CarGurus Income Statement

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Revenue	926.43	894.38	914.24	1,655	951.37	551.45
Revenue Growth (YoY)	4.21%	-2.17%	-44.76%	73.96%	72.52%	-6.36%
Cost of Revenue	106.5	145.51	262.6	997.32	293.37	42.71
Gross Profit	819.92	748.88	651.64	657.72	658.01	508.75
Selling, General & Admin	445.34	434.32	456.83	409.83	388.25	319.15
Research & Development	141.7	144.43	146.17	123.77	106.42	85.73
Operating Expenses	605.02	591.03	618.83	549.08	509.09	410.99
Operating Income	214.91	157.84	32.81	108.64	148.92	97.76
Interest & Investment Income	10.65	12.19	18.43	3.85	0.12	1.08
Other Non Operating Income (Expenses)	-1.34	-0.94	0.63	-0.96	0.97	0.28
EBT Excluding Unusual Items	224.22	169.09	51.87	111.53	150.01	99.11
Asset Writedown	-128.19	-144.43	-0.18	-0.17	-0.65	-
Pretax Income	187.86	24.66	51.69	111.36	149.36	99.11
Income Tax Expense	35.88	3.69	29.63	32.41	38.99	21.56
Earnings From Continuing Operations	151.99	20.97	22.05	78.95	110.37	77.55
Minority Interest in Earnings	-	-	9.05	114.83	-110.53	-
Net Income	151.99	20.97	31.1	193.79	-0.15	77.55
Net Income to Common	151.99	20.97	31.1	193.79	-0.15	77.55
Net Income Growth	-	-32.57%	-83.95%	-	-	84.01%
Shares Outstanding (Basic)	101	105	113	118	117	113
Shares Outstanding (Diluted)	104	106	114	128	117	114
Shares Change (YoY)	-2.26%	-6.94%	-10.90%	9.40%	2.89%	0.37%
EPS (Basic)	1.51	0.20	0.27	1.64	-0.00	0.69
EPS (Diluted)	1.46	0.20	0.19	0.62	-0.00	0.68
EPS Growth	-	2.19%	-68.65%	-	-	83.78%
Free Cash Flow	272.48	180.32	99.96	250.18	90.58	153.79
Free Cash Flow Per Share	2.62	1.70	0.88	1.95	0.77	1.35
Gross Margin	88.50%	83.73%	71.28%	39.74%	69.16%	92.26%
Operating Margin	23.20%	17.65%	3.59%	6.56%	15.65%	17.73%
Profit Margin	16.41%	2.34%	3.40%	11.71%	-0.02%	14.06%
Free Cash Flow Margin	29.41%	20.16%	10.93%	15.12%	9.52%	27.89%
EBITDA	226.51	167.17	66.36	145.05	185.41	104.62
EBITDA Margin	24.45%	18.69%	7.26%	8.76%	19.49%	18.97%
D&A For EBITDA	11.6	9.33	33.55	36.41	36.5	6.87
EBIT	214.91	157.84	32.81	108.64	148.92	97.76
EBIT Margin	23.20%	17.65%	3.59%	6.56%	15.65%	17.73%
Effective Tax Rate	19.10%	14.95%	57.33%	29.10%	26.10%	21.75%
Revenue as Reported	926.43	894.38	914.24	1,655	951.37	551.45
Advertising Expenses	-	160.67	138.78	156.13	151.46	155.58

Source: S&P Global Market Intelligence. Standard template. Financial Sources.