 |
| Other expense, net | (2.4) | (1.9) |
| (Loss) income before income taxes | (6.7) | 11.5 |
| Income tax expense | 8.1 | 4.8 |
| Net (loss) income | $(14.8) | $6.7 |
| Net (loss) income per share - basic | $(0.04) | $0.02 |
| Net (loss) income per share - diluted | $(0.04) | $0.02 |
| Weighted-average outstanding shares - basic | 410.5 | 405.6 |
| Weighted-average outstanding shares - diluted | 410.5 | 407.3 |
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