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CoStar Group 2024 Full Year Revenue Increased 11% Year-over-Year; Q4 24 Net Income Increased 13%, EBITDA Increased 43% & Adjusted EBITDA Increased 47% from Q3 24

1. CSGP's 2024 revenue increased by 11% to $2.74 billion. 2. Fourth-quarter revenue rose 11% year-over-year, reaching $709 million.

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FAQ

Why Bullish?

The revenue growth indicates strong market demand, similar to previous profitable quarters.

How important is it?

Revenue increases directly impact CSGP's valuation and investor sentiment positively.

Why Long Term?

Sustained revenue growth suggests a positive trajectory for CSGP over the coming years.

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ARLINGTON, Va.--(BUSINESS WIRE)--CoStar Group, Inc. (NASDAQ: CSGP), a leading provider of online real estate marketplaces, information, and analytics in the property markets, announced today that revenue for the year ended December 31, 2024 was $2.74 billion, up 11% over revenue of $2.46 billion for the full year of 2023. Revenue for the fourth quarter of 2024 was $709 million, an increase of 11% over revenue of $640 million for the fourth quarter of 2023. Net income was $139 million for the ye.

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