CoStar Group, Inc. (CSGP) quarterly cash flow statement — complete operating, investing & financing history
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 | Q2'21 |
|---|
| Cash from Operations | 152M | 162.1M | 68.2M | 146.5M | 53.2M | 94.6M | 100.3M | 58.1M | 139.6M | 148.51M | 42.6M | 175.2M | 123.2M | 185.03M | 81.49M | 81.39M | 130.71M | 150.51M | 98.93M | 132.44M |
| Operating CF Margin % | 16.95% | 18.01% | 8.18% | 18.75% | 7.27% | 13.34% | 14.48% | 8.57% | 21.27% | 23.2% | 6.82% | 28.92% | 21.08% | 32.27% | 14.63% | 15.18% | 25.34% | 29.7% | 19.81% | 27.57% |
| Operating CF Growth % | 185.71% | 71.35% | -32% | 152.15% | -61.89% | -36.3% | 135.45% | -66.84% | 13.31% | -19.74% | -47.72% | 115.25% | -5.74% | 22.93% | -17.63% | -38.54% | 48.78% | 15.1% | -7.28% | 13.02% |
| Net Income | 3M | 47M | -30.9M | 6.2M | -14.8M | 59.8M | 53M | 19.2M | 6.7M | 96.47M | 90.5M | 100.6M | 87.1M | 124.37M | 72.29M | 83.47M | 89.32M | 92.9M | 64.3M | 61.15M |
| Depreciation & Amortization | 82M | 80M | 69.2M | 65.5M | 47.3M | 39.3M | 35.5M | 38.8M | 33.3M | 28.68M | 27.1M | 26.1M | 25.6M | 27.9M | 45.86M | 31.94M | 32.19M | 37.17M | 33.87M | 33.11M |
| Stock-Based Compensation | 42M | 0 | 70.8M | 51.8M | 30.4M | 21.7M | 21.8M | 22.7M | 22.8M | 21.23M | 21.9M | 21.9M | 20M | 21.11M | 18.14M | 18.11M | 17.85M | 16.72M | 16.3M | 15.14M |
| Deferred Taxes | 3M | 30.6M | 5.5M | -5M | -500K | -34.7M | -9M | -3.6M | -2.8M | -24.25M | -6M | -4.1M | -2.9M | -9.53M | -6.73M | -4.74M | -10.21M | 7.91M | 6.33M | 4.46M |
| Other Non-Cash Items | 47M | 86.8M | -100.9M | 27.3M | 46M | 48.6M | 47.1M | 47.5M | 44.1M | 39.71M | 44.7M | 40.7M | 34.3M | 40.86M | 33.95M | 29M | 29M | 27.08M | 26.19M | 27.14M |
| Working Capital Changes | -25M | -82.3M | 54.5M | 700K | -55.2M | -40.1M | -48.1M | -66.5M | 35.5M | -13.33M | -135.6M | -10M | -40.9M | -19.69M | -82.02M | -76.39M | -27.44M | -31.27M | -48.06M | -8.57M |
| Change in Receivables | -42M | 4.3M | -13.5M | -3.1M | -15.7M | -16.5M | 17.4M | -15.5M | -15.6M | -2M | -24M | -8.4M | -32.2M | -10.23M | -2.86M | -19.59M | -13.72M | -11.91M | -9.19M | -917K |
| Change in Inventory | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Change in Payables | -3M | -22.9M | -43.3M | 76.3M | -22.1M | -14.4M | -30.1M | 10.8M | 77.2M | 12.83M | -33.3M | 68.1M | -13.7M | 21.1M | -11.97M | 46.68M | -32.58M | -2.14M | 4.56M | 30.58M |
| Cash from Investing | -54M | -66.2M | -1.69B | -150.8M | -910.6M | -350.1M | -85.2M | -97.3M | -380.3M | -162.65M | -21.6M | -34.8M | -19.6M | 7.43M | -18.78M | -45.31M | -12.4M | -83.84M | -12.71M | -150.47M |
| Capital Expenditures | -54M | -312.7M | 230.7M | -151.5M | -79.2M | -78.8M | -86.6M | -92.2M | -380.3M | -11.16M | -21.6M | -34.8M | -19.6M | -14.91M | -12.91M | -18.34M | -12.4M | -43.69M | -8.44M | -2.47M |
