Filing Flows › Comparisons › CSGP vs MSCI
Costar Group vs MSCI: CSGP and MSCI compared
Costar Group is the larger company: $952M of revenue in its latest quarter (Q3 2026) against $892M for MSCI (Q3 2026). Costar Group is growing faster (+14% against +12% a year earlier). MSCI is more profitable, with an operating margin of 56.3% against 8.8%.
Where the money goes: CSGP and MSCI
Costar Group (CSGP) · Q3 2026
Costar Group, Q3 2026: revenue $952M (+14% year over year), operating margin 8.8%, net earnings $74.0M, operating cash flow $188M. The chart follows the revenue to costs, profit and cash.
MSCI (MSCI) · Q3 2026
MSCI, Q3 2026: revenue $892M (+12% year over year), operating margin 56.3%, net earnings $351M, operating cash flow $436M. The chart follows the revenue to costs, profit and cash.
| Costar Group (CSGP) | MSCI (MSCI) | |
|---|---|---|
| Latest quarter | Q3 2026 | Q3 2026 |
| Revenue | $952M | $892M |
| Revenue growth, Y/Y | +14% | +12% |
| Gross margin | 77.8% | — |
| Operating margin | 8.8% | 56.3% |
| Net earnings | $74.0M | $351M |
| Net margin | 7.8% | 39.3% |
| Operating cash flow | $188M | $436M |
| Free cash flow | $137M | $423M |
| Market value | $12.3B | $46.3B |
| P/E | 67.9× | 33.9× |
| Analysts’ mean target | $35.85 | $684.12 |
Where the revenue comes from
Costar Group
- Commercial Real Estate: $492M (52%)
- Residential Real Estate: $460M (48%)
Questions
Which is bigger, Costar Group or MSCI?
Costar Group is the larger company: $952M of revenue in its latest quarter (Q3 2026) against $892M for MSCI (Q3 2026).
Is Costar Group or MSCI growing faster?
Costar Group is growing faster (+14% against +12% a year earlier).
Which is more profitable, Costar Group or MSCI?
MSCI is more profitable, with an operating margin of 56.3% against 8.8%.
More: Costar Group earnings · how Costar Group makes money · MSCI earnings · how MSCI makes money
From the companies' latest 10-Q, 10-K or earnings release (10-Q filed Oct 28, 2026; 10-Q filed Oct 20, 2026). Fiscal quarters can end on different dates. Not investment advice.