◆ Market Data --:--
Commodities
Loading...
📈 Yields & Rates
Loading...
💱 FX Rates
Loading...
📈 Market Pulse
Loading...
🏛 Congress Trades
Loading...
👤 Insider Trades
Loading...
Customize Items

10-Q Filing

COSTAR GROUP, INC. CIK: 1057352 Q1 2022
Filing Information
Form Type 10-Q
Accession Number 0001057352-22-000054
Period End Date 20220331
Filing Date 20220428
Fiscal Year 2022
Fiscal Period Q1
XBRL Instance csgp-20220331_htm.xml
Balance Sheet 63 line items
Line Item Tag Value Unit Period
Cash, cash equivalents and restricted cash CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $3.93B USD Point-in-time
Cash, cash equivalents and restricted cash CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $3.69B USD Point-in-time
Cash, cash equivalents and restricted cash CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $3.76B USD Point-in-time
Cash, cash equivalents and restricted cash CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $3.83B USD Point-in-time
Accounts receivable AccountsReceivableGrossCurrent $138.19M USD Point-in-time
Accounts receivable AccountsReceivableGrossCurrent $148.74M USD Point-in-time
Less: Allowance for credit losses AllowanceForDoubtfulAccountsReceivableCurrent $13.77M USD Point-in-time
Less: Allowance for credit losses AllowanceForDoubtfulAccountsReceivableCurrent $13.37M USD Point-in-time
Accounts receivable, net AccountsReceivableNetCurrent $134.98M USD Point-in-time
Accounts receivable, net AccountsReceivableNetCurrent $124.82M USD Point-in-time
Prepaid expenses and other current assets PrepaidExpenseAndOtherAssetsCurrent $36.18M USD Point-in-time
Prepaid expenses and other current assets PrepaidExpenseAndOtherAssetsCurrent $36.18M USD Point-in-time
Total current assets AssetsCurrent $4.10B USD Point-in-time
Total current assets AssetsCurrent $3.99B USD Point-in-time
Deferred income taxes, net DeferredIncomeTaxAssetsNet $5.04M USD Point-in-time
Deferred income taxes, net DeferredIncomeTaxAssetsNet $5.03M USD Point-in-time
Property and equipment, net PropertyPlantAndEquipmentNet $283.72M USD Point-in-time
Property and equipment, net PropertyPlantAndEquipmentNet $271.43M USD Point-in-time
Lease right-of-use assets OperatingLeaseRightOfUseAsset $100.68M USD Point-in-time
Lease right-of-use assets OperatingLeaseRightOfUseAsset $95.56M USD Point-in-time
Goodwill Goodwill $2.24B USD Point-in-time
Goodwill Goodwill $2.32B USD Point-in-time
Goodwill Goodwill $2.32B USD Point-in-time
Intangible assets, net IntangibleAssetsNetExcludingGoodwill $435.66M USD Point-in-time
Intangible assets, net IntangibleAssetsNetExcludingGoodwill $409.33M USD Point-in-time
Deferred commission costs, net DeferredCosts $101.88M USD Point-in-time
Deferred commission costs, net DeferredCosts $110.08M USD Point-in-time
Deposits and other assets DepositsAssetsNoncurrent $21.76M USD Point-in-time
Deposits and other assets DepositsAssetsNoncurrent $22.40M USD Point-in-time
Income tax receivable IncomeTaxesReceivableNoncurrent $11.28M USD Point-in-time
Income tax receivable IncomeTaxesReceivableNoncurrent $11.28M USD Point-in-time
Total assets Assets $7.36B USD Point-in-time
Total assets Assets $7.26B USD Point-in-time
Accounts payable AccountsPayableCurrent $22.24M USD Point-in-time
Accounts payable AccountsPayableCurrent $19.19M USD Point-in-time
Accrued wages and commissions EmployeeRelatedLiabilitiesCurrent $59.34M USD Point-in-time
Accrued wages and commissions EmployeeRelatedLiabilitiesCurrent $81.79M USD Point-in-time
Accrued expenses AccruedLiabilitiesCurrent $81.68M USD Point-in-time
Accrued expenses AccruedLiabilitiesCurrent $78.92M USD Point-in-time
Income taxes payable AccruedIncomeTaxesCurrent $31.24M USD Point-in-time
Income taxes payable AccruedIncomeTaxesCurrent $72.38M USD Point-in-time
Lease liabilities OperatingLeaseLiabilityCurrent $32.62M USD Point-in-time
