CarGurus Income Statement

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

Millions USD. Fiscal year is Jan - Dec.

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

Updated Dec 31, 2025. Data Source: Fiscal.ai. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q