FINHUB Insights

CSGP · Q1 FY25 · Jan 1 – Mar 31, 2025

CoStar Q1 FY25: where the revenue came from and where it went

CoStar Q1 FY25: revenue $0.7B (+12% year over year). Net profit $0B. Largest cohort Multifamily Online Marketplace $0.3B. The whole income statement as a sankey diagram from the SEC filing.

Period
Jan 1 – Mar 31, 2025
Reported
May 1, 2025 10-Q
Sankey diagram of CoStar's income statement for Q1 FY25: revenue of $0.7 billion splits into segments and flows out into costs, taxes and net profit.

Tap the diagram to enlarge · figures in billions of dollars

Revenue$0.7B +12% year over year
Gross profit$0.6B 79% margin
Operating profit$0B -6% margin
Net profit$0B -2% margin

The numbers

All figures in billions of U.S. dollars, for Q1 FY25 (period ends Mar 31, 2025).
ItemValueShare of revenueYear over year
Revenue 0.7 100% +12%
Multifamily Online Marketplace 0.3 43% +11%
Co Star 0.3 43% +6%
Loop Net 0.1 14% +5%
Cost of revenue−0.229%
Gross profit0.679% margin+1pp
Sales & marketing−0.450%−5pp
G&A−0.119%+4pp
Other−0.115%+0pp
Operating profit0-6% margin+1pp
Net profit0-2%−3pp

Source of the numbers: structured XBRL data from the filing (10-Q). The diagram is generated automatically and checked against EDGAR before release. How we calculate it → About and methodology.

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