Lease liabilities OperatingLeaseLiabilityCurrent $26.27M USD Point-in-time
Deferred revenue ContractWithCustomerLiabilityCurrent $95.47M USD Point-in-time
Deferred revenue ContractWithCustomerLiabilityCurrent $107.75M USD Point-in-time
Total current liabilities LiabilitiesCurrent $338.69M USD Point-in-time
Total current liabilities LiabilitiesCurrent $370.19M USD Point-in-time
Long-term debt, net LongTermDebtNoncurrent $988.26M USD Point-in-time
Long-term debt, net LongTermDebtNoncurrent $987.94M USD Point-in-time
Deferred income taxes, net DeferredIncomeTaxLiabilitiesNet $98.66M USD Point-in-time
Deferred income taxes, net DeferredIncomeTaxLiabilitiesNet $91.76M USD Point-in-time
Income taxes payable AccruedIncomeTaxesNoncurrent $12.51M USD Point-in-time
Income taxes payable AccruedIncomeTaxesNoncurrent $12.50M USD Point-in-time
Lease and other long-term liabilities LeaseAndOtherLiabilitiesNoncurrent $107.41M USD Point-in-time
Lease and other long-term liabilities LeaseAndOtherLiabilitiesNoncurrent $97.43M USD Point-in-time
Total liabilities Liabilities $1.55B USD Point-in-time
Total liabilities Liabilities $1.56B USD Point-in-time
Total stockholders' equity StockholdersEquity $5.38B USD Point-in-time
Total stockholders' equity StockholdersEquity $5.71B USD Point-in-time
Total stockholders' equity StockholdersEquity $5.80B USD Point-in-time
Total stockholders' equity StockholdersEquity $5.45B USD Point-in-time
Total liabilities and stockholders equity LiabilitiesAndStockholdersEquity $7.26B USD Point-in-time
Total liabilities and stockholders equity LiabilitiesAndStockholdersEquity $7.36B USD Point-in-time
Income Statement 38 line items
Line Item Tag Value Unit Period
Revenues RevenueFromContractWithCustomerExcludingAssessedTax $515.83M USD 1 Quarter
Revenues RevenueFromContractWithCustomerExcludingAssessedTax $457.70M USD 1 Quarter
Cost of revenues CostOfGoodsAndServicesSold $88.75M USD 1 Quarter
Cost of revenues CostOfGoodsAndServicesSold $95.48M USD 1 Quarter
Gross profit GrossProfit $368.95M USD 1 Quarter
Gross profit GrossProfit $420.35M USD 1 Quarter
Selling and marketing (excluding customer base amortization) SellingAndMarketingExpense $144.00M USD 1 Quarter
Selling and marketing (excluding customer base amortization) SellingAndMarketingExpense $138.69M USD 1 Quarter
Software development ResearchAndDevelopmentExpenseSoftwareExcludingAcquiredInProcessCost $46.78M USD 1 Quarter
Software development ResearchAndDevelopmentExpenseSoftwareExcludingAcquiredInProcessCost $54.02M USD 1 Quarter
General and administrative GeneralAndAdministrativeExpense $77.96M USD 1 Quarter
General and administrative GeneralAndAdministrativeExpense $63.85M USD 1 Quarter
Customer base amortization AmortizationOfIntangibleAssets $16.09M USD 1 Quarter
Customer base amortization AmortizationOfIntangibleAssets $18.42M USD 1 Quarter
Total operating expenses OperatingExpenses $267.74M USD 1 Quarter
Total operating expenses OperatingExpenses $292.07M USD 1 Quarter
Income from operations OperatingIncomeLoss $101.21M USD 1 Quarter
Income from operations OperatingIncomeLoss $128.28M USD 1 Quarter
Interest expense, net InterestIncomeExpenseNonoperatingNet $-7.88M USD 1 Quarter
Interest expense, net InterestIncomeExpenseNonoperatingNet $-7.72M USD 1 Quarter
Other income (expense) OtherNonoperatingIncomeExpense $864.00K USD 1 Quarter
Other income (expense) OtherNonoperatingIncomeExpense $-50.00K USD 1 Quarter
Income before income taxes IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest $93.28M USD 1 Quarter
Income before income taxes IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest $121.42M USD 1 Quarter
Income tax expense IncomeTaxExpenseBenefit $19.07M USD 1 Quarter
Income tax expense IncomeTaxExpenseBenefit $32.10M USD 1 Quarter
Net income NetIncomeLoss $74.21M USD 1 Quarter
Net income NetIncomeLoss $89.32M USD 1 Quarter
