For the quarter ending 2025-09-30, CSGP had -$1,692.2M decrease in cash & cash equivalents over the period. -$5.5M in free cash flow.
| Cash Flow | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 |
|---|---|---|---|---|
| Net income (loss) | -30.9 | 6.2 | -14.8 | 59.8 |
| Depreciation and amortization | 69.2 | 65.5 | 47.3 | 39.3 |
| Amortization of deferred commissions costs | 43.5 | 35.9 | 31 | 30.6 |
| Amortization of senior notes discount and issuance costs | - | - | 0.6 | 0.5 |
| Non-cash lease expense | 6.3 | 7.6 | 8.4 | 7.6 |
| Stock-based compensation expense | 70.8 | 51.8 | 30.4 | 21.7 |
| Deferred income taxes, net | 10.9 | -5 | -0.5 | -34.7 |
| Credit loss expense | 9 | 7.5 | 9.4 | 10.6 |
| Unrealized gains on investments and deal-contingent foreign currency forward contracts | - | 24.6 | - | - |
| Other operating activities, net | -4 | 1.5 | -3.4 | -0.7 |
| Accounts receivable | 13.5 | 3.1 | 15.7 | 16.5 |
| Prepaid expenses, other current assets and other assets | 32.6 | -6.2 | -7.2 | -0.9 |
| Deferred commissions | -37.2 | -45.7 | -34.3 | -28.5 |
| Accounts payable and other liabilities | -43.3 | 76.3 | -22.1 | -14.4 |
| Lease liabilities | -5 | -9 | -9.8 | -8.1 |
| Income taxes payable, net | 0.1 | -28 | 6.7 | 24.1 |
| Deferred revenue | 0.3 | 4 | 12.8 | 3 |
| Other assets | - | - | - | 0.6 |
| Net cash provided by operating activities | 68.2 | 146.5 | 53.2 | 94.6 |
| Proceeds from sale and settlement of investments | 0 | 0 | 203.4 | 0 |
| Proceeds from sale of property, equipment, and other assets | 0.5 | 0.7 | 0.1 | 0.3 |
| Purchases of property, equipment, and other assets for new campuses | 73.7 | 118.8 | 53.7 | 69.4 |
| Purchases of property, equipment, and other assets | 18.1 | 32.7 | 25.5 | 9.4 |
| Purchases of equity securities | 0 | 0 | 284.8 | - |
| Cash paid for acquisitions, net of cash acquired | 1,597.1 | 0 | 750.1 | 271.6 |
| Net cash used in investing activities | -1,688.4 | -150.8 | -910.6 | -350.1 |
| Payments of long-term debt assumed in acquisition | - | - | - | 0 |
| Payments of debt issuance costs | 0 | 0 | - | 0.2 |
| Repurchase of restricted stock to satisfy tax withholding obligations | 17.2 | 12.3 | 34.7 | 0.8 |
| Proceeds from equity offering, net of transaction costs | - | - | - | 0 |
| Stock repurchase | 51.2 | 45.3 | 18.5 | - |
| Proceeds from exercise of stock options and employee stock purchase plan | 6 | 7.8 | 6.6 | 2.8 |
| Principal repayments of financing lease obligations | 1.3 | 1.3 | 0.7 | 1.7 |
| Other financing activities | - | - | 1.1 | - |
| Net cash used in financing activities | -63.7 | -51.1 | -47.3 | 0.1 |
| Effect of foreign currency exchange rates on cash, cash equivalents, and restricted cash | -8.3 | 4.2 | 1.9 | -1.2 |
| Net decrease in cash, cash equivalents, and restricted cash | -1,692.2 | -51.2 | -902.8 | -256.6 |
| Cash and cash equivalents at beginning of period | 3,727 | 3,778.2 | 4,681 | 4,937.6 |
| Cash and cash equivalents at end of period | 2,034.8 | 3,727 | 3,778.2 | 4,681 |
COSTAR GROUP, INC. (CSGP)
COSTAR GROUP, INC. (CSGP)