CoStar Group (CSGP) Revenue — Quarter Ended Jun 30, 2024
Revenue increased in the current quarter, continuing a rising trend from the prior quarter and from the same period a year earlier. Both sequential and year-over-year comparisons showed growth.
Key takeaway
Quarter ended Jun 30, 2024 · FY2024 Q2
Revenue increased in the current quarter, continuing a rising trend from the prior quarter and from the same period a year earlier. Both sequential and year-over-year comparisons showed growth.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$677.8M
Revenue reported for this quarter.
Quarter-over-quarter
+3.3%
Change from the immediately preceding quarter.
Year-over-year
+11.9%
Change from the comparable year-ago quarter.
Trailing four quarters
$2.6B
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, 2023 | $624.7M | +12.2% |
| Dec 31, 2023 | $640.1M | +11.6% |
| Mar 31, 2024 | $656.4M | +12.3% |
| Jun 30, 2024 | $677.8M | +11.9% |
Revenue performance
The reported revenue rose compared with the immediately preceding quarter. It also exceeded the figure from the same quarter one year ago.
Quarterly comparison
The three months just ended outperformed the prior three-month period in revenue terms. On an annual basis, the current quarter’s revenue was also higher than the equivalent quarter last year.
What to watch
The filing discusses construction commitments for a campus expansion that will require material cash outlays through the first half of a future year.