Net income per share - basic (in dollars per share) EarningsPerShareBasic $0.23 USD 1 Quarter
Net income per share - basic (in dollars per share) EarningsPerShareBasic $0.19 USD 1 Quarter
Net income per share - diluted (in dollars per share) EarningsPerShareDiluted $0.19 USD 1 Quarter
Net income per share - diluted (in dollars per share) EarningsPerShareDiluted $0.23 USD 1 Quarter
Weighted-average outstanding shares - basic (in shares) WeightedAverageNumberOfSharesOutstandingBasic 391.58M shares 1 Quarter
Weighted-average outstanding shares - basic (in shares) WeightedAverageNumberOfSharesOutstandingBasic 392.89M shares 1 Quarter
Weighted-average outstanding shares - diluted (in shares) WeightedAverageNumberOfDilutedSharesOutstanding 394.23M shares 1 Quarter
Weighted-average outstanding shares - diluted (in shares) WeightedAverageNumberOfDilutedSharesOutstanding 393.71M shares 1 Quarter
Conversion ratio StockholdersEquityNoteStockSplitConversionRatio1 10.00 pure Point-in-time
Conversion ratio StockholdersEquityNoteStockSplitConversionRatio1 10.00 pure 1 Quarter
Cash Flow Statement 72 line items
Line Item Tag Value Unit Period
Net income NetIncomeLoss $74.21M USD 1 Quarter
Net income NetIncomeLoss $89.32M USD 1 Quarter
Depreciation and amortization DepreciationDepletionAndAmortization $35.41M USD 1 Quarter
Depreciation and amortization DepreciationDepletionAndAmortization $32.19M USD 1 Quarter
Amortization of deferred commissions costs AmortizationOfDeferredSalesCommissions $17.58M USD 1 Quarter
Amortization of deferred commissions costs AmortizationOfDeferredSalesCommissions $15.32M USD 1 Quarter
Amortization of Senior Notes discount and issuance costs AmortizationOfFinancingCostsAndDiscounts $588.00K USD 1 Quarter
Amortization of Senior Notes discount and issuance costs AmortizationOfFinancingCostsAndDiscounts $578.00K USD 1 Quarter
Non-cash lease expense NonCashLeaseExpense $7.54M USD 1 Quarter
Non-cash lease expense NonCashLeaseExpense $6.48M USD 1 Quarter
Stock-based compensation expense ShareBasedCompensation $15.54M USD 1 Quarter
Stock-based compensation expense ShareBasedCompensation $17.85M USD 1 Quarter
Deferred income taxes, net DeferredIncomeTaxExpenseBenefit $5.46M USD 1 Quarter
Deferred income taxes, net DeferredIncomeTaxExpenseBenefit $-10.21M USD 1 Quarter
Credit loss expense ProvisionForDoubtfulAccounts $1.82M USD 1 Quarter
Credit loss expense ProvisionForDoubtfulAccounts $3.32M USD 1 Quarter
Other operating activities, net OtherOperatingActivitiesCashFlowStatement $-136.00K USD 1 Quarter
Other operating activities, net OtherOperatingActivitiesCashFlowStatement $-30.00K USD 1 Quarter
Accounts receivable IncreaseDecreaseInAccountsReceivable $13.72M USD 1 Quarter
Accounts receivable IncreaseDecreaseInAccountsReceivable $7.61M USD 1 Quarter
Prepaid expenses and other current assets IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets $2.82M USD 1 Quarter
Prepaid expenses and other current assets IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets $385.00K USD 1 Quarter
Deferred commissions IncreaseDecreaseDeferredCommissions $-15.08M USD 1 Quarter
Deferred commissions IncreaseDecreaseDeferredCommissions $-25.83M USD 1 Quarter
Accounts payable and other liabilities IncreaseDecreaseInAccountsPayableAndAccruedLiabilities $-32.58M USD 1 Quarter
Accounts payable and other liabilities IncreaseDecreaseInAccountsPayableAndAccruedLiabilities $-63.05M USD 1 Quarter
Lease liabilities IncreaseDecreaseInLeaseLiability $-7.82M USD 1 Quarter
Lease liabilities IncreaseDecreaseInLeaseLiability $-7.79M USD 1 Quarter
Income taxes payable IncreaseDecreaseInAccruedIncomeTaxesPayable $12.56M USD 1 Quarter
Income taxes payable IncreaseDecreaseInAccruedIncomeTaxesPayable $41.15M USD 1 Quarter
Deferred revenue IncreaseDecreaseInContractWithCustomerLiability $14.68M USD 1 Quarter
