CoStar Group (CSGP) Revenue — Quarter Ended Jun 30, 2023
Revenue increased in the current quarter compared to the prior quarter. The growth rate also exceeded the level from the same quarter one year earlier.
Key takeaway
Quarter ended Jun 30, 2023 · FY2023 Q2
Revenue increased in the current quarter compared to the prior quarter. The growth rate also exceeded the level from the same quarter one year earlier.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$605.9M
Revenue reported for this quarter.
Quarter-over-quarter
+3.7%
Change from the immediately preceding quarter.
Year-over-year
+13.0%
Change from the comparable year-ago quarter.
Trailing four quarters
$2.3B
Sum of the latest four reported quarters.
Quarterly revenue trend
The latest four reported quarters with year-over-year comparisons.
| Period ended | Revenue | Year-over-year change |
|---|---|---|
| Sep 30, 2022 | $556.9M | +11.5% |
| Dec 31, 2022 | $573.3M | +13.1% |
| Mar 31, 2023 | $584.4M | +13.3% |
| Jun 30, 2023 | $605.9M | +13.0% |
Revenue performance
The reported revenue rose from the immediately preceding quarter, continuing an upward trend. Compared with the same quarter a year ago, revenue was higher as well.
Quarterly comparison
Sequentially, revenue improved from the prior quarter. On a year-over-year basis, revenue also increased relative to the same quarter one year earlier.
What to watch
The filing notes construction commitments for a campus expansion that may affect future cash requirements.