Every material Form 8-K CarGurus filed with the SEC in 2026, read and summarized by AI: what happened, the key figures, whether it reads positive or negative for shareholders, and how big a deal it is (impact 1-5). Newest first; each brief links to its own page and to the filing on SEC.gov.
CarGurus reported third-quarter 2026 results for the period ended September 30, 2026, with revenue up 12% year over year to $258.4 million and GAAP net income from continuing operations up 2% to $52.8 million. The company also issued fourth-quarter and full-year 2026 guidance and authorized a $250.0 million share repurchase program, which matters to shareholders because it signals both growth in the core business and capital returned to stockholders.
Q3 2026 revenue of $258.4 million, up 12% year over year and at the high end of guidance; Adjusted EBITDA from continuing operations of $89.7 million, up 9%
Q3 diluted EPS from continuing operations of $0.59, versus $0.52 a year earlier; nine-month GAAP net income from continuing operations fell 6% to $134.2 million
Fourth-quarter 2026 guidance: revenue of $258.5 million to $263.5 million and non-GAAP EPS of $0.73 to $0.79
Board authorized a $250.0 million share repurchase program; nine-month impairments totaled $20.2 million
CarGurus appointed Matthew Mandel as Chief Financial Officer, effective October 19, 2026, replacing CEO Jason Trevisan, who has served as interim principal financial and principal accounting officer since March 2025. Mandel's offer letter includes a $450,000 base salary, a target bonus of up to $450,000, and a $5,500,000 restricted stock unit grant, which matters to shareholders because it sets the compensation terms for the company's top finance role.
Matthew Mandel, 42, is currently Chief Financial Officer and Chief Operating Officer at Fleetio, a role he has held since November 2023.
Jason Trevisan will step down as interim principal financial and principal accounting officer on the start date and will continue as Chief Executive Officer.
Offer letter terms: $450,000 annual base salary, target bonus of up to $450,000, $250,000 sign-on bonus, and a $5,500,000 restricted stock unit grant.
Severance if terminated without Cause or for Good Reason is nine months of base salary plus nine months of COBRA premiums, paid in a lump sum.
CarGurus reported second-quarter 2026 revenue of $251.0 million, up 13% year over year, and diluted earnings per share from continuing operations of $0.54, up from $0.49. GAAP net income from continuing operations was flat at $49.2 million. The company also amended its credit agreement, cutting revolving commitments from $400.0 million to $200.0 million and extending maturity to August 6, 2031.
Q2 2026 revenue was $251.0 million, up 13% year over year; non-GAAP adjusted EBITDA from continuing operations was $84.7 million, up 7%.
GAAP net income from continuing operations was $49.2 million, flat year over year; diluted EPS from continuing operations was $0.54 versus $0.49.
Third-quarter 2026 guidance: total revenue of $253.5 million to $258.5 million and non-GAAP adjusted EBITDA from continuing operations of $82.0 million to $90.0 million.
On August 6, 2026, the First Amendment to the credit agreement reduced revolving commitments from $400.0 million to $200.0 million and extended the facility's maturity from September 26, 2027 to August 6, 2031.
CarGurus reported first-quarter 2026 revenue of $243.6 million, up 15% from a year earlier, and non-GAAP Adjusted EBITDA from continuing operations of $80.2 million, up 17%. GAAP net income from continuing operations fell 23% to $32.2 million after $19.7 million of impairments, and the company repurchased $175 million of shares in the quarter. The company also issued second-quarter and full-year 2026 guidance, which calls for revenue of $247.0 million to $252.0 million in the second quarter.
Q1 2026 revenue was $243.6 million, up 15% year over year; GAAP net income from continuing operations was $32.2 million, down 23%
GAAP diluted EPS from continuing operations was $0.34 versus $0.40 a year earlier; non-GAAP Adjusted EBITDA margin was 33%
Impairments of $19.7 million were recorded in the quarter
Q2 2026 guidance: revenue of $247.0 million to $252.0 million and non-GAAP EPS from continuing operations of $0.57 to $0.64; full-year revenue growth guided to 10% to 13%
CarGurus reported fourth-quarter and full-year 2025 results on February 19, 2026. Full-year revenue from continuing operations grew 14% to $907.0 million, and GAAP net income from continuing operations rose 53% to $196.7 million. The company also set 2026 guidance and announced a new $250.0 million share repurchase program.
Full-year 2025 revenue of $907.0 million, up 14%; GAAP net income from continuing operations of $196.7 million, up 53%
Fourth-quarter 2025 revenue of $241.1 million, up 15%; GAAP net income from continuing operations of $53.7 million, up 12%
2026 guidance: full-year revenue growth of 10% to 13%; first-quarter revenue of $240.5 million to $245.5 million
New $250.0 million share repurchase program for 2026, after about $350 million of shares repurchased in 2025
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.
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