CarGurus, Inc.

CarGurus, Inc.

CARG·NASDAQ

$28.64

-8.3%
Consumer CyclicalAuto - Dealerships

CarGurus, Inc. operates an online automotive platform for buying and selling vehicles in the United States and internationally. It operates through two segments, U.S. Marketplace and Digital Wholesale. The company provides an online automotive marketplace that allows customers to search for new and used car listings from its dealers; and connects dealers to a large audience of informed and engaged consumers while providing dealers with actionable data-based insights. It also offers Digital Deal which allows shoppers to start purchase from a VDP on eligible listings that provides them with purchase options; Finance in Advance, where eligible consumers can pre-qualify for financing on cars from dealerships that offer financing from partners; Sell My Car – Top Dealer Offers which allows dealers to make tailored trade-in offers; and Sell My Car – Instant Max Cash Offer which allows consumers to sell vehicles to dealers online. In addition, the company provides dealer listings and data insights products; auto manufacturers and others advertiser products, such as brand reinforcement, category sponsorship, automobile segment exclusivity, and consumer segment exposure; Autolist, an online automotive marketplace through mobile applications and a website; and PistonHeads which is an automotive marketplace, auction platform, and editorial site for automotive enthusiasts. The company was formerly known as CarGurus LLC and changed its name to CarGurus, Inc. in June 2015. CarGurus, Inc. was founded in 2005 and is headquartered in Boston, Massachusetts.

At a Glance

Live Snapshot
Market Cap$2.77B
EPS1.5900
P/E Ratio23.44
Earnings Date08/06/2026
3Y-43.0%
5Y+70.0%
10Y+374.0%
3Y-20.0%
5Y+101.0%
10Y+2300.0%
3Y+15.0%
5Y+88.0%
10Y+1376.0%
CarGurus, Inc.

CarGurus, Inc. Profit Bridge

CARG · NASDAQ
Revenue938.98M
Cost of Goods Sold (103.44M)
Gross Profit835.54M
Operating Expenses (641.14M)
Operating Income194.40M
Interest Expense (0.00)
Other Income/Expense8.40M
Pretax Income202.80M
Income Tax (42.96M)
Net Income155.90M
Net Income
155.90M

Profitability Analysis

Gross Margin

89.0%

Exceptional pricing power and cost management. The company retains over half of revenue after direct costs.

Operating Margin

20.7%

Healthy operating margins demonstrate effective cost control and strong business fundamentals.

Net Profit Margin

16.6%

Strong net margins indicate efficient operations and favorable tax/interest management.

Effective Tax Rate

21.2%

Moderate tax rate typical for most corporations. Represents standard tax burden on profits.

Profitability Insight

Exceptional profitability across all levels: Strong pricing power, efficient operations, and healthy bottom line indicate a high-quality business with sustainable competitive advantages.

CarGurus, Inc. Income Statement

CARG • NASDAQ

CarGurus, Inc. Income StatementDec 2025Dec 2024Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015
REVENUE
939M
894.4M
914.2M
1.7B
951.4M
551.5M
588.9M
454.1M
316.9M
198.1M
98.6M
GROSS PROFIT
(103.4M)
(155.4M)
(262.8M)
(997.5M)
(294M)
(42.7M)
(36.3M)
(24.8M)
(17.6M)
(9.6M)
(4.2M)
835.5M
738.9M
651.5M
657.6M
657.4M
508.7M
552.6M
429.3M
299.3M
188.6M
94.4M
OPERATING INCOME
(641.1M)
(725.5M)
(618.8M)
(549.1M)
(509.1M)
(411M)
(518.3M)
(406.1M)
(284M)
(180M)
(96.9M)
(442.3M)
(434.3M)
(456.8M)
(409.8M)
(388.3M)
(319.1M)
(444.3M)
(355.4M)
(258.9M)
(166.9M)
(87.7M)
(155.7M)
(144.4M)
(146.2M)
(123.8M)
(106.4M)
(85.7M)
(69.5M)
(47.9M)
(22.5M)
(11.5M)
(8.2M)
194.4M
13.4M
32.6M
108.5M
148.3M
97.8M
34.3M
23.2M
15.3M
8.6M
-2.5M
PRE-TAX INCOME
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(29K)
(26K)
(12K)
9.2M
12.2M
18.4M
3.8M
120K
1.1M
3M
2.3M
840K
390K
-12K
(43.1M)
(146.8M)
(15.8M)
(15.5M)
(14.4M)
(6.1M)
(4.6M)
(10K)
(563K)
(1.6M)
(969K)
8.4M
11.2M
19.1M
2.9M
1.1M
1.4M
4.4M
2.3M
563K
374K
-12K
202.8M
24.7M
51.7M
111.4M
149.4M
99.1M
38.7M
25.5M
15.8M
8.9M
-2.5M
NET INCOME
(43M)
(3.7M)
(29.6M)
(32.4M)
(39M)
(21.6M)
-3.4M
-39.7M
(2.6M)
(2.4M)
-904K
155.9M
21M
31.1M
193.8M
109.2M
77.6M
42.1M
65.2M
13.2M
6.5M
-1.6M

SEC Filings

CARG - Filing history and reports

Filing TypeFiling DatePeriod EndingFiscal YearActions
10-Q

10-Q 2026 Q1

Q1

May 07, 2026
March 31, 2026
2026
8-K

8-K 2026

N/A

May 07, 2026
May 07, 2026
2026
DEF 14A

DEF 14A 2026

N/A

April 22, 2026
June 03, 2026
2026
10-K

10-K 2025 FY

FY

February 19, 2026
December 31, 2025
2025
8-K

8-K 2026

N/A

February 19, 2026
February 19, 2026
2026
10-Q

10-Q 2025 Q3

Q3

November 06, 2025
September 30, 2025
2025
8-K

8-K 2025

N/A

November 06, 2025
November 06, 2025
2025
10-Q

10-Q 2025 Q2

Q2

August 07, 2025
June 30, 2025
2025
8-K

8-K 2025

N/A

August 07, 2025
August 06, 2025
2025
8-K

8-K 2025

N/A

June 05, 2025
June 04, 2025
2025
Showing 1 to 10 of 124 filings