| CapEx % of Revenue | 6.02% | 34.74% | 27.68% | 19.39% | 10.82% | 11.11% | 12.5% | 13.6% | 57.94% | 1.74% | 3.46% | 5.74% | 3.35% | 2.6% | 2.32% | 3.42% | 2.4% | 8.62% | 1.69% | 0.52% |
| Acquisitions | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Investments | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Investing | 0 | 244.9M | -322M | 700K | 100K | 300K | 1.4M | 0 | 0 | -51.89M | 0 | 0 | 0 | 22.29M | -5.87M | -20.63M | 0 | 226K | 44K | -163K |
| Cash from Financing | -514M | -396.9M | -63.7M | -51.1M | -47.3M | 100K | 1.5M | 7.2M | -22.5M | -726K | 3.3M | 9.63M | -15.9M | -556K | 749.1M | 1.18M | -15.75M | -1.34M | 1.8M | 2.4M |
| Debt Issued (Net) | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Equity Issued (Net) | -513M | -392.2M | 96.4M | -49.8M | -46.6M | 2M | -24.2M | 38.6M | -21.4M | -26K | 3.3M | 9.63M | -15.9M | 745.61M | 2.93M | 3.34M | -15.75M | -987K | 1.8M | 2.46M |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Share Repurchases | -527M | -395.8M | 110.8M | -57.6M | -53.2M | -800K | -28.7M | 26M | -26M | -2.99M | -964K | -814K | -21.63M | -2.85M | -504K | -296K | -19.46M | -4.01M | -901K | -738K |
| Other Financing | -1M | -4.7M | -158.8M | 0 | 0 | -200K | 26.9M | -29.2M | -1.1M | -700K | 0 | 0 | 0 | -746.13M | 746.17M | 0 | 0 | -354K | 0 | -57K |
| Net Change in Cash | -417M | -301.8M | -1.69B | -51.2M | -902.8M | -256.6M | 18.1M | -32.1M | -264.3M | -13.98M | 24.59M | 149.65M | 87.7M | 193.5M | 810.35M | 35.02M | 101.97M | 65.54M | 86.68M | -15.39M |
| Free Cash Flow | 98M | -150.6M | 352.6M | -58.7M | -26M | 15.8M | 13.7M | -34.1M | -240.7M | 137.36M | 37.27M | 170.28M | 103.6M | 170.12M | 68.58M | 63.05M | 118.29M | 106.83M | 90.49M | 129.96M |
| FCF Margin % | 10.93% | -16.73% | 42.3% | -7.51% | -3.55% | 2.23% | 1.98% | -5.03% | -36.67% | 21.46% | 5.97% | 28.1% | 17.73% | 29.67% | 12.31% | 11.76% | 22.93% | 21.08% | 18.12% | 27.06% |
| FCF Growth % | 476.92% | -1053.16% | 2473.72% | -72.14% | 89.2% | -88.5% | -63.24% | -120.03% | -332.34% | -19.26% | -45.66% | 170.08% | -12.42% | 59.25% | -24.22% | -51.49% | 53.16% | -14.24% | 17.01% | 16.52% |
| FCF per Share | 0.24 | -0.36 | 0.84 | -0.14 | -0.06 | 0.04 | 0.03 | -0.08 | -0.59 | 0.34 | 0.09 | 0.42 | 0.26 | 0.42 | 0.17 | 0.16 | 0.30 | 0.27 | 0.23 | 0.33 |
| FCF Conversion (FCF/Net Income) | 50.67x | 3.45x | -2.21x | 23.63x | -3.59x | 1.58x | 1.89x | 3.03x | 20.84x | 1.54x | 0.47x | 1.74x | 1.41x | 1.49x | 1.13x | 0.98x | 1.46x | 1.62x | 1.54x | 2.17x |
| Interest Paid | 0 | 0 | 0 | 0 | 14.7M | 1.2M | 14.1M | 900K | 14.8M | 726K | 14.6M | 400K | 15M | 474K | 14.52M | 483K | 14.47M | 480K | 14.52M | 473K |
| Taxes Paid | 0 | 0 | 0 | 0 | 2M | 36.4M | 9.3M | 51.9M | 2.2M | 55.08M | 44.4M | 61.9M | 1.8M | 27.31M | 42.36M | 98.33M | 1.17M | 23.88M | 25.69M | 31.5M |