CSGP CoStar Group

FY2025 10-K
Filed: Feb 26, 2026
Information Technology
Services-Business Services, NECSEC EDGAR

CoStar Group (CSGP) filed its fiscal year 2025 10-K annual report with the SEC on Feb 26, 2026. This page provides AI-powered analysis of the filing, including business overview, management discussion, risk factors, and key financial metrics from XBRL data.

AI Filing Analysis
FY2025 10-K

Business Overview

  • Online real estate marketplace and data/analytics platform serving commercial and residential property markets across U.S., Australia, Europe, Canada, and Asia-Pacific
  • Three acquisitions integrated: Visual Lease (Nov 2024), Matterport 3D digital twin technology (Feb 2025), and Domain Australian marketplace (Aug 2025)
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Management Discussion & Analysis

  • Revenue $3.247B, up $511M (+19%) YoY; Commercial Real Estate +18% to $1.787B, Residential +20% to $1.460B
  • Gross margin 79% vs 80% prior year; operating loss $(72)M vs breakeven; selling & marketing 48% vs 50% of revenue
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Risk Factors

  • EU AI Act enforcement from Aug 2026 — fines up to 7% of worldwide annual turnover for non-compliance with risk-based AI governance rules
  • Matterport hardware supply chain relies on single-source suppliers in China, exposed to recent US tariffs disrupting component access
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Financial Summary
XBRL

Revenue

$3.2B

Net Income

$7M

Gross Margin

78.9%

Operating Margin

-2.2%

Net Margin

0.2%

ROE

0.1%

Total Assets

$10.5B

EPS (Diluted)

$0.02

Operating Cash Flow

$430M

Source: XBRL data from CoStar Group FY2025 10-K filing on SEC EDGAR. All figures in USD.

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