CarGurus, Inc. (CARG)

CarGurus Income Statement

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Revenue	919.09	894.38	914.24	1,655	951.37	551.45
Revenue Growth (YoY)	4.79%	-2.17%	-44.76%	73.96%	72.52%	-6.36%
Cost of Revenue	120.79	145.51	262.6	997.32	293.37	42.71
Gross Profit	798.3	748.88	651.64	657.72	658.01	508.75
Selling, General & Admin	439.13	434.32	456.83	409.83	388.25	319.15
Research & Development	142.93	144.43	146.17	123.77	106.42	85.73
Operating Expenses	597.66	591.03	618.83	549.08	509.09	410.99
Operating Income	200.64	157.84	32.81	108.64	148.92	97.76
Interest & Investment Income	11.08	12.19	18.43	3.85	0.12	1.08
Other Non Operating Income (Expenses)	-1.03	-0.94	0.63	-0.96	0.97	0.28
EBT Excluding Unusual Items	210.68	169.09	51.87	111.53	150.01	99.11
Asset Writedown	-144.97	-144.43	-0.18	-0.17	-0.65	-
Pretax Income	161.35	24.66	51.69	111.36	149.36	99.11
Income Tax Expense	31.57	3.69	29.63	32.41	38.99	21.56
Earnings From Continuing Operations	129.78	20.97	22.05	78.95	110.37	77.55
Minority Interest in Earnings	-	-	9.05	114.83	-110.53	-
Net Income	129.78	20.97	31.1	193.79	-0.15	77.55
Net Income to Common	129.78	20.97	31.1	193.79	-0.15	77.55
Net Income Growth	-	-32.57%	-83.95%	-	-	84.01%
Shares Outstanding (Basic)	102	105	113	118	117	113
Shares Outstanding (Diluted)	105	106	114	128	117	114
Shares Change (YoY)	-3.65%	-6.94%	-10.90%	9.40%	2.89%	0.37%
EPS (Basic)	1.27	0.20	0.27	1.64	-0.00	0.69
EPS (Diluted)	1.24	0.20	0.19	0.62	-0.00	0.68
EPS Growth	-	2.19%	-68.65%	-	-	83.78%
Free Cash Flow	248.58	180.32	99.96	250.18	90.58	153.79
Free Cash Flow Per Share	2.37	1.70	0.88	1.95	0.77	1.35
Gross Margin	86.86%	83.73%	71.28%	39.74%	69.16%	92.26%
Operating Margin	21.83%	17.65%	3.59%	6.56%	15.65%	17.73%
Profit Margin	14.12%	2.34%	3.40%	11.71%	-0.02%	14.06%
Free Cash Flow Margin	27.05%	20.16%	10.93%	15.12%	9.52%	27.89%
EBITDA	210.06	167.17	66.36	145.05	185.41	104.62
EBITDA Margin	22.86%	18.69%	7.26%	8.76%	19.49%	18.97%
D&A For EBITDA	9.42	9.33	33.55	36.41	36.5	6.87
EBIT	200.64	157.84	32.81	108.64	148.92	97.76
EBIT Margin	21.83%	17.65%	3.59%	6.56%	15.65%	17.73%
Effective Tax Rate	19.57%	14.95%	57.33%	29.10%	26.10%	21.75%
Revenue as Reported	919.09	894.38	914.24	1,655	951.37	551.45
Advertising Expenses	-	160.67	138.78	156.13	151.46	155.58

Updated Aug 7, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q