---
schema_version: "secwatch.filing_event.v1"
accession: "0001057352-22-000022"
form_type: "8-K"
ticker: "CSGP"
cik: "0001057352"
company_name: "COSTAR GROUP, INC."
filed_at: "2022-02-22T23:59:59+00:00"
generated_at: "2026-06-27T05:52:04.725015+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# CoStar FY2021 revenue up 17% to $1.94B; Q4 bookings record $67M; 2022 EBITDA guided down on residential investments

## Summary
- FY2021 revenue $1.94B (+17% YoY); net income $293M (+29%); EBITDA $565M (+39%).
- Q4 revenue $507M (+14%); net income $93M ($0.24 EPS) up 160%; record net sales bookings $67M (+37%).
- Residential revenue $75M in first full year; Homesnap pro forma growth >50%; plans $300-320M investment in 2022.
- 2022 revenue guidance $2.145-2.165B (~11% growth); adjusted EBITDA $565-605M (down ~10% midpoint vs 2021).
- Ex-residential, commercial EBITDA margin ~40% in 2022, achieving long-term target a year early.

## SEC filing metadata
- accession: 0001057352-22-000022
- form_type: 8-K
- ticker: CSGP
- cik: 0001057352
- company_name: COSTAR GROUP, INC.
- filed_at: 2022-02-22T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1057352/000105735222000022/0001057352-22-000022-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1057352/000105735222000022/csgp-20220222.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001057352-22-000022
- JSON: https://secwatch.observer/filing/0001057352-22-000022.json
- Plain text: https://secwatch.observer/filing/0001057352-22-000022.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.