CarGurus, Inc. (CARG)

CarGurus Income Statement

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

Year	2023	2022	2021	2020	2019
Revenue	914.24	1,655	951.37	551.45	588.92
Revenue Growth (YoY)	-44.76%	73.96%	72.52%	-6.36%	29.69%
Cost of Revenue	262.79	997.48	294.02	42.71	36.3
Gross Profit	651.45	657.55	657.36	508.75	552.62
Selling, General & Admin	456.83	409.83	388.25	319.15	444.28
Research & Development	146.17	123.77	106.42	85.73	69.46
Other Operating Expenses	15.83	15.48	14.42	6.12	4.55
Operating Expenses	618.83	549.08	509.09	410.99	518.29
Operating Income	32.63	108.48	148.27	97.76	34.32
Other Expense / Income	-33.95	-8.32	0.04	-1.35	-4.38
Pretax Income	66.58	116.8	148.23	99.11	38.71
Income Tax	29.63	32.41	38.99	21.56	-3.44
Net Income	36.94	84.39	109.24	77.55	42.15
Preferred Dividends	5.84	-109.4	109.4	0	0
Net Income Common	31.1	193.79	-0.15	77.55	42.15
Net Income Growth	-83.95%	-	-	84.01%	-35.33%
Shares Outstanding (Basic)	113	118	117	113	111
Shares Outstanding (Diluted)	114	128	117	114	113
Shares Change	-10.90%	9.40%	2.89%	0.37%	0.06%
EPS (Basic)	0.27	1.64	-	0.69	0.38
EPS (Diluted)	0.19	0.62	-	0.68	0.37
EPS Growth	-69.35%	-	-	83.78%	-35.09%
Free Cash Flow	83.78	238.84	84.42	149.21	55.89
Free Cash Flow Per Share	0.74	2.02	0.72	1.32	0.50
Gross Margin	71.26%	39.73%	69.10%	92.26%	93.84%
Operating Margin	3.57%	6.55%	15.58%	17.73%	5.83%
Profit Margin	3.40%	11.71%	-0.02%	14.06%	7.16%
Free Cash Flow Margin	9.16%	14.43%	8.87%	27.06%	9.49%
Effective Tax Rate	44.51%	27.75%	26.30%	21.75%	-8.89%
EBITDA	115.05	162.13	188.71	109.3	46.52
EBITDA Margin	12.58%	9.80%	19.84%	19.82%	7.90%
Depreciation & Amortization	48.47	45.33	40.48	10.19	7.82
EBIT	66.58	116.8	148.23	99.11	38.71
EBIT Margin	7.28%	7.06%	15.58%	17.97%	6.57%

Source: Financials are provided by Nasdaq Data Link and sourced from the audited annual (10-K) and quarterly (10-Q) reports submitted to the Securities and Exchange Commission (SEC).