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CarGurus (CARG)

Nasdaq Communication Services Interactive Media & Services S&P SmallCap 600
$33.74
-2.41 (-6.67%)
Close of Nov 06, 2026 · end-of-day data
Source: CarGurus's 10-K / 10-Q XBRL data on SEC EDGAR · fetched Nov 06, 2026

Revenue, net income & free cash flow

Income statement

fiscal years · USD
Fiscal yearFY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Revenue$198.14M$316.86M$454.09M$588.92M$551.45M$951.37M$1.66B$698.42M$798.04M$906.98M
Cost of revenue—$17.61M$24.81M$36.30M$42.71M$294.01M$997.48M$61.81M$70.35M$65.47M
Gross profit$188.57M$299.25M$429.27M$552.62M$508.75M$657.36M$657.55M$636.61M$727.70M$841.51M
Research & development$11.45M$22.47M$47.87M$69.46M$85.73M$106.42M$123.77M$136.76M$139.01M$138.28M
Operating income$8.57M$15.27M$23.19M$34.32M$97.76M$148.27M$108.48M$120.33M$157.15M$244.44M
Interest expense$26.00K$29.00K————————
Pre-tax income$8.95M$15.84M$25.48M$38.70M$99.11M$149.36M$111.36M$139.13M$168.39M$252.83M
Income tax$2.45M$2.64M-$39.69M-$3.44M$21.56M$38.99M$32.41M$46.69M$39.65M$56.09M
Net income$6.50M$13.20M$65.17M$42.15M$77.55M$109.24M$84.39M$36.94M$20.97M$155.90M
EBITDA$10.64M$19.07M$28.22M$42.14M$107.95M$188.74M$153.81M$168.80M$182.51M$272.79M
EPS (basic)$-0.58$0.13$0.60$0.38$0.69$0.00$1.64$0.27$0.20$1.58
EPS (diluted)$-0.58$0.12$0.57$0.37$0.68$0.00$0.62$0.19$0.20$1.55
Diluted shares44.14M60.64M113.36M113.43M113.85M117.14M128.15M114.19M106.26M100.41M
Gross margin95.2%94.4%94.5%93.8%92.3%69.1%39.7%91.2%91.2%92.8%
Operating margin4.3%4.8%5.1%5.8%17.7%15.6%6.6%17.2%19.7%27.0%
Net margin3.3%4.2%14.4%7.2%14.1%11.5%5.1%5.3%2.6%17.2%

Balance sheet

fiscal years · USD
Fiscal yearFY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Cash & equivalents$29.48M$87.71M$34.89M$59.92M$190.30M$231.94M$469.52M$291.36M$304.19M$190.52M
Short-term investments$44.77M$50.00M—————$20.72M$0—
Receivables$6.65M$12.58M$13.61M$22.12M$18.23M$189.32M$46.82M$39.96M$38.28M$41.94M
Inventory—————$19.66M$5.28M$331.00K$338.00K—
Total current assets$85.51M$157.20M$194.86M$218.95M$331.98M$563.11M$557.37M$391.19M$391.21M$282.95M
Goodwill———$15.21M$29.13M$158.29M$157.47M$157.90M$26.60M$28.40M
Total assets$100.33M$176.59M$268.29M$393.62M$502.30M$931.57M$927.10M$918.93M$824.54M$661.90M
Total current liabilities$29.05M$42.97M$63.50M$73.76M$66.54M$170.71M$98.73M$115.18M$93.05M$100.54M
Long-term debt—————$0$0$0$0$0
Total debt—————$0$0$0$0$0
Total liabilities$35.60M$49.57M$74.18M$136.77M$128.71M$251.93M$155.74M$302.07M$282.85M$287.70M
Shareholders' equity-$67.97M$127.03M$194.11M$256.86M$373.59M$516.84M$734.61M$616.85M$541.69M$374.20M

Cash flow

fiscal years · USD
Fiscal yearFY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Operating cash flow$20.00M$25.69M$51.72M$70.12M$156.74M$98.29M$256.11M$124.53M$255.49M$295.28M
Capital expenditures$5.85M$5.16M$5.96M$11.21M$2.95M$7.71M$5.92M$24.56M$75.17M$6.38M
Free cash flow$14.16M$20.53M$45.77M$58.91M$153.79M$90.58M$250.18M$99.96M$180.32M$288.90M
Investing cash flow-$51.99M-$12.60M-$80.28M-$22.26M-$16.89M-$68.15M$72.73M-$61.56M-$72.97M-$29.32M
Financing cash flow$690.00K$44.78M-$23.39M-$14.69M-$10.09M$17.81M-$92.62M-$253.64M-$168.63M-$383.76M
Share buybacks——————$14.43M$208.52M$146.18M$351.93M
Stock-based compensation$322.00K$5.03M$20.79M$34.30M$45.09M$53.52M$54.78M$63.74M$62.27M$50.44M
Depreciation & amortization$2.07M$3.79M$5.03M$7.82M$10.19M$40.48M$45.33M$48.47M$25.36M$28.35M

Quarterly figures are rebuilt from the year-to-date totals companies report — Q4 is the full year minus the first nine months, since no 10-Q is filed for it. Values are as filed; later restatements replace earlier ones. Fiscal years are labelled by the calendar year in which they end.