COSTAR GROUP, INC.
For the period ended Sep 30, 2026. Filed Oct 28, 2026.
View on SEC.govAbout this filing
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.
Sep 30, 2026 · Filed Oct 28, 2026
CSGP$30.33-2.9%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Condensed Consolidated Statements of Cash Flows
| Nine Months EndedSeptember 30, | ||
|---|---|---|
| 2026 | 2025 | |
| Operating activities: | ||
| Net income (loss) | $132 | $(40) |
| Adjustments to reconcile net income (loss) to net cash provided by operating activities: | ||
| Depreciation and amortization | 265 | 182 |
| Amortization of deferred commissions costs | 93 | 110 |
| Non-cash lease expense | 23 | 22 |
| Stock-based compensation expense | 112 | 153 |
| Deferred income taxes, net | 40 | 6 |
| Credit loss expense | 25 | 26 |
| Other operating activities, net | 12 | (6) |
| Changes in operating assets and liabilities, net of acquisitions: | ||
| Accounts receivable | (53) | (32) |
| Prepaid expenses, other current assets and other assets | (12) | (19) |
| Deferred commissions | (97) | (117) |
| Accounts payable and other liabilities | (6) | 11 |
| Litigation accrual | (99) | — |
| Lease liabilities | (4) | (24) |
| Income taxes payable, net | (6) | (21) |
| Deferred revenue | 30 | 17 |
| Net cash provided by operating activities | 455 | 268 |
| Investing activities: | ||
| Cash paid for acquisitions, net of cash acquired | (789) | (2,347) |
| Purchases of property, equipment, and other assets for new campuses | (134) | (246) |
| Purchase of equity securities | — | (285) |
| Purchases of property, equipment, and other assets | (60) | (77) |
| Proceeds from sale and settlement of investments and other assets | 2 | 205 |
| Net cash used in investing activities | (981) | (2,750) |
| Financing activities: | ||
| Repurchases of stock | (668) | (115) |
| Repurchase of restricted stock to satisfy tax withholding obligations | (24) | (64) |
| Proceeds from exercise of stock options and employee stock purchase plan | 18 | 20 |
| Purchase of noncontrolling interest | (26) | — |
| Other financing activities, net | (6) | (3) |
| Net cash used in financing activities | (706) | (162) |
| Effect of foreign currency exchange rates on cash, cash equivalents, and restricted cash | (1) | (2) |
| Net decrease in cash, cash equivalents, and restricted cash | (1,233) | (2,646) |
| Cash, cash equivalents, and restricted cash at the beginning of period | 1,733 | 4,681 |
| Cash, cash equivalents, and restricted cash at the end of period | $500 | $2,035 |
| Supplemental cash flow disclosures: | ||
| Interest paid | $39 | $30 |
| Income taxes (refund) paid, net | $(3) | $56 |
| Supplemental non-cash investing and financing activities: | ||
| Accrued capital expenditures and non-cash landlord incentives | $75 | $81 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.