CoStar Group (CSGP) 10-K Summary — Year Ended Dec 31, 2023
The filing provides limited narrative content; the business overview and risk factors sections only reference item numbers. The company reported revenue growth and positive cash flow, with liquidity supported by a large cash balance and access to capital markets.
Key takeaway
Year ended Dec 31, 2023 · FY2025 10-K
The filing provides limited narrative content; the business overview and risk factors sections only reference item numbers. The company reported revenue growth and positive cash flow, with liquidity supported by a large cash balance and access to capital markets.
Financial snapshot
Selected annual figures reported with the filing, shown separately from the narrative summary.
Annual revenue
$2.5B
Revenue reported for the fiscal year.
Operating income
$282M
Income from operations reported for the year.
Net income
$375M
Net income reported for the year.
Operating cash flow
$490M
Cash generated by operating activities.
Annual revenue trend
Reported annual revenue and its change from the preceding fiscal year.
| Period ended | Revenue | Year-over-year change |
|---|---|---|
| Dec 31, 2021 | $1.9B | n/a |
| Dec 31, 2022 | $2.2B | +12.3% |
| Dec 31, 2023 | $2.5B | +12.5% |
Business overview
The filing's business overview section only references item numbers and does not provide a narrative description of the company's operations.
Financial performance
Revenue increased over the reported periods. The company reported operating income, net income, and positive operating cash flow.
Material risks
The filing does not include the text of risk factors; only a reference to Item 1A is provided.
Liquidity and capital
The company holds a substantial cash balance and expects sufficient liquidity from operations and capital markets. It has outstanding senior notes, lease obligations, and purchase commitments, and is investing in campus expansion.
What to watch
Monitor the progress and costs of the Richmond campus expansion.