CarGurus Income Statement

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Revenue	957.38	906.98	798.04	698.42	1,655	951.37
Revenue Growth (YoY)	9.72%	13.65%	14.26%	-57.80%	73.96%	72.52%
Cost of Revenue	54.82	65.47	70.35	61.81	997.48	294.02
Gross Profit	866.43	841.51	727.7	636.61	657.55	657.36
Selling, General & Admin	452.76	442.29	410.66	372.79	409.83	388.25
Depreciation & Amortization Expenses	15.49	15.99	9.12	6.74	15.48	14.42
Research & Development	139.7	138.28	139.01	136.76	123.77	106.42
Other Operating Expenses	19.7	0.5	11.76	-	-	-
Total Operating Expenses	627.66	597.07	570.55	516.28	549.08	509.09
Operating Income	238.77	244.45	157.15	120.33	108.48	148.27
Interest Income	7.72	9.15	12.2	18.44	3.85	0.12
Other Non-Operating Income (Expense)	-1.07	-0.76	-0.96	0.36	-0.96	0.97
Total Non-Operating Income (Expense)	6.66	8.39	11.24	18.8	2.88	1.09
Pretax Income	245.43	252.83	168.39	139.13	111.36	149.36
Provision for Income Taxes	55.5	56.09	39.65	46.69	32.41	38.99
Net Income	189.93	155.9	20.97	31.1	193.79	-0.15
Minority Interest in Earnings	-	-	-	20.73	-103.97	108.27
Net Income to Common	189.93	155.9	20.97	31.1	193.79	-0.15
Net Income Growth	390.56%	643.39%	-32.57%	-83.95%	-	-
Shares Outstanding (Basic)	97	99	105	113	118	117
Shares Outstanding (Diluted)	98	100	106	114	128	117
Shares Change (YoY)	-6.74%	-5.51%	-6.94%	-10.90%	9.40%	2.89%
EPS (Basic)	1.55	1.58	0.20	0.27	1.64	-
EPS (Diluted)	1.52	1.55	0.20	0.19	0.62	-
EPS Growth	334.29%	675.00%	5.26%	-69.36%	-	-
Shares Outstanding	89.89	94.88	103.99	108.17	117.64	114.18
Free Cash Flow	292.72	288.9	180.32	99.96	250.18	90.58
Free Cash Flow Growth	1.32%	60.21%	80.39%	-60.04%	176.20%	-41.10%
Free Cash Flow Per Share	2.99	2.88	1.70	0.88	1.95	0.77
Gross Margin	90.50%	92.78%	91.19%	91.15%	39.73%	69.10%
Operating Margin	24.94%	26.95%	19.69%	17.23%	6.55%	15.58%
Profit Margin	19.84%	17.19%	2.63%	3.16%	4.77%	11.60%
FCF Margin	30.57%	31.85%	22.60%	14.31%	15.12%	9.52%
EBITDA	267.73	272.79	182.51	168.8	153.81	188.74
EBITDA Margin	27.96%	30.08%	22.87%	24.17%	9.29%	19.84%
EBIT	238.77	244.45	157.15	120.33	108.48	148.27
EBIT Margin	24.94%	26.95%	19.69%	17.23%	6.55%	15.58%
Effective Tax Rate	22.61%	22.19%	23.55%	33.56%	29.10%	26.10%

Updated May 7, 2026. Data Source: Fiscal.ai. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q