Deferred revenue IncreaseDecreaseInContractWithCustomerLiability $12.42M USD 1 Quarter
Other assets IncreaseDecreaseLeaseRightofUseandOtherAssets $-666.00K USD 1 Quarter
Other assets IncreaseDecreaseLeaseRightofUseandOtherAssets $2.27M USD 1 Quarter
Net cash provided by operating activities NetCashProvidedByUsedInOperatingActivities $87.85M USD 1 Quarter
Net cash provided by operating activities NetCashProvidedByUsedInOperatingActivities $130.71M USD 1 Quarter
Proceeds from sale of property and equipment and other assets ProceedsFromSaleOfPropertyAndEquipmentAndOtherAssets $15.00K USD 1 Quarter
Proceeds from sale of property and equipment and other assets ProceedsFromSaleOfPropertyAndEquipmentAndOtherAssets - USD 1 Quarter
Purchase of Richmond assets and other intangibles PaymentsToAcquirePropertyPlantAndEquipment $123.26M USD 1 Quarter
Purchase of Richmond assets and other intangibles PaymentsToAcquirePropertyPlantAndEquipment - USD 1 Quarter
Purchases of property and equipment and other assets PaymentsToAcquirePropertyAndEquipmentAndOtherAssets $10.62M USD 1 Quarter
Purchases of property and equipment and other assets PaymentsToAcquirePropertyAndEquipmentAndOtherAssets $12.42M USD 1 Quarter
Cash paid for acquisitions, net of cash acquired PaymentsToAcquireBusinessesNetOfCashAcquired - USD 1 Quarter
Cash paid for acquisitions, net of cash acquired PaymentsToAcquireBusinessesNetOfCashAcquired $442.00K USD 1 Quarter
Net cash used in investing activities NetCashProvidedByUsedInInvestingActivities $-12.40M USD 1 Quarter
Net cash used in investing activities NetCashProvidedByUsedInInvestingActivities $-134.32M USD 1 Quarter
Repurchase of restricted stock to satisfy tax withholding obligations PaymentsRelatedToTaxWithholdingForShareBasedCompensation $19.46M USD 1 Quarter
Repurchase of restricted stock to satisfy tax withholding obligations PaymentsRelatedToTaxWithholdingForShareBasedCompensation $27.67M USD 1 Quarter
Proceeds from exercise of stock options and employee stock purchase plan ProceedsFromExerciseOfStockOptionsAndEspp $9.12M USD 1 Quarter
Proceeds from exercise of stock options and employee stock purchase plan ProceedsFromExerciseOfStockOptionsAndEspp $3.71M USD 1 Quarter
Net cash used in financing activities NetCashProvidedByUsedInFinancingActivities $-18.54M USD 1 Quarter
Net cash used in financing activities NetCashProvidedByUsedInFinancingActivities $-15.75M USD 1 Quarter
Effect of foreign currency exchange rates on cash and cash equivalents EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $-606.00K USD 1 Quarter
Effect of foreign currency exchange rates on cash and cash equivalents EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $-581.00K USD 1 Quarter
Net increase (decrease) in cash, cash equivalents and restricted cash CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect $-65.62M USD 1 Quarter
Net increase (decrease) in cash, cash equivalents and restricted cash CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect $101.97M USD 1 Quarter
Cash, cash equivalents and restricted cash at the beginning of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $3.93B USD Point-in-time
Cash, cash equivalents and restricted cash at the beginning of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $3.69B USD Point-in-time
Cash, cash equivalents and restricted cash at the beginning of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $3.76B USD Point-in-time
Cash, cash equivalents and restricted cash at the beginning of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $3.83B USD Point-in-time
Cash, cash equivalents and restricted cash at the end of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $3.93B USD Point-in-time
Cash, cash equivalents and restricted cash at the end of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $3.69B USD Point-in-time
