CarGurus, Inc. (CARG)

CarGurus Financials Overview

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

Revenue & Profits

Chart

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Revenue Revenue Growth	993.99	906.98	798.04	698.42	1,655	951.37
Revenue Growth	24.55%	13.65%	14.26%	-57.80%	73.96%	72.52%
Gross Profit Gross Profit Growth	915.89	841.51	737.45	636.61	657.72	658.01
Operating Income Operating Income Growth	260.27	244.94	178.65	120.33	108.64	148.92
Net Income Net Income Growth	184.01	155.9	20.97	31.1	193.79	-0.15
Earnings Per Share EPS Growth	1.53	1.14	-0.81	-0.43	0.62	-0.00
EPS Growth	253.36%	-	-	-	-	-

Revenue by Segment

Chart

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep 30, 2026	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
U.S. Marketplace U.S. Marketplace Growth	-	733.69	647.28	614.14	594.6
Digital Wholesale Digital Wholesale Growth	-	97.79	216.01	996.26	314.43
Other Other Growth	-	62.91	50.95	44.64	42.34
Revenue (Total) Revenue (Total) Growth	993.99	798.04	698.42	1,655	951.37

Cash & Debt

Chart

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Cash & Investments Cash & Investments Growth	164.91	190.52	304.19	312.09	469.52	321.94
Total Debt Total Debt Growth	182.27	190.83	192.74	194.39	66.42	70.71
Net Cash (Debt) Net Cash Growth	-17.36	-0.32	111.45	117.7	403.1	251.24
Net Cash Growth	-	-	-5.31%	-70.80%	60.44%	13.99%
Net Cash Per Share Net Cash Per Share Growth	-0.19	-0.00	1.05	1.03	3.15	2.14

Cash Flow & CapEx

Chart

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Operating Cash Flow Operating Cash Flow Growth	328.37	295.28	255.49	124.53	256.11	98.29
Capital Expenditures CapEx Growth	-3.15	-6.38	-75.17	-24.56	-5.92	-7.71
Free Cash Flow Free Cash Flow Growth	325.22	288.9	180.32	99.96	250.18	90.58
Free Cash Flow Growth	19.36%	60.21%	80.39%	-60.04%	176.20%	-41.10%

Margins

Chart

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Gross Margin	92.14%	92.78%	92.41%	91.15%	39.74%	69.16%
Operating Margin	26.19%	27.01%	22.39%	17.23%	6.56%	15.65%
Pretax Margin	24.50%	27.88%	21.10%	19.92%	6.73%	15.70%
Profit Margin	18.51%	17.19%	2.63%	4.45%	11.71%	-0.02%
FCF Margin	32.72%	31.85%	22.60%	14.31%	15.12%	9.52%

Valuation

Chart

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Nov 12, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
PE Ratio	22.73	23.48	180.69	87.21	8.60	-
Forward PE	11.82	15.62	19.31	18.67	19.32	24.10
P/FCF Ratio	9.57	12.67	21.02	27.13	6.66	43.71
PS Ratio	3.13	4.04	4.75	3.88	1.01	4.16

Data Sources: S&P Global Market Intelligence and Fiscal.ai Last updated: Nov 5, 2026

Financial data is provided by S&P Global Market Intelligence and updates within hours after each earnings release, which is every three months for this company. Revenue segment data is provided by Fiscal.ai.

Update frequency:

Quarterly

Last checked:

Nov 11, 2026

Data Sources Report a data error