FINHUB Insights

CSGP · Q3 FY25 · Sep 30, 2025

CoStar Q3 FY25: where the revenue came from and where it went

CoStar Q3 FY25: revenue $0.8B (+20% 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
Sep 30, 2025
Reported
Oct 29, 2025 10-Q
Sankey diagram of CoStar's income statement for Q3 FY25: revenue of $0.8 billion splits into segments and flows out into costs, taxes and net profit.

Tap the diagram to enlarge · figures in billions of dollars

Revenue$0.8B +20% year over year
Gross profit$0.7B 79% margin
Operating profit$-0.1B -6% margin
Net profit$0B -4% margin

The numbers

All figures in billions of U.S. dollars, for Q3 FY25 (period ends Sep 30, 2025).
ItemValueShare of revenueYear over year
Revenue 0.8 100% +20%
Multifamily Online Marketplace 0.3 38% +11%
Co Star 0.3 38% +8%
Loop Net 0.1 12% +12%
Product and Service Other 0.1 12% +142%
Residential 0.1 12% +98%
Cost of revenue−0.225%
Gross profit0.779% margin+0pp
Sales & marketing−0.450%+2pp
G&A−0.219%+4pp
Other−0.116%+0pp
Operating profit-0.1-6% margin−10pp
Net profit0-4%−11pp
Filing on EDGAR More quarters of CSGP

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.

Older quarters