Cash, cash equivalents and restricted cash at the end of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $3.76B USD Point-in-time
Cash, cash equivalents and restricted cash at the end of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $3.83B USD Point-in-time
Interest paid InterestPaidNet $16.04M USD 1 Quarter
Interest paid InterestPaidNet $14.47M USD 1 Quarter
Income taxes paid IncomeTaxesPaid $1.04M USD 1 Quarter
Income taxes paid IncomeTaxesPaid $1.17M USD 1 Quarter
Consideration owed for acquisitions OtherSignificantNoncashTransactionAmountsOwedForAcquisitions $59.00K USD 1 Quarter
Consideration owed for acquisitions OtherSignificantNoncashTransactionAmountsOwedForAcquisitions $385.00K USD 1 Quarter
Accrued capital expenditures and non-cash landlord incentives CapitalExpendituresIncurredButNotYetPaidAndNoncashLandlordIncentives $7.78M USD 1 Quarter
Accrued capital expenditures and non-cash landlord incentives CapitalExpendituresIncurredButNotYetPaidAndNoncashLandlordIncentives $1.18M USD 1 Quarter
Stockholders Equity 23 line items
Line Item Tag Value Unit Period
Beginning balance StockholdersEquity $5.38B USD Point-in-time
Beginning balance StockholdersEquity $5.71B USD Point-in-time
Beginning balance StockholdersEquity $5.80B USD Point-in-time
Beginning balance StockholdersEquity $5.45B USD Point-in-time
Net income NetIncomeLoss $74.21M USD 1 Quarter
Net income NetIncomeLoss $89.32M USD 1 Quarter
Other comprehensive (loss) income OtherComprehensiveIncomeLossNetOfTax $323.00K USD 1 Quarter
Other comprehensive (loss) income OtherComprehensiveIncomeLossNetOfTax $-6.36M USD 1 Quarter
Exercise of stock options StockIssuedDuringPeriodValueStockOptionsExercised $6.34M USD 1 Quarter
Restricted stock grants StockIssuedDuringPeriodValueRestrictedStockAwardGross - USD 1 Quarter
Restricted stock grants StockIssuedDuringPeriodValueRestrictedStockAwardGross $1.00K USD 1 Quarter
Restricted stock grants surrendered AdjustmentsToAdditionalPaidInCapitalRestrictedStockSurrendered $27.67M USD 1 Quarter
Restricted stock grants surrendered AdjustmentsToAdditionalPaidInCapitalRestrictedStockSurrendered $19.46M USD 1 Quarter
Stock-based compensation expense AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue $15.26M USD 1 Quarter
Stock-based compensation expense AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue $18.00M USD 1 Quarter
Employee stock purchase plan StockIssuedDuringPeriodValueEmployeeStockPurchasePlan $4.12M USD 1 Quarter
Employee stock purchase plan StockIssuedDuringPeriodValueEmployeeStockPurchasePlan $3.09M USD 1 Quarter
Ending balance StockholdersEquity $5.38B USD Point-in-time
Ending balance StockholdersEquity $5.71B USD Point-in-time
Ending balance StockholdersEquity $5.80B USD Point-in-time
Ending balance StockholdersEquity $5.45B USD Point-in-time
Conversion ratio StockholdersEquityNoteStockSplitConversionRatio1 10.00 pure Point-in-time
Conversion ratio StockholdersEquityNoteStockSplitConversionRatio1 10.00 pure 1 Quarter
Comprehensive Income 8 line items
Line Item Tag Value Unit Period
Net income NetIncomeLoss $74.21M USD 1 Quarter
Net income NetIncomeLoss $89.32M USD 1 Quarter
Foreign currency translation adjustment OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax $323.00K USD 1 Quarter
Foreign currency translation adjustment OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax $-6.36M USD 1 Quarter
Total other comprehensive (loss) income OtherComprehensiveIncomeLossNetOfTax $323.00K USD 1 Quarter
Total other comprehensive (loss) income OtherComprehensiveIncomeLossNetOfTax $-6.36M USD 1 Quarter
Total comprehensive income ComprehensiveIncomeNetOfTax $82.96M USD 1 Quarter
Total comprehensive income ComprehensiveIncomeNetOfTax $74.53M USD 1 Quarter

Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.

NEWS
Loading article...
NEWS
Loading news...
TRENDING
Loading...